earnings
confidence high
sentiment positive
materiality 0.85
Chord Energy Q4 oil volumes beat guidance; base dividend raised 4% to $1.30; 2025 outlook issued.
Chord Energy Corp
2024-FY EPS reported
$16.02
revenue$5,251,082,000
- Q4 oil volumes 153.3 MBopd above midpoint; total volumes 273.5 MBoepd exceeded guidance high-end.
- Net income $210.6M; Adjusted EBITDA $640.1M; Adjusted FCF $276.9M; returned 100% of Adj. FCF to shareholders.
- Q4 base dividend increased 4% to $1.30 per share; $205M in share repurchases (73% of total return).
- Since Enerplus close, repurchased 3.5M shares (>5% of shares outstanding).
- FY25 outlook: midpoint CapEx $1.4B, midpoint oil volumes 152.5 MBopd; FY24 pro forma oil volumes 153.0 MBopd.