#United States #Dividend #Houston #Q3 2025 #Chord Energy

Chord Energy Reports Strong Financial Results for Q3 2025

Houston, TX – Chord Energy Corporation (NASDAQ: CHRD) has reported substantial financial and operational results from the third quarter of 2025, showcasing a continued upward trajectory in performance despite the inherent volatility of the energy market. The company is noted for its effective execution strategies and impressive asset management that resulted in oil production exceeding expectations for the quarter.

Key Takeaways

1. Operational Excellence: Chord achieved an average production rate of 155.7 MBopd, aligning well above its forecast midpoint. This reflects the company’s robust asset performance, which has been a hallmark of its operational strategy.
2. Investment and Returns: In a strong show of shareholder commitment, Chord declared a base dividend of $1.30 per share. This distribution is part of a policy that aims to return a substantial portion of free cash flow to investors, evidenced by over $83 million allocated to share buybacks this quarter alone.
3. Optimized Capital Expenditures: With total capital expenditures reported at $321.9 million, Chord has maintained spending below its projected range, demonstrating fiscal responsibility in current operations. The company also updated its expectations for future capital expenditures with a vision of sustaining operational growth moving forward.
4. XTO Acquisition Impact: The recent acquisition of assets from XTO Energy underscores Chord’s strategic positioning in the Williston Basin. This acquisition not only enhances the company’s production capacity but also allows for increased operational efficiency through extended drilling networks.
5. Strong Outlook Ahead: Looking forward, Chord raised its oil production forecast for fiscal year 2025, reflecting confidence in continued operational success and market dynamics favorable to energy production.

Detailed Financial Highlights

The detailed operational metrics for Q3 2025 are impressive:

• - Production Volumes: The reported figures of 280.9 MBoepd illustrate steady growth in production, with specific mentions of strong performance in natural gas and natural gas liquids.
• - Effective Cost Management: The company continues to enhance cost efficiencies, with lease operating expenses (LOE) documented at $9.62/Boe. This careful monitoring of expenses correlates with the higher production rates, helping bolster profit margins despite fluctuating market prices.
• - Robust Free Cash Flow: An adjusted free cash flow of $218.6 million emphasizes Chord Energy’s capacity to generate liquidity, further enabling shareholder returns and future investments.

Market Dynamics and Strategy

President and CEO Danny Brown reflected on the operational momentum stating, “Our team delivered solid results in the third quarter,” reinforcing that efficient execution and strategic asset management remain central to Chord’s ethos. As the energy market faces uncertainties, Chord's commitment to continuous improvement and capital discipline will be pivotal in navigating future challenges.

Conclusion

As Chord Energy continues to grow, the results from Q3 2025 serve as an affirmative signal to investors, showcasing both resilience and proactive strategy in an ever-evolving oil market. Backed by a solid operational framework and promising acquisition strategies, Chord Energy is positioned for sustained success, reaffirming its stature in the industry. Investors can look forward to the next conference call scheduled for November 5, 2025, where leadership will delve deeper into these results and future outlooks.

For further details, you may visit Chord Energy's official website.