secwatch.observer — SEC 8-K summary
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Issuer:     COMSTOCK RESOURCES INC (CRK)
CIK:        0000023194
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0000023194-21-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comstock Resources Q3 adjusted EPS $0.34, production 1,424 MMcfe/d (+25%), free cash flow $84M
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- Adjusted net income of $91M ($0.34/diluted); GAAP net loss $293M from $393M unrealized hedging loss.
- Production rose 25% to 1,424 MMcfe/day (98% natural gas); revenue $394M (+86% YoY).
- Free cash flow $84M; adjusted EBITDAX $309M (+109%); operating cash flow $255M.
- Capital spending $167M in Q3; 55 operated wells drilled YTD, 68 turned to sales.
- Partnered with MiQ to certify natural gas production as responsibly sourced by H1 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23194/000002319421000074/0000023194-21-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23194/000002319421000074/crk-20211102.htm
  HTML page:      https://secwatch.observer/filing/0000023194-21-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer