Welcome to our dedicated page for Comstock Rscs SEC filings (Ticker: CRK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Comstock Resources, Inc. filings document the regulatory record for a Nevada oil and gas exploration and production company focused on North American natural gas and oil operations in Louisiana and Texas. Recent Form 8-K reports furnish quarterly earnings releases covering natural gas and oil sales, operating cash flow, adjusted EBITDAX, adjusted net income, hedging activity and wells turned to sales.
Proxy materials disclose annual meeting and governance matters, executive compensation, pay-versus-performance data and equity-award information. The filing record also captures material-event reporting and public-company disclosures tied to Comstock's operating results and securities-reporting obligations.
Comstock Resources returned to profitability in Q1 2026, reporting net income of $112.5 million, or $0.38 per diluted share, compared with a net loss of $115.4 million a year earlier. Total revenues and other operating income rose to $587.4 million from $512.9 million.
Natural gas production declined 15% to 97.9 Bcf, but the average realized gas price increased to $4.27 per Mcf, lifting sales. The company recorded a $2.4 million gain on derivatives versus a large prior-year loss, and operating cash flow grew to $272.0 million. Capital spending was heavy at $405.0 million cash, mainly for Haynesville and Bossier drilling and midstream assets.
Long-term debt totaled $2.95 billion, including senior notes due 2029 and 2030 and bank borrowings, while total liquidity was about $1.27 billion. Comstock also outlined extensive natural gas hedges through 2027 and expects to redeem $440 million of joint-venture units at Pinnacle Gas Services in the second quarter of 2026.
Comstock Resources reported a profitable first quarter of 2026 driven by higher margins and derivative gains. Total revenues and other operating income were $587.4 million, and net income was $112.5 million, compared with a net loss of $115.4 million a year earlier, or $0.38 per diluted share versus a $0.40 loss.
Adjusted net income, which excludes unrealized hedge impacts and certain items, was $44.5 million, or $0.15 per share, and adjusted EBITDAX was $251.3 million. Operating cash flow was $191.9 million, but heavy exploration, development, and midstream spending led to a free cash deficit after acquisitions and divestitures of $223.3 million.
Production totaled 97.9 Bcfe, with an average unhedged operating margin of 78% and 73% after hedging. The company drilled 17 operated Haynesville/Bossier wells and turned 13 to sales, including high-rate Western Haynesville wells with initial production rates up to 35 MMcf per day.
Comstock Resources, Inc. is asking stockholders to vote at its June 2, 2026 annual meeting on three key items: electing five directors, ratifying Ernst & Young LLP as independent auditors for 2026, and approving an advisory resolution on 2025 executive pay.
The proxy highlights strong 2025 results, including natural gas and oil sales of $1.4 billion and net income of $420.2 million, helped by higher natural gas prices. The company drilled 52 successful Haynesville/Bossier wells, added one trillion cubic feet of drilling-related proved reserves at a finding cost of $1.02 per thousand cubic feet equivalent, and replaced 229% of 2025 production.
Comstock also sold legacy Cotton Valley and Shelby Trough assets for $445 million, recognizing a pre-tax gain of $292 million and using proceeds to reduce debt. Over the last two years, total shareholder return reached 162%, the highest among public exploration and production companies, while the board emphasizes independent oversight, stock ownership guidelines, and a pay program tied to returns and operational performance.
Comstock Resources Vice President of Operations Patrick McGough reported an open-market sale of 48,915 shares of common stock at a price of $21.205 per share. After this transaction, he directly holds 187,516 shares of Comstock Resources common stock.
Charles Schwab Corp notice of proposed resale of common stock under Rule 144 by an affiliate. The excerpt lists multiple restricted stock awards with grant dates 08/22/2019, 06/03/2020, 06/08/2021, and award quantities such as 5,492, 5,719, 5,085, 5,493 and 15,915.
The filing references the NYSE and a date 03/05/2026; it chiefly documents planned sales of equity awards rather than operational results.
Comstock Resources VP of Finance and IR Ronald Eugene Mills reported a tax-related share disposition. On this Form 4/A, 2,192 shares of common stock were withheld at a price of $19.85 per share to cover taxes on vested restricted shares. After this non-open-market tax-withholding disposition, he directly owns 142,698 shares of Comstock Resources common stock.
Comstock Resources Inc. vice president of land Sanders LaRae Lynn reported a tax-withholding disposition of 1,940 shares of common stock. The shares were netted on vested restricted stock to cover tax withholdings at a price of $19.85 per share. After this transaction, Lynn directly owned 257,919 Comstock Resources shares.
Comstock Resources vice president of accounting Daniel K. Presley reported a Form 4 showing a tax-withholding disposition of 1,897 shares of common stock on restricted stock vesting. The shares were netted to cover tax withholdings at a reference price of $19.85 per share, rather than sold in an open-market trade. After this transaction, Presley directly held 268,257 shares of Comstock Resources common stock.
Comstock Resources Chief Commercial Officer reports tax share withholding
Comstock Resources’ Chief Commercial Officer, Clifford Doyle Newell III, reported a tax-withholding disposition of 3,591 shares of common stock on February 19, 2026. The shares were netted to cover taxes on vested restricted stock at a price of $19.85 per share, leaving him with 127,941 directly owned shares.