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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables set forth by level, within the fair value hierarchy, the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis:
Fair value at June 30, 2025
Level 1Level 2Level 3Total
(In thousands)
Assets:
Commodity derivative contracts (see Note 6)
$— $66,331 $— $66,331 
Contingent consideration (see Note 6)
— 23,700 — 23,700 
Investment in unconsolidated affiliate (see Note 9)
131,603 — — 131,603 
Total assets$131,603 $90,031 $— $221,634 
Liabilities:
Commodity derivative contracts (see Note 6)
$— $2,842 $— $2,842 
Total liabilities$— $2,842 $— $2,842 

 Fair value at December 31, 2024
 Level 1Level 2Level 3Total
 (In thousands)
Assets:
Commodity derivative contracts (see Note 6)
$— $18,793 $— $18,793 
Contingent consideration (see Note 6)
— 22,780 — 22,780 
Investment in unconsolidated affiliate (see Note 9)
142,201 — — 142,201 
Total assets$142,201 $41,573 $— $183,774 
Liabilities:
Commodity derivative contracts (see Note 6)
$— $2,246 $— $2,246 
Total liabilities$— $2,246 $— $2,246