secwatch.observer — SEC 8-K summary
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Issuer:     COMSTOCK RESOURCES INC (CRK)
CIK:        0000023194
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000023194-23-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23194/000002319423000017/0000023194-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23194/000002319423000017/crk-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000023194-23-000017

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