XML 18 R8.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net Income (Loss) $ 1,206,731 $ (1,316,657)
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:    
Depreciation, Depletion and Amortization 320,758 348,970
Amortization of Deferred Financing Costs 6,943 6,163
Stock-Based Compensation 16,049 14,882
Gain on Asset Sales and Abandonments, net (120,992) (7,558)
Loss on Debt Extinguishment 0 22,934
(Gain) Loss on Commodity Derivative Instruments (1,352,442) 3,441,389
Loss (Gain) on Other Derivative Instruments 2,231 (10,047)
Net Cash Received (Paid) in Settlement of Commodity Derivative Instruments 18,521 (1,452,219)
Deferred Income Taxes 372,389 (159,134)
Other (694) 3,969
Changes in Operating Assets:    
Accounts and Notes Receivable 263,251 (150,097)
Recoverable Income Taxes 0 72
Supplies Inventories 7,149 (13,503)
Prepaid Expenses 2,120 (1,434)
Changes in Other Assets 267 21,642
Changes in Operating Liabilities:    
Accounts Payable (1,202) 27,824
Accrued Interest (9,287) (15,840)
Other Operating Liabilities (77,807) 36,022
Changes in Other Liabilities (528) (4,634)
Net Cash Provided by Operating Activities 653,457 792,744
Cash Flows from Investing Activities:    
Capital Expenditures (571,655) (392,537)
Proceeds from Asset Sales 161,937 30,571
Net Cash Used in Investing Activities (409,718) (361,966)
Cash Flows from Financing Activities:    
Payments on Long-Term Notes 0 (385,719)
Payments on Other Debt (1,134) (475)
Proceeds from Issuance of Common Stock 1,654 1,118
Shares Withheld for Taxes (9,480) (5,672)
Purchases of Common Stock (206,441) (350,019)
Debt Issuance and Financing Fees (356) (1,532)
Net Cash Used in Financing Activities (256,407) (432,749)
Net Decrease in Cash and Cash Equivalents (12,668) (1,971)
Cash and Cash Equivalents at Beginning of Period 21,321 3,565
Cash and Cash Equivalents at End of Period 8,653 1,594
CNXM Revolving Credit Facility    
Cash Flows from Financing Activities:    
Net Proceeds from Revolving Credit Facility 214,850 234,200
Net Payments on Revolving Credit Facility (280,500) (271,050)
CNX Revolving Credit Facility    
Cash Flows from Financing Activities:    
Net Proceeds from Revolving Credit Facility 1,186,301 2,700,975
Net Payments on Revolving Credit Facility (1,161,301) (2,848,325)
CNX Senior Notes    
Cash Flows from Financing Activities:    
Proceeds from Issuance of CNX Senior Notes $ 0 $ 493,750