Comstock resources inc (CRK)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

42,028

55,116

6,791

21,407

13,575

50,299

13,823

-

-

-42,296

-24,736

-21,442

-22,931

-

-28,476

4,852

-56,577

-288,543

-544,996

-135,068

-78,502

-58,271

-1,903

1,898

1,165

-37,498

-24,034

129,705

-27,144

-78,151

-30,449

7,165

1,375

-41,134

1,309

3,949

2,404

-20,609

-4,700

-1,619

7,342

Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-857

0

151,236

-2,627

-1,157

13,763

-9,545

-42

-

-

-

-

-

-

-

-

Loss (gain) on sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

-2,165

81

7,877

0

-2,794

20,338

33,348

2,905

2,510

8,506

21,140

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

3,883

-

-

-

-87

496

359

-

-832

73

4,446

-

-31,333

-73,094

-41,691

-26,164

-417

1,230

674

-19,499

-12,554

-11,993

-12,245

-39,237

-7,800

-3,685

250

-21,245

3,972

2,172

449

-4,748

174

12

-55

Deferred and non-current income taxes

11,330

-

-

-

4,352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploration

27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of oil and gas properties

-

0

0

-26

1

57

98

-

-

-

-

-

-

-

-13,196

-1,647

740

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

113

1,742

22,718

-

-

1,984

403

-

-

-

-

-

-

-

-

20,018

0

5,301

49

-

-

-

-

-

-

-

-

Exploratory lease impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76,391

0

7,753

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dry hole costs, exploratory lease impairments and other exploration costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,040

42,229

-

-

-

-

18,081

2,995

9,465

2,443

58,615

1,370

0

1,315

0

365

0

9,454

-

-

-

-

Impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

159

Depreciation, depletion and amortization

110,425

111,842

80,247

46,847

37,590

36,124

17,820

-

-

30,548

32,783

30,321

29,905

-

37,545

36,029

38,836

59,416

79,445

90,573

91,889

94,885

99,977

94,539

88,874

81,161

85,762

85,244

84,967

89,336

91,536

85,675

77,311

78,244

77,518

74,689

60,325

50,206

46,796

57,398

59,409

Loss (gain) on derivative financial instruments

61,899

19,790

24,858

14,744

-7,657

12,480

-2,015

-

-

2,168

1,430

5,295

7,860

-

0

18

656

-

-

-

-

10,938

12,033

-9,850

-4,946

1,933

-7,395

3,521

-6,447

-

-

-

-

-

-

-

-

-

-

-

-

Cash settlements of derivative financial instruments

-45,416

-19,302

-26,047

-1,947

-5,388

5,770

-191

-

-

-4,053

-3,456

-1,391

-505

-

0

-1,122

-998

-

-

-

-

-14,847

368

4,037

1,297

-652

3,560

-2,881

-2,320

-

-

-

-

-

-

-

-

-

-

-

-

Gain on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100,540

56,196

33,380

23,155

51,054

7,267

-2,735

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss (gain) from derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,112

34,797

-10,187

-

-

-

-

-

-

-

-

Amortization of debt discount, premium and issuance costs

7,199

7,068

6,009

1,623

1,574

1,582

822

-

-

10,966

9,914

9,565

5,435

-

3,880

1,252

1,281

1,192

1,388

1,503

1,061

957

957

1,020

1,163

1,272

1,584

1,631

1,587

1,588

1,586

1,159

944

382

948

938

1,465

602

608

624

602

Interest paid in-kind

-

-

-

-

-

-

-

-

-

9,879

9,600

9,354

9,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

1,430

1,661

1,088

623

648

665

329

-

-

1,468

1,640

1,550

1,265

-

1,078

1,163

1,330

2,088

2,079

2,090

1,892

2,855

2,845

2,734

2,263

3,224

3,121

3,222

3,218

3,539

3,329

3,325

3,535

4,074

3,946

3,850

3,162

4,447

4,388

4,309

4,233

Taxes related to equity award vesting

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-40

-393

-1,510

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess income taxes from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,098

-

-1

-273

-1,742

-20

-11

-265

-1,405

0

0

-125

-487

-12

-28

41

1,490

Decrease in accounts receivable

-54,297

45,184

-27,670

-9,951

-10,783

16,164

44,884

-

-

4,176

2,295

7,609

2,048

-

230

3,956

-4,287

-4,971

-8,152

-2,044

-15,081

-22,478

-9,148

6,390

23,015

-36,572

26,953

3,234

19,059

-3,740

5,454

-12,810

-5,070

4,811

-1,673

1,332

5,299

12,528

-9,550

-3,332

4,786

Decrease (increase) in other current assets

3,828

-

-

-

-1,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in other current assets

-

-

-

-

-

-

1,326

-

-

-

-238

1,270

-362

-

328

-237

-109

-820

308

124

-7,724

5,805

765

381

415

-3,016

-1,421

793

185

-741

-1,176

2,999

-110

-1,036

-10,729

7,338

1,116

1,358

8

-3,619

-45,817

Decrease in accounts payable and accrued expenses

-56,306

22,909

-22,534

23,538

-8,428

30,499

11,034

-

-

50,686

5,105

35,247

-11,025

-

-28,579

12,580

-21,444

4,045

-13,190

-53,267

15,897

-30,362

14,715

8,914

20,285

-48,006

60,222

-20,310

34,981

-37,850

21,361

-62,611

48,328

-17,670

1,697

-1,572

736

31,393

-6,850

11,721

13,505

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

3,207

-

-23,514

-165

-31,039

6,610

-762

-35,990

60,228

72,001

123,688

109,554

95,741

55,702

97,565

41,905

73,822

25,524

76,809

815

116,573

-

-

-

-

-

-

-

-

Net cash used for discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

-15

-31,245

23,530

11,007

6,991

7,903

16,607

-

-

-

-

-

-

-

-

Net cash provided by operating activities

150,119

168,431

109,780

98,311

74,715

98,693

3,609

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55,717

97,550

10,660

97,352

36,531

83,800

8,718

133,180

57,884

99,647

66,975

50,927

62,426

50,012

74,488

124,736

CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures

143,490

178,039

130,953

82,850

94,939

110,769

59,017

-

-

47,988

46,664

47,428

38,401

-

7,488

19,469

14,185

31,314

35,633

56,866

140,397

132,425

140,011

124,891

237,460

171,891

117,527

70,768

62,058

66,292

60,155

117,002

141,585

161,601

157,088

174,397

158,140

130,622

148,285

163,047

95,446

Prepaid drilling costs

-

-

-

-

-

-

4,768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance payments for drilling costs

-

-

-

-

-6,030

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of oil and gas properties

-

85

0

-25

415

57

13,739

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-629

0

775,658

-52,994

-53,309

-60,018

-22,457

-42,543

-

-

-

-

-

-

-

-

Net cash used for investing activities

-143,490

-177,937

-823,600

-80,808

-88,494

-111,588

-50,046

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-172,169

-117,704

704,890

-101,660

-119,601

-99,559

-18,137

-146,423

-501,538

-153,659

-162,490

-124,399

-45,319

-148,285

-151,423

-95,446

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sales of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,199

868

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,429

11,907

33,741

-

-

-

-

Proceeds from sales of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

13,392

-

-

0

37,705

-

-

-

-

-

-

-

-

Net cash used for investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-38,401

-

-7,488

-18,270

-13,317

-31,503

67,041

-56,866

-140,397

-132,425

-140,011

-124,891

-237,460

-171,540

-117,704

-70,768

-48,666

-66,292

-39,541

4,320

-103,880

-

-

-

-

-

-

-

-

Borrowings

57,000

40,000

815,000

27,000

45,000

0

450,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to retire debt

57,000

55,000

20,000

27,000

25,000

0

1,291,352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,884

5,982

5,983

5,980

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

134

0

348

945

Preferred stock dividends paid

9,572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Jones contribution

-

-

-

-

-

4,371

36,365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

50,000

0

740,000

70,000

25,000

125,750

150,000

210,000

0

60,000

35,000

85,000

40,000

380,912

10,000

450,000

55,000

95,000

370,000

-

-

-

-

Retirement of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37,815

82,527

5,288

415,000

-

-

-

-

297,775

0

512,225

25,000

-

-

-

-

0

0

0

287,000

-

-

-

-

Debt and equity issuance costs

47

448

7,999

80

90

63

6,288

-

-

-

-

-

-

-

9,835

78

15

0

86

145

15,970

0

7

2,467

50

2,728

1

4

11

8

166

6,473

62

1,901

0

0

6,577

-

-

-

-

Income tax withholdings related to equity awards

15

-

-

-

-

0

4,695

-

-

0

41

0

271

-

0

1

312

0

0

0

526

0

0

0

2,349

0

0

114

1,566

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes related to equity award vesting

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-101

-40

-393

-1,510

32

-68

79

-1,098

0

-1

-273

-1,742

-20

-11

-265

-1,405

0

0

-125

-487

-

-

-

-

Common stock warrants exercised

-

-

-

-

-

-

-

-

-

0

0

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess income taxes from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

-28

41

1,490

Net cash provided by (used for) financing activities

-9,634

-25,205

720,316

-80

19,910

4,308

-815,970

-

-

0

-41

1

-270

-

-9,826

-3,476

-327

-4,941

-32,653

-5,826

306,994

56,062

18,943

17,379

140,523

-108,934

-15,230

-458,657

6,681

84,972

14,823

9,174

8,533

447,570

55,000

94,875

75,936

-19,725

59,972

-2,611

2,435

Net increase (decrease) in cash and cash equivalents

-3,005

-34,711

6,496

17,423

6,131

-8,587

-862,407

-

-

35,863

-9,929

4,881

-35,464

-

-40,828

-21,911

-44,683

-29,834

33,626

-98,682

226,825

-4,362

2,620

2,042

-1,196

-225,386

-35,384

256,893

2,373

1,902

-936

-245

-4,710

3,916

988

-640

2,464

-2,618

-38,301

-79,546

31,725

Predecessor
Net income (loss)

-

-

-

-

-

-

-

-34,003

-41,886

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-146

572

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of oil and gas properties

-

-

-

-

-

-

-

-6,838

-28,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of oil and gas properties

-

-

-

-

-

-

-

-

-

43,990

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

-

-

-

-

26,798

27,152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on derivative financial instruments

-

-

-

-

-

-

-

-1,638

2,602

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash settlements of derivative financial instruments

-

-

-

-

-

-

-

-1,108

-1,404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and issuance costs

-

-

-

-

-

-

-

12,211

11,056

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid in-kind

-

-

-

-

-

-

-

10,169

9,845

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

-

-

-

-

-

-

-

1,508

1,601

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in accounts receivable

-

-

-

-

-

-

-

2,172

-1,455

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in other current assets

-

-

-

-

-

-

-

-169

-472

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in accounts payable and accrued expenses

-

-

-

-

-

-

-

41,324

-16,113

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

65,442

21,556

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

-

-

-

-

-

-

-

44,097

46,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used for) investing activities

-

-

-

-

-

-

-

57,357

-46,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings

-

-

-

-

-

-

-

34,679

15,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-15,409

14,635

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock used for tax withholdings

-

-

-

-

-

-

-

4

365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

107,390

-10,267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-