earnings
confidence high
sentiment positive
materiality 0.80
Chord Energy Q2 net loss $390M, but adjusted EPS $1.79; raises FY oil guidance, cuts capex
Chord Energy Corp
2025-Q2 EPS reported
-$2.93
revenue$2,395,606,000
- Net loss of $389.9M ($6.77/diluted share); adjusted net income $103.2M ($1.79/diluted share).
- Production 156.7 MBopd (281.9 MBoepd) above guidance high-end; E&P capex $355.6M at low-end.
- Adjusted EBITDA $547.2M, Adjusted FCF $140.8M; returned >90% of Adjusted FCF via dividend and buybacks.
- Raised FY25 oil production guidance +500 Bopd, reduced capex -$20MM at midpoint; 4-mile laterals accelerating.
- Declared base dividend $1.30/share; repurchased $55M in Q2 at avg $90.80/share, $45.2M post-quarter.
item 2.02item 9.01