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

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 16
Chunk 10
---
 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   278,429,463 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