FRISCO, Texas (AP) — FRISCO, Texas (AP) — Comstock Resources Inc. (CRK) on Wednesday reported a loss of $16.3 million in its first quarter.
The Frisco, Texas-based company said it had a loss of 5 cents per share. Losses, adjusted for non-recurring costs, were 3 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The oil and gas company posted revenue of $335.8 million in the period.
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