earnings
confidence high
sentiment positive
materiality 0.80
Chord Energy boosts base dividend 114% to $1.25/quarter, authorizes $300M buyback
Chord Energy Corp
2022-Q2 EPS reported
$28.44
revenue$1,442,349,000
- Base dividend increased 114% to $1.25/quarter ($5.00 annualized); payable Aug 30 to holders of record Aug 16.
- Board authorized $300M share repurchase program; $125M already repurchased in July at weighted avg $106.25/share.
- Q2 2022 combined oil volumes 90.0 Mbbl/d, total volumes 158.6 Mboe/d; within preliminary guidance.
- 3Q22 guidance: oil volumes 94.2-97.2 Mbbl/d, total volumes 162.5-167.5 Mboe/d; E&P capex $265-295M.