Company: CRK
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024783
Chunk: 88

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 88
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 CUMULATIVE TOTAL RETURN (1)

Among Comstock, the NYSE Composite Index and the S&P Oil & Gas Exploration and Production ETF Index

    As of December 31,

    Total Return Analysis
     
    2019

    2020

    2021

    2022

    2023

    2024

    Comstock
     
    $
    100.00

    $
    53.10

    $
    98.30

    $
    167.72

    $
    113.40

    $
    233.45

    NYSE Composite
     
    $
    100.00

    $
    106.99

    $
    129.11

    $
    117.04

    $
    133.16

    $
    154.19

    SPDR S&P Oil and Gas Exploration and Production ETF
     
    $
    100.00

    $
    63.60

    $
    106.04

    $
    154.15

    $
    159.64

    $
    158.04

_______________

(1)The data contained in the above graph is deemed to be furnished and not filed pursuant to Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

ITEM 6.  [RESERVED]

31

COMSTOCK RESOURCES, INC.

ITEM 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion and analysis should be read in conjunction with our selected historical consolidated financial data and our accompanying consolidated financial statements and the notes to those financial statements included elsewhere in this report. The following discussion includes forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed below and elsewhere in this report, particularly in "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements."

Overview

We are an independent energy company engaged in the acquisition, exploration, development and production of natural gas and oil in the United States. Our assets are concentrated in the Haynesville and Bossier shale located in North Louisiana and East Texas, a premier natural gas basin with superior economics due to the geographic proximity