6 unchanged sentences
The Company is exposed to market risk related to changes in interest rates associated with its borrowing activities.
−Removed: At March 31, 2020 , the Company had no outstanding balance under its variable rate line-of-credit with an average balance outstanding during the six-month period of $4,059,321.
+Added: At June 30, 2020, the Company had $2,858,130 outstanding balance under its variable rate line-of-credit with an average balance outstanding during the nine-month period of $2,814,826.
The Company also had $24,310,200 outstanding under Midstream's variable-rate term credit facility.
−Removed: A hypothetical 100 basis point increase in market interest rates applicable to the Company’s variable-rate debt outstanding during the six months ended March 31, 2020 would have resulted in an increase of approximately $127,000 in interest expense for the period.
+Added: A hypothetical 100 basis point increase in market interest rates applicable to the Company’s variable-rate debt outstanding during the nine months ended June 30, 2020 would have resulted in an increase of approximately $187,000 in interest expense for the period.
The Company's other long-term debt is at fixed rates or is hedged with interest rate swaps.
1 unchanged sentence
The Company manages the price risk associated with purchases of natural gas by using a combination of LNG storage, underground storage gas, fixed price contracts, spot market purchases and derivative commodity instruments including futures, price caps, swaps and collars.
−Removed: At March 31, 2020 , the Company had no outstanding derivative instruments to hedge the price of natural gas.
+Added: At June 30, 2020, the Company had no outstanding derivative instruments to hedge the price of natural gas.
The Company has commitments to purchase 2.8 million decatherms of natural gas over the next 12 months at fixed prices ranging from $1.77 to $2.62 per decatherm.
4 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.