secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K/A
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001193125-24-195881
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000119312524195881/0001193125-24-195881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000119312524195881/d835599d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-195881

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