Comstock Resources (CRK) Registration Filing summary

Company overview and business model

• Leading independent natural gas producer focused on the Haynesville and Bossier shale plays in North Louisiana and East Texas, with 99% of proved reserves in these regions as of December 31, 2023.

• Strategy centers on developing a substantial inventory of low-risk, high-return drilling opportunities and exploration in the Western Haynesville play.

• Common stock is listed on the NYSE under the symbol "CRK."

Financial performance and metrics

• As of June 7, 2024, there were 292,202,274 shares of common stock issued and outstanding.

• The closing price of common stock on June 7, 2024, was $11.70 per share.

Use of proceeds and capital allocation

• No proceeds will be received from the resale of shares by selling stockholders; all proceeds go to the selling stockholders.

• The company will bear all costs related to registration, while selling stockholders are responsible for commissions and transfer taxes.