XML 19 R8.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net Income $ 54,130 $ 1,206,731
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation, Depletion and Amortization 357,418 320,758
Amortization of Deferred Financing Costs 8,722 6,943
Stock-Based Compensation 15,745 16,049
Loss (Gain) on Asset Sales and Abandonments, net 8,912 (120,992)
Loss on Debt Extinguishment 7,043 0
Gain on Commodity Derivative Instruments (110,587) (1,352,442)
Loss on Other Derivative Instruments 1,099 2,231
Net Cash Received in Settlement of Commodity Derivative Instruments 234,347 18,521
Deferred Income Taxes 16,191 372,389
Other 1,001 (694)
Changes in Operating Assets:    
Accounts and Notes Receivable (16,010) 263,251
Supplies Inventories 6,881 7,149
Prepaid Expenses (4,275) 2,120
Changes in Other Assets (46,337) 267
Changes in Operating Liabilities:    
Accounts Payable (4,648) (1,202)
Accrued Interest (15,126) (9,287)
Other Operating Liabilities (13,075) (77,807)
Changes in Other Liabilities 45,551 (528)
Net Cash Provided by Operating Activities 546,982 653,457
Cash Flows from Investing Activities:    
Capital Expenditures (434,837) (571,655)
Proceeds from Asset Sales 24,152 161,937
Investments in Equity Affiliates (3,562) 0
Net Cash Used in Investing Activities (414,247) (409,718)
Cash Flows from Financing Activities:    
Payments on Long-Term Notes (356,504) 0
Payments on Other Debt (1,722) (1,134)
Proceeds from Issuance of Common Stock 1,208 1,654
Shares Withheld for Taxes (18,181) (9,480)
Purchases of Common Stock (159,197) (206,441)
Debt Issuance and Financing Fees (15,172) (356)
Net Cash Used in Financing Activities (131,868) (256,407)
Net Increase (Decrease) in Cash and Cash Equivalents 867 (12,668)
Cash and Cash Equivalents at Beginning of Period 443 21,321
Cash and Cash Equivalents at End of Period 1,310 8,653
CNXM Revolving Credit Facility    
Cash Flows from Financing Activities:    
Net Proceeds from Revolving Credit Facility 193,550 214,850
Net Payments on Revolving Credit Facility (272,050) (280,500)
CNX Revolving Credit Facility    
Cash Flows from Financing Activities:    
Net Proceeds from Revolving Credit Facility 939,700 1,186,301
Net Payments on Revolving Credit Facility (838,500) (1,161,301)
CNX Senior Notes    
Cash Flows from Financing Activities:    
Proceeds from Issuance of CNX Senior Notes $ 395,000 $ 0