FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2026

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, 2026:
Equity securities	$	19,119	$	—	$	—	$	19,119
Commodity derivative instruments	—		1,515		—		1,515
Bitcoin option contracts	85		—		—		85
Total	$	19,204	$	1,515	$	—	$	20,719
December 31, 2025:
Equity securities	$	17,551	$	—	$	—	$	17,551
Commodity derivative instruments	—		5,832		—		5,832
Bitcoin option contracts	162		—		—		162
Total	$	17,713	$	5,832	$	—	$	23,545
Liabilities
June 30, 2026:
Commodity derivative instruments	$	—	$	238	$	—	$	238
December 31, 2025:
Commodity derivative instruments	$	—	$	—	$	—	$	—

Offsetting Assets

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

	June 30, 2026		December 31, 2025
	(In thousands)
Commodity derivative assets
Gross amount of recognized assets	$	2,270	$	6,229
Gross amount offset on the balance sheet	(755)		(397)
Net amount of assets on the balance sheet	$	1,515	$	5,832
Commodity derivative liabilities
Gross amount of recognized liabilities	$	993	$	397
Gross amount offset on the balance sheet	(755)		(397)
Net amount of liabilities on the balance sheet	$	238	$	—