XML 19 R8.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net Income $ 436,910 $ 54,130
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation, Depletion and Amortization 428,979 357,418
Amortization of Deferred Financing Costs 8,083 8,722
Stock-Based Compensation 19,065 15,745
(Gain) Loss on Asset Sales and Abandonments, net (94,759) 8,912
Loss on Debt Extinguishment 0 7,043
Gain on Commodity Derivative Instruments (24,596) (110,587)
Loss on Other Derivative Instruments 0 1,099
Net Cash (Paid) Received in Settlement of Commodity Derivative Instruments (161,977) 234,347
Deferred Income Taxes 140,140 16,191
Other 1,842 1,001
Changes in Operating Assets:    
Accounts and Notes Receivable 49,036 (16,010)
Supplies Inventories (16,250) 6,881
Prepaid Expenses (1,575) (4,275)
Changes in Other Assets 22,883 (46,337)
Changes in Operating Liabilities:    
Accounts Payable (17,974) (4,648)
Accrued Interest (15,393) (15,126)
Other Operating Liabilities (20,388) (13,075)
Changes in Other Liabilities (22,118) 45,551
Net Cash Provided by Operating Activities 731,908 546,982
Cash Flows from Investing Activities:    
Capital Expenditures (320,574) (434,837)
Proceeds from Asset Sales 105,207 24,152
Investment in Equity Affiliates (3,303) (3,562)
Apex Acquisition (Net of Cash Acquired) (517,599) 0
Net Cash Used in Investing Activities (736,269) (414,247)
Cash Flows from Financing Activities:    
Payments on Long-Term Notes 0 (356,504)
Payments on Other Debt (3,089) (1,722)
Proceeds from Issuance of Common Stock 986 1,208
Shares Withheld for Taxes (13,840) (18,181)
Purchases of Common Stock (423,226) (159,197)
Debt Issuance and Financing Fees (960) (15,172)
Net Cash Used in Financing Activities (33,379) (131,868)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (37,740) 867
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 55,073 443
Cash, Cash Equivalents and Restricted Cash at End of Period 17,333 1,310
CNXM Revolving Credit Facility    
Cash Flows from Financing Activities:    
Net Proceeds from Revolving Credit Facility 252,925 193,550
Net Payments on Revolving Credit Facility (248,475) (272,050)
CNX Revolving Credit Facility    
Cash Flows from Financing Activities:    
Net Proceeds from Revolving Credit Facility 1,574,600 939,700
Net Payments on Revolving Credit Facility (1,370,800) (838,500)
CNX Senior Notes    
Cash Flows from Financing Activities:    
Proceeds from Issuance of CNX Senior Notes $ 198,500 $ 395,000