XML 74 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues and Other Operating Income:        
Gain on Commodity Derivative Instruments $ 213,913 $ 18,005 $ 240,118 $ 78,752
Other Operating Income 3,316 3,903 9,436 23,146
Total Revenue 529,997 397,126 1,413,460 1,294,979
Operating Expense        
Lease Operating Expense 14,202   52,706  
Lease Operating Expense   16,202   78,350
Production, Ad Valorem, and Other Fees 6,127 7,342 20,103 24,277
Depreciation, Depletion and Amortization 120,459 119,585 374,619 363,338
Purchased Gas Costs 27,490 10,602 62,476 37,404
Impairment of Other Intangible Assets 0 0 0 18,650
Selling, General, and Administrative Costs 24,307 32,435 109,016 98,693
Other Operating Expense 19,746 17,405 61,197 51,238
Total Operating Expense 298,599 275,799 939,234 912,286
Other Expense (Income)        
Other Expense (Income) 3,439 1,105 2,757 (4,812)
Gain on Asset Sales and Abandonments (3,308) (134,320) (610) (148,942)
Gain on Previously Held Equity Interest 0 0 0 (623,663)
Loss on Debt Extinguishment 0 15,385 7,614 54,433
Interest Expense 38,405 35,723 114,328 112,712
Total Other Expense (Income) 38,536 (82,107) 124,089 (610,272)
Total Costs and Expenses 337,135 193,692 1,063,323 302,014
Earnings Before Income Tax 192,862 203,434 350,137 992,965
Income Tax Expense 48,902 56,678 78,133 239,269
Net Income 143,960 146,756 272,004 753,696
Less: Net Income Attributable to Noncontrolling Interest 28,422 21,727 81,325 59,090
Net Income Attributable to CNX Resources Shareholders $ 115,538 $ 125,029 $ 190,679 $ 694,606
(Loss) Earnings Per Share        
Basic (Loss) Earnings Per Share (in usd per share) $ 0.62 $ 0.59 $ 1.01 $ 3.22
Diluted (Loss) Earnings Per Share (in usd per share) 0.61 0.59 1.01 3.18
Dividends Declared (in usd per share) $ 0 $ 0 $ 0 $ 0
Natural Gas, NGLs and Oil Revenue        
Revenues and Other Operating Income:        
Revenues $ 265,051 $ 344,712 $ 1,043,862 $ 1,084,851
Purchased Gas Revenue        
Revenues and Other Operating Income:        
Revenues 29,192 10,560 64,181 38,546
Midstream Revenue        
Revenues and Other Operating Income:        
Revenues 18,525 19,946 55,863 69,684
Transportation, Gathering and Compression        
Operating Expense        
Cost of Goods Sold 80,193 68,907 244,217 230,935
Exploration and Production Related Other Costs        
Operating Expense        
Cost of Goods Sold $ 6,075 $ 3,321 $ 14,900 $ 9,401