The following table summarizes the Company’s liabilities measured at fair value on a recurring basis by the fair value hierarchy as of September 30, 2026 (in thousands):


	Fair Value Measurements						Netting (1)		Assets (Liabilities) at Fair Value
	Level 1		Level 2		Level 3



Commodity derivative contracts	$	—	$	(3,025)	$	—	$	(1,243)	$	(1,782)
Contingent Consideration	—		(3,575)		—		—		(3,575)
Total	$	—	$	(6,600)	$	—	$	(1,243)	$	(5,357)

(1) Represents the effect of netting assets and liabilities for counterparties with which the right of offset exists.

The following table summarizes the Company’s assets measured at fair value on a recurring basis by the fair value hierarchy as of December 31, 2025 (in thousands):


	Fair Value Measurements						Netting (1)		Assets (Liabilities) at Fair Value
	Level 1		Level 2		Level 3
Commodity derivative contracts	$	—	$	3,130	$	—	$	357	$	2,773

Total	$	—	$	3,130	$	—	$	357	$	2,773

(1) Represents the effect of netting assets and liabilities for counterparties with which the right of offset exists.