Quarterly report [Sections 13 or 15(d)]

Derivatives (Tables)

v3.25.1
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