Comstock Resources(US:CRK)2021-08-04 14:41Q2 2021 Financial Highlights - Adjusted net income was $55 million, or $0.22 per diluted share[10] - Production averaged 1,387 Mmcfe per day, an 8% increase compared to the first quarter of 2021 and a 6% increase compared to the second quarter of 2020[10] - Revenues reached $325 million, a 40% increase compared to 2020's second quarter[10] - Adjusted EBITDAX was $251 million, a 55% increase compared to 2020's second quarter[10] - Operating cash flow was $196 million, or $0.71 per diluted share[10] - Free cash flow generated was $20 million, bringing the total for the first six months of 2021 to $53 million[10] Capitalization and Debt Management - Refinanced 9.75% senior notes with new 8.5 year 5.875% senior notes, saving $28 million in annual interest payments[10] - Extended average senior note maturities to 7.6 years from 6.3 years[10] - Future annual interest payments have been reduced by $48 million, combined with the March 2021 refinancing transaction[10] - Strong financial liquidity of $945 million[96]