Brief: Comstock Resources Q2 Adjusted EPS USD 0.13 Vs. IBES Estimate USD 0.09

Comstock Resources

30/07/2025 21:15

Overview

Comstock Resources Q2 adjusted EPS beats analyst expectations

Higher natural gas prices drive improved Q2 financial results

The US-based independent energy company turned five Western Haynesville wells to sales, boosting production

Result Drivers

HIGHER GAS PRICES - Increased natural gas prices drove improved financial results

WESTERN HAYNESVILLE WELLS - Five wells turned to sales with high initial production rates

HEDGING GAINS - Realized hedging gains contributed to increased sales revenue

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Oil & Gas Sales
$344 mln
Q2 Adjusted EPS
Beat
$0.13
$0.09 (14 Analysts)
Q2 Adjusted Net Income
$40 mln
Q2 Adjusted EBITDAX
$260 mln
Q2 Operating Cash Flow
$210 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 10 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy."

Wall Street's median 12-month price target for Comstock Resources Inc is $23.00, about 8.6% above its July 29 closing price of $21.03

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 26 three months ago

Press Release: ID:nGNX8JVKyc

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)