---
title: "COMSTOCK RESOURCES INC 1Q 2026: Revenue $587.4M, EPS $0.38— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285421255.md"
description: "COMSTOCK RESOURCES INC reported Q1 2026 results with revenue of $587.4M and net income of $107.45M, a significant recovery from a loss in Q1 2025. Diluted EPS was $0.38, compared to $(0.40) a year ago. Natural gas and oil sales rose to $419.0M, while gas services revenue surged 67% to $166.5M. Capital spending was $405M, with plans for an additional $1.1–1.2B for the rest of 2026. Operational activities included drilling 17 wells and completing 13 Haynesville/Bossier wells. G&A expenses increased due to higher compensation costs."
datetime: "2026-05-06T18:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285421255.md)
  - [en](https://longbridge.com/en/news/285421255.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285421255.md)
---

# COMSTOCK RESOURCES INC 1Q 2026: Revenue $587.4M, EPS $0.38— 10-Q Summary

COMSTOCK RESOURCES INC reported first-quarter 2026 results with revenue of $587.4M and net income of $107.45M attributable to the company, a turnaround from a loss in the year-ago quarter; diluted EPS was $0.38.

**Financial Highlights**

-   Revenue was $587.4M for Q1 2026, compared with $512.9M in Q1 2025; YoY change 14.5%.
-   Net income attributable to the Company was $107.45M for Q1 2026, compared with $(121.28M) in Q1 2025; turnaround to profit.
-   Diluted earnings per share was $0.38 for Q1 2026, compared with $(0.40) in Q1 2025.

**Business Highlights**

-   Natural gas and oil sales rose to $419.0M, up 1% year over year, driven by a 19% higher realized gas price despite 15% lower gas production.
-   Gas services revenue jumped 67% to $166.5M as the company increased third-party gas purchases to utilize excess transport capacity.
-   Operational activity in the quarter included drilling 17 (15.3 net) wells and completing 13 (11.7 net) Haynesville/Bossier wells; DD&A per Mcfe remained stable.
-   Capital spending was $405M in Q1 (cash capex $405M) with an additional $1.1–1.2B planned for the remainder of 2026 for drilling, completions and midstream buildout.
-   Lease operating expense and gathering costs declined with lower production; G&A increased due to higher employee and stock-based compensation.

Original SEC Filing: COMSTOCK RESOURCES INC \[ CRK \] - 10-Q - May. 06, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [CRK.US](https://longbridge.com/en/quote/CRK.US.md)
- [IEO.US](https://longbridge.com/en/quote/IEO.US.md)
- [XES.US](https://longbridge.com/en/quote/XES.US.md)
- [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md)
- [XOP.US](https://longbridge.com/en/quote/XOP.US.md)
- [OIH.US](https://longbridge.com/en/quote/OIH.US.md)
- [IXC.US](https://longbridge.com/en/quote/IXC.US.md)
- [XLE.US](https://longbridge.com/en/quote/XLE.US.md)

## Related News & Research

- [Greenland Energy updates investor deck, cites up to 13.0B bbl prospective resource; OPW‑1/OPW‑6 targeted in 2026](https://longbridge.com/en/news/286753003.md)
- [EOG Resources Signals Record Cash in 2026 Call](https://longbridge.com/en/news/286988066.md)
- [GMG's THERMAL-XR(R) to be Applied Exclusively & Distributed to Global Oil and Gas/LNG Industry with Curran International](https://longbridge.com/en/news/286918205.md)
- [Transocean Equinor Extension Supports Backlog Visibility And Earnings Narrative](https://longbridge.com/en/news/286629150.md)
- [Canada's Birchcliff Q1 production up, adjusted funds flow rises on higher realized prices](https://longbridge.com/en/news/286309788.md)