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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule Of Restricted Stock Awards [Table Text Block]
The following table presents the stock-based compensation expense activity recognized during the periods indicated:

Year Ended December 31,
20222021
 (In thousands)
Recognized stock compensation expense$6,718 $826 
Capitalized stock compensation cost for our oil and natural gas properties$— $— 
Tax benefit on stock-based compensation$1,646 $202 
Activity Pertaining To Restricted Stock Awards [Table Text Block]
The tables below presents the activity pertaining to nonvested RSUs during the periods indicated:

Year Ended December 31,
20222021
Number
of Shares
Weighted
Average Grant Date
Fair Value
Number
of Shares
Weighted
Average Grant Date
Fair Value
Nonvested RSUs, beginning of period315,529 $26.71 — $— 
Granted (1)
7,850 30.50 315,529 26.71 
Vested(151,341)26.33 — — 
Forfeited(1,725)34.00 — — 
Nonvested RSUs, end of period (2)
170,313 $27.15 315,529 $26.71 
1.RSUs granted in January 2022 had an aggregate grant date fair value of $0.2 million and vest equally each month for thirty months. RSUs granted in April 2021 had an aggregate grant date fair value of $1.4 million and vest 25% on each of the following dates: May 27, 2022, September 3, 2022, September 3, 2023, and September 3, 2024. RSUs granted in October 2021 had an aggregate grant date fair value of $7.0 million and one-third vest on each of the following dates: November 21, 2022, October 1, 2023, and October 1, 2024.
2.The aggregate compensation cost related to nonvested RSUs not yet recognized as of December 31, 2022 was $4.2 million with a weighted average remaining service period of 1.2 years.

The tables below summarizes activity pertaining to outstanding stock options during the periods presented:

Year Ended December 31,
20222021
Number
of Shares
Weighted Average
Exercise Price
Number
of Shares
Weighted Average
Exercise Price
Outstanding stock options, beginning of period361,418 $45.00 — $— 
Granted (1)
13,416 45.00 361,418 45.00 
Exercised(55,668)45.00 — — 
Forfeited or expired— — — — 
Outstanding stock options, end of period (2) (4)
319,166 $45.00 361,418 $45.00 
Exercisable stock options, end of period (3) (4)
108,755 $45.00 — $— 
1.Stock options granted in January 2022 had an aggregate grant date fair value of $0.1 million and 100% vest on the first anniversary of the grant date. Stock options granted in October 2021 had an aggregate grant date fair value of $4.1 million and and one-third vest on each of the following dates: October 1, 2022, October 1, 2023, and October 1, 2024.
2.Stock options outstanding as of December 31, 2022 had a weighted average remaining contractual term of 3.7 years and an aggregate intrinsic value of $4.1 million. The aggregate compensation cost related to outstanding options not yet recognized as of December 31, 2022 was $2.7 million with a weighted average remaining service period of 1.2 years.
3.Stock options exercisable as of December 31, 2022 had a weighted average remaining contractual term of 3.8 years and an aggregate intrinsic value of $1.4 million.
4.On January 6, 2023, in accordance with the provisions allowed under the LTIP, the Compensation Committee adjusted the exercise price of all outstanding stock options to $35.00 per share effective January 31, 2023 to account for the special dividend paid on that date.
Activity Pertaining to Nonemployee Director Stock Award Plan [Table Text Block]