Company: CRK
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0000950170-25-056747
Chunk: 59

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 59
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 fixed investment of $100 in the Company's common stock or XOP, as applicable, for the period beginning on the last trading day of fiscal year 2019 through the end of the applicable fiscal year and is calculated assuming the reinvestment of dividends.

(5) Return on average equity , which we conclude to be a key metric in our annual incentive plan, was calculated by dividing adjusted net income available to common stockholders by average stockholders' equity for each year presented. See calculation in the table below:

|                                                                                       |     | 2024             
 ($ in thousands) |           |    |     | 2023 |           |   |     | 2022 |           |   |     | 2021 |           |   |     | 2020 |           |   |
|:--------------------------------------------------------------------------------------|:----|:-----------------|----------:|:---|:----|:-----|----------:|:--|:----|:-----|----------:|:--|:----|:-----|----------:|:--|:----|:-----|----------:|:--|
| Net income (loss) available to common stockholders                                    |     | $                |  (218,754 | )  |     | $    |   211,894 |   |     | $    | 1,124,868 |   |     | $    |  (259,225 | ) |     | $    |   (83,413 | ) |
| Unrealized (gain) loss from derivative financial instruments                          |     |                  |   197,607 |    |     |      |  (107,311 | ) |     |      |  (200,193 | ) |     |      |   140,934 |   |     |      |   124,545 |   |
| Loss on early retirement of debt                                                      |     |                  |         — |    |     |      |         — |   |     |      |    46,840 |   |     |      |   352,599 |   |     |      |       861 |   |
| (Gain) loss on sale of assets                                                         |     |                  |      (875 | )  |     |      |      (125 | ) |     |      |      (340 | ) |     |      |   162,077 |   |     |      |       (17 | ) |
| Non-cash amortization