Chord Energy Q2 net income $213.4M; declares $2.52 dividend, updates outlook

Chord Energy Corp

2024-Q2 EPS reported $8.87 revenue$2,345,940,000

Net income $213.4M; adjusted EBITDA $567.9M; oil volumes 118.1 MBopd (high-end guidance).
Total volumes 207.2 MBoepd (above high-end guidance); LOE $9.37/Boe favorable.
E&P CapEx $314.3M (below low-end guidance); adjusted free cash flow $216.1M.
Base+variable dividend $2.52/share declared; share repurchases $61.7M at avg $169.01.
Enerplus merger closed May 31, 2024, creating premier Williston Basin operator.

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