The following tables present financial assets and liabilities that are measured at fair value on a recurring basis as of March 31, 2025 and December 31, 2024:


	March 31, 2025
	Level 1		Level 2		Level 3		Total

	(In thousands)
Commodity swaps	$	—	$	1,915	$	—	$	1,915
Interest rate swaps	—		453		—		453
Total assets	$	—	$	2,368	$	—	$	2,368

Commodity swaps	$	—	$	28,915	$	—	$	28,915
Interest rate swaps	—		485		—		485
Contingent liability	—		—		4,700		4,700
Total liabilities	$	—	$	29,400	$	4,700	$	34,100


	December 31, 2024
	Level 1		Level 2		Level 3		Total

	(In thousands)
Commodity swaps	$	—	$	1,869	$	—	$	1,869
Interest rate swaps	—		504		—		504
Total assets	$	—	$	2,373	$	—	$	2,373

Commodity swaps	$	—	$	10,742	$	—	$	10,742
Interest rate swaps	—		1,206		—		1,206
Contingent liability	—		—		4,700		4,700
Total liabilities	$	—	$	11,948	$	4,700	$	16,648