secwatch.observer — SEC 8-K summary
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Issuer:     COMSTOCK RESOURCES INC (CRK)
CIK:        0000023194
Form:       8-K
Filed at:   2026-07-29T20:17:53+00:00
Accession:  0001193125-26-323767
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comstock Q2 production up 16% QoQ; net income $0.03/sh; sells Pinnacle stake for $600M
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- Q2 production 113.1 Bcfe (+16% QoQ, +1% YoY); natural gas & oil sales $332M incl. $43.3M hedging gains.
- Net income available to company $8.8M ($0.03/diluted); adjusted net income $8.3M ($0.03); adjusted EBITDAX $245M.
- Sold 27% noncontrolling interest in Pinnacle Gas Services for $600M; proceeds used to retire Pinnacle preferred equity and debt.
- Turned 16 operated wells to sales; five Western Haynesville wells averaged 33 MMcf/d IP.
- Production cost $0.77/Mcfe; unhedged operating margin 70% (74% hedged).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23194/000119312526323767/0001193125-26-323767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23194/000119312526323767/crk-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-323767

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