earnings
confidence high
sentiment positive
materiality 0.80
Chord Energy Q2 2026: oil volumes 165.4 MBopd, adjusted net income $361.7M, declares $1.30 dividend
Chord Energy Corp
- Oil volumes of 165.4 MBopd at high-end of guidance; CapEx $416MM modestly below midpoint.
- Net income $525.2MM; adjusted net income $361.7MM ($6.44/diluted share).
- Cash from operations $1,116.2MM; adjusted free cash flow $414.1MM.
- Returned 54% of adjusted FCF via $1.30 base dividend and $147.4MM share repurchases.
- Successfully executed four additional 4-mile lateral pads; base production strength driving volumes above initial plan.