Earnings summaries and quarterly performance for Chord Energy.
Executive leadership at Chord Energy.
Daniel Brown
President and Chief Executive Officer
Darrin Henke
Executive Vice President and Chief Operating Officer
Michael Lou
Executive Vice President, Chief Strategy Officer and Chief Commercial Officer
Richard Robuck
Executive Vice President, Chief Financial Officer and Treasurer
Shannon Kinney
Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary
Board of directors at Chord Energy.
Anne Taylor
Director
Douglas Brooks
Director
Hilary Foulkes
Director
Ian Dundas
Director
Jeffrey Sheets
Director
Kevin McCarthy
Director
Marguerite Woung-Chapman
Director
Samantha Holroyd
Director
Susan Cunningham
Board Chair
Ward Polzin
Director
Research analysts who have asked questions during Chord Energy earnings calls.
Noah Hungness
Firm Not Mentioned in Transcript
7 questions for CHRD
Paul Diamond
Citigroup
7 questions for CHRD
Derrick Whitfield
Texas Capital
6 questions for CHRD
Noel Parks
Tuohy Brothers
5 questions for CHRD
John Abbott
Wolfe Research
4 questions for CHRD
Neal Dingmann
Truist Securities
4 questions for CHRD
Oliver Huang
TPH&Co.
4 questions for CHRD
Scott Hanold
RBC Capital Markets
4 questions for CHRD
Hsu-Lei Huang
Tudor, Pickering, Holt & Co.
3 questions for CHRD
Carlos Escalante
Wolfe Research
2 questions for CHRD
David Deckelbaum
TD Cowen
2 questions for CHRD
Geoff Jay
Daniel Energy Partners
2 questions for CHRD
Joshua Silverstein
UBS Group AG
2 questions for CHRD
Kevin MacCurdy
Pickering Energy Partners
2 questions for CHRD
Nicholas Pope
Roth Capital
2 questions for CHRD
Jeff Jay
Daniel Energy Partners
1 question for CHRD
Phillips Johnston
Capital One Securities, Inc.
1 question for CHRD
Recent press releases and 8-K filings for CHRD.
- Chord Energy reported Q4 2025 adjusted free cash flow of $175 million, returning approximately 50% of this amount to shareholders, primarily through share repurchases after a $1.30 per share base dividend.
- For the full year 2025, the company delivered $160 million of free cash flow improvement from controllable items, exceeded oil volumes guidance by more than 1,000 barrels per day, and reduced capital spending by approximately $60 million.
- The company achieved its goal of converting 80% of its inventory to long laterals by year-end 2025, earlier than expected, and lowered the weighted average break-even of its inventory by more than 10%.
- For 2026, Chord Energy anticipates a low to no oil growth program with average volumes of 157,000-161,000 barrels of oil per day and capital of $1.4 billion, expecting to generate approximately $700 million of free cash flow at benchmark prices.
- Chord Energy reported $175 million in adjusted free cash flow for Q4 2025, returning approximately 50% of this amount to shareholders, including a base dividend of $1.30 per share.
- For the full year 2025, oil volumes exceeded original guidance by more than 1,000 barrels per day, and capital came in approximately $60 million lower than guidance, contributing to $160 million of free cash flow improvement from controllable items.
- The company's 2026 plan targets average oil volumes of 157,000-161,000 barrels of oil per day with $1.4 billion in capital, anticipating approximately $700 million of free cash flow at benchmark prices.
- By year-end 2025, Chord achieved its goal of converting 80% of its inventory to long laterals and lowered the weighted average break-even of its inventory by more than 10%, now holding 10+ years of low breakeven inventory.
- Chord Energy reported adjusted free cash flow of $175 million for Q4 2025, with oil volumes at the high end of guidance and capital below the low end of guidance. Approximately 50% of this amount was returned to shareholders, primarily through share repurchases after a base dividend of $1.30 per share.
- For the full year 2025, oil volumes exceeded original guidance by over 1,000 barrels per day, and capital came in approximately $60 million lower. The company achieved $160 million of free cash flow improvement from controllable items.
- Since 2021, Chord has returned $6.7 billion of capital to shareholders, which is higher than its current market capitalization.
- The company successfully converted 80% of its inventory to long laterals by year-end 2025, earlier than expected, significantly lowering its cost of supply and establishing 10+ years of low breakeven inventory.
- For 2026, Chord expects average oil volumes of 157,000-161,000 barrels of oil per day with capital of $1.4 billion, projecting to generate approximately $700 million of free cash flow at benchmark prices of $64 per barrel of oil and $3.75 per MMBtu of natural gas.
- Chord Energy reported Q4 2025 Adjusted Net Income of $72.7MM ($1.28/diluted share) and Adjusted Free Cash Flow of $175.0MM, with oil volumes at the high-end of guidance and capital expenditures below the low-end of guidance.
- For full-year 2025, the company generated approximately $160MM in incremental run-rate free cash flow, reduced its fully-diluted share count by over 5% year-over-year to 57.2MM, and completed the acquisition of core Williston Basin assets from XTO Energy Inc..
- Chord declared a base dividend of $1.30 per share for Q4 2025 and repurchased $10.0MM of common stock in the quarter.
- The 2026 outlook projects oil volumes of 159 MBopd and CapEx of $1.4B at the midpoint of guidance, with expected Adjusted EBITDA of $2.3B and Adjusted Free Cash Flow of $700MM.
- Estimated net proved reserves at December 31, 2025, were 917.5 MMBoe.
- Chord Energy reported 4Q25 Adjusted Net Income of $72.7 million ($1.28 per diluted share) and Adjusted Free Cash Flow of $175.0 million (excluding reimbursable non-op CapEx), contributing to FY25 Adjusted Free Cash Flow of $816.9 million.
- 4Q25 oil volumes reached 153.0 MBopd, at the high-end of guidance, with CapEx of $305.2 million (excluding reimbursable non-op CapEx) below the low-end of guidance.
- The company completed the acquisition of core Williston Basin assets from XTO Energy Inc. in 4Q25, which contributed to estimated net proved reserves of 917.5 MMBoe at December 31, 2025.
- In FY25, Chord returned significant cash to shareholders, declaring aggregate base dividends of $5.20 per share and repurchasing 3.5 million shares, reducing the fully-diluted share count by over 5% year-over-year.
- The 2026 volume and capital guidance is consistent with the November outlook.
- Chord delivered Q3 2025 adjusted free cash flow of approximately $230 million, returning 69% of this to shareholders, and has reduced diluted shares outstanding by approximately 11% since the Enerplus combination.
- The company closed the XTO transaction on October 31, adjusting Q4 production up by 4,000 barrels of oil per day and adding $15 million to full year 2025 capital.
- Preliminary 2026 expectations include maintaining oil volumes of approximately 157,000-161,000 barrels per day with total CapEx of roughly $1.4 billion, reflecting improved capital efficiency with approximately 4% higher oil volumes for roughly $100 million less than the early 2024 pro forma budget.
- Chord is driving $120 million of free cash flow improvement in 2025 from controllable items, including expected marketing cost savings of $30 million-$50 million annually, with about half realized in 2025.
- Chord Energy reported strong Q3 2025 operational and financial results, with oil volumes of 155.7 MBopd and Adjusted Free Cash Flow of $218.6MM, both exceeding guidance.
- The company returned 69% of Adjusted Free Cash Flow to shareholders in Q3 2025, including a base dividend of $1.30 per share and $83.0MM in share repurchases.
- Chord Energy completed the acquisition of Williston Basin assets from XTO Energy Inc. on October 31, 2025, for a total cash consideration of $542.2MM.
- For FY25, Chord Energy updated its outlook, raising oil volume guidance to 153.3 MBopd at the midpoint (excluding XTO impacts) and maintaining CapEx guidance at $1.35B at the midpoint (excluding XTO impacts), with an expected Adjusted Free Cash Flow of approximately $840MM.
- Chord Energy reported Q3 2025 financial results, with net income of $130.1 million ($2.26/diluted share), Adjusted EBITDA of $577.8 million, and Adjusted Free Cash Flow of $218.6 million.
- The company completed the acquisition of Williston Basin assets from XTO Energy Inc. on October 31, 2025, for a total cash consideration of $542.2 million.
- Chord Energy updated its FY25 outlook, raising oil volume guidance and maintaining CapEx guidance (excluding XTO impacts), projecting Adjusted EBITDA of approximately $2.4 billion and Adjusted FCF of approximately $840 million at the midpoint of guidance.
- In Q3 2025, the company returned 69% of Adjusted FCF to shareholders through a base dividend of $1.30 per share and $83.0 million of share repurchases.
- Q3 2025 operational highlights included oil volumes of 155.7 MBopd and E&P and other CapEx of $321.9 million, both favorable to guidance.
- Chord Energy Corporation released its 2024 Sustainability Report on October 2, 2025, highlighting its commitment to sustainable operations and transparent reporting of environmental stewardship, social responsibility, and corporate governance.
- The report underscores the company's dedication to delivering affordable, reliable energy responsibly while actively working to lower its environmental footprint.
- According to CEO Danny Brown, 2024 was marked by Chord strengthening its position in the Williston Basin and the successful acquisition and integration of Enerplus, which created a stronger, more resilient organization.
- On September 30, 2025, Chord Energy Corporation completed an offering of $750 million in aggregate principal amount of its 6.000% senior unsecured notes due 2030.
- The notes will mature on October 1, 2030, with interest payable semi-annually on April 1 and October 1, commencing April 1, 2026.
- The proceeds from the notes offering are intended to finance the acquisition of assets in the Williston Basin from XTO Energy, Inc., cover offering expenses, and for general corporate purposes, including repayment of borrowings under the Company’s senior secured revolving credit facility.
- A special mandatory redemption clause requires the Company to redeem the notes if the XTO Acquisition does not occur by June 30, 2026 (extendable to September 30, 2026), or if the Company notifies that it will not pursue the acquisition.
Quarterly earnings call transcripts for Chord Energy.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more