On this page of StockholderLetter.com we present the latest annual shareholder letter from COMSTOCK RESOURCES INC — ticker symbol CRK. Reading current and past CRK letters to shareholders can bring important insights into the investment thesis.
2025 ANNUAL REPORT
LEGACY HAYNESVILLE
(347,278 GROSS / 267,289 NET)
WESTERN HAYNESVILLE
(722,713 GROSS / 535,480 NET)
TEXAS
LOUISIANA
TO
O OUR
OUR STOCKHOLDERS:
STO
OCKHOLDERS:
STRONG
S
TRONG DRILLING
DRILLING RESULTS
RESULTS
LT
TS AND
AND RESERVE
RESER
RVE GROWTH
GRO
OW H
OWT
2025
20
025 DIVESTITURES
DIVESTITURES IMPROVED
IMPR
PRO
OVED BALANCE
BALA
ANCE SHEET
SHEET

DELIVERED
D
ELIVERED SHAREHOLDER
SHAREHOLDER RETURN
RETURN
DATA
D
DA
DAT
ATA
A
TA
AC
CENTER
ENTER P
PA
PARTNERSHIP
ARTNERSHIP
FINANCIAL
F
INANCIAL R
RESULTS
ESULTS
LT
TS
IINDUSTRY
NDUSTR
RY LEADING
LEADING LOW
LO
OW COST
O
COST S
STRUCTURE
TRUCTURE
 • shareholder letter icon 4/22/2026 Letter Continued (Full PDF)
 • stockholder letter icon 4/24/2023 CRK Stockholder Letter
 • stockholder letter icon 4/29/2024 CRK Stockholder Letter
 • stockholder letter icon 4/22/2025 CRK Stockholder Letter
 • stockholder letter icon More "Oil & Gas Exploration & Production" Category Stockholder Letters
 • Benford's Law Stocks icon CRK Benford's Law Stock Score = 88


CRK Shareholder/Stockholder Letter Transcript:

2025 ANNUAL REPORT

LEGACY HAYNESVILLE
(347,278 GROSS / 267,289 NET)
WESTERN HAYNESVILLE
(722,713 GROSS / 535,480 NET)
TEXAS
LOUISIANA

TO
O OUR
OUR STOCKHOLDERS:
STO
OCKHOLDERS:
STRONG
S
TRONG DRILLING
DRILLING RESULTS
RESULTS
LT
TS AND
AND RESERVE
RESER
RVE GROWTH
GRO
OW H
OWT
2025
20
025 DIVESTITURES
DIVESTITURES IMPROVED
IMPR
PRO
OVED BALANCE
BALA
ANCE SHEET
SHEET


DELIVERED
D
ELIVERED SHAREHOLDER
SHAREHOLDER RETURN
RETURN
DATA
D
DA
DAT
ATA
A
TA
AC
CENTER
ENTER P
PA
PARTNERSHIP
ARTNERSHIP
FINANCIAL
F
INANCIAL R
RESULTS
ESULTS
LT
TS
IINDUSTRY
NDUSTR
RY LEADING
LEADING LOW
LO
OW COST
O
COST S
STRUCTURE
TRUCTURE



shareholder letter icon 4/22/2026 Letter Continued (Full PDF)
 

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