NYSEEnergyOil & Gas Exploration & ProductionS&P SmallCap 600
$13.41
+0.09 (+0.68%)
Close of Nov 06, 2026 · end-of-day data
CRK 8-K filings in 2025
Every material Form 8-K Comstock Resources filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Comstock Resources reported third quarter 2025 results, with net income of $118 million ($0.40 per diluted share) compared with a net loss of $25.7 million a year earlier. The result includes a $116.4 million unrealized hedging gain, and adjusted net income was $27.9 million ($0.09 per share), which management attributes largely to higher natural gas prices. The company also said it expects to close the $430 million Shelby Trough sale in December 2025 and use the proceeds to reduce long-term debt.
Total revenues were $449.9 million, up from $304.5 million in the third quarter of 2024.
Natural gas and oil sales including realized hedging gains were $335 million; operating cash flow was $190 million ($0.65 per diluted share).
Adjusted net income was $27.9 million ($0.09 per diluted share), compared with an adjusted net loss of $48.5 million a year earlier.
The $430 million Shelby Trough divestiture, agreed October 10, 2025, is expected to close in December 2025.
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.
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.
At its June 3, 2025 annual meeting, Comstock Resources stockholders approved an amendment to the 2019 Long-term Incentive Plan adding 10,000,000 shares, extending the plan through April 6, 2035, and making employees, contract employees and non-employee directors eligible for awards. All five board nominees were re-elected and Ernst & Young LLP was ratified as auditor for 2025.
Amendment adds 10,000,000 shares to the 2019 Plan and extends its term through April 6, 2035
Five directors re-elected, with Jim L. Turner receiving the most withheld votes at 13,775,654
Ernst & Young LLP ratified as independent auditor for fiscal year ending December 31, 2025, with 273,320,295 votes for
About 94% of voting capital stock, or 276,144,309 shares, was present at the meeting, meeting quorum
Comstock Resources reported first-quarter 2025 results on April 30, 2025, with total revenues of $512.9 million, up from $335.8 million a year earlier. The GAAP net loss of $115.4 million ($0.40 per share) included a $322.4 million unrealized loss on hedging contracts tied to higher future natural gas prices; excluding that item and exploration expense, adjusted net income was $53.8 million ($0.18 per diluted share). For shareholders, higher gas prices lifted sales and adjusted profit, but the GAAP loss was much larger than a year earlier.
Natural gas and oil sales including hedging were $405 million, compared with $336 million in the first quarter of 2024.
Net loss was $115.4 million, or $0.40 per share, versus a net loss of $14.5 million, or $0.05 per share, a year earlier.
Adjusted net income was $53.8 million, or $0.18 per diluted share, compared with an adjusted net loss of $8.5 million a year earlier.
Operating cash flow was $239.0 million, or $0.81 per diluted share; on April 29, 2025, the bank group reaffirmed the $2.0 billion borrowing base.
Comstock Resources reported fourth-quarter 2024 results with a GAAP net loss of $55.3 million, compared with net income of $108.4 million a year earlier. The loss reflects a $126.9 million unrealized hedging loss, and adjusted net income rose to $46.3 million, or $0.16 per share, while revenue fell, and the company reported that proved reserves fell to 3.8 Tcfe from 4.9 Tcfe, which shareholders should weigh alongside a planned increase in 2025 drilling spending.
Q4 2024 net loss was $55.3 million, or $0.19 per share, versus net income of $108.4 million, or $0.39 per share, in Q4 2023.
Q4 2024 adjusted net income was $46.3 million, or $0.16 per share, versus $27.9 million, or $0.10 per share, in Q4 2023.
Q4 2024 total revenues were $366.5 million, down from $410.6 million; production was 124.2 Bcfe versus 140.6 Bcfe.
Proved reserves at December 31, 2024 were 3.8 Tcfe, down from 4.9 Tcfe, with 2025 development spending planned at $1.0 billion to $1.1 billion.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Comstock Resources filing is on SEC EDGAR ↗. 8-K briefs of other companies →