Comstock Resources reported Q3 2025 net income of $118 million with improved margins due to rising gas prices and continued focus on operational efficiency.

Comstock Resources experienced a significant improvement in its financial performance during the second quarter of 2025, primarily due to higher natural gas prices. The company reported a net income of $130.7 million and adjusted net income of $40.0 million, with total revenues reaching $470.3 million. Operating cash flow was strong at $209.6 million, and the company continued its drilling activities, turning 13 operated wells to sales.

Comstock Resources reported improved financial results for the first quarter of 2025, primarily driven by higher natural gas prices. The company achieved total natural gas and oil sales of $405 million and generated $239 million in operating cash flow. Despite a net loss due to unrealized hedging losses, adjusted net income was positive at $53.8 million. Comstock also resumed completion activity and successfully extended its Western Haynesville acreage with a promising step-out well.

Comstock Resources reported a net loss of $55.3 million for Q4 2024, with total revenues of $366.5 million. The company's production costs per Mcfe averaged $0.72, and it achieved an adjusted EBITDAX of $252.2 million.

Comstock Resources reported a net loss of $25.7 million for Q3 2024, impacted by weak natural gas prices. However, the company saw a 2% increase in production and made progress in its Western Haynesville exploratory play.

Comstock Resources reported a net loss of $123.2 million for Q2 2024, influenced by weak natural gas prices and an $85.8 million unrealized loss on hedging contracts. Despite these challenges, the company saw a 4% increase in production compared to Q2 2023 and generated $118.1 million in operating cash flow.

Comstock Resources reported natural gas and oil sales of $336 million, operating cash flow of $182 million, and an adjusted net loss of $8.5 million for the first quarter of 2024. The company also added 198,000 net acres to Western Haynesville and saw solid results from its Haynesville shale drilling program.

Comstock Resources reported natural gas and oil sales of $354 million, including realized hedging gains, and an adjusted EBITDAX of $244 million for Q4 2023. The company's net income available to common stockholders was $108.4 million, or $0.39 per share.

Comstock Resources reported natural gas and oil sales of $316 million, operating cash flow of $167 million, and adjusted net income of $11.7 million for the third quarter of 2023. The company continued to see solid results from its Haynesville shale drilling program.

Comstock Resources reported natural gas and oil sales of $285 million, including hedging gains. Operating cash flow was $145 million, but the company experienced a net loss of $45.7 million, though adjusted net income was near break even.

Comstock Resources reported strong financial results for Q1 2023, including operating cash flow of $255 million, adjusted net income of $92 million, and oil and gas sales of $390 million.