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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
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
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
Total assets 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 0
Total current liabilities 612,854 681,491
Long-term debt 2,952,090 2,640,391
Deferred income taxes 345,116 470,035
Derivative financial instruments 66,757 0
Long-term operating leases 37,740 47,742
Reserve for future abandonment costs 33,996 30,773
Total liabilities 4,048,553 3,870,432
Commitments and contingencies
Stockholders' equity:    
Common stock - $0.50 par, 400,000,000 shares authorized, 292,260,645 and 278,429,463 shares issued and outstanding at December 31, 2024 and 2023, respectively 146,130 139,214
Additional paid-in capital 1,366,274 1,260,930
Accumulated earnings 728,619 958,270
Total stockholders' equity attributable to Comstock 2,241,023 2,358,414
Noncontrolling interest 92,521 24,777
Total stockholders' equity 2,333,544 2,383,191
Total liabilities and stockholders' equity $ 6,382,097 $ 6,253,623