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Derivatives (Tables)
3 Months Ended
Mar. 31, 2025
Derivatives [Abstract]  
Schedule of Derivatives Not Designated as Hedging Instruments

Non – Designated Derivative Instruments – The classification and amounts of the Company’s derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands):

  

  As of March 31, 2025 
   Assets   Liabilities
Type of Instrument  Balance Sheet Location  Fair
Value
   Balance Sheet Location  Fair
Value
 
               
Cash collateral balance  Restricted cash  $393         
Commodity contracts  Derivative instruments  $4,071   Derivative instruments  $301 

 

  As of December 31, 2024 
   Assets   Liabilities 
Type of Instrument  Balance Sheet Location  Fair
Value
   Balance Sheet Location  Fair
Value
 
               
Cash collateral balance  Restricted cash  $742         
Commodity contracts  Derivative instruments  $3,313   Derivative instruments  $1,177 
Schedule of Realized Gains for its Derivatives Not Designated as Hedging Instruments

The classification and amounts of the Company’s realized gains for its derivatives not designated as hedging instruments are as follows (in thousands):

  

    Realized Gains 
      For the Three Months Ended
March 31,
 
Type of Instrument  Statements of Operations Location  2025   2024 
            
Commodity contracts  Cost of goods sold  $139   $148 
      $139   $148 

 

      Unrealized Gains 
      For the Three Months Ended
March 31,
 
Type of Instrument  Statements of Operations Location  2025   2024 
            
Commodity contracts  Cost of goods sold  $1,634   $3,190 
      $1,634   $3,190