secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001193125-24-041615
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chord Energy Q4 2023 oil volumes exceed guidance; declares $3.25/share dividend; flat 2024 oil guidance
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- Q4 2023 oil volumes 106.2 MBopd, total 183.8 MBoepd, both exceeding high-end guidance.
- E&P capex $208.8MM in Q4, $922.3MM in FY23, also exceeded guidance.
- Q4 net income $301.6MM, Adj. EBITDA $480.9MM, Adj. Free Cash Flow $247.4MM.
- Declared base-plus-variable cash dividend of $3.25/share; FY23 total returns ~$646MM.
- 2024 outlook: E&P capex $905-945MM, oil volumes flat 97-101 MBopd, adj. FCF ~$875MM at $79 WTI.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000119312524041615/0001193125-24-041615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000119312524041615/d713055d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-041615

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