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STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Schedule of Share Repurchases | The table below summarizes stock repurchases pursuant to the stock repurchase program during the year ended December 31, 2024 and 2023:
| Number of Shares (in thousands) |  | Weighted-Average Price |  | Total Purchase Price (in thousands)(1)
2024 |  |  |  |  |
Privately negotiated transactions |  |  |  |  |
NGP Tap Rock Holdings, LLC and certain of its affiliates | 876.2 |  | $ | 64.54 |  |  | $ | 56,549 |
Vencer | 1,041.7 |  | 71.99 |  |  | 75,000 |
Other transactions | 5,394.2 |  | 54.81 |  | 295,647
Total stock repurchases | 7,312.1 |  | $ | 58.42 |  |  | $ | 427,196 |
2023 |  |  |  |  |
Privately negotiated transactions |  |  |  |  |
CPPIB Crestone Peak Resources Canada Inc. | 4,918.0 |  | $ | 61.00 |  |  | $ | 300,000 |
Other transactions | 312.8 |  | 64.55 |  |  | 20,190 |
Total stock repurchases | 5,230.8 |  | $ | 61.21 |  |  | $ | 320,190 |
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Schedule of Dividends Paid | The following table summarizes the dividends declared for the years ended December 31, 2024, 2023, and 2022 (in thousands, except per share amounts):
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Base dividend | $ | 2.00 |  |  | $ | 2.00 |  |  | $ | 1.89 |
Variable dividend | 2.97 |  |  | 5.60 |  |  | 4.40 |
Total dividend | $ | 4.97 |  |  | $ | 7.60 |  |  | $ | 6.29 |
Total dividend (in thousands) | $ | 489,160 |  |  | $ | 668,669 |  |  | $ | 541,254 |

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