Operator · Haynesville Shale & Tuscaloosa Marine Shale (TMS)
Comstock Resources Inc.
80 articles mentioning Comstock Resources Inc. · Page 1 of 4
Comstock to Acquire Assets from Ovation Energy For $62.5 Million
Comstock Resources agreed to acquire substantially all of the assets of Ovation Energy, L.P. for $62.5 million, expanding its producing footprint across multiple U.S. natural gas basins. The acquisition is effective October 1, 2004, and includes...
Comstock Rides Higher Gas Prices, Operational Momentum in Q2 2025
Comstock Resources delivered a resilient second quarter, capitalizing on higher natural gas prices and solid well results across the Haynesville and Bossier plays. The company reported strong production metrics, disciplined cost control, and strategic midstream initiatives...
Comstock Delivers Strong Q1 2025 — Olajuwon Pickens #1 Steals the Spotlight
Comstock Resources entered 2025 with renewed momentum as it resumed completions and posted a solid financial and operational performance in the first quarter — but it was the Olajuwon Pickens #1 well in Freestone County, Texas...
Comstock Resources To Increase Haynesville Drilling Activity in 2025
As part of it's Q4 results. Comstock provided us with it's 2025 forecast. 2025 Outlook Increased Rig Activity: Raising rig count from 5 to 7, focusing on Western Haynesville Planned Capex: $1.0B–$1.1B for development/exploration $130M–$150M on...
E&P Company Slash 2024 Capex & Frac Crews by 50%
Comstock reported its 2024 plans today as part of the fourth quarter report. As a result of "weak natural gas prices", the program calls for 41% less capital, 29% less wells. As you can see from...
Comstock Resources, Inc. First Quarter 2023 Results
Comstock Resources, Inc. announced first quarter 2023 results. Highlights Generated operating cash flow of $255 million or $0.92 per diluted share. Adjusted net income to common stockholders for the quarter was $92 million or $0.33 per...
Top Haynesville E&P Cuts 2023 Drilling Program By 22%
Comstock provided an updated 2023 development program. As we continue to see from numerous operators, capex either mostly unchanged while wells online / drilling is being reduced. We see this more so with the gas operators....
Comstock Resources Third Quarter 2022 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended September 30, 2022. 3Q Highlights: Generated highest quarterly operating cash flow in the Company's history of $533 million or $1.92 per diluted share. Free...
Comstock Resources Second Quarter 2022 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended June 30, 2022. Highlights: Generated free cash flow from operations of $190 million in the quarter. Retired $271 million in senior notes and reduced...
Comstock Resources First Quarter 2022 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended March 31, 2022. Highlights: Generated free cash flow from operations of $68 million in the quarter. Paid down $85 million of debt in the...
Comstock Resources Outlines 2022 Plan; Spending, Production Up
Comstock Resources has detailed its 2022 guidance. 2022 Plans - Capex: $758-812 million - up 23% vs. 2021 D&C: $750-800 million Leasehold, Land: $8-12 million - Rigs Running: 5-7 - Well Plans: Drill 67 gross (52.1...
Comstock Resources Fourth Quarter, Full Year 2021 Results
Comstock Resources, Inc. reported financial and operating results for the quarter and year ended December 31, 2021. Highlights: Generated free cash flow from operations of $105 million in the quarter and $262 million for the year....
Comstock Resources Third Quarter 2021 Results
Comstock Resources, Inc. reported its Q3 2021 results. Highlights: Free cash flow of $84 million was generated in the quarter. Adjusted net income to common stockholders was $91 million for the quarter or $0.34 per diluted...
Comstock Resources Second Quarter 2021 Results
Comstock Resources Inc. reported its Q2 2021 results. Highlights: Adjusted net income to common stockholders was $55 million for the quarter or $0.22 per diluted share. Production averaged 1,387 MMcfe per day, comprised of 98% natural...
Comstock Promotes Claunch to VP of Financial Reporting
Comstock Resources Inc. has promoted Brian Claunch to serve as Vice President of Financial Reporting. About Claunch Mr. Claunch joined Comstock as Director of Financial Reporting in June 2020. Prior to joining Comstock, Mr. Claunch served...
Comstock Resources First Quarter 2021 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended March 31, 2021. Highlights: Adjusted net income to common stockholders was $63 million for the quarter or $0.25 per diluted share. Production averaged 1,281...
Comstock's 2021 Budget Up Slightly YOY; Q4/Full Year 2020 Results
Comstock Resources, Inc. reported financial and operating results for the quarter and year ended December 31, 2020. 2021 Drilling Budget - Capex: $517-560 million - up 9% vs. 2020 levels of $492MM D&C: $510-550 million -...
Haynesville Operator to Ramp Drilling & Completions in 2021
Comstock Resources provided an update on its 3rd quarter results, but the most interesting bit relates to the new 2021 budget the company provided. As you can see from the table below, the company's plan includes...
Comstock Resources Second Quarter 2020 Results
Comstock Resources, Inc. reported its Q2 2020 results. Financial Results For the second quarter of 2020, Comstock reported net loss available to common stockholders of $60.0 million or $0.29 per share. The loss was primarily related...
Comstock Resources First Quarter 2020 Results
Comstock Resources, Inc. reported its Q1 2020 results. Financial Results For the first quarter of 2020, Comstock reported net income available to common stockholders of $30.0 million or $0.15 per diluted share. Net income available to...