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Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The total notional amounts of CNX's derivative instruments were as follows:

			December 31,												Forecasted to
			2023						2022						Settle Through
Natural Gas Commodity Swaps (Bcf)			1,349.2						1,607.9						2027
Natural Gas Basis Swaps (Bcf)			760.3						1,023.7						2027
Propane Commodity Swaps (Mbbls)			81.0						$	—					2024
Interest Rate Swaps			$	410,000					$	410,000					2024

Schedule of Derivative Liabilities at Fair Value

The gross fair value of CNX's derivative instruments was as follows:

			December 31,
			2023						2022
Current Assets:
Commodity Derivative Instruments:
Commodity Swaps			$	168,532					$	21,759
Propane Swaps			1,003						—
Basis Only Swaps			77,540						118,115
Interest Rate Swaps			5,449						14,600
Total Current Assets			$	252,524					$	154,474
Other Non-Current Assets:
Commodity Derivative Instruments:
Commodity Swaps			$	166,701					$	42,786
Basis Only Swaps			113,829						197,280
Interest Rate Swaps			—						4,865
Total Other Non-Current Assets			$	280,530					$	244,931
Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps			$	47,279					$	732,717
Basis Only Swaps			9,473						38,559
Interest Rate Swaps			4,350						11,377
Total Current Liabilities			$	61,102					$	782,653
Non-Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps			$	484,357					$	1,466,124
Basis Only Swaps			42,197						47,370
Interest Rate Swaps			—						3,527
Total Non-Current Liabilities			$	526,554					$	1,517,021

Schedule of Derivative Assets at Fair Value

The gross fair value of CNX's derivative instruments was as follows:

			December 31,
			2023						2022
Current Assets:
Commodity Derivative Instruments:
Commodity Swaps			$	168,532					$	21,759
Propane Swaps			1,003						—
Basis Only Swaps			77,540						118,115
Interest Rate Swaps			5,449						14,600
Total Current Assets			$	252,524					$	154,474
Other Non-Current Assets:
Commodity Derivative Instruments:
Commodity Swaps			$	166,701					$	42,786
Basis Only Swaps			113,829						197,280
Interest Rate Swaps			—						4,865
Total Other Non-Current Assets			$	280,530					$	244,931
Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps			$	47,279					$	732,717
Basis Only Swaps			9,473						38,559
Interest Rate Swaps			4,350						11,377
Total Current Liabilities			$	61,102					$	782,653
Non-Current Liabilities:
Commodity Derivative Instruments:
Commodity Swaps			$	484,357					$	1,466,124
Basis Only Swaps			42,197						47,370
Interest Rate Swaps			—						3,527
Total Non-Current Liabilities			$	526,554					$	1,517,021

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The effect of commodity derivative instruments on the Company's Consolidated Statements of Income was as follows:

			For the Years Ended December 31,
			2023						2022						2021
Realized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps			$	62,567					$	(1,971,287)					$	(596,619)
Natural Gas Basis Swaps			98,582						158,510						57,603
Propane Swaps			1,877						—						—
Total Realized Gain (Loss) on Commodity Derivative Instruments			163,026			*			(1,812,777)			**			(539,016)
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps			1,858,060						(922,424)						(1,240,827)
Natural Gas Basis Swaps			(93,222)						71,426						147,110
Propane Swaps			788						—						—
Total Unrealized Gain (Loss) on Commodity Derivative Instruments			1,765,626						(850,998)						(1,093,717)
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps			1,920,627						(2,893,711)						(1,837,446)
Natural Gas Basis Swaps			5,360						229,936						204,713
Propane Swaps			2,665						—						—
Total Gain (Loss) on Commodity Derivative Instruments			$	1,928,652					$	(2,663,775)					$	(1,632,733)

*Includes $6,741 of derivatives that have been settled but not received and $900 that have been settled but not paid at December 31, 2023, and excludes $77,662 of gas derivatives that were settled but not paid at December 31, 2022.

**Includes $77,662 of gas derivatives that were settled but not paid at December 31, 2022.

The effect of interest rate swaps on Interest Expense in the Company's Consolidated Statements of Income was as follows:

			For the Years Ended December 31,
			2023						2022						2021
Cash Received (Paid) in Settlement of Interest Rate Swaps			$	4,207					$	(1,572)					$	(5,574)
Unrealized (Loss) Gain on Interest Rate Swaps			(3,463)						10,348						8,485
Gain on Interest Rate Swaps			$	744					$	8,776					$	2,911

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-Name Accounting Standards Codification
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-Section 50
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