The earnings call reflected a positive outlook with strong sales growth, record LNG exports, and significant expansion in Western Haynesville. However, challenges such as lower realized gas prices, increased completion costs in some areas, and a high leverage ratio were noted. The overall sentiment leans positive due to the strategic advancements and financial resilience demonstrated.

Company Guidance

During the Q3 2025 Comstock Resources earnings call, the company provided significant guidance on its operations and financial outlook. The company highlighted its strategic focus on the Western Haynesville, where it turned three new wells online with an average lateral length of 8,566 feet and an initial production rate of 32 million cubic feet per day. Comstock also reported drilling and completion costs in the legacy Haynesville area averaging $1,229 per lateral foot, which is industry-leading. Financial highlights included a 10% increase in oil and gas sales from the previous year to $335 million, $190 million in operating cash flow, and an adjusted EBITDAX of $249 million. Additionally, the company announced the divestiture of its Shelby Trough assets for $430 million, expected to close in December, which will improve the leverage ratio and enhance liquidity. Comstock plans to enhance its Western Haynesville operations by running four rigs, with expectations to drill 19 wells and turn 13 wells to sales in 2025, while maintaining strong financial liquidity exceeding $900 million.

Record LNG Exports

LNG exports reached a record high of 18.7 Bcf, boosting demand for natural gas.

Increased Natural Gas and Oil Sales

Natural gas and oil sales grew to $335 million, reflecting a 10% increase from the same period last year.

Strong Financial Liquidity

The company reported a liquidity of more than $900 million, which will be further enhanced by the Shelby Trough divestiture expected to close in December.

Western Haynesville Expansion

Comstock has expanded its Western Haynesville footprint to over 530,000 net acres with a significant inventory of 2,559 net drilling locations.

Operational Efficiency in Legacy Haynesville

Drilling and completion costs in legacy Haynesville averaged $1,229 per lateral foot, maintaining industry-leading efficiency.

Comstock Resources (CRK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CRK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 17, 2026	2025 (Q4)	0.12 / -	0.16	―	―	―
Nov 03, 2025	2025 (Q3)	0.05 / 0.09	-0.17	152.94% (+0.26)
Jul 30, 2025	2025 (Q2)	0.09 / 0.13	-0.2	165.00% (+0.33)
Apr 30, 2025	2025 (Q1)	0.16 / 0.18	-0.03	700.00% (+0.21)
Feb 18, 2025	2024 (Q4)	0.02 / 0.16	0.1	60.00% (+0.06)
Oct 30, 2024	2024 (Q3)	-0.16 / -0.17	0.04	-525.00% (-0.21)
Jul 30, 2024	2024 (Q2)	-0.16 / -0.20	-0.001	-19900.00% (-0.20)
May 01, 2024	2024 (Q1)	-0.06 / -0.03	0.33	-109.09% (-0.36)
Feb 13, 2024	2023 (Q4)	0.12 / 0.10	1.05	-90.48% (-0.95)
Oct 30, 2023	2023 (Q3)	0.05 / 0.04	1.18	-96.61% (-1.14)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CRK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 03, 2025	$19.23	$20.05	+4.26%
Jul 30, 2025	$20.79	$17.87	-14.05%
Apr 30, 2025	$18.27	$18.87	+3.28%
Feb 18, 2025	$18.94	$20.81	+9.87%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Comstock Resources (CRK) report earnings?

Comstock Resources (CRK) is schdueled to report earning on Feb 17, 2026, Before Open (Confirmed).

What is Comstock Resources (CRK) earnings time?

Comstock Resources (CRK) earnings time is at Feb 17, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CRK EPS forecast?

CRK EPS forecast for the fiscal quarter 2025 (Q4) is 0.12.

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