CRK COMSTOCK RESOURCES INC - 10-Q - (2025-11-04)

Comstock Resources (CRK) reported a significant financial turnaround for the nine months ended September 30, 2025, driven by surging commodity prices. Net Income reversed from a \(\\)163.4\( million loss in 9M 2024 to **\\)133.4 Million** in 9M 2025. Revenues increased 61% to $1.433 Billion, fueled by realized natural gas prices averaging $3.13/Mcfe (up 67%). Net Cash from Operations grew 91% to $675.4 Million, though natural gas production volumes decreased 16% year-over-year. Basic EPS was $0.46 (vs. \((\\)0.57)$ loss in 2024).

The company maintains strong liquidity of **$939

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