Annual report [Section 13 and 15(d), not S-K Item 405]

Derivatives (Tables)

v3.25.0.1
Derivatives (Tables)
 12 Months Ended
Dec. 31, 2024
Derivatives [Abstract]  
Schedule of Derivatives Not Designated as Hedging 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 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  

 

    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   $ 15,466              
Commodity contracts   Derivative instruments   $ 2,412     Derivative instruments   $ 13,849  
Schedule of Recognized Gains (Losses) For Its Derivatives Not Designated as Hedging Instruments

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

 

        Realized Gains (Losses)  
        For the Years Ended December 31,  
Type of Instrument   Statements of Operations Location   2024     2023     2022  
                       
Commodity contracts   Cost of goods sold   $ (2,529 )   $ 1,647     $ 23,280  
        $ (2,529 )   $ 1,647     $ 23,280  

 

        Unrealized Gains (Losses)  
        For the Years Ended December 31,  
Type of Instrument   Statements of Operations Location   2024     2023     2022  
                       
Commodity contracts   Cost of goods sold   $ 13,574     $ (9,678 )   $ (4,017 )
        $ 13,574     $ (9,678 )   $ (4,017 )