Comstock Resources Q1 adjusted EPS $0.15, revenue $338.6M

COMSTOCK RESOURCES INC

2026-Q1 EPS reported $0.38 revenue$587,354,000

GAAP net income $112.5M ($0.38/diluted); adjusted net income $44.5M ($0.15/diluted).
Operating cash flow $191.9M ($0.66/share); adjusted EBITDAX $251M.
Production cost $0.93/Mcfe; unhedged margin 78%, hedged 73%.
Drilled 17 wells, turned 13 to sales in Q1; 16 wells since Feb, 6 Western Haynesville avg IP 30 MMcf/d.
Realized hedging losses $80.4M; $82.8M unrealized hedging gain included in GAAP net income.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMSTOCK RESOURCES INC reported the quarter ended March 31, 2026 results: revenue $338.6 million, net income $112.5 million, EPS $0.38 per diluted share.

Period: the quarter ended March 31, 2026
Revenue: $338.6 million
Net income: $112.5 million
EPS: $0.38 per diluted share
Result: reported results

Exact text from the filing

Comstock's natural gas and oil sales in the first quarter of 2026 were $338.6 million (including realized hedging losses of $80.4 million). Operating cash flow (excluding changes in working capital) generated in the first quarter of 2026 was $191.9 million, and net income for the first quarter was $112.5 million or $0.38 per diluted share.

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Source: SEC EDGAR

accession 0001193125-26-206524

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