---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061086"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:48:12.574149+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources Q1: Net loss $115.4M on $322.4M hedging loss; adj. net income $53.8M

## Summary
- Sales $405M (incl. $8M hedging loss). Net loss $115.4M ($0.40/sh) due to $322.4M unrealized hedging loss.
- Adjusted net income $53.8M ($0.18/diluted sh). Adj. EBITDAX $293M. Operating cash flow $239M.
- Natural gas production 115 Bcf; realized price $3.58/Mcf ($3.52 after hedging).
- Turned 14 (11.3 net) wells to sales avg 25 MMcf/d. Western Haynesville well Olajuwon Pickens #1: 41 MMcf/d.
- Bank group reaffirmed $2.0B borrowing base under $1.5B revolver.

## SEC filing metadata
- accession: 0000950170-25-061086
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000095017025061086/0000950170-25-061086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000095017025061086/crk-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061086
- JSON: https://secwatch.observer/filing/0000950170-25-061086.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061086.txt

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