The earnings call presents a mixed picture with significant achievements in financial performance, cost efficiency, and strategic partnerships. However, challenges such as production decline, increased drilling costs, and reduced TILs in Western Haynesville indicate operational hurdles that might impact future growth.

Company Guidance -

Q3 2025

During the Comstock Resources Second Quarter 2025 Earnings Call, the company provided detailed guidance on its operations and financial performance. Comstock's Western Haynesville footprint has expanded to nearly 525,000 net acres, with 29 wells drilled and 24 currently producing. The company highlighted the operational efficiency improvements in drilling, with costs reduced to $2,647 per completed lateral foot. Comstock's second quarter production averaged 1.23 Bcfe per day, with oil and gas sales amounting to $344 million, a 24% increase despite a 14% production decline from the previous year. Adjusted net income for the quarter was reported at $40 million or $0.13 per share. The company maintained its focus on balancing its asset development between the Western and Legacy Haynesville areas, with a plan to divest certain noncore properties to accelerate deleveraging. Financial liquidity was strong, with approximately $1.1 billion available. The guidance also indicated a continued commitment to optimizing well completions and leveraging strategic partnerships, such as the collaboration with NextEra Energy, to explore natural gas power generation opportunities near Dallas.

Strong Financial Performance

Natural gas and oil sales grew to $344 million, a 24% increase from the second quarter of 2024, driven by improved natural gas prices. The company generated $210 million of operating cash flow, up from a loss in the second quarter of 2024.

Western Haynesville Development

Comstock Resources expanded its Western Haynesville footprint to nearly 525,000 net acres, turning 5 new wells to sales, including some of the best wells they have ever drilled.

Cost Efficiency in Drilling

Second quarter wells in Western Haynesville were drilled and completed at an all-in cost of $2,647 per completed lateral foot, substantially less than previous years.

Partnership with NextEra Energy

Comstock is exploring the development of gas-fired power generation assets with NextEra Energy, aiming to power potential data center customers near Western Haynesville.

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)	0.14 / -	-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 0.14.

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