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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Derivative Instruments The total notional amounts of CNX's derivative instruments were as follows:
March 31,December 31,Forecasted to
20232022Settle Through
Natural Gas Commodity Swaps (Bcf)1,631.9 1,607.9 2027
Natural Gas Basis Swaps (Bcf)1,005.5 1,023.7 2027
Propane Commodity Swaps (Mbbls)292.0— 2024
Interest Rate Swaps$410,000 $410,000 2024
Schedule of Derivative Assets at Fair Value The gross fair value of CNX's derivative instruments was as follows:
March 31, December 31,
20232022
Current Assets:
  Commodity Derivative Instruments:
     Commodity Swaps$106,198 $21,759 
     Propane Swaps631 — 
     Basis Only Swaps38,618 118,115 
  Interest Rate Swaps14,347 14,600 
Total Current Assets$159,794 $154,474 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Commodity Swaps$85,035 $42,786 
     Basis Only Swaps122,480 197,280 
  Interest Rate Swaps1,418 4,865 
Total Other Non-Current Assets$208,933 $244,931 
Current Liabilities:
  Commodity Derivative Instruments:
     Commodity Swaps$185,159 $732,717 
     Propane Swaps33 — 
     Basis Only Swaps46,407 38,559 
  Interest Rate Swaps11,301 11,377 
Total Current Liabilities$242,900 $782,653 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Commodity Swaps$1,081,287 $1,466,124 
     Basis Only Swaps42,735 47,370 
  Interest Rate Swaps862 3,527 
Total Non-Current Liabilities$1,124,884 $1,517,021 
Schedule of Derivative Liabilities at Fair Value The gross fair value of CNX's derivative instruments was as follows:
March 31, December 31,
20232022
Current Assets:
  Commodity Derivative Instruments:
     Commodity Swaps$106,198 $21,759 
     Propane Swaps631 — 
     Basis Only Swaps38,618 118,115 
  Interest Rate Swaps14,347 14,600 
Total Current Assets$159,794 $154,474 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Commodity Swaps$85,035 $42,786 
     Basis Only Swaps122,480 197,280 
  Interest Rate Swaps1,418 4,865 
Total Other Non-Current Assets$208,933 $244,931 
Current Liabilities:
  Commodity Derivative Instruments:
     Commodity Swaps$185,159 $732,717 
     Propane Swaps33 — 
     Basis Only Swaps46,407 38,559 
  Interest Rate Swaps11,301 11,377 
Total Current Liabilities$242,900 $782,653 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Commodity Swaps$1,081,287 $1,466,124 
     Basis Only Swaps42,735 47,370 
  Interest Rate Swaps862 3,527 
Total Non-Current Liabilities$1,124,884 $1,517,021 
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position
The effect of commodity derivative instruments on the Company's Consolidated Statements of Income was as follows:
For the Three Months Ended
March 31,
20232022
Realized (Loss) Gain on Commodity Derivative Instruments:
Natural Gas Commodity Swaps$(49,926)$(271,819)
Natural Gas Basis Swaps(11,106)977 
Total Realized Loss on Commodity Derivative Instruments(61,032)(270,842)
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps980,836 (1,654,113)
Natural Gas Basis Swaps(158,235)198,561 
Propane Swaps598 — 
Total Unrealized Gain (Loss) on Commodity Derivative Instruments823,199 (1,455,552)
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps930,910 (1,925,932)
Natural Gas Basis Swaps(169,341)199,538 
Propane Swaps598 — 
Total Gain (Loss) on Commodity Derivative Instruments$762,167 $(1,726,394)

The effect of interest rate swaps on Interest Expense in the Company's Consolidated Statements of Income was as follows:
For the Three Months Ended
March 31,
20232022
Cash Received (Paid) in Settlement of Interest Rate Swaps$799 $(937)
Unrealized (Loss) Gain on Interest Rate Swaps(960)5,223 
(Loss) Gain on Interest Rate Swaps$(161)$4,286