Comstock Resources delivered strong Q3 results, characterized by a notable increase in natural gas sales to $335 million, driven by heightened demand and strategic divestitures aimed at bolstering the company's financial position.

• Achieved adjusted net income of $28 million ($0.09 per diluted share), reversing losses from Q3 2024.
• Production averaged 1.22 Bcfe/day, with new wells contributing to future growth in the Western Haynesville area.
• Completed the sale of nonstrategic assets, including Cotton Valley wells for $15.2 million and pending divestiture of Shelby Trough properties for $430 million.
• EBITDAX for the quarter reached $249 million, reflecting strong operational efficiency and higher commodity prices.
• Continued focus on drilling efficiency, with costs averaging $1,229 per lateral foot, positioning Comstock competitively in the basin.