earnings
confidence high
sentiment positive
materiality 0.85
Chord Energy beats Q1 production guidance; net income $219.8M, adjusted FCF $290.5M
Chord Energy Corp
2025-Q1 EPS reported
$3.66
revenue$1,215,047,000
- Net income $219.8M; Adjusted EBITDA $695.5M; Adjusted free cash flow $290.5M.
- Production 153.7 MBopd (270.9 MBoepd) above guidance; E&P CapEx $355.4M at low end.
- Returned 100% of adjusted FCF: $216.5M in buybacks at avg $108.54/share plus $1.30/share base dividend.
- Issued $750M 6.75% senior notes due 2033; liquidity over $1.9B, leverage 0.3x.
- FY25 production guidance maintained; capital reduced by $30M reflecting program efficiencies.