Comstock Resources Q2 net income $130.7 million vs loss a year earlier
Comstock Resources reported second quarter 2025 results on July 30, 2025. Total revenues rose to $470.3 million from $246.8 million a year earlier, and the company attributed the improvement to higher natural gas prices. Net income was $130.7 million ($0.44 per diluted share), including a $231.6 million unrealized hedging gain, while adjusted net income was $40.0 million ($0.13 per diluted share), compared with an adjusted loss of $58.2 million a year earlier.
Key points
- Total revenues were $470.3 million, up from $246.8 million in the second quarter of 2024.
- Average natural gas price was $3.02 per Mcf before hedging, up from $1.65 per Mcf a year earlier.
- Adjusted EBITDAX was $259.7 million, compared with $166.7 million in the prior-year quarter.
- Management will hold an earnings conference call at 10:00 a.m. Central Time on July 31, 2025.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.