---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-262606"
form_type: "8-K"
ticker: "CRK"
cik: "0000023194"
company_name: "COMSTOCK RESOURCES INC"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:58:33.600314+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Comstock Resources Q3 net income $118M, adjusted EPS $0.09; $430M Shelby Trough sale

## Summary
- Q3 net income $118.1M ($0.40 diluted); adjusted net income $27.9M ($0.09 diluted).
- Natural gas and oil sales $335M (incl. $26.4M hedging gains); production 112 Bcf at $2.99/Mcf hedged.
- Operating cash flow $190.4M; unhedged operating margin 72%, hedged 74%.
- Divested Cotton Valley wells for $15M; agreed to sell Shelby Trough assets for $430M cash, close expected Dec 2025.
- Three Western Haynesville wells turned to sales averaging 32 MMcf/d; 28 Legacy Haynesville wells averaged 25 MMcf/d.

## SEC filing metadata
- accession: 0001193125-25-262606
- form_type: 8-K
- ticker: CRK
- cik: 0000023194
- company_name: COMSTOCK RESOURCES INC
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23194/000119312525262606/0001193125-25-262606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23194/000119312525262606/crk-20251103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-262606
- JSON: https://secwatch.observer/filing/0001193125-25-262606.json
- Plain text: https://secwatch.observer/filing/0001193125-25-262606.txt

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