The following tables set forth by level, within the fair value hierarchy, the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis:


	Fair value at June 30, 2026
	Level 1		Level 2		Level 3		Total

	(In thousands)
Assets:
Commodity derivative contracts (see Note 6)	$	—	$	59,679	$	—	$	59,679

Investment in equity securities (see Note 9)	138,789		—		—		138,789
Total assets	$	138,789	$	59,679	$	—	$	198,468
Liabilities:
Commodity derivative contracts (see Note 6)	$	—	$	18,856	$	—	$	18,856
Total liabilities	$	—	$	18,856	$	—	$	18,856


	Fair value at December 31, 2025
	Level 1		Level 2		Level 3		Total

	(In thousands)
Assets:
Commodity derivative contracts (see Note 6)	$	—	$	85,678	$	—	$	85,678
Investment in equity securities (see Note 9)	119,698		—		—		119,698
Total assets	$	119,698	$	85,678	$	—	$	205,376
Liabilities:
Commodity derivative contracts (see Note 6)	$	—	$	—	$	—	$	—
Total liabilities	$	—	$	—	$	—	$	—