The earnings call presented a balanced view of Comstock's performance with significant achievements in expanding and innovating within their Western Haynesville operations, alongside financial improvements. However, there are challenges with production declines, higher drilling costs in some areas, and delays in well turn-ins.

Company Guidance

During Comstock Resources' second quarter 2025 earnings call, the company provided comprehensive guidance that included several key metrics. Comstock's Western Haynesville footprint has expanded to nearly 525,000 net acres, with 29 wells drilled and 24 currently producing. In the second quarter, the company turned five new Western Haynesville wells to sales, achieving an all-in cost of $2,647 per completed lateral foot, significantly lower than in previous years. Production averaged 1.23 Bcfe per day, a 14% decline from the previous year due to reduced rig activity. Despite this, improved natural gas prices led to a 24% increase in oil and gas sales, totaling $344 million, and generated $210 million in operating cash flow. Comstock reported an adjusted net income of $40 million, or $0.13 per share. The company is also working with NextEra Energy to explore gas-fired power generation assets near Western Haynesville, aiming to support potential data center developments. With a strong financial position, Comstock plans further drilling in both the Western and Legacy Haynesville areas, expecting to turn a total of 45 wells to sales by year-end 2025.

Growth in Western Haynesville

Comstock has expanded its Western Haynesville footprint to nearly 525,000 net acres and has drilled 29 wells, with 24 currently producing. The Western Haynesville wells were drilled at a lower cost of $2,647 per completed lateral foot compared to previous years.

Financial Improvement

Natural gas and oil sales increased by 24% to $344 million in Q2 2025. The company reported $210 million in operating cash flow and an adjusted net income of $40 million, showing a positive turnaround from a loss in the previous year.

Strategic Collaboration with NextEra

Comstock is collaborating with NextEra Energy to explore the development of gas-fired power generation assets near the Western Haynesville area, which is considered ideal for data center development.

Successful Drilling Innovations

The company has introduced the horseshoe lateral concept, realizing a 35% savings in drilling costs. Comstock plans to drill 9 horseshoe wells in 2025 and 10 in 2026.

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
Nov 04, 2025	2025 (Q3)	0.10 / -	-0.17	―	―	―
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)
Jul 31, 2023	2023 (Q2)	0.05 / >-0.01	1	-100.10% (-1.00)

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
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%
Oct 30, 2024	$12.43	$11.56	-7.00%

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 Nov 04, 2025, Before Open (Confirmed).

What is Comstock Resources (CRK) earnings time?

Comstock Resources (CRK) earnings time is at Nov 04, 2025, 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 (Q3) is 0.11.

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