COMSTOCK RESOURCES, INC. REPORTS THIRD QUARTER 2026 FINANCIAL AND OPERATING RESULTS
Key Highlights
- ➤Production reached 122.4 Bcfe, up 9% year over year and 8% sequentially
- ➤Natural gas and oil sales reached $359.3 million, including $39.5 million hedging gains
- ➤Adjusted net income was $5.9 million, or $0.02 per diluted share
- ➤SOCAR agreed to pay $1.65 billion for non-operated Haynesville and Pinnacle interests
- ➤Bank facility maturity extends to November 15, 2031 after SOCAR closing and debt retirement
FRISCO, TX, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE; NYSE Texas: CRK) today reported financial and operating results for the quarter ended September 30, 2026.
Highlights of 2026's Third Quarter * Production grew 9% from the third quarter of 2025 and was 8% higher than the second quarter of 2026 driven by our drilling program. * Sixteen Legacy Haynesville wells were turned to sales with an average lateral length of 10,812 feet and an average per well initial production rate of 25 MMcf per day. Six of these wells were horseshoe wells. * Six Western Haynesville wells were turned to sales in the third quarter with an average lateral length of 9,829 feet and an average per well initial production rate of 33 MMcf per day.
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