secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001486159-23-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chord Energy reports strong Q3: net income $209M, oil volumes beat guidance; buyback authorized to $750M
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- Oil volumes 101.4 MBopd, total volumes 176.0 MBoepd, both above guidance high-end.
- Net income $209.1M; Adjusted EBITDA $469.1M; Adjusted Free Cash Flow $207.4M.
- Share repurchase authorization increased to $750M (~10% of market cap); $112.3M repurchased in Q3.
- Declared base-plus-variable cash dividend of $2.50/share, payable Nov 28, 2023 to record Nov 14.
- E&P and other CapEx $254.2MM below midpoint of guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000148615923000036/0001486159-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000148615923000036/oas-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001486159-23-000036

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer