Company: CRK
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024783
Chunk: 202

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 202
---
 taxes

    345,116

    470,035

    Derivative financial instruments

    66,757

    —

    Long-term operating leases

    37,740

    47,742

    Reserve for future abandonment costs

    33,996

    30,773

    Total liabilities

    4,048,553

    3,870,432

    Commitments and contingencies

    Stockholders' equity:

    Common stock—$0.50 par, 400,000,000 shares authorized, 292,260,645 and   278,429,463 shares issued and outstanding at December 31, 2024 and   2023, respectively

    146,130

    139,214

    Additional paid-in capital

    1,366,274

    1,260,930

    Accumulated earnings

    728,619

    958,270

    Total stockholders' equity attributable to Comstock

    2,241,023

    2,358,414

    Noncontrolling interest

    92,521

    24,777

    Total stockholders' equity

    2,333,544

    2,383,191

    $
    6,382,097

    $
    6,253,623

The accompanying notes are an integral part of these statements.

F-3

COMSTOCK RESOURCES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

    Year Ended December 31,

    2024

    2023

    2022

    (In thousands, except per share amounts)

    Revenues:

    Natural gas sales
     
    $
    1,043,886

    $
    1,259,450

    $
    3,117,094

    Oil sales

    3,597

    5,161

    7,597

    Total natural gas and oil sales

    1,047,483

    1,264,611

    3,124,691

    Gas services

    206,097

    300,498

    503,366

    Gain on sale of assets

    875

    125

    340

    Total revenues

    1,254,455