earnings
confidence high
sentiment positive
materiality 0.75
Chord Energy Q2 net income $216M, $1.36/sh dividend, closes $362M XTO deal
Chord Energy Corp
2023-Q2 EPS reported
$11.83
revenue$1,808,588,000
- Oil volumes 96.4 MBopd, total volumes 169.0 MBoepd above guidance high-end.
- Revenue $695.4M, net income $216.1M, Adjusted EBITDA $369.6M, Adj FCF $105.3M.
- Return of capital $87M (75% of Adj FCF); $31M buybacks at $147.59/sh.
- Base-plus-variable dividend $1.36/sh payable Aug 29, record Aug 15.
- Completed $361.6M acquisition of Williston assets from XTO/ExxonMobil; non-core sales $64M.