Comstock Rscs SEC Filings

FOSTER MORRIS E reported acquisition or exercise transactions in this Form 4 filing.

Comstock Resources director Morris E. Foster reported a new restricted stock award and updated holdings. He received a grant of 14,870 shares of common stock at $13.45 per share as a compensation-related award that vests after one year of service. Following this grant, he directly holds 231,623 common shares and also has an indirect holding of 10,050 shares held by the Foster Family Foundation.

Davis Elizabeth B reported acquisition or exercise transactions in this Form 4 filing.

COMSTOCK RESOURCES INC director Elizabeth B. Davis received a grant of 14,870 shares of Common Stock as a restricted stock award. The award was valued at $13.45 per share on the grant date. After this grant, she directly holds a total of 133,623 shares of the company’s common stock.

The footnotes state that this restricted stock award will vest after one year of service, meaning the shares are subject to a one-year service-based vesting condition before they fully vest to her.

Comstock Resources, Inc. reported the results of its annual shareholder meeting. Holders of 278,822,476 shares of common stock, representing about 95% of the 293,695,832 shares outstanding as of April 7, 2026, were present or represented by proxy, establishing a quorum.

Shareholders re-elected five directors to one-year terms, with each nominee receiving over 261 million votes in favor. They also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 277,902,269 votes in favor.

In addition, shareholders approved the advisory resolution on 2025 compensation for the company’s named executive officers, with 264,508,945 votes cast in favor, 526,507 against, 432,344 abstentions, and 13,354,680 broker non-votes.

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.