Chord files pro forma financials for Enerplus acquisition; shows combined net income of $254M Q1 2024

Chord Energy Corp

Chord issued 20.68M shares and paid $375.8M cash to Enerplus shareholders in the May 31, 2024 acquisition.
Pro forma combined total assets of $12.77B, stockholders' equity of $8.75B as of March 31, 2024.
Pro forma combined revenue of $1.42B for Q1 2024; net income of $254.3M (diluted EPS $4.00).
Pro forma combined revenue of $5.44B for FY 2023; net income of $1.36B (diluted EPS $21.15).
Preliminary purchase price allocation includes $466M goodwill; fair value adjustments to PP&E and deferred taxes.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.