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STOCK REPURCHASE
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
STOCK REPURCHASE STOCK REPURCHASE:
As of March 31, 2025, the amount available under the current board-approved $2,900,000 stock repurchase program is $825,907 and it is not subject to an expiration date. The repurchases may be effected from time-to-time through open market purchases, privately negotiated transactions, Rule 10b5-1 plans, accelerated stock repurchases, block trades, derivative contracts or otherwise in compliance with Rule 10b-18. The timing of any repurchases will be based on a number of factors, including available liquidity, the Company's stock price, the Company's financial outlook, and alternative investment options. The stock repurchase program does not obligate the Company to repurchase any dollar amount or number of shares and the Board may modify, suspend, or discontinue its authorization of the program at any time. The Company's Board of Directors will continue to evaluate the size of the stock repurchase program based on CNX's free cash flow position, leverage ratio, and capital plans.
During the three months ended March 31, 2025, 4,186,185 shares were repurchased and retired at an average price of $29.88 per share for a total cost of $126,161. During the three months ended March 31, 2024, 2,384,994 shares were repurchased and retired at an average price of $20.14 per share for a total cost of $48,282. The one-percent excise tax under the Inflation Reduction Act of 2022 is included in total costs for both periods.