secwatch.observer — SEC 8-K summary
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Issuer:     COMSTOCK RESOURCES INC (CRK)
CIK:        0000023194
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001193125-25-262606
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23194/000119312525262606/0001193125-25-262606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23194/000119312525262606/crk-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-262606

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