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Share-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Changes in Unvested Restricted Stock A summary of the changes in unvested RSUs is presented below:
 
Unvested
Restricted Stock Units		Weighted Average
Grant Date
Fair Value Per Share
(in thousands)
Unvested as of February 10, 2021— $— 
Granted (a)
1,202 $52.60 
Vested (a)
(377)$65.66 
Forfeited(50)$44.37 
Unvested as of December 31, 2021775 $46.77 
Granted666 $81.87 
Vested(300)$48.11 
Forfeited(184)$56.54 
Unvested as of December 31, 2022957 $68.91 
Granted440 $72.25 
Vested(329)$61.66 
Forfeited(128)$68.42 
Unvested as of December 31, 2023940 $73.08 
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(a)Due to the Vine Acquisition, each Vine restricted stock unit was converted into a Company restricted stock unit. As a result, approximately 430 thousand Vine restricted stock units were converted to Company restricted stock units, of which approximately 375 thousand restricted stock units were accelerated. We recognized the accelerated share-based compensation expense related to these awards in other operating expense (income), net on our consolidated statements of operations.
Schedule Valuation Assumptions
The following tables present the assumptions used in the valuation of the PSUs granted in the 2023, 2022 and 2021 Successor Periods.
2023 PSU Awards
AssumptionTSR, rTSR
Risk-free interest rate3.85 %
Volatility64.4 %
2022 PSU Awards
AssumptionTSR, rTSR
Risk-free interest rate2.00 %
Volatility70.2 %
2021 PSU Awards
AssumptionTSR, rTSRShare Price Hurdle
Risk-free interest rate0.23 %0.30 %
Volatility71.4 %68.4 %
Summary of the Changes in Unvested Performance Share A summary of the changes in unvested PSUs is presented below:
Unvested Performance Share UnitsWeighted Average
Grant Date
Fair Value Per Share
(in thousands)
Unvested as of February 10, 2021— $— 
Granted201 $64.41 
Vested(9)$38.95 
Forfeited(9)$55.42 
Unvested as of December 31, 2021183 $66.12 
Granted133 $109.65 
Vested— $— 
Forfeited(40)$57.48 
Unvested as of December 31, 2022276 $88.28 
Granted131 $78.78 
Vested— $— 
Forfeited(13)$68.77 
Unvested as of December 31, 2023394 $85.78 
Schedule of compensation costs (credit), net of actual forfeitures
We recognized the following compensation costs, net of actual forfeitures, related to RSUs and PSUs for the periods presented:
SuccessorPredecessor
Year Ended
December 31, 2023		Year Ended
December 31, 2022		Period from February 10, 2021 through December 31, 2021Period from January 1, 2021 through February 9, 2021
General and administrative expenses$29 $19 $7 $3 
Natural gas and oil properties6 4 2 — 
Production expense4 3 2 — 
Total RSU and PSU compensation$39 $26 $11 $3 
Related income tax benefit$7 $6 $— $—