Comstock Resources Q2 net income falls to $8.8 million, $0.03 per share
Comstock Resources reported second quarter 2026 results, with net income available to the company of $8.8 million, or $0.03 per diluted share, down from $124.8 million, or $0.44, a year earlier. Total revenues and other operating income fell to $353.3 million from $470.3 million, although production rose 1% from the prior-year quarter and 16% from the first quarter of 2026.
Key points
- Net income available to the company was $8.8 million, or $0.03 per diluted share, versus $124.8 million, or $0.44, in Q2 2025
- Total revenues and other operating income were $353.3 million, versus $470.3 million in Q2 2025
- Production was 113.1 Bcfe, up 16% from Q1 2026 and up 1% from Q2 2025
- The company sold a 27% noncontrolling interest in Pinnacle Gas Services for $600 million and used the proceeds to redeem Pinnacle's preferred equity and debt
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits 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 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.