v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table sets forth financial assets and liabilities measured at fair value on a recurring basis in the consolidated balance sheets and the respective levels to which the fair value measurements are classified within the fair value hierarchy as of June 30, 2026 and December 31, 2025 (in thousands):

Quoted Prices

Significant

in Active

Other

Significant

Markets for

Observable

Unobservable

Identical Assets

Inputs

Inputs

Total

(Level 1)

(Level 2)

(Level 3)

June 30, 2026

Commodity futures – financial assets

$

130,910

$

-

$

130,910

$

-

Commodity futures – financial liabilities

67,063

-

67,063

-

December 31, 2025

Commodity futures – financial assets

8,925

-

8,925

-

Commodity futures – financial liabilities

64,896

-

64,896

-