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Comstock Resources CRK Advance Payments For Receipts From Drilling Costs

Advance Payments For Receipts From Drilling Costs at other companies

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Other financials

Income statement

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Revenue$587.4M+14.5%
Operating income$174.9M+38.6%
Net income$107.5M+189%
EPS (diluted)$0.38+195%

Balance sheet

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Cash & equivalents$14.8M-55.0%
Total debt$3.0B-3.7%
Total equity$2.8B+30.0%
Total assets$7.2B+9.7%

Cash flow

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Operating cash flow$272.0M+55.6%
CapEx$415.8M+39.5%
Free cash flow-$143.8M-16.7%

Valuation

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Market cap$3.85B+4.0%
Enterprise value$6.86B+1.6%
P/E6.2×
P/S1.7×-0.9×

Profitability

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Operating margin30.3%+28.4pp
Net margin27.2%+18.6pp
FCF margin-20.6%-4.7pp

Returns & leverage

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Return on equity25.6%+18.8pp
Debt / equity1.1×-0.4×
Current ratio0.4×0.0×

Where this comes from

Reported directly by Comstock Resources in its filing.

Tagged under the XBRL concept crk:AdvancePaymentsForReceiptsFromDrillingCosts.

The official record: Comstock Resources’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Comstock Resources's advance payments for receipts from drilling costs?
Comstock Resources (CRK) reported advance payments for receipts from drilling costs of -$10.86M in Q1 2026.
How has Comstock Resources's advance payments for receipts from drilling costs changed year-over-year?
Comstock Resources's advance payments for receipts from drilling costs decreased by 4138.7% year-over-year, from $269K to -$10.86M.
What is the long-term trend for Comstock Resources's advance payments for receipts from drilling costs?
Over 3 years (2021 to 2025), Comstock Resources's advance payments for receipts from drilling costs has grown at a 238.7% compound annual growth rate (CAGR), from $140K to -$5.44M.
What does advance payments for receipts from drilling costs mean?
This represents cash outflows or inflows associated with prepayments or reimbursements for drilling and exploration services provided by third-party contractors. It reflects the company's capital expenditure timing and working capital management regarding field development activities. Changes in this metric can indicate shifts in the pace of drilling programs or changes in vendor payment terms.