---
schema_version: "secwatch.filing_event.v1"
accession: "0000023194-21-000065"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:32:14.044286+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Comstock Q2 adjusted net income $55M; production up 8% QoQ; refinancing cuts annual interest $28M

## Summary
- Adjusted net income to common stockholders of $55M ($0.22/diluted); GAAP net loss $184.1M due to $114M loss on early debt retirement and $205M unrealized hedging loss.
- Production averaged 1,387 MMcfe/d (98% natural gas), up 8% from Q1 and 6% YoY; average realized price $2.57/Mcfe vs $1.96/Mcfe in Q2 2020.
- Revenues $324.8M, up 40% YoY; Adjusted EBITDAX $251M, up 55%; operating cash flow $196M; free cash flow $20M in Q2.
- Refinanced 9.75% senior notes with 5.875% notes, reducing annual interest by $28M; combined with March refi total annual savings $48M.
- Drilled 42 operated wells in H1; 26 turned to sales; expects 25 wells in Q3; using five operated rigs after releasing one in May.

## SEC filing metadata
- accession: 0000023194-21-000065
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000002319421000065/0000023194-21-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000002319421000065/crk-20210803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023194-21-000065
- JSON: https://secwatch.observer/filing/0000023194-21-000065.json
- Plain text: https://secwatch.observer/filing/0000023194-21-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.