Quarterly report [Sections 13 or 15(d)]

Derivatives (Tables)

v3.26.3
Derivatives (Tables)
 9 Months Ended
Sep. 30, 2026
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 September 30, 2026
    Assets     Liabilities
Type of Instrument   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
                     
Cash collateral balance   Restricted cash   $ 2,055              
Commodity contracts   Derivative instruments   $ 5,332     Derivative instruments   $ 1,242  

 

    As of December 31, 2025  
    Assets   Liabilities
Type of Instrument   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
                     
Cash collateral balance   Restricted cash   $ 2,258              
Commodity contracts   Derivative instruments   $ 525     Derivative instruments   $ 1,067  
Schedule of Realized and Unrealized Gains and Losses for its Derivatives Not Designated as Hedging Instruments

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

 

        Realized Gains  
        For the Three Months Ended
September 30,		  
Type of Instrument   Statements of Operations Location   2026     2025  
                 
Commodity contracts   Cost of goods sold   $ 1,260     $ 3,968  
        $ 1,260     $ 3,968  

 

        Realized Gains  
        For the Nine Months Ended
September 30,		  
Type of Instrument   Statements of Operations Location   2026     2025  
                 
Commodity contracts   Cost of goods sold   $ 7,487     $ 8,822  
        $ 7,487     $ 8,822  

 

        Unrealized Gains  
        For the Three Months Ended
September 30,		  
Type of Instrument   Statements of Operations Location   2026     2025  
                 
Commodity contracts   Cost of goods sold   $ 194     $ 1,841  
        $ 194     $ 1,841  

 

        Unrealized Gains  
        For the Nine Months Ended
September 30,		  
Type of Instrument   Statements of Operations Location   2026     2025  
                 
Commodity contracts   Cost of goods sold   $ 4,632     $ 1,357  
        $ 4,632     $ 1,357