---
schema_version: "secwatch.filing_event.v1"
accession: "0000023194-23-000005"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:42:06.838400+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources reports Q4 2022 adjusted EPS $1.05; 2022 free cash flow $673M

## Summary
- Q4 natural gas and oil sales $557.9M (after $183.7M hedging losses); adjusted net income $287.7M ($1.05 diluted EPS).
- Full-year 2022 net cash from operations $1.7B; adjusted net income $1.0B ($3.73 diluted EPS).
- 2022 production averaged 1,445 MMcfe/d (up 7% YoY); 1.1 Tcfe drilling additions at $0.95/Mcfe finding cost.
- Declares Q1 dividend $0.125/share, payable March 15, 2023; resumed quarterly payout in December 2022.
- 2023 drilling budget $950M-$1.15B; releasing two of nine rigs due to low gas prices; plans 67 operated wells.

## SEC filing metadata
- accession: 0000023194-23-000005
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/23194/000002319423000005/0000023194-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000002319423000005/crk-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023194-23-000005
- JSON: https://secwatch.observer/filing/0000023194-23-000005.json
- Plain text: https://secwatch.observer/filing/0000023194-23-000005.txt

## Key facts
- Earnings Releases
  COMSTOCK RESOURCES INC reported financial results for the quarter and year ended December 31, 2022.
  - Period: the quarter and year ended December 31, 2022
  - Result: reported results
  source text: On February 14, 2023, Comstock Resources, Inc. ("Comstock" or the "Company") announced financial results for the quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23194/000002319423000005/0000023194-23-000005-index.htm

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