Comstock Resources (CRK) Tops Q1 EPS by 2c

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COMSTOCK RESOURCES, INC. REPORTS FIRST QUARTER 2022 FINANCIAL AND OPERATING RESULTS

May 3, 2022 4:15 PM EDT

FRISCO, TX, May 03, 2022 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the quarter ended March 31, 2022.

Highlights of 2022's First Quarter

Generated free cash flow from operations of $68 million in the quarter.Paid down $85 million of debt in the quarter.Adjusted EBITDAX increased 27% to $333 million.Operating cash flow (excluding working capital... More