2016 Q1 Form 10-Q Financial Statement

#000156459016017706 Filed on May 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $36.20M $66.52M
YoY Change -45.58% -53.12%
Cost Of Revenue $18.50M $21.00M
YoY Change -11.9% -13.93%
Gross Profit $17.70M $45.60M
YoY Change -61.18% -61.19%
Gross Profit Margin 48.9% 68.55%
Selling, General & Admin $5.600M $8.000M
YoY Change -30.0% -4.76%
% of Gross Profit 31.64% 17.54%
Research & Development $7.800M $42.20M
YoY Change -81.52%
% of Gross Profit 44.07% 92.54%
Depreciation & Amortization $38.84M $91.89M
YoY Change -57.74% 3.39%
% of Gross Profit 219.41% 201.51%
Operating Expenses $52.20M $163.5M
YoY Change -68.06% 34.33%
Operating Profit -$56.49M -$96.93M
YoY Change -41.72% -579.18%
Interest Expense -$29.30M $20.75M
YoY Change -241.18% 51.71%
% of Operating Profit
Other Income/Expense, Net $300.0K -$23.20M
YoY Change -101.29% 26.27%
Pretax Income -$52.12M -$120.1M
YoY Change -56.62% -6583.0%
Income Tax $4.500M -$41.63M
% Of Pretax Income
Net Earnings -$56.58M -$78.50M
YoY Change -27.93% -6838.37%
Net Earnings / Revenue -156.29% -118.01%
Basic Earnings Per Share -$1.71
Diluted Earnings Per Share -$5.099M -$1.71
COMMON SHARES
Basic Shares Outstanding 46.03M
Diluted Shares Outstanding 46.03M

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $89.30M $228.9M
YoY Change -60.99% 12616.67%
Cash & Equivalents $89.32M $228.9M
Short-Term Investments
Other Short-Term Assets $3.000M $2.419M
YoY Change 24.02% 2.85%
Inventory
Prepaid Expenses
Receivables $57.00M $34.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $149.4M $265.3M
YoY Change -43.68% 234.52%
LONG-TERM ASSETS
Property, Plant & Equipment $934.6M $2.189B
YoY Change -57.3% 1.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.200M $26.23M
YoY Change -95.43% 71.44%
Total Long-Term Assets $935.7M $2.215B
YoY Change -57.75% 1.53%
TOTAL ASSETS
Total Short-Term Assets $149.4M $265.3M
Total Long-Term Assets $935.7M $2.215B
Total Assets $1.085B $2.480B
YoY Change -56.25% 9.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.60M $116.3M
YoY Change -64.23% 3.18%
Accrued Expenses $29.50M $48.88M
YoY Change -39.65% -7.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $72.30M $165.2M
YoY Change -56.23% -1.98%
LONG-TERM LIABILITIES
Long-Term Debt $1.211B $1.394B
YoY Change -13.13% 46.84%
Other Long-Term Liabilities $16.10M $15.30M
YoY Change 5.23% -11.05%
Total Long-Term Liabilities $1.227B $1.394B
YoY Change -11.98% 44.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $72.30M $165.2M
Total Long-Term Liabilities $1.227B $1.394B
Total Liabilities $1.305B $1.689B
YoY Change -22.69% 28.42%
SHAREHOLDERS EQUITY
Retained Earnings $287.9M
YoY Change
Common Stock $503.7M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$220.2M $791.6M
YoY Change
Total Liabilities & Shareholders Equity $1.085B $2.480B
YoY Change -56.25% 9.7%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$56.58M -$78.50M
YoY Change -27.93% -6838.37%
Depreciation, Depletion And Amortization $38.84M $91.89M
YoY Change -57.74% 3.39%
Cash From Operating Activities -$31.00M $60.20M
YoY Change -151.5% -37.12%
INVESTING ACTIVITIES
Capital Expenditures $14.19M $140.4M
YoY Change -89.9% -40.88%
Acquisitions
YoY Change
Other Investing Activities $900.0K $0.00
YoY Change
Cash From Investing Activities -$13.30M -$140.4M
YoY Change -90.53% -40.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $415.0M
YoY Change
Cash From Financing Activities -300.0K 307.0M
YoY Change -100.1% 118.47%
NET CHANGE
Cash From Operating Activities -31.00M 60.20M
Cash From Investing Activities -13.30M -140.4M
Cash From Financing Activities -300.0K 307.0M
Net Change In Cash -44.60M 226.8M
YoY Change -119.66% -19063.21%
FREE CASH FLOW
Cash From Operating Activities -$31.00M $60.20M
Capital Expenditures $14.19M $140.4M
Free Cash Flow -$45.19M -$80.20M
YoY Change -43.66% -43.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q1 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
36163000
CY2016Q1 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
4365000
CY2016Q1 crk Production And Severance Taxes Operating Expense
ProductionAndSeveranceTaxesOperatingExpense
1186000
CY2016Q1 us-gaap Lease Operating Expense
LeaseOperatingExpense
12960000
CY2015Q1 crk Production And Severance Taxes Operating Expense
ProductionAndSeveranceTaxesOperatingExpense
2974000
CY2015Q1 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
2853000
CY2015Q1 us-gaap Lease Operating Expense
LeaseOperatingExpense
15136000
CY2016Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38836000
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5575000
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
306994000
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
226825000
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
228896000
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1892000
CY2016Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-21444000
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-31039000
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14185000
CY2015Q1 crk Oil And Gas Properties Sold Operating Expenses
OilAndGasPropertiesSoldOperatingExpenses
54087000
CY2015Q1 crk Oil And Gas Properties Sold Operating Income Loss
OilAndGasPropertiesSoldOperatingIncomeLoss
-45663000
CY2016Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.086
CY2016Q1 crk Oil And Gas Properties Sold Operating Expenses
OilAndGasPropertiesSoldOperatingExpenses
1469000
CY2016Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4453000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4063000
CY2014Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
14900000
CY2016Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
274000
CY2015Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
198000
CY2016Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1000
CY2015Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
213000
CY2016Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
826000
CY2016Q1 us-gaap Interest Paid
InterestPaid
36167000
CY2015Q1 us-gaap Interest Paid
InterestPaid
2093000
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000
CY2015Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-120130000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-41628000
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.71
CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
49512000
CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
46027000
CY2015Q1 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
66522000
CY2016Q1 crk Gain On Exchange Of Oil And Gas Property
GainOnExchangeOfOilAndGasProperty
740000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-56577000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-78502000
CY2016Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1330000
CY2016Q1 crk Exploration Expense Including Unproved Impairments And Exploratory Dry Hole Costs
ExplorationExpenseIncludingUnprovedImpairmentsAndExploratoryDryHoleCosts
7753000
CY2015Q1 crk Exploration Expense Including Unproved Impairments And Exploratory Dry Hole Costs
ExplorationExpenseIncludingUnprovedImpairmentsAndExploratoryDryHoleCosts
42229000
CY2016Q1 crk Gain Loss On Exchange Of Oil And Gas Property
GainLossOnExchangeOfOilAndGasProperty
740000
CY2016Q1 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
22718000
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.14
CY2015Q1 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
403000
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
163450000
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-96928000
CY2016Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
33380000
CY2015Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2735000
CY2016Q1 us-gaap Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
656000
CY2015Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
287000
CY2015Q1 us-gaap Interest Expense
InterestExpense
20754000
CY2015Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-23202000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-52117000
CY2016Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
312000
CY2016Q1 crk Stock Issued In Exchange For Debt Value
StockIssuedInExchangeForDebtValue
6598000
CY2016Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4446000
CY2015Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-41691000
CY2016Q1 crk Dry Hole Costs Lease Hold Impairments And Other Exploration Costs
DryHoleCostsLeaseHoldImpairmentsAndOtherExplorationCosts
7753000
CY2015Q1 crk Dry Hole Costs Lease Hold Impairments And Other Exploration Costs
DryHoleCostsLeaseHoldImpairmentsAndOtherExplorationCosts
42229000
CY2016Q1 crk Derivative Cash Paid Received On Hedge
DerivativeCashPaidReceivedOnHedge
-998000
CY2016Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1281000
CY2015Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1061000
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1330000
CY2015Q1 crk Tax Benefit Cost From Share Based Compensation Operating Activities
TaxBenefitCostFromShareBasedCompensationOperatingActivities
-1510000
CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4287000
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-15081000
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-109000
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-7724000
CY2015Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15897000
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
60228000
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
140397000
CY2016Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
868000
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-13317000
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-140397000
CY2015Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
740000000
CY2015Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
415000000
CY2016Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15000
CY2015Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15970000
CY2016Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
312000
CY2015Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
526000
CY2015Q1 crk Tax Benefit Cost From Share Based Compensation Financing Activities
TaxBenefitCostFromShareBasedCompensationFinancingActivities
-1510000
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-327000
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-44683000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2071000
CY2016Q1 crk Performance Units Adjustment For Performance Multiplier Range Maximum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMaximum
2.00
CY2016Q1 crk Impairment Charges Related To Unevaluated Properties
ImpairmentChargesRelatedToUnevaluatedProperties
7800000
CY2015Q1 crk Impairment Charges Related To Unevaluated Properties
ImpairmentChargesRelatedToUnevaluatedProperties
40400000
CY2016Q1 us-gaap Interest Payable Current
InterestPayableCurrent
21572000
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
29075000
CY2015Q4 crk Accrued Drilling Costs
AccruedDrillingCosts
5306000
CY2016Q1 crk Accrued Ad Valorem Taxes Payable
AccruedAdValoremTaxesPayable
1200000
CY2016Q1 crk Asset Retirement Obligation Of Assets Held For Sale
AssetRetirementObligationOfAssetsHeldForSale
3442000
CY2016Q1 crk Asset Retirement Obligation Assets Held For Sale
AssetRetirementObligationAssetsHeldForSale
3442000
CY2016Q1 crk Rights Plan Establishment Date
RightsPlanEstablishmentDate
2015-10-31
CY2015Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
15311000
CY2016Q1 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
0
CY2015Q1 us-gaap Derivative Assets
DerivativeAssets
0
CY2016Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
14000
CY2015Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
63000
CY2016Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.454
CY2016Q1 crk Assets Held For Sale Asset Retirement Obligation Included In Accrued Liabilities
AssetsHeldForSaleAssetRetirementObligationIncludedInAccruedLiabilities
3400000
CY2016Q1 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
900000
CY2015Q3 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
102500000
CY2016Q1 crk Oil And Gas Properties Sold Oil And Gas Sales
OilAndGasPropertiesSoldOilAndGasSales
1699000
CY2015Q1 crk Oil And Gas Properties Sold Oil And Gas Sales
OilAndGasPropertiesSoldOilAndGasSales
8424000
CY2016Q1 crk Oil And Gas Properties Sold Operating Income Loss
OilAndGasPropertiesSoldOperatingIncomeLoss
230000
CY2016Q1 crk Property Exchange Net Acres Received
PropertyExchangeNetAcresReceived
3637
CY2016Q1 crk Property Exchange Gross Wells Received
PropertyExchangeGrossWellsReceived
4
CY2016Q1 crk Property Exchange Net Wells Received
PropertyExchangeNetWellsReceived
3.5
CY2016Q1 crk Property Exchange Net Acres Disposed
PropertyExchangeNetAcresDisposed
2547
CY2016Q1 crk Property Exchange Gross Wells Disposed
PropertyExchangeGrossWellsDisposed
7
CY2016Q1 crk Property Exchange Net Wells Disposed
PropertyExchangeNetWellsDisposed
5.3
CY2016Q1 crk Gain On Property Exchange Of Oil And Gas Properties
GainOnPropertyExchangeOfOilAndGasProperties
700000
CY2016Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.021
CY2016Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.003
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.347
CY2016Q1 crk Number Of State Jurisdiction Currently Under Review
NumberOfStateJurisdictionCurrentlyUnderReview
1
CY2016Q1 crk Cumulative Common Stock Ownership Change Over Three Year Period That Could Limit Federal And State Net Operating Loss Carry Forwards
CumulativeCommonStockOwnershipChangeOverThreeYearPeriodThatCouldLimitFederalAndStateNetOperatingLossCarryForwards
0.50
CY2016Q1 crk Performance Units Adjustment For Performance Multiplier Range Minimum
PerformanceUnitsAdjustmentForPerformanceMultiplierRangeMinimum
0.0000
CY2016Q1 crk Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-56577000
CY2015Q1 crk Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
-78502000
CY2016Q1 crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
1571000
CY2015Q1 crk Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Nonvested Weighted Average Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionNonvestedWeightedAverageNumber
1166000
CY2016Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
59000
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
111000
CY2016Q1 crk Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
33.22
CY2015Q1 crk Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Exercise Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAverageExercisePrice
32.95
CY2015Q1 crk Antidilutive Securities Performance Share Units Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesPerformanceShareUnitsExcludedFromComputationOfEarningsPerShareAmount
111000
CY2015Q1 crk Antidilutive Securities Excluded From Computation Of Earnings Per Unit Weighted Average Grant Date Fair Value Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerUnitWeightedAverageGrantDateFairValuePrice
9.13
CY2016Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2015Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
900000
CY2016Q1 crk Number Of Consecutive Trading Period
NumberOfConsecutiveTradingPeriod
P30D
CY2016Q1 crk Minimum Percentage Of Oil And Gas Properties Used As Collateral
MinimumPercentageOfOilAndGasPropertiesUsedAsCollateral
0.80
CY2016Q1 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
33400000
CY2016Q1 crk Commitments For Contracted Drilling Services
CommitmentsForContractedDrillingServices
1000000
CY2016Q1 crk Contract Term Related To Drilling Services
ContractTermRelatedToDrillingServices
through May 2016
CY2016Q1 crk Natural Gas Transportation Agreement Term
NaturalGasTransportationAgreementTerm
through July 2019
CY2016Q1 crk Maximum Commitments Under Natural Gas Transportation Agreements
MaximumCommitmentsUnderNaturalGasTransportationAgreements
5900000

Files In Submission

Name View Source Status
0001564590-16-017706-index-headers.html Edgar Link pending
0001564590-16-017706-index.html Edgar Link pending
0001564590-16-017706.txt Edgar Link pending
0001564590-16-017706-xbrl.zip Edgar Link pending
crk-10q_20160331.htm Edgar Link pending
crk-20160331.xml Edgar Link completed
crk-20160331.xsd Edgar Link pending
crk-20160331_cal.xml Edgar Link unprocessable
crk-20160331_def.xml Edgar Link unprocessable
crk-20160331_lab.xml Edgar Link unprocessable
crk-20160331_pre.xml Edgar Link unprocessable
crk-ex311_8.htm Edgar Link pending
crk-ex312_7.htm Edgar Link pending
crk-ex321_9.htm Edgar Link pending
crk-ex322_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending