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Subsequent Events | 12 Months Ended
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Dec. 31, 2024
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events On March 7, 2025, the Board declared a cash dividend of $0.11 per share of the Company’s common stock, payable on March 31, 2025 to shareholders of record on March 20, 2025. Subsequent to December 31, 2024, the Company entered into the following natural gas derivative swap contracts:
Period |  | Index |  | Daily Volume (MMBtu) |  | Weighted Average Price Per MMBtu
March 2025 - December 2025 |  | NYMEX Henry Hub |  | 8,500 |  |  | $ | 4.17 |
January 2026 - December 2026 |  | NYMEX Henry Hub |  | 4,500 |  |  | $ | 4.09 |
Subsequent to December 31, 2024, the Company entered into the following natural gas derivative producer costless collar contracts:
Period |  | Index |  | Daily Volume (MMBtu) |  | Put (Per MMBtu) |  | Call (Per MMBtu)
March 2025 - December 2025 |  | NYMEX Henry Hub |  | 8,500 |  |  | $ | 3.50 |  |  | $ | 5.50 |
April 2025 - December 2025 |  | NYMEX Henry Hub |  | 12,000 |  |  | $ | 4.00 |  |  | $ | 8.20 |
January 2026 - December 2026 |  | NYMEX Henry Hub |  | 4,500 |  |  | $ | 3.35 |  |  | $ | 5.35 |
Subsequent to December 31, 2024, the Company entered into the following ethane derivative swap contracts:
Period |  | Index |  | Daily Volume (Bbl) |  | Weighted Average Price Per Bbl
March 2025 - December 2025 |  | Mont Belvieu OPIS |  | 325 |  |  | $ | 11.76 |

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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