2024 Q2 Form 10-Q Financial Statement
#000095017024051815 Filed on May 02, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $246.8M | $335.8M | $489.6M |
YoY Change | -14.36% | -31.42% | -6.72% |
Cost Of Revenue | $134.9M | $148.2M | $196.1M |
YoY Change | -12.35% | -24.41% | 74.3% |
Gross Profit | $111.9M | $187.5M | $293.5M |
YoY Change | -16.66% | -36.1% | -35.77% |
Gross Profit Margin | 45.35% | 55.85% | 59.95% |
Selling, General & Admin | $10.18M | $9.692M | $12.88M |
YoY Change | -3.44% | -24.73% | 51.61% |
% of Gross Profit | 9.09% | 5.17% | 4.39% |
Research & Development | $0.00 | $0.00 | $1.775M |
YoY Change | -100.0% | 73.85% | |
% of Gross Profit | 0.0% | 0.0% | 0.6% |
Depreciation & Amortization | $194.2M | $190.7M | $134.0M |
YoY Change | 38.57% | 42.32% | 25.54% |
% of Gross Profit | 173.55% | 101.68% | 45.65% |
Operating Expenses | $339.3M | $348.6M | $344.0M |
YoY Change | 125.14% | 1.36% | 82.89% |
Operating Profit | -$92.49M | -$12.85M | $145.6M |
YoY Change | 463.33% | -108.82% | -56.76% |
Interest Expense | $51.93M | $49.56M | $38.27M |
YoY Change | -218.88% | 29.49% | -17.68% |
% of Operating Profit | 26.28% | ||
Other Income/Expense, Net | -$76.86M | -$9.919M | $28.60M |
YoY Change | -12953.18% | -134.68% | -105.96% |
Pretax Income | -$169.4M | -$22.77M | $174.2M |
YoY Change | 181.55% | -113.07% | -221.79% |
Income Tax | -$46.11M | -$8.292M | $39.72M |
% Of Pretax Income | 22.8% | ||
Net Earnings | -$126.3M | -$16.32M | $134.5M |
YoY Change | 176.35% | -112.13% | -220.71% |
Net Earnings / Revenue | -51.17% | -4.86% | 27.47% |
Basic Earnings Per Share | -$0.43 | -$0.05 | $0.49 |
Diluted Earnings Per Share | -$0.43 | -$0.05 | $0.49 |
COMMON SHARES | |||
Basic Shares Outstanding | 292.2M | 278.4M | 277.5M shares |
Diluted Shares Outstanding | 289.7M | 278.0M | 276.6M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $19.27M | $6.420M | $33.68M |
YoY Change | 94.27% | -80.94% | 177.47% |
Cash & Equivalents | $19.27M | $6.420M | $33.68M |
Short-Term Investments | |||
Other Short-Term Assets | $69.29M | $77.81M | $59.52M |
YoY Change | 7.46% | 30.73% | 335.39% |
Inventory | |||
Prepaid Expenses | $2.109M | $2.295M | $2.543M |
Receivables | $113.4M | $83.80M | $177.8M |
Other Receivables | $10.88M | $13.45M | $15.24M |
Total Short-Term Assets | $323.4M | $358.1M | $422.8M |
YoY Change | 14.62% | -15.32% | 57.76% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.575B | $5.526B | $4.860B |
YoY Change | 6.82% | 13.7% | 17.7% |
Goodwill | $335.9M | $335.9M | $335.9M |
YoY Change | 0.0% | 0.0% | 0.0% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $6.001B | $5.959B | $5.278B |
YoY Change | 8.04% | 12.9% | 17.77% |
TOTAL ASSETS | |||
Total Short-Term Assets | $323.4M | $358.1M | $422.8M |
Total Long-Term Assets | $6.001B | $5.959B | $5.278B |
Total Assets | $6.325B | $6.317B | $5.701B |
YoY Change | 8.36% | 10.81% | 20.03% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $377.9M | $441.0M | $443.5M |
YoY Change | -31.58% | -0.57% | 39.14% |
Accrued Expenses | $139.4M | $80.86M | $145.8M |
YoY Change | -33.53% | -44.53% | 41.09% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $552.3M | $556.0M | $628.3M |
YoY Change | -27.53% | -11.51% | -33.05% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.856B | $2.702B | $2.154B |
YoY Change | 31.23% | 25.43% | -14.99% |
Other Long-Term Liabilities | $134.7M | $118.5M | $73.06M |
YoY Change | -8.41% | 62.23% | 304304.17% |
Total Long-Term Liabilities | $2.856B | $2.702B | $2.154B |
YoY Change | 22.92% | 25.43% | -15.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $552.3M | $556.0M | $628.3M |
Total Long-Term Liabilities | $2.856B | $2.702B | $2.154B |
Total Liabilities | $3.959B | $3.839B | $3.321B |
YoY Change | 11.93% | 15.6% | -9.67% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $815.6M | $941.9M | $986.0M |
YoY Change | -9.93% | -4.46% | -408.32% |
Common Stock | $146.1M | $146.1M | $138.8M |
YoY Change | 4.94% | 5.29% | 19.14% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.320B | $2.446B | $2.380B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.325B | $6.317B | $5.701B |
YoY Change | 8.36% | 10.81% | 20.03% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$126.3M | -$16.32M | $134.5M |
YoY Change | 176.35% | -112.13% | -220.71% |
Depreciation, Depletion And Amortization | $194.2M | $190.7M | $134.0M |
YoY Change | 38.57% | 42.32% | 25.54% |
Cash From Operating Activities | $83.58M | $171.5M | $386.4M |
YoY Change | -74.79% | -55.6% | 36.02% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $236.7M | $351.5M | $371.0M |
YoY Change | -36.52% | -5.25% | 73.93% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $9.252M | $3.232M | -$1.554M |
YoY Change | -72.97% | -307.98% | -3553.33% |
Cash From Investing Activities | -$227.5M | -$348.2M | -$372.5M |
YoY Change | -32.83% | -6.52% | 74.7% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 156.8M | 166.5M | -$34.83M |
YoY Change | -1045.03% | -577.87% | -61.01% |
NET CHANGE | |||
Cash From Operating Activities | 83.58M | 171.5M | $386.4M |
Cash From Investing Activities | -227.5M | -348.2M | -$372.5M |
Cash From Financing Activities | 156.8M | 166.5M | -$34.83M |
Net Change In Cash | 12.85M | -10.25M | -$20.98M |
YoY Change | -154.09% | -51.14% | 13.22% |
FREE CASH FLOW | |||
Cash From Operating Activities | $83.58M | $171.5M | $386.4M |
Capital Expenditures | $236.7M | $351.5M | $371.0M |
Free Cash Flow | -$153.2M | -$179.9M | $15.41M |
YoY Change | 270.0% | -1267.55% | -78.22% |
Facts In Submission
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|
331000 | |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
460000 | |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
49557000 | |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
38270000 | |
CY2024Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-9919000 | |
CY2023Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
28599000 | |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-22766000 | |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
174219000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8292000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
39716000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-14474000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
134503000 | |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1847000 | |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16321000 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
134503000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
277962000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
276551000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
277962000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
276551000 | |
CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | |
CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.125 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2278314000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2046000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
134503000 | |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
34688000 | |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2380175000 | |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2383191000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3415000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
12500000 | |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
100450000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-14474000 | |
CY2024Q1 | crk |
Contributions From Non Controlling Interest
ContributionsFromNonControllingInterest
|
6000000 | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2478582000 | |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-14474000 | |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
134503000 | |
CY2024Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8287000 | |
CY2023Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
39180000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
0 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
773000 | |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
190689000 | |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
133983000 | |
CY2024Q1 | us-gaap |
Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
|
39307000 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
|
66409000 | |
CY2024Q1 | crk |
Derivative Cash Paid Received On Hedge
DerivativeCashPaidReceivedOnHedge
|
-47995000 | |
CY2023Q1 | crk |
Derivative Cash Paid Received On Hedge
DerivativeCashPaidReceivedOnHedge
|
-10383000 | |
CY2024Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1984000 | |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1997000 | |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3415000 | |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2046000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-99418000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-255992000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-5576000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
1514000 | |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-115470000 | |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-123024000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
171539000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
386364000 | |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
351470000 | |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
370953000 | |
CY2024Q1 | crk |
Advance Payments For Receipts From Drilling Costs
AdvancePaymentsForReceiptsFromDrillingCosts
|
-3232000 | |
CY2023Q1 | crk |
Advance Payments For Receipts From Drilling Costs
AdvancePaymentsForReceiptsFromDrillingCosts
|
1684000 | |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
0 | |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
130000 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-348238000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-372507000 | |
CY2024Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
235000000 | |
CY2023Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | |
CY2024Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
175000000 | |
CY2023Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
100450000 | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | |
CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
0 | |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
34688000 | |
CY2024Q1 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
0 | |
CY2023Q1 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
144000 | |
CY2024Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
6000000 | |
CY2023Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
166450000 | |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-34832000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-10249000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-20975000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
16669000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
54652000 | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6420000 | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
33677000 | |
CY2024Q1 | crk |
Prepaid Drilling Costs Current
PrepaidDrillingCostsCurrent
|
66892000 | |
CY2023Q4 | crk |
Prepaid Drilling Costs Current
PrepaidDrillingCostsCurrent
|
70124000 | |
CY2024Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
4625000 | |
CY2023Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
8312000 | |
CY2024Q1 | crk |
Production Tax Refunds Receivable Current
ProductionTaxRefundsReceivableCurrent
|
3999000 | |
CY2023Q4 | crk |
Production Tax Refunds Receivable Current
ProductionTaxRefundsReceivableCurrent
|
5745000 | |
CY2024Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
2295000 | |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
2438000 | |
CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
77811000 | |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
86619000 | |
CY2023Q4 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
96233000 | |
CY2022Q4 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
867000 | |
CY2024Q1 | us-gaap |
Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
|
106456000 | |
CY2023Q1 | us-gaap |
Capitalized Exploratory Well Cost Additions Pending Determination Of Proved Reserves
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves
|
29690000 | |
CY2024Q1 | us-gaap |
Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
|
144655000 | |
CY2023Q1 | us-gaap |
Reclassification To Well Facilities And Equipment Based On Determination Of Proved Reserves
ReclassificationToWellFacilitiesAndEquipmentBasedOnDeterminationOfProvedReserves
|
0 | |
CY2024Q1 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
58034000 | |
CY2023Q1 | us-gaap |
Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
|
30557000 | |
CY2024Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
0 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1560000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
108374000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
10639000 | |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
97735000 | |
CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
335900000 | |
CY2024Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
97700000 | |
CY2024Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
21861000 | |
CY2023Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
41556000 | |
CY2024Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
900000 | |
CY2023Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1000000 | |
CY2024Q1 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
20900000 | |
CY2023Q1 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
40600000 | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y8M12D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y10M24D | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.073 | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.072 | |
CY2024Q1 | crk |
Expected Future Payments For Short Term Leased Drilling Services
ExpectedFuturePaymentsForShortTermLeasedDrillingServices
|
2600000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
30035000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
39616000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
33546000 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
3617000 | |
CY2024Q1 | crk |
Accrued Transportation Costs
AccruedTransportationCosts
|
29902000 | |
CY2023Q4 | crk |
Accrued Transportation Costs
AccruedTransportationCosts
|
32294000 | |
CY2024Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
20010000 | |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
54912000 | |
CY2024Q1 | crk |
Accrued Drilling Costs
AccruedDrillingCosts
|
15401000 | |
CY2023Q4 | crk |
Accrued Drilling Costs
AccruedDrillingCosts
|
35876000 | |
CY2024Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
10323000 | |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1894000 | |
CY2024Q1 | crk |
Accrued Lease Operating Expenses
AccruedLeaseOperatingExpenses
|
2395000 | |
CY2023Q4 | crk |
Accrued Lease Operating Expenses
AccruedLeaseOperatingExpenses
|
2299000 | |
CY2024Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2333000 | |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6700000 | |
CY2024Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
499000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
491000 | |
CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
80863000 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
134466000 | |
CY2023Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
30773000 | |
CY2022Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
29114000 | |
CY2024Q1 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
53000 | |
CY2023Q1 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
30000 | |
CY2024Q1 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
13000 | |
CY2023Q1 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
0 | |
CY2024Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
436000 | |
CY2023Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
409000 | |
CY2024Q1 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
31249000 | |
CY2023Q1 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
29553000 | |
CY2024Q1 | us-gaap |
Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
|
0 | |
CY2024Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
39307000 | |
CY2023Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
66409000 | |
CY2024Q1 | crk |
Number Of Primary Products
NumberOfPrimaryProducts
|
2 | |
CY2024Q1 | crk |
Contract Cash Settlement Max Days
ContractCashSettlementMaxDays
|
P25D | |
CY2024Q1 | crk |
Contract Cancellable Notice Term
ContractCancellableNoticeTerm
|
P30D | |
CY2024Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
83800000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
166600000 | |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | |
CY2024Q1 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
0 | |
CY2023Q1 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
536000 | |
CY2024Q1 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-4995000 | |
CY2023Q1 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
36765000 | |
CY2024Q1 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-3297000 | |
CY2023Q1 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
2415000 | |
CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8292000 | |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
39716000 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.005 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.005 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.149 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.01 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-0.019 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
|
0.004 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.019 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0 | |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.364 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.229 | |
CY2024Q1 | crk |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
|
2017000 | |
CY2023Q1 | crk |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
|
960000 | |
CY2024Q1 | crk |
Performance Units Adjustment For Performance Multiplier Range Minimum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMinimum
|
0 | |
CY2024Q1 | crk |
Performance Units Adjustment For Performance Multiplier Range Maximum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMaximum
|
2 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14474000 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
134503000 | |
CY2024Q1 | crk |
Net Income Loss Allocated To Unvested Restricted Shares
NetIncomeLossAllocatedToUnvestedRestrictedShares
|
0 | |
CY2023Q1 | crk |
Net Income Loss Allocated To Unvested Restricted Shares
NetIncomeLossAllocatedToUnvestedRestrictedShares
|
-345000 | |
CY2024Q1 | crk |
Net Income Loss Available To Common Stockholders Basic Adjusted
NetIncomeLossAvailableToCommonStockholdersBasicAdjusted
|
-14474000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
277962000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2023Q1 | crk |
Net Income Loss Available To Common Stockholders Basic Adjusted
NetIncomeLossAvailableToCommonStockholdersBasicAdjusted
|
134158000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
276551000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-14474000 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
277962000 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
134158000 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
276551000 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.49 | |
CY2024Q1 | crk |
Participating Securities That Share In Losses
ParticipatingSecuritiesThatShareInLosses
|
0 | |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
82475000 | |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
71443000 | |
CY2024Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
36000 | |
CY2023Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
184000 | |
CY2024Q1 | crk |
Noncash Or Part Noncash Increase Decrease In Accrued Capital Expenditure
NoncashOrPartNoncashIncreaseDecreaseInAccruedCapitalExpenditure
|
-20475000 | |
CY2023Q1 | crk |
Noncash Or Part Noncash Increase Decrease In Accrued Capital Expenditure
NoncashOrPartNoncashIncreaseDecreaseInAccruedCapitalExpenditure
|
-1009000 | |
CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
32876000 | |
CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
1417000 | |
CY2024Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
31431000 | |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2702375000 | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |