peer group. The compensation consultant recommended that larger peer companies including Newfield Exploration, QEP Resources, Whiting Petroleum and WPX Energy, should be removed from our peer group and smaller companies including Approach Resources, Carrizo Oil & Gas, Kodiak Oil & Gas, Laredo Petroleum, Oasis Petroleum, Quicksilver Resources, Rosetta Resources, and Stone Energy should be added to our peer group. The compensation committee approved our New Peer Group, which consists of Approach Resources. Inc., Bill Barrett Corporation, Carrizo Oil & Gas Inc., Cimarex Energy Co., Forest Oil Corp., Kodiac Oil & Gas Corp., Laredo Petroleum Holdings Inc., Oasis Petroleum Inc., PDC Energy Inc., Quicksilver Resources Inc., Rosetta Resources Inc., SM Energy, Inc., Stone Energy Corporation, Swift Energy Co., and Ultra Petroleum Corp. The following graph compares the yearly percentage change in the cumulative total stockholder return on our common stock during the five years ended December 31, 2013 with the cumulative return on the New York Stock Exchange Index, the cumulative return for our New Peer Group, and the cumulative return for our Prior Peer Group. The graph assumes that $100.00 was invested on the last trading day of 2008, and that dividends, if any, were reinvested. COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN (1)(2) Among Comstock Resources, the NYSE Composite Index, Our New Peer Group, and our Prior Peer Group (1) $100 invested on December 31, 2008 in stock or index, including reinvestment of dividends, fiscal year ending December 31. (2) The data contained in the above graph is deemed to be furnished and not filed pursuant to Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. 12/08 12/09 12/10 12/11 12/12 12/13 $0 $50 $100 $150 $200 $250 Comstock Resources NYSE Composite New Peer Group Prior Peer Group As of December 31, Total Return Analysis 2008 2009 2010 2011 2012 2013 Comstock Resources ......................... $100.00 $ 85.86 $ 51.98 $ 32.38 $ 32.00 $ 39.63 NYSE Composite ............................ $100.00 $128.28 $145.46 $139.87 $162.23 $204.87 New Peer Group ............................. $100.00 $165.77 $229.92 $185.35 $146.22 $210.24 Prior Peer Group ............................ $100.00 $168.49 $237.26 $173.95 $142.82 $198.94 44