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Pay vs Performance Disclosure - USD ($)
12 Months Ended 24 Months Ended 36 Months Ended 48 Months Ended 60 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2024
Pay vs Performance Disclosure [Table]                  
Pay vs Performance Disclosure, Table

Pay Versus Performance

 

Pursuant to the amendments to Section 14(i) of the Exchange Act, Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, this section provides information regarding the relationship of compensation paid to our Named Executive Officers (“NEOs”) relative to our financial performance.

 

The following table summarizes compensation values reported in the Summary Compensation Table for our principal executive officer (“PEO”) and the average for our other NEOs, as compared to “compensation actually paid” or “CAP” and the Company’s financial performance for the years ended December 31, 2024, 2023, 2022, 2021, and 2020:

 

                                                                 
   Summary
Compensation
Table Total for
PEO(1)
  Compensation
Actually Paid to
PEO(1)(2)
  Average
Summary
Compensation
Table Total for
Non-PEO NEOs(1)
  Average
Compensation
Actually Paid
to Non-PEO
NEOs(1)(2)
  Value of Initial Fixed $100
Investment Based On:
  Net
Income
($MM)
  Adjusted
EBITDA
($MM)(4)
Year          TSR  Peer Group
TSR(3)
   
(a)  (b)  (c)  (d)  (e)  (f)  (g)  (h)  (i)
2024  $11,088,763   $21,427,995   $3,371,284   $6,181,498    $   351    $   277    $   401   $  1,051  
2023  $11,315,877   $18,875,272   $3,493,256   $5,631,627    $   273    $   243    $   372   $989  
2022  $10,534,511   $14,034,979   $3,006,598   $3,882,778    $   217    $   244    $   326   $884  
2021  $5,388,890   $7,829,324   $1,314,614   $1,844,273    $   178    $   161    $   332   $876  
2020  $2,691,539   $3,247,352   $2,265,108   $2,407,498    $   127    $     76    $  (123)  $850  
               
Company Selected Measure Name Adjusted EBITDA                
Named Executive Officers, Footnote
(1) The PEO reflected in columns (b) and (c) represents Paul M. Rady. The non-PEO NEOs reflected in columns (d) and (e) represent the following individuals by year:
  a. 2024: Michael N. Kennedy, Yvette K. Schultz and Brendan E. Krueger.
  b. 2023: Michael N. Kennedy, Yvette K. Schultz and Brendan E. Krueger.
  c. 2022: Michael N. Kennedy, W. Patrick Ash, Yvette K. Schultz and Brendan E. Krueger.
  d. 2021: Brendan E. Krueger, Alvyn A. Schopp, Michael N. Kennedy, W. Patrick Ash and Glen C. Warren, Jr.
  e. 2020: Glen C. Warren, Jr., Alvyn A. Schopp, Michael N. Kennedy and W. Patrick Ash.
               
Peer Group Issuers, Footnote [Text Block]
(3) The peer group disclosed is the group of companies whose executive compensation we consider when determining our NEO’s compensation as described in “Compensation Discussion and Analysis—Implementing Our Compensation Program Objectives—Competitive Peer Analysis”. For 2024, the peer group was comprised of APA Corp., Coterra Energy Inc., Continental Resources, Inc., Devon Energy Corporation, Diamondback Energy Inc., EQT Corporation, Marathon Oil Corporation, Ovintiv Inc., Range Resources Corporation and Southwestern Energy Company.
               
PEO Total Compensation Amount $ 11,088,763 $ 11,315,877 $ 10,534,511 $ 5,388,890 $ 2,691,539        
PEO Actually Paid Compensation Amount $ 21,427,995 18,875,272 14,034,979 7,829,324 3,247,352        
Adjustment To PEO Compensation, Footnote
(2) The Company deducted from and added to the Summary Compensation Table total compensation the following amounts to calculate compensation actually paid in accordance with Item 402(v) of Regulation S-K as disclosed in columns (c) and (e) for each PEO and Non-PEO NEOs in 2024. As the Company’s NEOs do not participate in any defined benefit plans, no adjustments were required to amounts reported in the Summary Compensation Table totals related to the value of benefits under such plans.

 

    2024
    Paul Rady   Average Non-
CEO NEOs
Total Compensation from Summary Compensation Table   $11,088,763   $3,371,284
Adjustments for Equity Awards        
Grant date values in the Summary Compensation Table   $(9,896,893)   $(2,977,305)
Year-end fair value of unvested awards granted in the current year   $13,889,892   $4,178,522
Year-over-year difference of year-end fair values for unvested awards granted in prior years   $4,367,345   $1,210,493
Fair values at vest date for awards granted and vested in current year   $0   $0
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years   $703,422   $157,329
Forfeitures during current year equal to prior year-end fair value   $0   $0
Dividends or dividend equivalents not otherwise included in the total compensation   $1,275,466   $241,175
Total Adjustments for Equity Awards   $10,339,232   $2,810,214
Compensation Actually Paid (as calculated)   $21,427,995   $6,181,498
               
Non-PEO NEO Average Total Compensation Amount $ 3,371,284 3,493,256 3,006,598 1,314,614 2,265,108        
Non-PEO NEO Average Compensation Actually Paid Amount $ 6,181,498 5,631,627 3,882,778 1,844,273 2,407,498        
Adjustment to Non-PEO NEO Compensation Footnote
(2) The Company deducted from and added to the Summary Compensation Table total compensation the following amounts to calculate compensation actually paid in accordance with Item 402(v) of Regulation S-K as disclosed in columns (c) and (e) for each PEO and Non-PEO NEOs in 2024. As the Company’s NEOs do not participate in any defined benefit plans, no adjustments were required to amounts reported in the Summary Compensation Table totals related to the value of benefits under such plans.

 

    2024
    Paul Rady   Average Non-
CEO NEOs
Total Compensation from Summary Compensation Table   $11,088,763   $3,371,284
Adjustments for Equity Awards        
Grant date values in the Summary Compensation Table   $(9,896,893)   $(2,977,305)
Year-end fair value of unvested awards granted in the current year   $13,889,892   $4,178,522
Year-over-year difference of year-end fair values for unvested awards granted in prior years   $4,367,345   $1,210,493
Fair values at vest date for awards granted and vested in current year   $0   $0
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years   $703,422   $157,329
Forfeitures during current year equal to prior year-end fair value   $0   $0
Dividends or dividend equivalents not otherwise included in the total compensation   $1,275,466   $241,175
Total Adjustments for Equity Awards   $10,339,232   $2,810,214
Compensation Actually Paid (as calculated)   $21,427,995   $6,181,498
               
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

CAP and Cumulative TSR/Cumulative Peer Group TSR

 

               
Compensation Actually Paid vs. Net Income [Text Block]

CAP and Net Income

 

               
Compensation Actually Paid vs. Company Selected Measure [Text Block]

CAP and Adjusted EBITDA

 

               
Total Shareholder Return Vs Peer Group [Text Block]

CAP and Cumulative TSR/Cumulative Peer Group TSR

 

               
Tabular List [Table Text Block]

Disclosure of Most Important Performance Measures for Fiscal Year 2024

 

The measures listed below represent the most important financial performance measures that we used to determine CAP for fiscal year 2024.

 

Most Important Performance Measures
Adjusted EBITDA
Free Cash Flow after Dividends
Net Debt/EBITDA
Return on Invested Capital (ROIC)
TSR
               
Total Shareholder Return Amount         127 $ 178 $ 217 $ 273 $ 351
Peer Group Total Shareholder Return Amount         76 $ 161 $ 244 $ 243 $ 277
Net Income (Loss) Attributable to Parent $ 401,000,000 $ 372,000,000 $ 326,000,000 $ 332,000,000 $ (123,000,000)        
Company Selected Measure Amount 1,051,000,000 989,000,000 884,000,000 876,000,000 850,000,000        
PEO Name Paul M. Rady Paul M. Rady Paul M. Rady Paul M. Rady Paul M. Rady        
Measure [Axis]: 1                  
Pay vs Performance Disclosure [Table]                  
Measure Name Adjusted EBITDA                
Measure [Axis]: 2                  
Pay vs Performance Disclosure [Table]                  
Measure Name Free Cash Flow after Dividends                
Measure [Axis]: 3                  
Pay vs Performance Disclosure [Table]                  
Measure Name Net Debt/EBITDA                
Measure [Axis]: 4                  
Pay vs Performance Disclosure [Table]                  
Measure Name Return on Invested Capital (ROIC)                
Measure [Axis]: 5                  
Pay vs Performance Disclosure [Table]                  
Measure Name TSR                
Grant Date Values In The Summary Compensation Table [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount $ (9,896,893)                
Grant Date Values In The Summary Compensation Table [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount (2,977,305)                
Year End Fair Value Of Unvested Awards Granted In The Current Year [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 13,889,892                
Year End Fair Value Of Unvested Awards Granted In The Current Year [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 4,178,522                
Year Over Year Difference Of Year End Fair Values For Unvested Awards Granted In Prior Years [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 4,367,345                
Year Over Year Difference Of Year End Fair Values For Unvested Awards Granted In Prior Years [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 1,210,493                
Fair Values At Vest Date For Awards Granted And Vested In Current Year [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 0                
Fair Values At Vest Date For Awards Granted And Vested In Current Year [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 0                
Difference In Fair Values Between Prior Year End Fair Values And Vest Date Fair Values For Awards Granted In Prior Years [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 703,422                
Difference In Fair Values Between Prior Year End Fair Values And Vest Date Fair Values For Awards Granted In Prior Years [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 157,329                
Forfeitures During Current Year Equal To Prior Year End Fair Value [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 0                
Forfeitures During Current Year Equal To Prior Year End Fair Value [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 0                
Dividends Or Dividend Equivalents Not Otherwise Included In The Total Compensation [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 1,275,466                
Dividends Or Dividend Equivalents Not Otherwise Included In The Total Compensation [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 241,175                
Total Adjustments For Equity Awards [Member] | PEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount 10,339,232                
Total Adjustments For Equity Awards [Member] | Non-PEO NEO [Member]                  
Pay vs Performance Disclosure [Table]                  
Adjustment to Compensation Amount $ 2,810,214