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DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2025
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:
June 30,December 31,Forecasted to
20252024Settle Through
Natural Gas Commodity Swaps (Bcf)1,023.4 1,163.7 2028
Natural Gas Basis Swaps (Bcf)615.0 688.7 2028
NGL Commodity Swaps (Mbbls)548.0351.02026
Schedule of Derivative Assets at Fair Value
The gross fair value of CNX's derivative instruments was as follows:
June 30, December 31,
20252024
Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$29,506 $45,336 
     NGL Commodity Swaps1,571 90 
     Natural Gas Basis Swaps76,324 42,499 
Total Current Assets$107,401 $87,925 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$93,794 $117,875 
     Natural Gas Basis Swaps73,767 42,308 
Total Other Non-Current Assets$167,561 $160,183 
Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$373,176 $300,994 
     NGL Commodity Swaps— 839 
     Natural Gas Basis Swaps29,936 52,788 
Total Current Liabilities$403,112 $354,621 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$317,279 $364,662 
     Natural Gas Basis Swaps25,334 64,871 
Total Non-Current Liabilities$342,613 $429,533 
Schedule of Derivative Liabilities at Fair Value
The gross fair value of CNX's derivative instruments was as follows:
June 30, December 31,
20252024
Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$29,506 $45,336 
     NGL Commodity Swaps1,571 90 
     Natural Gas Basis Swaps76,324 42,499 
Total Current Assets$107,401 $87,925 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$93,794 $117,875 
     Natural Gas Basis Swaps73,767 42,308 
Total Other Non-Current Assets$167,561 $160,183 
Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$373,176 $300,994 
     NGL Commodity Swaps— 839 
     Natural Gas Basis Swaps29,936 52,788 
Total Current Liabilities$403,112 $354,621 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$317,279 $364,662 
     Natural Gas Basis Swaps25,334 64,871 
Total Non-Current Liabilities$342,613 $429,533 
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position
The effect of commodity derivative instruments on the Company's Consolidated Statements of Income was as follows:
For the Three Months EndedFor the Six Months Ended
June 30, June 30,
2025202420252024
Realized (Loss) Gain on Commodity Derivative Instruments:
Natural Gas Commodity Swaps$(46,455)$112,476 $(129,932)$172,785 
Natural Gas Basis Swaps10,888 (2,546)(13,958)(8,266)
NGL Commodity Swaps163 152 (1,201)215 
Total Realized (Loss) Gain on Commodity Derivative Instruments(35,404)110,082 (145,091)*164,734 **
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps424,019 (150,881)(80,124)(100,368)
Natural Gas Basis Swaps29,971 55,636 115,965 (40,285)
NGL Commodity Swaps2,535 (742)2,151 (2,458)
Total Unrealized Gain (Loss) on Commodity Derivative Instruments456,525 (95,987)37,992 (143,111)
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps377,564 (38,405)(210,056)72,417 
Natural Gas Basis Swaps40,859 53,090 102,007 (48,551)
NGL Commodity Swaps2,698 (590)950 (2,243)
Total Gain (Loss) on Commodity Derivative Instruments$421,121 $14,095 $(107,099)$21,623 
*Includes $7,961 of commodity derivatives that have been settled but not received and $1,573 that were settled but not paid at June 30, 2025, and excludes $2,309 of commodity derivatives that were settled but not received and $23,212 that were settled but not paid at December 31, 2024.
**Includes $24,183 of commodity derivatives that have been settled but not received at June 30, 2024, and excludes $6,741 of commodity derivatives that were settled but not received and $900 that were settled but not paid at December 31, 2023.

The effect of interest rate swaps on Interest Expense in the Company's Consolidated Statements of Income was as follows:
For the Three Months EndedFor the Six Months Ended
June 30, June 30,
2025202420252024
Cash (Paid) Received in Settlement of Interest Rate Swaps$— $(112)$— $1,103 
Unrealized Gain (Loss) on Interest Rate Swaps— 112 — (1,099)
Gain on Interest Rate Swaps$— $— $— $