---
schema_version: "secwatch.filing_event.v1"
accession: "0000023194-22-000020"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:39:42.028865+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources Q1 2022 adjusted EPS $0.51, revenue $408M, EBITDAX up 27%

## Summary
- Revenue of $408M (after hedging losses) up 23% YoY; adjusted EBITDAX $333M (+27%).
- GAAP net loss $115.7M ($0.50 loss/share) from $320.3M unrealized hedging loss; adjusted net income $135.8M ($0.51/share).
- Operating cash flow (ex-w/c) $296.5M ($1.07/diluted share); free cash flow $68M; debt reduction $85M.
- Haynesville drilling: 15 operated wells turned to sales, avg initial production 29 MMcf/d.
- Production cost $0.69/Mcfe; unhedged margin 85%, hedged 81%.

## SEC filing metadata
- accession: 0000023194-22-000020
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000002319422000020/0000023194-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000002319422000020/crk-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023194-22-000020
- JSON: https://secwatch.observer/filing/0000023194-22-000020.json
- Plain text: https://secwatch.observer/filing/0000023194-22-000020.txt

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