Comstock Resources Inc (CRK) Earnings Report, Financial Results, Financial analysis

Comstock Resources Inc reported II. Quarter net loss per share of $-0.29 compare to earnings per share of $0.20 in the same quarter a year ago a decrease from $0.15 eps realized in I. Quarter (Mar 31 2020).

*II. Quarter*
Earnings Per Share	Revenues
$ -0.29	$ 180 Mill
$-0.49	$+51M +40.13 %

Comstock Resources Inc 's Revenue rose by 40.13 % in II. Quarter (Jun 30 2020) year on year, to $180 million and declined by -20.52 % sequentially.

Comstock Resources Inc is Expected to report next financial results on November 06, 2020.

More on CRK's Income Statement

CRK's NET INCOME

Comstock Resources Inc 's in II. Quarter recorded net loss of $-60 million, compare to net income of $21 million achieved in II. Quarter a year ago.

Sequentially company realized net loss, compare to net income of $29.96 million in previous quarter.

More on CRK's Growth

In II. Quarter company's net cash and cash equivalents decreased by $-4 million, capital expenditures fell by 9.09%, to $-90 millions compare to same quarter a year ago and rose by -37.01% from I. Quarter (Mar 31 2020).

More on CRK's Cash flow Statement

Earnings quality

Comstock Resources Inc does not pay out common stock dividend.

In trailing twelve-month period Comstock Resources Inc earned $ 0.94 cash per share, on a free-cash flow basis .

Book value grew by 53.14 % sequentially to $6.31 per share.
Tangible Book value grew to $ 4.70 per share from $ 2.94.

Company repurchased 76.26 million shares or 26.74 % in II. Quarter.
Interest Coverage Ratio was 1.34. Debt Coverage Ratio was 0.11.

• More on CRK's Dividends

Market Capitalization (Millions)	1,258
Shares Outstanding (Millions)	209
Total Debt (Millions $)	2,502
Revenue (TTM) (Millions $)	919
Net Income (TTM) (Millions $)	9
Cash Flow (TTM) (Millions $)	-30
Capital Exp. (TTM) (Millions $)	-226
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	117

Earnings quality

• More on CRK's Balance Sheets

Market Capitalization (Millions)	1,258
Shares Outstanding (Millions)	209
Total Debt (Millions $)	2,502
Revenue (TTM) (Millions $)	919
Net Income (TTM) (Millions $)	9
Cash Flow (TTM) (Millions $)	-30
Capital Exp. (TTM) (Millions $)	-226
Dividend TTM ($)	0 $
Dividend Yield TTM (%)	-
Employees (TTM) $	117

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Comstock Resources Inc

CRK's Financial Statements and Analysis