secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001486159-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000148615923000014/0001486159-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000148615923000014/oas-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001486159-23-000014

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