FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis were as follows:

	Level 1		Level 2		Level 3		Total
	(In thousands)
Assets
June 30, 2025:
Equity securities	$	21,467	$	—	$	—	$	21,467
Commodity derivative instruments	$	—	$	2,902	$	—	$	2,902
December 31, 2024:
Equity securities	$	23,135	$	—	$	—	$	23,135
Commodity derivative instruments	$	—	$	2,114	$	—	$	2,114

Offsetting Assets

Information about financial instruments that are eligible for offset in the consolidated balance sheets were as follows:

	June 30, 2025		December 31, 2024
	(In thousands)
Commodity derivative assets
Gross amount of recognized assets	$	4,933	$	3,220
Gross amount offset on the balance sheet	(2,031)		(1,106)
Net amount of assets on the balance sheet	$	2,902	$	2,114
Commodity derivative liabilities
Gross amount of recognized liabilities	$	2,031	$	1,106
Gross amount offset on the balance sheet	(2,031)		(1,106)
Net amount of liabilities on the balance sheet	$	—	$	—