Company: CRK
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024783
Chunk: 120

Company: COMSTOCK RESOURCES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 120
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 )

    Prepaid drilling costs

    11,988

    (34,010
    )

    (34,069
    )

    Proceeds from sales of assets

    1,214

    41,295

    4,186

    Net cash used for investing activities

    (1,084,276
    )

    (1,417,801
    )

    (1,097,683
    )

    CASH FLOWS FROM FINANCING ACTIVITIES:

    Borrowings on bank credit facility

    645,000

    820,000

    755,000

    Repayments on bank credit facility

    (710,000
    )

    (340,000
    )

    (990,000
    )

    Issuance of Senior Notes

    372,000

    —

    —

    Issuance of common stock

    100,450

    —

    —

    Retirement of Senior Notes

    —

    —

    (273,920
    )

    Debt and stock issuance costs

    (6,855
    )

    (144
    )

    (10,839
    )

    Income tax withholdings on equity awards

    (3,373
    )

    (1,899
    )

    (6,255
    )

    Preferred stock dividends paid

    —

    —

    (16,014
    )

    Common stock dividends paid

    —

    (138,985
    )

    (34,688
    )

    Contributions from noncontrolling interest

    60,500

    24,000

    —

    Distributions to noncontrolling interest

    (3,653
    )

    —

    —

    Net cash provided by (used for) financing activities

    454,069

    362,972

    (576,716
    )

    Net increase (decrease) in cash and cash equivalents

    (9,870
    )

    (37,983
    )

    23,989

    Cash and cash equivalents, beginning of the year

    16,669

    54,652

    30,663

    Cash and cash equivalents, end of the year
     
    $
    6,799

    $
    16,669

    $
    54,652

The accompanying notes are an integral part of these statements.

F