Chord Energy Corporation produces crude oil, NGLs and natural gas as an independent exploration and production company focused primarily on the Williston Basin, with limited non-operated interests in the Marcellus Shale. Company news commonly covers financial and operating results, production volumes, commodity realizations, capital spending, lease operating expense, drilling and completions activity, and operating guidance.
Recurring updates also address shareholder returns through base dividends and share repurchases, efficiency initiatives, longer-lateral development programs, and completed asset additions in core operating areas. Conference-call notices and investor-event schedules accompany the company’s quarterly reporting cycle.
Chord Energy (CHRD) reported third-quarter 2026 net income of $181.6 million and raised its full-year oil production and cash flow outlook. Diluted earnings were $3.29 per share. Oil production of 165.5 thousand barrels per day exceeded guidance. Operating cash flow was $781.4 million, down from $1,116.2 million in the second quarter but above $559.0 million a year earlier.
Chord raised its FY26 oil production midpoint to 162.5 thousand barrels per day and expects approximately $1.6 billion of adjusted free cash flow, a non-GAAP measure. Its capital spending midpoint rose to $1.46 billion from $1.4 billion. Third-quarter repurchases totaled $205 million, with another $78 million through October 30. A $1.30-per-share dividend is payable December 7 to holders of record November 19. The $550 million Marcellus divestiture is expected to close in the fourth quarter.
Chord Energy (CHRD) plans to release third-quarter 2026 financial and operating results after market close on November 4, 2026.
A live webcast and conference call will follow on November 5 at 10:00 a.m. Central. A telephone replay will be available from 1:00 p.m. Central that day through November 12, with a website replay available for approximately 30 days. Chord also plans to participate in six energy conferences and investor events between November 18 and December 9, 2026.
Expand Energy (NASDAQ: EXE) appointed Daniel E. Brown president and chief executive officer, effective October 26, 2026. Brown will also join the Board. Michael A. Wichterich, interim president and chief executive officer since February 2026, will return to his role as non-executive chairman.
Brown joins from Chord Energy (NASDAQ: CHRD), where he served as president, chief executive officer and a director. He previously spent nearly 20 years at Anadarko Petroleum. His appointment follows a Board-led search that evaluated internal and external candidates with assistance from a search firm.
Chord Energy (NASDAQ: CHRD) reported preliminary third-quarter 2026 production above the high end of guidance across oil, natural gas and natural gas liquids.
Total production was 290.5–290.9 thousand barrels of oil equivalent per day, versus guidance of 277.7–284.0 thousand. Capital spending of $379–$385 million was within guidance. Chord repurchased $205 million of shares during the quarter and another $44.3 million quarter-to-date in Q4. It announced a non-operated Marcellus asset divestiture for $550 million in gross consideration, including a $55 million deposit paid during Q3.
At September 30, cash and cash equivalents were $804.7 million and total debt was $1,482.2 million. Realized hedges produced a $48.7 million loss. Chord said adjusted free cash flow exceeded expectations. Results remain preliminary and subject to potentially material adjustments.
Chord Energy (NASDAQ: CHRD) appointed Michael Lou as President and Chief Executive Officer, succeeding Danny Brown with immediate effect.
Lou also joined the Board of Directors. Brown stepped down immediately from both his executive roles and the board to pursue another professional opportunity. Lou has more than 25 years of oil and gas industry experience, including 17 years in leadership positions at Chord and its predecessor companies. His previous roles include Chief Strategy Officer, Chief Commercial Officer and Chief Financial Officer.
Chord Energy (CHRD) released its 2025 Sustainability Report, detailing emissions-intensity reductions, employee safety results and charitable giving during the year.
Operated Scope 1 methane emissions intensity decreased 30% year over year and more than 70% since 2022. Operated Scope 1 greenhouse gas emissions intensity decreased 8% year over year and 30% since 2022. Scope 1 covers emissions from operations under the company's control. Chord recorded zero employee recordable incidents in 2025 and approximately $3 million in charitable giving. The report is available on Chord's sustainability website.
Chord Energy (CHRD) agreed to sell its entire non-operated Marcellus position to POSCO International for total gross consideration of $550 million, with closing expected in 4Q26 subject to customary conditions.
The divested assets comprise about 32,000 net acres and trailing 12‑month production of roughly 121 MMcfpd of 100% residue gas. Chord received a $55 million deposit, with the balance due at closing, and the deal value equates to roughly 6x Adjusted EBITDA based on $3.50/MMBtu Henry Hub pricing. The effective date is July 1, 2026. Chord expects net leverage to decline further and plans to deploy proceeds under its existing capital allocation framework.
After the sale, Chord’s portfolio will be focused on the Williston Basin. On a pro forma basis, oil weighting is expected to rise 4–5 percentage points, annual CapEx to fall by about $25 million, LOE to rise $0.70–$0.80 per Boe, Cash GPT to decrease $0.20–$0.25 per Boe, gas realizations to decline 16–30 percentage points, and production taxes to rise 0.15%–0.45% of oil, NGL and gas sales.
Chord Energy (NASDAQ: CHRD) reported strong second quarter 2026 results, with oil production of 165.4 MBopd and total volumes of 286.4 MBoepd, both at or above guidance midpoints. Net income was $525.2 million, while Adjusted Net Income was $361.7 million, or $6.44 per diluted share. Net cash provided by operating activities reached $1,116.2 million, with Adjusted EBITDA of $923.5 million and Adjusted Free Cash Flow of $414.1 million (excluding $0.7 million reimbursable non-op CapEx).
Chord declared a $1.30 per share base dividend payable September 4, 2026, and repurchased 1,104,346 shares for $147.4 million, returning 54% of Adjusted Free Cash Flow to shareholders. The company executed four additional 4‑mile pads (26 total 4‑mile wells to date) and had 66 gross (47 net) operated TILs. 2026 guidance maintains oil volume and CapEx midpoints, while raising LOE midpoint to $10.30/Boe and targeting approximately $3.0 billion Adjusted EBITDA and $1.3 billion Adjusted Free Cash Flow for 2026 under stated commodity price assumptions.
Chord Energy (Nasdaq: CHRD) plans to release its second quarter 2026 financial and operating results on Wednesday, August 5, 2026 after market close. The company will host a live webcast and conference call on Thursday, August 6, 2026 at 10:00 a.m. Central, accessible via webcast at https://app.webinar.net/7OwnJBaGA4P or by phone using U.S. dial-in 1-800-836-8184, international dial-in 1-646-357-8785, and Conference ID 34285.
A replay will be available by phone from 1:00 p.m. Central on the day of the call until Thursday, August 13, 2026, and for approximately 30 days via www.chordenergy.com. Chord Energy also plans to participate in several 2026 energy conferences, including Citi, Wolfe Research, Barclays, Mizuho and PEP events.
Chord Energy (NASDAQ: CHRD) reported 1Q26 results on May 5, 2026: net income $108.6MM, Adjusted EBITDA $713.0MM and Adjusted Free Cash Flow ~$324.0MM. Oil production was 158.0 MBopd, above guidance; FY26 oil midpoint raised to 161 MBopd while FY26 CapEx midpoint remains $1.4B. A base dividend of $1.30 per share was declared.
Chord executed its first full 4-mile DSU pad and repurchased $70.7MM of stock in 1Q26. Liquidity totaled $2,193.2MM and total debt was $1,500.0MM as of March 31, 2026.