---
schema_version: "secwatch.filing_event.v1"
accession: "0000023194-23-000017"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:53:36.654365+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources Q1 2023 net income $134.5M ($0.49/share); adjusted EPS $0.33

## Summary
- Revenue (incl. hedging gains) of $390.4M; operating cash flow $254.9M ex. working capital.
- Adjusted EBITDAX of $293M; production cost $0.83/Mcfe; unhedged operating margin 72%.
- Drilled 18 (13.7 net) operated Haynesville wells; 19 (11.6 net) turned to sales in Q1.
- Campbell #2H well IP of 36 MMcf/day highlights Western Haynesville program.
- Quarterly dividend $0.125/share declared, payable June 15 to holders of record June 1.

## SEC filing metadata
- accession: 0000023194-23-000017
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000002319423000017/0000023194-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000002319423000017/crk-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023194-23-000017
- JSON: https://secwatch.observer/filing/0000023194-23-000017.json
- Plain text: https://secwatch.observer/filing/0000023194-23-000017.txt

## Key facts
- Earnings Releases
  COMSTOCK RESOURCES INC reported the quarter ended March 31, 2023 results: revenue $390.4 million, net income $134.5 million, EPS $0.49 per share.
  - Period: the quarter ended March 31, 2023
  - Revenue: $390.4 million
  - Net income: $134.5 million
  - EPS: $0.49 per share
  - Result: reported results
  source text: Comstock's revenues in the first quarter of 2023 totaled $390.4 million (including realized hedging gains of $10.4 million). Net cash provided by operating activities (excluding changes in working capital) generated in the first quarter of 2023 was $254.9 million, and net income available to common stockholders for the first quarter was $134.5 million or $0.49 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23194/000002319423000017/0000023194-23-000017-index.htm

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