---
schema_version: "secwatch.filing_event.v1"
accession: "0001486159-23-000014"
form_type: "8-K"
ticker: "CHRD"
cik: "0001486159"
company_name: "Chord Energy Corp"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:56:08.541566+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Chord Energy Q1 oil volumes beat high-end guidance; declares $3.22 dividend

## Summary
- Oil volumes 95.1 MBopd (above high-end guidance); total volumes 164.7 MBoepd.
- Net income $297M, revenue $766M; Adjusted EBITDA $408M, AFFCF $198.6M.
- Declared base+variable cash dividend $3.22/share, payable May 30 to holders of record May 16.
- Return of capital at 75% of AFFCF; $15M shares repurchased in Q1 at $135.55 avg.
- Sale of non-core properties for ~$35M (1.1 MBoepd, 0.9 MBopd), closing in Q2; cash $592M > debt $400M.

## SEC filing metadata
- accession: 0001486159-23-000014
- form_type: 8-K
- ticker: CHRD
- cik: 0001486159
- company_name: Chord Energy Corp
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1486159/000148615923000014/0001486159-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1486159/000148615923000014/oas-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001486159-23-000014
- JSON: https://secwatch.observer/filing/0001486159-23-000014.json
- Plain text: https://secwatch.observer/filing/0001486159-23-000014.txt

## Key facts
- Earnings Releases
  Chord Energy Corp reported the quarter ended March 31, 2023 results: revenue $766.2MM, net income $297.0MM.
  - Period: the quarter ended March 31, 2023
  - Revenue: $766.2MM
  - Net income: $297.0MM
  - Result: reported results
  source text: and accelerated activity; • Total 1Q23 volumes of 164.7 MBoepd were above midpoint of guidance, with NGL volumes negatively impacted by ethane rejection; • 1Q23 revenues totaled $766.2MM. Combined natural gas and NGL revenues totaled $115.3MM, which exceeded the $108.0MM of revenue implied by midpoint volume and differential guidance using actual 1Q23 benchmark
  evidence_url: https://www.sec.gov/Archives/edgar/data/1486159/000148615923000014/0001486159-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.