Company: CRK
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024783
Chunk: 116

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 116
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    23,956

    48,704

    From affiliates

    5,492

    16,087

    Derivative financial instruments

    4,865

    126,775

    Other current assets

    97,524

    86,619

    Total current assets

    284,034

    461,493

    Property and equipment:

    Natural gas and oil properties, successful efforts method:

    Proved

    8,054,250

    7,126,519

    Unproved

    424,648

    343,419

    Other

    150,023

    62,382

    Accumulated depreciation, depletion and amortization

    (2,940,532
    )

    (2,147,549
    )

    Net property and equipment

    5,688,389

    5,384,771

    Goodwill

    335,897

    335,897

    Operating lease right-of-use assets

    73,777

    71,462

    $
    6,382,097

    $
    6,253,623

    LIABILITIES AND STOCKHOLDERS' EQUITY

    Accounts payable
     
    $
    421,814

    $
    523,260

    Accrued expenses

    146,173

    134,466

    Operating leases

    35,927

    23,765

    Derivative financial instruments

    8,940

    —

    Total current liabilities

    612,854

    681,491

    Long-term debt

    2,952,090

    2,640,391

    Deferred income 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