---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-051308"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:21:13.804443+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources reports Q1 2024 net loss of $14.5M amid weak nat gas prices

## Summary
- Natural gas and oil sales (including hedging gains of $48M) totaled $336M.
- Adjusted net loss of $8.5M ($0.03 per share); GAAP net loss $14.5M ($0.05 per share).
- Operating cash flow of $182M; production cost averaged $0.76 per Mcfe.
- Added $100.5M liquidity via private placement equity offering to majority stockholder.
- Expanded Western Haynesville leasehold by 198K net acres to over 450K net acres.

## SEC filing metadata
- accession: 0000950170-24-051308
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000095017024051308/0000950170-24-051308-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000095017024051308/crk-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-051308
- JSON: https://secwatch.observer/filing/0000950170-24-051308.json
- Plain text: https://secwatch.observer/filing/0000950170-24-051308.txt

## Key facts
- Earnings Releases
  COMSTOCK RESOURCES INC reported the quarter ended March 31, 2024 results: revenue $336.0 million (including realized hedging gains of $48.0 million), net income net loss available to common stockholders...was $14.5 million, EPS $0.05 per share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $336.0 million (including realized hedging gains of $48.0 million)
  - Net income: net loss available to common stockholders...was $14.5 million
  - EPS: $0.05 per share
  - Result: reported results
  source text: of 2024 's First Quarter • Continued weak natural gas prices weighed heavily on the first quarter results. • Natural gas and oil sales, including realized hedging gains, were $336 million. • Operating cash flow was $182 million or $0.65 per diluted share. • Adjusted EBITDAX for the quarter was $230 million. • Adjusted net loss was $8.5 million for the quarter. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/23194/000095017024051308/0000950170-24-051308-index.htm

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