Company: CRK
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024783
Chunk: 201

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 201
---
 the Company's auditor since 2003.

Dallas, Texas

February 21, 2025

F-2

COMSTOCK RESOURCES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

    As of December 31,

    2024

    2023

    ASSETS
     
    (In thousands)

    Cash and cash equivalents
     
    $
    6,799

    $
    16,669

    Accounts receivable:

    Natural gas and oil sales and gas services

    145,398

    166,639

    Joint interest operations

    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