Comstock Resources Q3 production up 9%, but earnings miss estimates
CRK Comstock Resources Inc
$13.77 +2.68%
View chart & analysis → - 1Comstock Resources reported adjusted net income per share of $0.02 for Q3 2026, falling below the analyst estimate of $0.03 per share for Q3 2026.
- 2Q3 production increased 9% year-over-year to 122.4 billion cubic feet (Bcf) due to drilling activities in the Haynesville shale region.
- 3The company announced an agreement to sell non-operated interests in parts of its Haynesville assets to SOCAR for $1.65 billion.
So what's the key point?
Comstock Resources produced more gas but earned less money than experts expected. The company decided to sell part of its assets for $1.65 billion.
Source Nasdaq +3 · View original ↗
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