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EQUITY-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Plans and Related Costs
The following table presents the financial statement impacts of equity compensation plans and related costs on the Company’s financial statements:

Year Ended December 31,
202420232022
(In millions)
General and administrative expenses$65 $54 $55 
Equity-based compensation capitalized pursuant to full cost method of accounting for oil and natural gas properties$30 $26 $21 
Schedule of Restricted Stock Units
The following table presents the Company’s restricted stock unit activity during the year ended December 31, 2024 under the Equity Plan:

Restricted Stock
 Units		Weighted Average Grant-Date
Fair Value
Unvested at December 31, 2023
751,196 $132.29 
Granted368,390 $179.64 
Vested(436,343)$129.85 
Forfeited(37,835)$151.39 
Unvested at December 31, 2024
645,408 $159.84 
Schedule of Grant-date Fair Values of Performance Restricted Stock Units Granted and Related Assumptions
The following table presents a summary of the grant-date fair values of performance restricted stock units granted and the related assumptions for the awards granted during the periods presented:

March 2024
September 2024
March 2023July 20232022
Grant-date fair value$341.38 $337.23 $259.52 $222.09 $237.13 
Risk-free rate4.38 %3.54 %4.64 %4.70 %1.44 %
Company volatility41.40 %34.40 %46.90 %47.20 %72.10 %
Schedule of Nonvested Performance-Based Units Activity
The following table presents the Company’s performance restricted stock unit activity under the Equity Plan for the year ended December 31, 2024:

Performance Restricted Stock UnitsWeighted Average Grant-Date Fair Value
Unvested at December 31, 2023
278,056 $234.80 
Granted293,081 $341.14 
Vested(292,235)$114.12 
Unvested at December 31, 2024(1)
278,902 $278.72 
(1)A maximum of 647,818 units could be awarded based upon the Company’s final TSR ranking.