secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001486159-24-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chord Q3 beats: oil 158.8 MBopd, adj. FCF $312.5M, FY24 oil guidance raised
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- Oil volumes 158.8 MBopd (near high-end of guidance); total volumes 280.8 MBoepd (above high-end).
- E&P capex $329.2M (below low-end guidance); net income $225.3M; adjusted EBITDA $674.5M.
- Returned $234M to shareholders (75% of adj. FCF); $146M in buybacks, $1.44 dividend per share.
- FY24 capital guidance lowered; FY24 oil volume guidance raised; new $750M buyback authorization.
- Issued 2025-2027 outlook: ~$1.4B annual capex to hold oil volumes flat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000148615924000059/0001486159-24-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000148615924000059/oas-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001486159-24-000059

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