secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001486159-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chord Energy Q1 oil volumes beat guidance; declares $2.94 dividend; Enerplus deal closing May 31
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- Oil volumes of 99.0 MBopd exceeded high-end guidance; LOE $10.39/BOE below low-end guidance.
- Net income $199.4M; Adjusted EBITDA $464.8M; Adjusted Free Cash Flow $199.6M.
- Declared base-plus-variable dividend of $2.94 per share; share repurchases of $30.0M at $155.20/share.
- Return of capital set at $153M, or 75% of Adjusted Free Cash Flow (excl. reimbursed non-op capital).
- Pending combination with Enerplus expected to close on May 31, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000148615924000032/0001486159-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000148615924000032/oas-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001486159-24-000032

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