---
schema_version: "secwatch.filing_event.v1"
accession: "0000023194-22-000037"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T19:34:13.829998+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comstock reports record Q3 operating cash flow of $533M, reinstates quarterly dividend

## Summary
- Operating cash flow of $533M ($1.92/diluted share); free cash flow $286M.
- Adjusted net income $326M ($1.18/diluted share); oil & gas sales $692M, up 76% YoY.
- Retired $250M of debt; leverage reduced to under 1x.
- Board reinstates quarterly dividend at $0.125/share ($0.50 annual), payable Dec 15 to holders of record Dec 1.
- 17 operated Haynesville wells turned to sales with average initial production of 29 MMcf/d.

## SEC filing metadata
- accession: 0000023194-22-000037
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2022-11-01T23:59:59+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/23194/000002319422000037/0000023194-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000002319422000037/crk-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023194-22-000037
- JSON: https://secwatch.observer/filing/0000023194-22-000037.json
- Plain text: https://secwatch.observer/filing/0000023194-22-000037.txt

## Key facts
- Earnings Releases
  COMSTOCK RESOURCES INC reported the nine months ended September 30, 2022 results: revenue $1.7 billion, net income $608.0 million, EPS $2.24 per share.
  - Period: the nine months ended September 30, 2022
  - Revenue: $1.7 billion
  - Net income: $608.0 million
  - EPS: $2.24 per share
  - Result: reported results
  source text: Revenues for the nine months ended September 30, 2022 totaled $1.7 billion (after realized hedging losses of $679.0 million). Net cash provided by operating activities (excluding changes in working capital) generated during the first nine months of 2022 was $1.3 billion, and income available to common stockholders was $608.0 million or $2.24 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23194/000002319422000037/0000023194-22-000037-index.htm
- Earnings Releases
  COMSTOCK RESOURCES INC reported the quarter ended September 30, 2022 results: revenue $692.4 million, net income $351.2 million, EPS $1.28 per share.
  - Period: the quarter ended September 30, 2022
  - Revenue: $692.4 million
  - Net income: $351.2 million
  - EPS: $1.28 per share
  - Result: reported results
  source text: Comstock's revenues in the third quarter of 2022 totaled $692.4 million (after realized hedging losses of $304.5 million). Net cash provided by operating activities (excluding changes in working capital) generated in the third quarter was $532.9 million, and net income available to common stockholders for the third quarter of 2022 was $351.2 million or $1.28 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23194/000002319422000037/0000023194-22-000037-index.htm

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