secwatch.observer — SEC 8-K summary
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Issuer:     COMSTOCK RESOURCES INC (CRK)
CIK:        0000023194
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0000023194-23-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comstock Resources Q2 net loss $45.7M; adjusted net income break-even
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- Natural gas & oil sales $285.2M (incl $55.5M hedging); net loss $45.7M ($0.17/sh).
- Operating cash flow $145.5M; Adjusted EBITDAX $182M; production cost $0.84/Mcfe.
- Drilled 21 (17.2 net) Haynesville wells; turned 17 (13.0 net) to sales; avg IP 21 MMcf/d.
- Western Haynesville Dinkins JG #1 reached 34 MMcf/d, McCullough Ingram A #1 at 35 MMcf/d.
- Quarterly dividend $0.125/sh declared, payable Sept 15 to holders of record Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23194/000002319423000025/0000023194-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23194/000002319423000025/crk-20230731.htm
  HTML page:      https://secwatch.observer/filing/0000023194-23-000025

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