2021 Q2 Form 10-Q Financial Statement

#000002319421000067 Filed on August 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $343.7M $179.5M
YoY Change 91.44% 40.13%
Cost Of Revenue $67.70M $63.80M
YoY Change 6.11% 107.14%
Gross Profit $276.0M $115.8M
YoY Change 138.34% 19.01%
Gross Profit Margin 80.3% 64.5%
Selling, General & Admin $8.062M $8.500M
YoY Change -5.15% 25.0%
% of Gross Profit 2.92% 7.34%
Research & Development $0.00 $0.00
YoY Change
% of Gross Profit 0.0% 0.0%
Depreciation & Amortization $121.4M $103.3M
YoY Change 17.51% 120.61%
% of Gross Profit 44.0% 89.25%
Operating Expenses $197.2M $175.6M
YoY Change 12.28% 107.85%
Operating Profit $146.5M $3.911M
YoY Change 3645.74% -91.03%
Interest Expense $56.88M $52.06M
YoY Change 9.25% 82.25%
% of Operating Profit 38.83% 1331.22%
Other Income/Expense, Net -$394.4M -$65.23M
YoY Change 504.56% 331.66%
Pretax Income -$247.9M -$61.32M
YoY Change 304.22% -315.09%
Income Tax -$68.18M -$11.45M
% Of Pretax Income
Net Earnings -$179.7M -$49.88M
YoY Change 260.28% -332.99%
Net Earnings / Revenue -52.28% -27.78%
Basic Earnings Per Share -$0.80 -$0.29
Diluted Earnings Per Share -$0.80 -$0.29
COMMON SHARES
Basic Shares Outstanding 231.4M shares 208.9M shares
Diluted Shares Outstanding 231.4M shares 208.9M shares

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.73M $11.60M
YoY Change 70.06% -75.16%
Cash & Equivalents $19.73M $11.60M
Short-Term Investments
Other Short-Term Assets $8.410M $68.60M
YoY Change -87.74% 1557.0%
Inventory
Prepaid Expenses
Receivables $144.4M $75.40M
Other Receivables $0.00 $10.20M
Total Short-Term Assets $224.9M $187.6M
YoY Change 19.87% 23.88%
LONG-TERM ASSETS
Property, Plant & Equipment $4.196B $4.005B
YoY Change 4.77% 126.83%
Goodwill $335.9M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $37.00K $5.300M
YoY Change -99.3% 1515.85%
Total Long-Term Assets $4.539B $4.346B
YoY Change 4.45% 103.89%
TOTAL ASSETS
Total Short-Term Assets $224.9M $187.6M
Total Long-Term Assets $4.539B $4.346B
Total Assets $4.764B $4.533B
YoY Change 5.09% 98.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $293.0M $173.4M
YoY Change 68.97% 12.51%
Accrued Expenses $105.2M $103.5M
YoY Change 1.69% 42.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $655.5M $291.0M
YoY Change 125.27% 27.28%
LONG-TERM LIABILITIES
Long-Term Debt $2.847B $2.502B
YoY Change 13.81% 97.4%
Other Long-Term Liabilities $180.0K $36.60M
YoY Change -99.51% 369.23%
Total Long-Term Liabilities $2.847B $2.502B
YoY Change 13.82% 97.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $655.5M $291.0M
Total Long-Term Liabilities $2.847B $2.502B
Total Liabilities $3.642B $3.041B
YoY Change 19.76% 81.32%
SHAREHOLDERS EQUITY
Retained Earnings -$267.3M $108.5M
YoY Change -346.26% 9.53%
Common Stock $116.4M $116.3M
YoY Change 0.12% -77.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $947.4M $1.318B
YoY Change
Total Liabilities & Shareholders Equity $4.764B $4.533B
YoY Change 5.09% 98.58%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$179.7M -$49.88M
YoY Change 260.28% -332.99%
Depreciation, Depletion And Amortization $121.4M $103.3M
YoY Change 17.51% 120.61%
Cash From Operating Activities $192.3M $116.0M
YoY Change 65.76% 18.01%
INVESTING ACTIVITIES
Capital Expenditures -$173.0M -$90.40M
YoY Change 91.35% 9.05%
Acquisitions
YoY Change
Other Investing Activities $11.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$173.0M -$90.40M
YoY Change 91.34% 11.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -76.96M -29.60M
YoY Change 160.0% 29500.0%
NET CHANGE
Cash From Operating Activities 192.3M 116.0M
Cash From Investing Activities -173.0M -90.40M
Cash From Financing Activities -76.96M -29.60M
Net Change In Cash -57.65M -4.000M
YoY Change 1341.13% -122.99%
FREE CASH FLOW
Cash From Operating Activities $192.3M $116.0M
Capital Expenditures -$173.0M -$90.40M
Free Cash Flow $365.3M $206.4M
YoY Change 76.97% 13.91%

Facts In Submission

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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
231428000 shares
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
208904000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
231403000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
198910000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
231428000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
208904000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
231403000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
198910000 shares
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1143022000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1430000 USD
CY2020Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
15000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
42028000 USD
CY2020Q1 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
2500000 USD
CY2020Q1 crk Temporary Equity Dividends On Temporary Equity Value
TemporaryEquityDividendsOnTemporaryEquityValue
9572000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1174393000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1552000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
211638000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
10079000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-49876000 USD
CY2020Q2 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
2917000 USD
CY2020Q2 crk Temporary Equity Dividends On Temporary Equity Value
TemporaryEquityDividendsOnTemporaryEquityValue
7210000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1317501000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1266773000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1690000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
30000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-134125000 USD
CY2021Q1 crk Temporary Equity Dividends On Temporary Equity Value
TemporaryEquityDividendsOnTemporaryEquityValue
4315000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
1129993000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1799000 USD
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
198000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
126000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-179695000 USD
CY2021Q2 crk Temporary Equity Dividends On Temporary Equity Value
TemporaryEquityDividendsOnTemporaryEquityValue
4363000 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
947410000 USD
us-gaap Profit Loss
ProfitLoss
-313820000 USD
us-gaap Profit Loss
ProfitLoss
-7848000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-101281000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-206000 USD
crk Noncash Exploration Expense Including Unproved Impairments And Exploratory Dry Hole Costs
NoncashExplorationExpenseIncludingUnprovedImpairmentsAndExploratoryDryHoleCosts
0 USD
crk Noncash Exploration Expense Including Unproved Impairments And Exploratory Dry Hole Costs
NoncashExplorationExpenseIncludingUnprovedImpairmentsAndExploratoryDryHoleCosts
27000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
79000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
230574000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
213772000 USD
us-gaap Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
-245707000 USD
us-gaap Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
49601000 USD
crk Derivative Cash Received Paid On Hedge
DerivativeCashReceivedPaidOnHedge
-27813000 USD
crk Derivative Cash Received Paid On Hedge
DerivativeCashReceivedPaidOnHedge
98703000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
13575000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
14726000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3489000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2982000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-352599000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-861000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
40190000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-83172000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-5528000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2803000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17294000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-87694000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
385583000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
266091000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
338779000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
233874000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
211000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-338568000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-233874000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
180000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
102000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
205000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
552000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
2222500000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
450000000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
2210626000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.028
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
206626000 USD
us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
0 USD
us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
210000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8678000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
16782000 USD
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
35558000 USD
us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
18983000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
198000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57560000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-39154000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10545000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6937000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30272000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18532000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19727000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11595000 USD
CY2021Q2 crk Expected Future Payments For Contracted Drilling Services
ExpectedFuturePaymentsForContractedDrillingServices
4800000 USD
CY2021Q2 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2020Q2 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2021Q2 us-gaap Goodwill
Goodwill
335900000 USD
crk Prior Advance Notice Period For Cancellation Of Rig Contracts
PriorAdvanceNoticePeriodForCancellationOfRigContracts
P45D
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
8284000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
20529000 USD
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
625000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
1300000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1141000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2317000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1983000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1733000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7175000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
310000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
6865000 USD
CY2021Q2 us-gaap Interest Payable Current
InterestPayableCurrent
30549000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
67265000 USD
CY2021Q2 crk Accrued Capital Expenditures
AccruedCapitalExpenditures
25744000 USD
CY2020Q4 crk Accrued Capital Expenditures
AccruedCapitalExpenditures
24959000 USD
CY2021Q2 crk Accrued Transportation Costs
AccruedTransportationCosts
24379000 USD
CY2020Q4 crk Accrued Transportation Costs
AccruedTransportationCosts
25353000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7562000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
7519000 USD
CY2021Q2 crk Accrued Ad Valorem Taxes Payable
AccruedAdValoremTaxesPayable
6000000 USD
CY2020Q4 crk Accrued Ad Valorem Taxes Payable
AccruedAdValoremTaxesPayable
0 USD
CY2021Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
5661000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2168000 USD
CY2021Q2 crk Accrued Lease Operating Expenses
AccruedLeaseOperatingExpenses
2354000 USD
CY2020Q4 crk Accrued Lease Operating Expenses
AccruedLeaseOperatingExpenses
3466000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2961000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2289000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
105210000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
133019000 USD
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
19290000 USD
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
18151000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
862000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
289000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
6000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
27000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
602000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
581000 USD
CY2021Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
20748000 USD
CY2020Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
18994000 USD
CY2021Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
1000000.0 USD
CY2021Q2 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
0 USD
CY2021Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-223958000 USD
CY2020Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-12298000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-245707000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
49601000 USD
crk Number Of Primary Products
NumberOfPrimaryProducts
2 product
crk Contract Cash Settlement Max Days
ContractCashSettlementMaxDays
P25D
crk Contract Cancellable Notice Term
ContractCancellableNoticeTerm
P30D
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
144400000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-92963000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2017000 USD
CY2021Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-13134000 USD
CY2020Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1987000 USD
CY2021Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3001000 USD
CY2020Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
88000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3137000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
149000 USD
CY2021Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-58044000 USD
CY2020Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-13520000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8318000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1814000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-68177000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11445000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-98144000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-54000 USD
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.109
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.008
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.076
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.052
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.041
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.025
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.300
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.003
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.008
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.001
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.029
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.088
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.090
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.016
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.187
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.238
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.007
CY2020Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-22588000 USD
CY2019Q4 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
4351000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
-30262000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
11454000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
-5402000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
22585000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
-6418000 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
0 USD
CY2021Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-53866000 USD
CY2020Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
-6780000 USD
CY2021Q2 crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
1091000 shares
CY2020Q2 crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
1184000 shares
crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
1063000 shares
crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
1135000 shares
crk Performance Units Adjustment For Performance Multiplier Range Minimum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMinimum
0
crk Performance Units Adjustment For Performance Multiplier Range Maximum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMaximum
2
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-114100000 USD
crk Weighted Average Number Of Shares Convertible Preferred Stock
WeightedAverageNumberOfSharesConvertiblePreferredStock
43750000 shares
crk Weighted Average Number Of Shares Convertible Preferred Stock
WeightedAverageNumberOfSharesConvertiblePreferredStock
84135000 shares
crk Participating Securities That Share In Losses
ParticipatingSecuritiesThatShareInLosses
0 shares
us-gaap Interest Paid Net
InterestPaidNet
204615000 USD
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1192000 shares
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
976000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1165000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
951000 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount
9.21
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount
9.33
us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount
9.21
us-gaap Antidilutive Securities Excluded From Computation Of Net Income Per Outstanding Unit Amount
AntidilutiveSecuritiesExcludedFromComputationOfNetIncomePerOutstandingUnitAmount
9.33
crk Temporary Equity Stock Conversion Price
TemporaryEquityStockConversionPrice
4.00
CY2021Q2 crk Weighted Average Number Of Shares Convertible Preferred Stock
WeightedAverageNumberOfSharesConvertiblePreferredStock
43750000 shares
CY2020Q2 crk Weighted Average Number Of Shares Convertible Preferred Stock
WeightedAverageNumberOfSharesConvertiblePreferredStock
72019000 shares
us-gaap Interest Paid Net
InterestPaidNet
90552000 USD
crk Noncash Or Part Noncash Increase Decrease In Accrued Capital Expenditure
NoncashOrPartNoncashIncreaseDecreaseInAccruedCapitalExpenditure
785000 USD
crk Noncash Or Part Noncash Increase Decrease In Accrued Capital Expenditure
NoncashOrPartNoncashIncreaseDecreaseInAccruedCapitalExpenditure
-29078000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
4998000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1505000 USD
crk Retirement Of Debt In Exchange For Common Stock
RetirementOfDebtInExchangeForCommonStock
0 USD
crk Retirement Of Debt In Exchange For Common Stock
RetirementOfDebtInExchangeForCommonStock
-4151000 USD
crk Issuance Of Common Stock In Exchange For Debt
IssuanceOfCommonStockInExchangeForDebt
0 USD
crk Issuance Of Common Stock In Exchange For Debt
IssuanceOfCommonStockInExchangeForDebt
5012000 USD
CY2021Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
41722000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2847309000 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1260000000 USD
CY2021Q1 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
97900000 USD
CY2021Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
12500000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-352600000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
19200000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
19200000 USD
CY2021Q2 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
19200000 USD

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