3 unchanged sentences
Commodity Price Risk
−Removed: There were commodity transactions in place as of December 31, 2024, covering certain future U.S.
−Removed: natural gas sales volumes in 2025.
−Removed: A 10% increase in the respective benchmark price of these commodities would have increased the net payable associated with these derivative contracts by approximately $2.5 million, while a 10% decrease would have decreased the recorded payable by a similar amount, resulting in a receivable.
+Added: There were no commodity transactions in place as of December 31, 2025, covering certain future U.S.
+Added: oil and natural gas sales.
Foreign Exchange Risk
3 unchanged sentences
The fixed-rate notes have a weighted average coupon of 6.1%.
−Removed: The Company’s RCF provides for variable interest rate borrowings;
−Removed: however, we did not have any borrowings outstanding as of December 31, 2024 and, therefore, no related exposure to interest rate risk.
+Added: The Company’s previous and Amended RCF agreements provide for variable interest rate borrowings.
+Added: As of December 31, 2025, we had $100.0 million outstanding under the previous RCF, and a 10% increase in the average interest rate would have increased our quarterly interest expense by approximately $0.3 million.
+Added: Actual results may vary due to changes in the amount of variable rate debt outstanding.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.