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DERIVATIVE INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2026
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:
March 31,December 31,Forecasted to
20262025Settle Through
Natural Gas Commodity Swaps (Bcf)867.1 929.8 2028
Natural Gas Basis Swaps (Bcf)557.3 585.5 2029
NGL Commodity Swaps (Mbbls)1,423.5180.02027
Schedule of Derivative Assets at Fair Value
The gross fair value of CNX's derivative instruments was as follows:
March 31, December 31,
20262025
Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$138,896 $74,064 
     NGL Commodity Swaps1,062 1,730 
     Natural Gas Basis Swaps24,614 30,274 
Total Current Assets$164,572 $106,068 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$163,113 $117,524 
     Natural Gas Basis Swaps21,148 16,872 
Total Other Non-Current Assets$184,261 $134,396 
Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$190,069 $323,169 
     NGL Commodity Swaps3,279 — 
     Natural Gas Basis Swaps50,973 54,776 
Total Current Liabilities$244,321 $377,945 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$66,047 $101,387 
     Natural Gas Basis Swaps41,897 56,981 
Total Non-Current Liabilities$107,944 $158,368 
Schedule of Derivative Liabilities at Fair Value
The gross fair value of CNX's derivative instruments was as follows:
March 31, December 31,
20262025
Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$138,896 $74,064 
     NGL Commodity Swaps1,062 1,730 
     Natural Gas Basis Swaps24,614 30,274 
Total Current Assets$164,572 $106,068 
Other Non-Current Assets:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$163,113 $117,524 
     Natural Gas Basis Swaps21,148 16,872 
Total Other Non-Current Assets$184,261 $134,396 
Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$190,069 $323,169 
     NGL Commodity Swaps3,279 — 
     Natural Gas Basis Swaps50,973 54,776 
Total Current Liabilities$244,321 $377,945 
Non-Current Liabilities:
  Commodity Derivative Instruments:
     Natural Gas Commodity Swaps$66,047 $101,387 
     Natural Gas Basis Swaps41,897 56,981 
Total Non-Current Liabilities$107,944 $158,368 
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position
The effect of commodity derivative instruments on the Company's Consolidated Statements of Income was as follows:
For the Three Months Ended
March 31,
20262025
Realized (Loss) Gain on Commodity Derivative Instruments:
Natural Gas Commodity Swaps$(196,693)$(83,477)
Natural Gas Basis Swaps(25,650)(24,846)
NGL Commodity Swaps743 (1,364)
Total Realized Loss on Commodity Derivative Instruments(221,600)*(109,687)**
Unrealized Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps209,606 (504,143)
Natural Gas Basis Swaps19,536 85,994 
NGL Commodity Swaps(3,561)(384)
Total Unrealized Gain (Loss) on Commodity Derivative Instruments225,581 (418,533)
Gain (Loss) on Commodity Derivative Instruments:
Natural Gas Commodity Swaps12,913 (587,620)
Natural Gas Basis Swaps(6,114)61,148 
NGL Commodity Swaps(2,818)(1,748)
Total Gain (Loss) on Commodity Derivative Instruments$3,981 $(528,220)
*Includes $14,470 of commodity derivatives that have been settled but not received and $6,021 settled but not paid at March 31, 2026, and excludes $58,387 that were settled but not paid at December 31, 2025.
**Includes $42,305 of commodity derivatives that have been settled but not paid at March 31, 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.