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Comstock Resources Q2 FY26 profit falls 93% to USD 8.77 million; revenue drops 25% to USD 353.28 million
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Comstock Resources Q2 FY26 profit falls 93% to USD 8.77 million; revenue drops 25% to USD 353.28 million
  • Comstock Resources posted net income of USD 15 million, down from USD 130.73 million a year earlier, while operating income fell to USD 22.58 million.
  • Natural gas and oil sales slid 15% to USD 288.22 million, while average realized price dropped to USD 2.55 per Mcfe from USD 3.03 per Mcfe.
  • Production edged up 1% to 113 Bcfe, while total production costs eased to USD 0.77 per Mcfe from USD 0.8 per Mcfe.
  • Adjusted EBITDAX declined to USD 244.81 million from USD 259.74 million, while operating cash flow before working-capital changes fell to USD 188.51 million.
  • Sold a 27% noncontrolling equity interest in Pinnacle Gas Services for USD 600 million, using proceeds to retire Pinnacle preferred equity and debt.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Comstock Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291615PRIMZONEFULLFEED9800388) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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