---
schema_version: "secwatch.filing_event.v1"
accession: "0000023194-22-000006"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2022-02-15T23:59:59+00:00"
generated_at: "2026-06-27T08:07:55.533560+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources reports Q4 2021 adjusted EPS $0.37, production up 12% YoY

## Summary
- Q4 2021 adjusted net income $98.8M ($0.37 diluted); GAAP net income $356M ($1.30) due to $469.8M unrealized hedging gain.
- Generated $105M free cash flow in Q4; paid down $190M of debt during the quarter.
- Q4 production averaged 1,348 MMcfe/d (99% natural gas), up 12% YoY.
- Full-year 2021 revenues $1.4B (incl. $419.9M hedging losses); adjusted net income $303M ($1.16 diluted).
- 2022 drilling budget $750-800M; plans to drill 67 (52.1 net) operated horizontal wells using 5-7 rigs.

## SEC filing metadata
- accession: 0000023194-22-000006
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2022-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000002319422000006/0000023194-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000002319422000006/crk-20220215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023194-22-000006
- JSON: https://secwatch.observer/filing/0000023194-22-000006.json
- Plain text: https://secwatch.observer/filing/0000023194-22-000006.txt

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