v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash Flows from Operating Activities:          
Net Income $ 202,943 $ 432,521 $ 551,090 $ 234,806  
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:          
Depreciation, Depletion and Amortization 136,232 152,595 270,845 279,657  
Amortization of Deferred Financing Costs     4,702 5,370  
Stock-Based Compensation     11,510 13,900  
Gain on Asset Sales and Abandonments, net     (5,740) (27,298)  
Loss on Debt Extinguishment 0 0 12,009 0  
(Gain) Loss on Commodity Derivative Instruments (176,336) (421,121) (180,317) 107,099  
Net Cash Paid in Settlement of Commodity Derivative Instruments     (247,976) (172,382)  
Deferred Income Taxes     111,659 65,303  
Other     1,108 491  
Changes in Operating Assets:          
Accounts and Notes Receivable     110,488 9,771  
Supplies Inventories     (6,308) (24,746)  
Prepaid Expenses     (1,241) (1,066)  
Changes in Other Assets     14,702 23,174  
Changes in Operating Liabilities:          
Accounts Payable     (13,853) (57)  
Accrued Interest     (4,649) 5,916  
Other Operating Liabilities     (53,402) 381  
Changes in Other Liabilities     (17,595) (22,172)  
Net Cash Provided by Operating Activities     557,032 498,147  
Cash Flows from Investing Activities:          
Capital Expenditures     (311,906) (245,030)  
Proceeds from Asset Sales     32,795 37,413  
Investment in Equity Affiliates     (565) (3,303)  
Apex Acquisition (Net of Cash Acquired)     (10,255) (517,599)  
Net Cash Used in Investing Activities     (289,931) (728,519)  
Cash Flows from Financing Activities:          
Payments on Long-Term Notes     (507,965) 0  
Payments on Other Debt     (2,417) (1,907)  
Proceeds from Issuance of Common Stock     3,251 930  
Shares Withheld for Taxes     (15,216) (13,492)  
Purchases of Common Stock     (254,438) (240,852)  
Debt Issuance and Financing Fees     (8,090) (939)  
Net Cash (Used in) Provided by Financing Activities     (271,975) 191,190  
Net Decrease in Cash, Cash Equivalents and Restricted Cash     (4,874) (39,182)  
Cash, Cash Equivalents and Restricted Cash at Beginning of Period     13,464 55,073 $ 55,073
Cash, Cash Equivalents and Restricted Cash at End of Period $ 8,590 $ 15,891 8,590 15,891 $ 13,464
CNXM Revolving Credit Facility          
Cash Flows from Financing Activities:          
Net Proceeds from Revolving Credit Facility     204,100 180,425  
Net Payments on Revolving Credit Facility     (146,850) (174,475)  
CNX Revolving Credit Facility          
Cash Flows from Financing Activities:          
Net Proceeds from Revolving Credit Facility     1,019,350 1,138,250  
Net Payments on Revolving Credit Facility     (1,063,700) (895,250)  
CNX Senior Notes          
Cash Flows from Financing Activities:          
Proceeds from Issuance of CNX Senior Notes     $ 500,000 $ 198,500