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Share-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Changes in Unvested Restricted Stock A summary of the changes in unvested RSUs is presented below:
Unvested Restricted Stock UnitsWeighted Average Grant Date Fair Value Per Share
(in thousands)
Unvested as of December 31, 2024957 $81.99 
Granted548 $103.47 
Vested(446)$78.21 
Forfeited(14)$97.39 
Unvested as of June 30, 20251,045 $94.67 
Schedule of Valuation Assumptions
The following table presents the assumptions used in the valuation of the PSUs granted during the Current Period.
AssumptionTSR, rTSR
Risk-free interest rate4.00 %
Volatility33.40 %
Schedule of 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 December 31, 2024376 $94.67 
Granted250 $125.64 
Vested(124)$109.71 
Forfeited(4)$125.64 
Unvested as of June 30, 2025498 $106.22 
Schedule of Compensation Costs
We recognized the following compensation costs, net of actual forfeitures, related to RSUs and PSUs for the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
General and administrative expenses$10 $$18 $17 
Natural gas and oil properties
Production expense
Separation and other termination costs— — 
Marketing expense— — 
Other operating expense, net— — 
Total RSU and PSU compensation$16 $21 $29 $32 
Related income tax benefit$$$$