Chord Energy Corp. plans to announce its first quarter 2024 financial and operating results on Tuesday, May 7, 2024 after market close. The Company will host a live webcast and conference call on Wednesday, May 8, 2024 at 9:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Wednesday, May 8, 2024 Time: 9:00 a.m. Central Live Webcast [...]
Chord Energy and Enerplus announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the pending combination between Chord and Enerplus, expired on April 5, 2024. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the previously announced combination between Chord and Enerplus in a stock-and-cash [...]
Chord Energy Corp. announced today that Michael Lou will serve as Executive Vice President, Chief Strategy Officer and Chief Commercial Officer and Shannon Kinney will serve as Executive Vice President, Chief Administrative Officer, and General Counsel. Additionally, Richard Robuck has been promoted to Executive Vice President and Chief Financial Officer. "Michael has been an integral part of the Chord team, and a [...]
Chord Energy Corp. today reported financial and operating results for the fourth quarter and full-year 2023 and announced its 2024 outlook. Operational and Financial Highlights: Oil volumes of 106.2 MBopd and total volumes of 183.8 MBoepd in 4Q23 both exceeded the high-end of guidance. FY23 oil volumes were 99.8 MBopd with total volumes of 173.4 MBoepd; E&P and other CapEx of $208.8MM in 4Q23 and $922.3MM in FY23 exceeded [...]
Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics While Preserving Low Leverage [...]
Chord Energy Corp. plans to announce its fourth quarter and full-year 2023 financial and operating results on Wednesday, February 21, 2024 after market close. The Company will host a live webcast and conference call on Thursday, February 22, 2024 at 10:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Thursday, February 22, 2024 Time: 10:00 a.m. Central Live [...]
Chord Energy Corp. today reported third quarter 2023 financial and operating results and announced an increase to its share repurchase authorization. Operational and Financial Highlights: Oil volumes of 101.4 MBopd and total volumes of 176.0 MBoepd both exceeded the high-end of guidance; E&P and other CapEx of $254.2MM was below the midpoint of guidance; Net cash provided by operating activities was $399.5MM and net [...]
Chord Energy Corp. plans to announce its third quarter 2023 financial and operational results on Wednesday, November 1, 2023 after market close. The Company will host a live webcast and conference call on Thursday, November 2, 2023 at 8:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Thursday, November 2, 2023 Time: 8:00 a.m. Central Live Webcast [...]
Chord Energy Corp. today announced the release of its 2022 Sustainability Report, which highlights Chord's commitment to environmental stewardship, social responsibility and corporate governance. The 2022 Sustainability Report is Chord's inaugural sustainability report following the combination of Oasis Petroleum Inc. and Whiting Petroleum Corp. in a merger of equals on July 1, 2022. The report is available on the [...]
Chord Energy Corp. today reported second quarter 2023 financial and operating results. On July 1, 2022, the Company completed the merger of equals transaction between Oasis Petroleum Inc. and Whiting Petroleum Corp. . The results reported for the three and six months ended June 30, 2023 reflect the consolidated results of Chord, while the results reported for the three and six months ended June 30, 2022 reflect legacy [...]
Chord Energy Corp. plans to announce its Second Quarter 2023 financial and operational results on Wednesday, August 2, 2023 after market close. Additionally, the Company will host a live webcast and conference call on Thursday, August 3, 2023 at 10:00 a.m. Central Time to discuss Second Quarter 2023 financial and operational results. Investors, analysts and other interested parties are invited to listen to the webcast [...]
Chord Energy Corp. today announced that a wholly owned subsidiary of Chord has entered into a definitive agreement to acquire assets in the Williston Basin from XTO Energy Inc. and affiliates , subsidiaries of Exxon Mobil Corporation, for total cash consideration of $375MM, subject to customary purchase price adjustments. The consideration is expected to be funded with cash on hand, which was $592MM as of March 31, 2023 [...]