XML 72 R59.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Long-Term Debt - Narrative (Details) - USD ($)
3 Months Ended 6 Months Ended
Jul. 02, 2024
May 31, 2024
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Debt Instrument [Line Items]              
Cash paid to settle Enerplus credit facility   $ 395,000,000          
Credit Facility              
Debt Instrument [Line Items]              
Long-term debt, gross     $ 575,000,000   $ 575,000,000   $ 0
Line of credit facility, remaining borrowing capacity     894,800,000   894,800,000   991,100,000
Weighted average interest rate (as a percent)       0.00%   0.00%  
Senior Notes              
Debt Instrument [Line Items]              
Long-term debt, gross     $ 400,000,000   $ 400,000,000   400,000,000
Stated interest rate (as a percent)     6.375%   6.375%    
Senior Notes | Level 1              
Debt Instrument [Line Items]              
Long-term debt, fair value     $ 399,900,000   $ 399,900,000   400,000,000.0
Enerplus Senior Notes              
Debt Instrument [Line Items]              
Long-term debt, gross     60,063,000   60,063,000   0
Stated interest rate (as a percent)   3.79%          
Assumed debt   $ 63,000,000          
Enerplus Senior Notes | Level 2              
Debt Instrument [Line Items]              
Long-term debt, fair value     $ 60,300,000   $ 60,300,000    
Enerplus Senior Notes | Subsequent Event              
Debt Instrument [Line Items]              
Repayments of assumed debt $ 63,000,000            
Payments for accrued interest on assumed debt $ 800,000            
Credit Facility              
Debt Instrument [Line Items]              
Weighted average interest rate (as a percent)     7.53%   7.53%    
Amount borrowed during the period       0.00%   0.00%  
Credit Facility | Credit Facility              
Debt Instrument [Line Items]              
Credit facility borrowing base   3,000,000,000.0          
Long-term debt, gross     $ 575,000,000.0   $ 575,000,000.0   0
Letters of credit outstanding     $ 30,200,000   $ 30,200,000   $ 8,900,000
Credit Facility | Elected Commitments              
Debt Instrument [Line Items]              
Credit facility borrowing base   $ 1,500,000,000          
Amended and Restated Credit Facility | Credit Facility | Secured Overnight Financing Rate (SOFR)              
Debt Instrument [Line Items]              
Spread on variable rate (as a percent)         0.10%    
Amended and Restated Credit Facility | Credit Facility | Minimum              
Debt Instrument [Line Items]              
Commitment fee percentage         0.375%    
Amended and Restated Credit Facility | Credit Facility | Minimum | Secured Overnight Financing Rate (SOFR)              
Debt Instrument [Line Items]              
Spread on variable rate (as a percent)         1.75%    
Amended and Restated Credit Facility | Credit Facility | Minimum | Alternative Base Rate (ABR)              
Debt Instrument [Line Items]              
Spread on variable rate (as a percent)         0.75%    
Amended and Restated Credit Facility | Credit Facility | Maximum              
Debt Instrument [Line Items]              
Commitment fee percentage         0.50%    
Amended and Restated Credit Facility | Credit Facility | Maximum | Secured Overnight Financing Rate (SOFR)              
Debt Instrument [Line Items]              
Spread on variable rate (as a percent)         2.75%    
Amended and Restated Credit Facility | Credit Facility | Maximum | Alternative Base Rate (ABR)              
Debt Instrument [Line Items]              
Spread on variable rate (as a percent)         1.75%