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DERIVATIVE INSTRUMENTS (Tables)
9 Months Ended
Sep. 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:
September 30,December 31,Forecasted to
20252024Settle Through
Natural Gas Commodity Swaps (Bcf)949.9 1,163.7 2028
Natural Gas Basis Swaps (Bcf)591.4 688.7 2028
NGL Commodity Swaps (Mbbls)364.0351.02026
Schedule of Derivative Assets at Fair Value
The gross fair value of CNX's derivative instruments was as follows:
September 30, December 31,
20252024
Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$63,027 $45,336 
     NGL Commodity Swaps1,604 90 
     Natural Gas Basis Swaps35,445 42,499 
Total Current Assets$100,076 $87,925 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$85,663 $117,875 
     Natural Gas Basis Swaps32,724 42,308 
Total Other Non-Current Assets$118,387 $160,183 
Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$264,746 $300,994 
     NGL Commodity Swaps— 839 
     Natural Gas Basis Swaps51,983 52,788 
Total Current Liabilities$316,729 $354,621 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$203,927 $364,662 
     Natural Gas Basis Swaps47,279 64,871 
Total Non-Current Liabilities$251,206 $429,533 
Schedule of Derivative Liabilities at Fair Value
The gross fair value of CNX's derivative instruments was as follows:
September 30, December 31,
20252024
Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$63,027 $45,336 
     NGL Commodity Swaps1,604 90 
     Natural Gas Basis Swaps35,445 42,499 
Total Current Assets$100,076 $87,925 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$85,663 $117,875 
     Natural Gas Basis Swaps32,724 42,308 
Total Other Non-Current Assets$118,387 $160,183 
Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$264,746 $300,994 
     NGL Commodity Swaps— 839 
     Natural Gas Basis Swaps51,983 52,788 
Total Current Liabilities$316,729 $354,621 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$203,927 $364,662 
     Natural Gas Basis Swaps47,279 64,871 
Total Non-Current Liabilities$251,206 $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 Nine Months Ended
September 30, September 30,
2025202420252024
Realized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps$4,061 $85,312 $(125,872)$258,096 
Natural Gas Basis Swaps17,591 8,797 3,633 531 
NGL Commodity Swaps728 554 (473)770 
Total Realized Gain (Loss) on Commodity Derivative Instruments22,380 94,663 (122,712)*259,397 **
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps234,645 69,688 154,522 (30,679)
Natural Gas Basis Swaps(125,257)(77,905)(9,292)(118,190)
NGL Commodity Swaps(73)2,518 2,078 59 
Total Unrealized Gain (Loss) on Commodity Derivative Instruments109,315 (5,699)147,308 (148,810)
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps238,706 155,000 28,650 227,417 
Natural Gas Basis Swaps(107,666)(69,108)(5,659)(117,659)
NGL Commodity Swaps655 3,072 1,605 829 
Total Gain on Commodity Derivative Instruments$131,695 $88,964 $24,596 $110,587 
*Includes $18,362 of commodity derivatives that have been settled but not received at September 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 $30,891 of commodity derivatives that have been settled but not received at September 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 Nine Months Ended
September 30, September 30,
2025202420252024
Cash Received in Settlement of Interest Rate Swaps$— $— $— $1,103 
Unrealized Loss on Interest Rate Swaps— — — (1,099)
Gain on Interest Rate Swaps$— $— $— $