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Pay vs Performance Disclosure
pure in Millions
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Summary Compensation
Table Total for CEO(1)
Compensation
Actually Paid to
CEO(2)
Average
Summary
Compensation
Table Total
for Non-CEO
NEOs(3)
Average
Compensation
Actually Paid to
Non-CEO NEOs(3)(4)
Value of Initial Fixed $100
Investment Based on:
Net Income
(in millions)
Year
Post-
Merger CEO
Pre-
Merger CEO
Post-
Merger CEO
Pre-
Merger CEO
Total
Stockholder
Return
Peer
Group Total
Stockholder
Return(5)
2024 $ 14,748,960 $ 11,685,791 $ 4,786,783 $ 4,483,302 $ 187.80 $ 185.30 $ 1,121
2023 $ 14,547,853 $ 20,356,332 $ 4,721,849 $ 4,203,696 $ 181.70 $ 188.13 $ 1,625
2022 $ 15,303,397 $ 32,092,019 $ 10,068,380 $ 10,308,634 $ 166.86 $ 194.48 $ 4,065
2021 $ 11,061,939 $ 14,554,728 $ 6,097,986 $ 14,225,161 $ 6,826,596 $ 6,780,037 $ 118.13 $ 119.07 $ 1,158
2020 $ 14,194,706 $ 17,805,568 $ 3,503,938 $ 4,256,657 $ 95.66 $ 62.86 $ 201
(1)
Reflects the summary compensation table total compensation of  (a) our current Chief Executive Officer, Thomas E. Jorden, from his appointment on October 1, 2021 to present (in the Post-Merger CEO column) and (b) Cabot’s Chief Executive Officer, Dan O. Dinges, for prior periods (in the Pre-Merger CEO column).
(2)
The dollar amounts reported in this column represent the amount of  “compensation actually paid” to Mr. Jorden (in the Post-Merger CEO column) and Mr. Dinges (in the Pre-Merger CEO column), respectively, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Jorden or Mr. Dinges, respectively, during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Jorden’s and Mr. Dinges’s respective total compensation for each year to determine the compensation actually paid:
Adjustment to Determine
Compensation Actually Paid for CEO
2024
2023
2022
2021
2020
Post-Merger CEO
Pre-Merger CEO
Total reported in Summary Compensation
Table (SCT)
$ 14,748,960 $ 14,547,853 $ 15,303,397 $ 11,061,939 $ 14,554,728 $ 14,194,706
Minus: Value of Stock & Option Awards Reported in SCT $ (10,628,850) $ (11,071,724) $ (12,554,661) $ (10,000,000) $ (10,649,843) $ (11,267,676)
Plus: Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding $ 10,101,326 $ 12,289,113 $ 10,257,188 $ 9,286,421 $ $ 12,760,574
Plus/Minus: Change in FMV of Prior Year
Awards that are Outstanding and
Unvested
$ (3,532,714) $ 1,703,070 $ 7,430,809 $ (5,392,173) $ $ 1,161,681
Plus: FMV of Awards Granted this Year and that Vested this Year $ $ $ $ $ 10,901,242 $
Plus/Minus: Change in FMV (from Prior Year-End) of Prior Year Awards that Vested this Year $ 586,511 $ 1,327,149 $ 6,860,435 $ (846,226) $ (580,966) $ 956,283
Plus: Value of Dividends Paid on Stock Awards not Otherwise Reflected in Fair Value or Total Compensation $ 410,558 $ 1,560,870 $ 4,794,851 $ 1,988,025 $ $
Minus: Prior Year FMV of Prior Year Awards that Failed to Vest this Year $ $ $ $ $ $
Total Adjustments
$ (3,063,169) $ 5,808,479 $ 16,788,622 $ (4,963,953) $ (329,567) $ 3,610,862
“Compensation Actually Paid”
$ 11,685,791 $ 20,356,332 $ 32,092,019 $ 6,097,986 $ 14,225,161 $ 17,805,568
(3)
The non-CEO named executive officers included in this column are:
Year
Non-CEO NEOs
2024 Shannon E. Young III, Stephen P. Bell, Andrea M. Alexander, Michael D. DeShazer
2023 Shannon E. Young III, Stephen P. Bell, Blake A. Sirgo, Kevin W. Smith, Scott C. Schroeder, and Christopher H. Clason
2022 Scott C. Schroeder, Dan O. Dinges, Stephen P. Bell, and Christopher H. Clason
2021 Scott C. Schroeder, Stephen P. Bell, Steven W. Lindeman, Phillip L. Stalnaker and Jeffrey W. Hutton
2020 Scott C. Schroeder, Steven W. Lindeman, Phillip L. Stalnaker and Jeffrey W. Hutton
(4)
The dollar amounts reported in this column represent the amount of  “compensation actually paid” to the Company’s named executive officers as a group (excluding Mr. Jorden and Mr. Dinges, where applicable) as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to such named executive officers as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the average total compensation for named executive officers as a group (excluding Mr. Jorden and Mr. Dinges, where applicable):
Adjustment to Determine Compensation Actually Paid for NEOs
2024
2023
2022
2021
2020
Total reported in Summary Compensation Table (SCT)
$ 4,786,783 $ 4,721,849 $ 10,068,380 $ 6,826,596 $ 3,503,938
Minus: Value of Stock & Option Awards Reported in SCT
$ (3,148,833) $ (3,609,845) $ (3,935,574) $ (2,759,065) $ (2,413,381)
Plus: Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding $ 2,992,552 $ 2,757,427 $ 3,630,038 $ 847,510 $ 2,728,760
Plus/Minus: Change in FMV of Prior Year Awards that are Outstanding and Unvested $ (257,709) $ 233,773 $ 340,299 $ $ 240,708
Plus: FMV of Awards Granted this Year and that Vested this Year
$ $ $ $ 1,913,978 $
Plus/Minus: Change in FMV (from Prior Year-End) of Prior Year Awards that Vested this Year $ 58,651 $ 32,382 $ $ (72,443) $ 196,632
Plus: Value of Dividends Paid on Stock Awards not Otherwise Reflected in
Fair Value or Total Compensation
$ 51,858 $ 68,111 $ 205,491 $ 23,461 $
Minus: Prior Year FMV of Prior Year Awards that Failed to Vest this Year
$ $ $ $ $
Total Adjustments
$ (303,481) $ (518,153) $ 240,254 $ (46,559) $ 752,719
“Compensation Actually Paid”
$ 4,483,302 $ 4,203,696 $ 10,308,634 $ 6,780,037 $ 4,256,657
(5)
For 2024, the amounts reported in this column represent the value of an initial $100 investment in the Company’s 2024 compensation peer group, and for all prior years, in the Company’s 2023 compensation peer group. See the “Company TSR vs Peer TSR & Alignment of CAP with Company TSR” graph and related footnotes under “Relationship Between Compensation Actually Paid and Performance Measures” below for more information.
       
Named Executive Officers, Footnote
(1)
Reflects the summary compensation table total compensation of  (a) our current Chief Executive Officer, Thomas E. Jorden, from his appointment on October 1, 2021 to present (in the Post-Merger CEO column) and (b) Cabot’s Chief Executive Officer, Dan O. Dinges, for prior periods (in the Pre-Merger CEO column).
(3)
The non-CEO named executive officers included in this column are:
Year
Non-CEO NEOs
2024 Shannon E. Young III, Stephen P. Bell, Andrea M. Alexander, Michael D. DeShazer
2023 Shannon E. Young III, Stephen P. Bell, Blake A. Sirgo, Kevin W. Smith, Scott C. Schroeder, and Christopher H. Clason
2022 Scott C. Schroeder, Dan O. Dinges, Stephen P. Bell, and Christopher H. Clason
2021 Scott C. Schroeder, Stephen P. Bell, Steven W. Lindeman, Phillip L. Stalnaker and Jeffrey W. Hutton
2020 Scott C. Schroeder, Steven W. Lindeman, Phillip L. Stalnaker and Jeffrey W. Hutton
       
Peer Group Issuers, Footnote
(5)
For 2024, the amounts reported in this column represent the value of an initial $100 investment in the Company’s 2024 compensation peer group, and for all prior years, in the Company’s 2023 compensation peer group. See the “Company TSR vs Peer TSR & Alignment of CAP with Company TSR” graph and related footnotes under “Relationship Between Compensation Actually Paid and Performance Measures” below for more information.
       
Adjustment To PEO Compensation, Footnote
(2)
The dollar amounts reported in this column represent the amount of  “compensation actually paid” to Mr. Jorden (in the Post-Merger CEO column) and Mr. Dinges (in the Pre-Merger CEO column), respectively, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Jorden or Mr. Dinges, respectively, during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Jorden’s and Mr. Dinges’s respective total compensation for each year to determine the compensation actually paid:
Adjustment to Determine
Compensation Actually Paid for CEO
2024
2023
2022
2021
2020
Post-Merger CEO
Pre-Merger CEO
Total reported in Summary Compensation
Table (SCT)
$ 14,748,960 $ 14,547,853 $ 15,303,397 $ 11,061,939 $ 14,554,728 $ 14,194,706
Minus: Value of Stock & Option Awards Reported in SCT $ (10,628,850) $ (11,071,724) $ (12,554,661) $ (10,000,000) $ (10,649,843) $ (11,267,676)
Plus: Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding $ 10,101,326 $ 12,289,113 $ 10,257,188 $ 9,286,421 $ $ 12,760,574
Plus/Minus: Change in FMV of Prior Year
Awards that are Outstanding and
Unvested
$ (3,532,714) $ 1,703,070 $ 7,430,809 $ (5,392,173) $ $ 1,161,681
Plus: FMV of Awards Granted this Year and that Vested this Year $ $ $ $ $ 10,901,242 $
Plus/Minus: Change in FMV (from Prior Year-End) of Prior Year Awards that Vested this Year $ 586,511 $ 1,327,149 $ 6,860,435 $ (846,226) $ (580,966) $ 956,283
Plus: Value of Dividends Paid on Stock Awards not Otherwise Reflected in Fair Value or Total Compensation $ 410,558 $ 1,560,870 $ 4,794,851 $ 1,988,025 $ $
Minus: Prior Year FMV of Prior Year Awards that Failed to Vest this Year $ $ $ $ $ $
Total Adjustments
$ (3,063,169) $ 5,808,479 $ 16,788,622 $ (4,963,953) $ (329,567) $ 3,610,862
“Compensation Actually Paid”
$ 11,685,791 $ 20,356,332 $ 32,092,019 $ 6,097,986 $ 14,225,161 $ 17,805,568
       
Non-PEO NEO Average Total Compensation Amount $ 4,786,783 $ 4,721,849 $ 10,068,380 $ 6,826,596 $ 3,503,938
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,483,302 4,203,696 10,308,634 6,780,037 4,256,657
Adjustment to Non-PEO NEO Compensation Footnote
(4)
The dollar amounts reported in this column represent the amount of  “compensation actually paid” to the Company’s named executive officers as a group (excluding Mr. Jorden and Mr. Dinges, where applicable) as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to such named executive officers as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the average total compensation for named executive officers as a group (excluding Mr. Jorden and Mr. Dinges, where applicable):
Adjustment to Determine Compensation Actually Paid for NEOs
2024
2023
2022
2021
2020
Total reported in Summary Compensation Table (SCT)
$ 4,786,783 $ 4,721,849 $ 10,068,380 $ 6,826,596 $ 3,503,938
Minus: Value of Stock & Option Awards Reported in SCT
$ (3,148,833) $ (3,609,845) $ (3,935,574) $ (2,759,065) $ (2,413,381)
Plus: Year-End Value of Awards Granted in Fiscal Year that are Unvested and Outstanding $ 2,992,552 $ 2,757,427 $ 3,630,038 $ 847,510 $ 2,728,760
Plus/Minus: Change in FMV of Prior Year Awards that are Outstanding and Unvested $ (257,709) $ 233,773 $ 340,299 $ $ 240,708
Plus: FMV of Awards Granted this Year and that Vested this Year
$ $ $ $ 1,913,978 $
Plus/Minus: Change in FMV (from Prior Year-End) of Prior Year Awards that Vested this Year $ 58,651 $ 32,382 $ $ (72,443) $ 196,632
Plus: Value of Dividends Paid on Stock Awards not Otherwise Reflected in
Fair Value or Total Compensation
$ 51,858 $ 68,111 $ 205,491 $ 23,461 $
Minus: Prior Year FMV of Prior Year Awards that Failed to Vest this Year
$ $ $ $ $
Total Adjustments
$ (303,481) $ (518,153) $ 240,254 $ (46,559) $ 752,719
“Compensation Actually Paid”
$ 4,483,302 $ 4,203,696 $ 10,308,634 $ 6,780,037 $ 4,256,657
       
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: lc_capneoceo-pn.jpg]        
Compensation Actually Paid vs. Net Income
Alignment of CAP with Net Income $ millions
[MISSING IMAGE: lc_capvsnetincome-pn.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: lc_capneoceo-pn.jpg]        
Tabular List, Table
Performance Measures
The table below sets forth our most important performance measures used to link “compensation actually paid” for our named executive officers to company performance, over the fiscal year ending December 31, 2024. Please see “Compensation Discussion and Analysis—​2024 Performance-Based Compensation—Our Incentive Compensation Programs Align Corporate Strategy Through Thoughtful Performance Metric Selection” and “—Our Incentive Program Payouts are Aligned with Performance Outcomes” for further information regarding these performance measures and their function in our executive compensation program. The performance measures included in this table are not ranked by relative importance.
2024 Most Important Performance Measures (unranked)
PVI-10
      ​
Relative TSR
Annual Production
       
Total Shareholder Return Amount $ 187.8 181.7 166.86 118.13 95.66
Peer Group Total Shareholder Return Amount $ 185.3 $ 188.13 $ 194.48 $ 119.07 $ 62.86
Company Selected Measure Amount 1,121 1,625 4,065 1,158 201
PEO Name Thomas E. Jorden,        
Additional 402(v) Disclosure Dan O. Dinges        
Measure:: 1          
Pay vs Performance Disclosure          
Name PVI-10        
Measure:: 2          
Pay vs Performance Disclosure          
Name Relative TSR        
Measure:: 3          
Pay vs Performance Disclosure          
Name Annual Production        
Thomas E Jorden Member          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 14,748,960 $ 14,547,853 $ 15,303,397 $ 11,061,939
PEO Actually Paid Compensation Amount 11,685,791 20,356,332 32,092,019 6,097,986
Dan O. Dinges Member          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 14,554,728 14,194,706
PEO Actually Paid Compensation Amount 14,225,161 17,805,568
PEO | Thomas E Jorden Member | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,063,169) 5,808,479 16,788,622 (4,963,953)  
PEO | Thomas E Jorden Member | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (10,628,850) (11,071,724) (12,554,661) (10,000,000)  
PEO | Thomas E Jorden Member | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 10,101,326 12,289,113 10,257,188 9,286,421  
PEO | Thomas E Jorden Member | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,532,714) 1,703,070 7,430,809 (5,392,173)  
PEO | Thomas E Jorden Member | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Thomas E Jorden Member | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 586,511 1,327,149 6,860,435 (846,226)  
PEO | Thomas E Jorden Member | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount  
PEO | Thomas E Jorden Member | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 410,558 1,560,870 4,794,851 1,988,025  
PEO | Dan O. Dinges Member | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount       (329,567) 3,610,862
PEO | Dan O. Dinges Member | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount       (10,649,843) (11,267,676)
PEO | Dan O. Dinges Member | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount       12,760,574
PEO | Dan O. Dinges Member | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount       1,161,681
PEO | Dan O. Dinges Member | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount       10,901,242
PEO | Dan O. Dinges Member | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount       (580,966) 956,283
PEO | Dan O. Dinges Member | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
PEO | Dan O. Dinges Member | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount      
Non-PEO NEO | Equity Awards Adjustments          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (303,481) (518,153) 240,254 (46,559) 752,719
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (3,148,833) (3,609,845) (3,935,574) (2,759,065) (2,413,381)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,992,552 2,757,427 3,630,038 847,510 2,728,760
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (257,709) 233,773 340,299 240,708
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,913,978
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 58,651 32,382 (72,443) 196,632
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 51,858 $ 68,111 $ 205,491 $ 23,461