earnings
confidence high
sentiment positive
materiality 0.75
Oasis Petroleum Q1 production tops guidance; declares $3.525 total dividend; merger with Whiting on track for Q3
Chord Energy Corp
2022-Q1 EPS reported
$24.14
revenue$652,969,000
- Q1 production of 69.6 MBoepd (45.0 MBopd) above guidance; E&P CapEx $62.9M below low end of guidance.
- Net cash from ops $265.6M; Adj. EBITDA $287.4M; Adj. Free Cash Flow $217.5M; net loss $19.6M from non-cash items.
- Base dividend $0.585/share (payable June 1) and variable dividend $2.94/share (payable June 15) declared.
- Merger with Whiting Petroleum expects Q3 2022 close; HSR waiting periods expired; S-4 filed April 28.