XML 43 R33.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present assets and liabilities measured and recorded at fair value in our condensed consolidated balance sheets on a recurring basis by and their level within the fair value hierarchy (in thousands):

Level 1Level 2Level 3Total
March 31, 2025
Non-trading commodity derivative assets$2,890 $4,467 $— $7,357 
Trading commodity derivative assets— 29 — 29 
Total commodity derivative assets$2,890 $4,496 $ $7,386 
Non-trading commodity derivative liabilities$(30)$(458)$— $(488)
Trading commodity derivative liabilities— (314)— (314)
Total commodity derivative liabilities$(30)$(772)$ $(802)
Level 1Level 2Level 3Total
December 31, 2024
Non-trading commodity derivative assets$445 $6,690 $— $7,135 
Trading commodity derivative assets— 2,028 — 2,028 
Total commodity derivative assets$445 $8,718 $ $9,163 
Non-trading commodity derivative liabilities$(180)$(1,432)$— $(1,612)
Trading commodity derivative liabilities— (144)— (144)
Total commodity derivative liabilities$(180)$(1,576)$ $(1,756)