Chord Energy Corp Stock Price, News & Analysis

Chord Energy (NASDAQ: CHRD) has announced the upsizing and pricing of its private placement of $750 million in senior unsecured notes, increased from the previously announced $500 million. The notes, due 2030, carry a 6.000% interest rate and were priced at par.

The offering is expected to close on September 30, 2025. The proceeds will primarily fund the company's pending acquisition of Williston Basin assets from XTO Energy, cover offering expenses, and support general corporate purposes, including debt repayment. The notes include a special mandatory redemption provision if the XTO acquisition doesn't close by June 30, 2026 (extendable to September 30, 2026).

Chord Energy (NASDAQ: CHRD) has announced plans to offer $500 million in senior unsecured notes due 2030 through a private placement to eligible purchasers. The notes will be guaranteed by the company's existing and future domestic subsidiaries that guarantee its senior secured revolving credit facility.

The proceeds will primarily fund the company's pending acquisition of Williston Basin oil and gas assets from XTO Energy and cover related expenses. The notes include a special mandatory redemption provision if the XTO acquisition doesn't close by June 30, 2026 (extendable to September 30, 2026), with redemption at 100% of principal amount (101% if after June 30, 2026).

Chord Energy (NASDAQ: CHRD) has announced a strategic acquisition of Williston Basin assets from XTO Energy, a subsidiary of Exxon Mobil Corporation, for $550 million in cash. The acquisition includes 48,000 net acres in the Williston core with 86% operated working interest and expected production of ~9 MBoepd (78% oil).

The assets feature 90 net drilling locations with low NYMEX WTI breakeven economics in the $40s range. The transaction is expected to be funded through cash on hand and borrowings, maintaining a post-transaction adjusted net leverage of 0.5x to 0.6x. The deal, with a September 1, 2025 effective date, is anticipated to close by year-end and is expected to be accretive to key metrics including cash flow and NAV.

Additionally, Chord reported repurchasing 788,444 shares totaling $83.0 million through September 12, 2025, as part of its return of capital framework.

Chord Energy (NASDAQ: CHRD) reported strong Q2 2025 financial results, exceeding expectations. The company achieved oil production of 156.7 MBopd and total production of 281.9 MBoepd, surpassing guidance. Key financial metrics include Adjusted EBITDA of $547.2MM and Adjusted FCF of $140.8MM.

The company declared a base dividend of $1.30 per share and repurchased $55.0MM of common stock at an average price of $90.80/share in Q2. Chord updated its FY25 guidance, raising oil production by 500 Bopd and reducing capital expenditure by $20MM. The company recorded a non-cash goodwill impairment charge of $539.3MM due to declining oil and gas prices.

Management updated FY25 outlook projecting Adjusted EBITDA of approximately $2.4B and Adjusted FCF of approximately $850MM at midpoint guidance.

Chord Energy (Nasdaq: CHRD) has scheduled its second quarter 2025 financial and operating results announcement for Wednesday, August 6, 2025 after market close. The company will host a conference call and webcast on Thursday, August 7, 2025 at 10:00 a.m. Central to discuss the results.

Participants can join through a live webcast or via phone, with both operator-assisted and automated registration options available. A replay will be accessible until August 14, 2025. Additionally, Chord Energy announced its participation in eight upcoming energy conferences and investor events between August and September 2025, including prestigious events like the Barclays CEO Energy-Power Conference and Citi Global Power & Energy Conference.

- Returned 100% of Free Cash Flow to shareholders through share repurchases and a $1.30 base dividend - Repurchased $216.5MM of stock at $108.54/share average - Issued $750MM of 2033 Senior Notes at 6.75%, enhancing liquidity to over $1.9B - Reduced 2025 capital guidance by $30MM while maintaining production targets

For 2025 outlook at $60/Bbl WTI, Chord expects: - Adjusted EBITDA of ~$2.2B - Adjusted Free Cash Flow of ~$650MM - 130-150 gross operated wells - E&P CapEx reduced to ~$1.37B - Oil production to average 152.5 MBopd

Chord Energy (NASDAQ: CHRD) has announced it will release its first quarter 2025 financial and operating results on Tuesday, May 6, 2025, after market close. The company will host a live webcast and conference call on Wednesday, May 7, 2025, at 10:00 a.m. Central.

The conference call will be accessible via webcast and phone, with automated registration available for direct access. A recording will be available until May 14, 2025, and can be accessed through the company's website.

Additionally, Chord Energy has scheduled participation in several upcoming energy conferences, including:

• TPH&Co. Hotter 'N Hell Conference (May 14-15)
• Bernstein Strategic Decisions Conference (May 28-30)
• RBC Capital Markets Global Energy Conference (June 3-4)
• Bank of America Energy and Power Credit Conference (June 4-5)
• JP Morgan Energy, Power, Renewables & Mining Conference (June 24-25)

Chord Energy (NASDAQ: CHRD) has announced the pricing of its cash tender offer to purchase any and all of its outstanding 6.375% Senior Notes due 2026. The tender offer will expire at 5:00 p.m., New York City time, on March 10, 2025, unless extended or terminated by the company.

Holders must validly tender their notes or submit a Notice of Guaranteed Delivery before the expiration date to be eligible for consideration. The settlement date is expected to be March 13, 2025, with accrued and unpaid interest paid on all validly tendered and accepted notes.

Wells Fargo Securities, has been retained as the dealer manager, and Global Bondholder Services as the tender and information agent for the offer. The company may purchase additional 2026 Notes after completing this offer through various methods.

Chord Energy (NASDAQ: CHRD) has announced the pricing of a $750 million private placement of 6.750% senior unsecured notes due 2033. The notes were priced at par with an expected closing date of March 13, 2025.

The company plans to use the proceeds to:

• Finance a tender offer for its outstanding 6.375% senior notes due 2026
• Redeem any remaining 2026 notes at 100.000% of principal amount
• Repay a portion of borrowings under the company's Credit Facility
• Pay associated fees and expenses

The new notes will be unsecured, senior obligations guaranteed by Chord Energy's existing and future domestic subsidiaries that guarantee the company's senior secured revolving credit facility.