CNX Resources Corp
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 2024
CNX$36.93+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at March and December 31,
CONSOLIDATED BALANCE SHEETS
| (Unaudited) | ||
|---|---|---|
| (Dollars in thousands) | March 31,2024 | December 31,2023 |
| ASSETS | ||
| Current Assets: | ||
| Cash and Cash Equivalents | $1,988 | $443 |
| Accounts and Notes Receivable: | ||
| Trade, net | 91,093 | 116,119 |
| Other Receivables, net | 43,604 | 17,872 |
| Supplies Inventories | 14,368 | 19,846 |
| Derivative Instruments | 290,171 | 252,524 |
| Prepaid Expenses | 19,218 | 14,984 |
| Total Current Assets | 460,442 | 421,788 |
| Property, Plant and Equipment: | ||
| Property, Plant and Equipment | 12,662,876 | 12,537,118 |
| Less—Accumulated Depreciation, Depletion and Amortization | 5,301,316 | 5,194,485 |
| Total Property, Plant and Equipment—Net | 7,361,560 | 7,342,633 |
| Other Non-Current Assets: | ||
| Operating Lease Right-of-Use Assets | 125,821 | 139,466 |
| Derivative Instruments | 223,941 | 280,530 |
| Goodwill | 323,314 | 323,314 |
| Other Intangible Assets | 68,800 | 70,438 |
| Other | 92,764 | 48,488 |
| Total Other Non-Current Assets | 834,640 | 862,236 |
| TOTAL ASSETS | $8,656,642 | $8,626,657 |
CONSOLIDATED BALANCE SHEETS
| (Unaudited) | ||
|---|---|---|
| (Dollars in thousands, except per share data) | March 31,2024 | December 31,2023 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Accounts Payable | $163,016 | $147,361 |
| Derivative Instruments | 117,400 | 61,102 |
| Current Portion of Finance Lease Obligations | 1,897 | 1,862 |
| Current Portion of Long-Term Debt | 326,187 | 325,668 |
| Current Portion of Operating Lease Obligations | 51,986 | 53,791 |
| Other Accrued Liabilities | 213,616 | 233,214 |
| Total Current Liabilities | 874,102 | 822,998 |
| Non-Current Liabilities: | ||
| Long-Term Debt | 1,942,508 | 1,888,706 |
| Finance Lease Obligations | 5,419 | 5,500 |
| Operating Lease Obligations | 77,162 | 89,531 |
| Derivative Instruments | 475,589 | 526,554 |
| Deferred Income Taxes | 724,643 | 729,454 |
| Asset Retirement Obligations | 105,527 | 105,315 |
| Other | 142,372 | 97,582 |
| Total Non-Current Liabilities | 3,473,220 | 3,442,642 |
| TOTAL LIABILITIES | 4,347,322 | 4,265,640 |
| Stockholders’ Equity: | ||
| Common Stock, $.01 Par Value; 500,000,000 Shares Authorized, 153,275,909 Issued and Outstanding at March 31, 2024; 154,382,880 Issued and Outstanding at December 31, 2023 | 1,534 | 1,548 |
| Capital in Excess of Par Value | 2,373,114 | 2,384,910 |
| Preferred Stock, 15,000,000 shares authorized, None issued and outstanding | — | — |
| Retained Earnings | 1,941,892 | 1,981,860 |
| Accumulated Other Comprehensive Loss | (7,220) | (7,301) |
| TOTAL STOCKHOLDERS' EQUITY | 4,309,320 | 4,361,017 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $8,656,642 | $8,626,657 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.