secwatch.observer — SEC 8-K summary
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Issuer:     Chord Energy Corp (CHRD)
CIK:        0001486159
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001486159-25-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chord Energy beats Q1 production guidance; net income $219.8M, adjusted FCF $290.5M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486159/000148615925000021/0001486159-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486159/000148615925000021/oas-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001486159-25-000021

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