Comstock Resources, Inc. (CRK) has a new 5%+ shareholder disclosure. Key Group Long Term Investments LP and Sunil Jagwani report beneficial ownership of 15,042,600 shares of Comstock common stock, representing 5.1% of the outstanding class. Both reporting persons state they have shared voting and dispositive power over all of these shares and no sole voting or dispositive power.
The filing is made on a Schedule 13G basis, and the certifying language states that the securities were not acquired and are not held for the purpose of changing or influencing control of Comstock Resources. Each reporting person also formally disclaims beneficial ownership of the securities beyond any pecuniary interest.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Comstock Resources, Inc.
(Name of Issuer)
Common Stock, par value $0.50 (per share)
(Title of Class of Securities)
205768302
(CUSIP Number)
11/26/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
205768302
1
Names of Reporting Persons
KEY GROUP LONG TERM INVESTMENTS LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
BAHAMAS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,042,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,042,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,042,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
205768302
1
Names of Reporting Persons
SUNIL JAGWANI
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
INDIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
15,042,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
15,042,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
15,042,600.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Comstock Resources, Inc.
(b)
Address of issuer's principal executive offices:
5300 Town and Country Blvd., Suite 500, Frisco, TX 75034
Item 2.
(a)
Name of person filing:
Key Group Long Term Investments LP
Sunil Jagwani
(b)
Address or principal business office or, if none, residence:
Key Group Long Term Investments LP
c/o McKinney Bancroft & Hughes
Mareva House, 4 George Street
Nassau, Bahamas
Sunil Jagwani
3C Caves Point
West Bay Street
Nassau, Bahamas
(c)
Citizenship:
Key Group Long Term Investments LP - Other - Bahamas
Sunil Jagwani - Other - India
(d)
Title of class of securities:
Common Stock, par value $0.50 (per share)
(e)
CUSIP No.:
205768302
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Key Group Long Term Investments LP - 15,042,600
Sunil Jagwani - 15,042,600
(b)
Percent of class:
Key Group Long Term Investments LP - 5.1%
Sunil Jagwani - 5.1%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Key Group Long Term Investments LP - 0
Sunil Jagwani - 0
(ii) Shared power to vote or to direct the vote:
Key Group Long Term Investments LP - 15,042,600
Sunil Jagwani - 15,042,600
(iii) Sole power to dispose or to direct the disposition of:
Key Group Long Term Investments LP - 0
Sunil Jagwani - 0
(iv) Shared power to dispose or to direct the disposition of:
Key Group Long Term Investments LP - 15,042,600
Sunil Jagwani - 15,042,600
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
KEY GROUP LONG TERM INVESTMENTS LP
Signature:
By: /s/ Sunil Jagwani
Name/Title:
Sunil Jagwani, General Partner
Date:
12/03/2025
SUNIL JAGWANI
Signature:
By: /s/ Sunil Jagwani
Name/Title:
Sunil Jagwani
Date:
12/03/2025
Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification
Who filed this Schedule 13G related to Comstock Resources (CRK)?
The Schedule 13G was filed by Key Group Long Term Investments LP and Sunil Jagwani as the reporting persons for Comstock Resources common stock.
How many Comstock Resources (CRK) shares do the reporting persons beneficially own?
Key Group Long Term Investments LP and Sunil Jagwani each report beneficial ownership of 15,042,600 shares of Comstock Resources common stock.
What percentage of Comstock Resources (CRK) does 15,042,600 shares represent?
The reported 15,042,600 shares represent 5.1% of the outstanding class of Comstock Resources common stock for each reporting person.
Do the reporting persons have sole or shared voting power over the CRK shares?
Both Key Group Long Term Investments LP and Sunil Jagwani report 0 shares with sole voting or dispositive power and 15,042,600 shares with shared voting and shared dispositive power.
Is this Comstock Resources (CRK) stake filed as a passive investment?
Yes. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control of Comstock Resources, consistent with a passive Schedule 13G filing.
What are the citizenships of the Comstock Resources (CRK) reporting holders?
Key Group Long Term Investments LP is organized in the Bahamas, and Sunil Jagwani is a citizen of India.