- Comstock Resources press release ( NYSE: CRK ): Q2 Non-GAAP EPS of $1.00 beats by $0.05 .
- Revenue of $946.25M (+175.3% Y/Y) beats by $318.45M .
- Generated free cash flow from operations of $190 million in the quarter.
- Retired $271 million in senior notes and reduced annualized leverage ratio to 1.2x.
- Adjusted EBITDAX increased 105% to $515 million.
- Operating cash flow increased 133% to $458 million or $1.65 per diluted share.
- Oil and gas sales, after realized hedging losses, were $604 million, 86% higher than 2021's second quarter.
- Strong results from Haynesville drilling program with 16 operated wells turned to sales with an average initial production of 26 MMcf per day.
- Shares +1.21% .
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Comstock Resources Non-GAAP EPS of $1.00 beats by $0.05, revenue of $946.25M beats by $318.45M