v3.26.1
Inventories
6 Months Ended
Jun. 30, 2026
Inventory Disclosure [Abstract]  
Inventories Inventories
The major components of inventories were as follows:
June 30, 2026December 31, 2025
Crude oil$16,949 $33,665 
NaHS13,382 13,247 
Caustic soda8,258 8,454 
Total$38,589 $55,366 
Inventories are valued at the lower of cost or net realizable value. As of June 30, 2026 and December 31, 2025, the net realizable value of inventories was below cost by $1.4 million and $0.7 million, respectively, which triggered a reduction of the value of inventory in our Unaudited Condensed Consolidated Financial Statements by this amount.