Earnings ·
Comstock Resources reported second quarter 2026 financial results on July 29, 2026
CRKComstock Resources Inc
Comstock Resources reported second quarter 2026 financial results on July 29, 2026. The company sold a 27% noncontrolling equity interest in Pinnacle Gas Services for $600 million, using proceeds to retire all preferred equity and outstanding indebtedness of the subsidiary. Production increased 16% sequentially to 113.1 Bcfe, with natural gas and oil sales reaching $332 million including hedging gains. Operating cash flow was $170 million, while net income available to the Company was $9 million ($0.03 per share). Comstock is an independent natural gas producer focused on the Haynesville shale in North Louisiana and East Texas.