For the year ending 2025-12-31, CRK had $17,131K increase in cash & cash equivalents over the period. -$449,673K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 420,203 | -218,754 | 211,894 | 1,140,882 |
| Deferred income taxes | 91,982 | -124,919 | 44,301 | 228,317 |
| Loss on early extinguishment of debt | - | 0 | 0 | -46,840 |
| Impairment of natural gas and oil properties | 29,071 | - | - | - |
| Exploration | - | - | - | 0 |
| Gain on sale of assets | 291,938 | 875 | 125 | 340 |
| Depreciation, depletion and amortization | 641,163 | 795,397 | 607,908 | 489,450 |
| Gain on derivative financial instruments | 82,537 | 10,196 | 187,639 | -662,522 |
| Cash settlements of derivative financial instruments | -20,135 | -207,803 | -80,328 | 862,715 |
| Amortization of debt discount, premium and issuance costs | 11,976 | 11,476 | 7,964 | 10,255 |
| Stock-based compensation | 21,222 | 15,261 | 9,867 | 6,610 |
| (increase) decrease in accounts receivable | 60,496 | -56,584 | -278,697 | 242,389 |
| (increase) decrease in other current assets | -17,518 | 22,893 | -745 | 10,296 |
| Increase (decrease) in accounts payable and accrued expenses | 81,308 | -88,547 | -37,094 | 229,252 |
| Net cash provided by operating activities | 899,607 | 620,337 | 1,016,846 | 1,698,388 |
| Capital expenditures | 1,349,280 | 1,097,478 | 1,425,086 | 1,067,800 |
| Prepaid drilling costs | -5,002 | -11,988 | 34,010 | 34,069 |
| Proceeds from sales of assets | 428,868 | 1,214 | 41,295 | 4,186 |
| Net cash used for investing activities | -915,410 | -1,084,276 | -1,417,801 | -1,097,683 |
| Retirement of senior notes | - | 0 | 0 | 273,920 |
| Borrowings on bank credit facility | 750,000 | 645,000 | 820,000 | 755,000 |
| Repayments on bank credit facility | 905,000 | 710,000 | 340,000 | 990,000 |
| Issuance of senior notes | 0 | 372,000 | 0 | 0 |
| Redemption of series a convertible preferred stock | - | - | - | 0 |
| Issuance of common stock | 0 | 100,450 | - | 0 |
| Debt and stock issuance costs | 36 | 6,855 | 144 | 10,839 |
| Income tax withholdings on equity awards | 11,010 | 3,373 | 1,899 | 6,255 |
| Preferred stock dividends paid | - | 0 | 0 | 16,014 |
| Common stock dividends paid | 0 | 0 | 138,985 | 34,688 |
| Contributions from noncontrolling interest | 215,500 | 60,500 | 24,000 | - |
| Distributions to noncontrolling interest | 16,520 | 3,653 | - | - |
| Net cash provided by financing activities | 32,934 | 454,069 | 362,972 | -576,716 |
| Net increase (decrease) in cash and cash equivalents | 17,131 | -9,870 | -37,983 | 23,989 |
| Cash and cash equivalents, beginning of the year | 6,799 | - | - | - |
| Cash and cash equivalents, end of the year | 23,930 | - | - | - |
COMSTOCK RESOURCES INC (CRK)
COMSTOCK RESOURCES INC (CRK)