3 unchanged sentences
Commodity price risk is the risk of loss arising from adverse changes in market rates and prices.
−Removed: We are able to limit our exposure to fluctuations in natural gas prices as our pricing in contracts with downstream customers is largely based on the Henry Hub index price plus a contractual spread.
Our exposure to market risk associated with LNG price changes may adversely impact our business.
+Added: We are able to limit our exposure to fluctuations in natural gas prices as our pricing in contracts with downstream customers is largely based on the Henry Hub index price plus a contractual spread.
In 2022, we entered into a commodity swap transaction as an economic hedge to reduce the risks associated with commodity prices which settled in the first quarter of 2023 resulting in a realized gain of $146.1 million.
−Removed: In January 2023, we entered into a commodity swap transaction, and we recognized an unrealized losses of $2.9 million for the six months ended June 30, 2023 .
+Added: In January 2023, we entered into a series of commodity swap transactions, and we have recognized an unrealized loss of $1.8 million for the nine months ended September 30, 2023 .
We currently do not have other derivative instruments to mitigate the effect of fluctuations in LNG prices on our operations;
16 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.