CHRD
Chord Energy Corporation91.79
-3.44-3.61%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
5.26BP/E (TTM)
31.01Basic EPS (TTM)
2.96Dividend Yield
0.05%Recent Filings
10-Q
Q3 FY2025 results
Chord Energy posted Q3 net income of $130.1M, down y/y from $225.3M on lower oil revenues ($966.8M total, -13.8% y/y) amid softer prices, yet operating income held at $170.8M (-37.5% y/y) with steady lease operating expenses. Q/q, revenues rose 11.1% to $1.31B while DD&A edged up 0.4%; diluted EPS of $2.26 reconciles to 57.2M shares. Cash swelled to $629.2M on $1.64B YTD operating cash flow, no revolver draws, $1.48B debt (6.0-6.75% senior notes), and $2.0B commitment. Closed $542M Williston Basin assets Oct 31. Commodity prices remain volatile.
8-K
Strong Q3 results, XTO deal closed
Chord Energy reported Q3 2025 results with oil production at 155.7 MBopd, topping guidance midpoint, while E&P CapEx hit $333.7MM, under budget. The company completed its $542.2MM XTO Acquisition on October 31, boosting Williston Basin inventory and adding 4.0 MBopd in Q4. It raised FY25 oil guidance to 153.3 MBopd excluding XTO, returned 69% of $218.6MM Adjusted FCF via $1.30/share dividend and $83MM buybacks. Marketing deals promise $30MM-$50MM annual FCF savings. Chord's 4-mile laterals advanced efficiently. Acquisitions extend runway amid volatility.
8-K
Closes $750M notes for XTO buy
Chord Energy closed its $750 million 6.000% senior unsecured notes offering due 2030 on September 30, 2025, guaranteed by subsidiaries. Proceeds target the XTO Williston Basin acquisition, offering fees, and credit facility repayment. Notes face special mandatory redemption at 100-101% if the deal misses the June 30, 2026 deadline. Risks hinge on acquisition timing.
8-K
Upsized $750M notes for XTO deal
Chord Energy upsized its senior notes offering to $750 million at 6.000% due 2030, pricing at par on September 16, 2025, with closing expected September 30. Net proceeds of approximately $739.6 million will fund the pending XTO Acquisition of Williston Basin assets, cover related expenses, and repay credit facility borrowings. The notes carry a special mandatory redemption if the acquisition fails by June 30, 2026 (extendable to September 30). Risks hinge on acquisition completion.
8-K
Chord launches $500M notes offering
Chord Energy launched a $500 million senior unsecured notes offering due 2030 on September 16, 2025, to fund its pending XTO Acquisition of Williston Basin assets, announced September 15. Proceeds will cover acquisition costs and fees, but notes face special mandatory redemption at 100% or 101% principal plus interest if the deal misses the June 30, 2026 deadline (extendable to September 30). This bolsters Chord's balance sheet for growth, yet ties financing tightly to deal success.
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