Chord Energy Corp. today reported financial and operating results for the second quarter 2024. The results for the three and six months ended June 30, 2024 include the results of Enerplus Corporation for the period subsequent to May 31, 2024, unless otherwise noted. 2Q24 Operational and Financial Highlights: Oil volumes of 118.1 MBopd were at the high-end of guidance reflecting strong well performance and lower downtime [...]
Chord Energy Corp. plans to announce its second quarter 2024 financial and operating results on Wednesday, August 7, 2024 after market close. The Company will host a live webcast and conference call on Thursday, August 8, 2024 at 9:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Thursday, August 8, 2024 Time: 9:00 a.m. Central Live Webcast [...]
Chord Energy and Enerplus announced today the completion of their previously announced business combination. The Arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King's Bench of Alberta on May 28, 2024. "We are excited to complete the combination with Enerplus, creating a premier Williston Basin operator with enhanced [...]
Chord Energy Corp. today reported financial and operating results for the first quarter 2024. 1Q24 Operational and Financial Highlights: Oil volumes of 99.0 MBopd exceeded the high-end of guidance; Lease Operating Expense of $10.39/BOE was below the low-end of guidance; Total volumes of 168.4 MBoepd; E&P and other CapEx of $257.7MM ; 1Q24 volumes and capital reflect activity acceleration driven by cycle-time improvement [...]
Chord Energy Corp. plans to announce its first quarter 2024 financial and operating results on Tuesday, May 7, 2024 after market close. The Company will host a live webcast and conference call on Wednesday, May 8, 2024 at 9:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Wednesday, May 8, 2024 Time: 9:00 a.m. Central Live Webcast [...]
Chord Energy and Enerplus announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the pending combination between Chord and Enerplus, expired on April 5, 2024. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the previously announced combination between Chord and Enerplus in a stock-and-cash [...]
Chord Energy Corp. announced today that Michael Lou will serve as Executive Vice President, Chief Strategy Officer and Chief Commercial Officer and Shannon Kinney will serve as Executive Vice President, Chief Administrative Officer, and General Counsel. Additionally, Richard Robuck has been promoted to Executive Vice President and Chief Financial Officer. "Michael has been an integral part of the Chord team, and a [...]
Chord Energy Corp. today reported financial and operating results for the fourth quarter and full-year 2023 and announced its 2024 outlook. Operational and Financial Highlights: Oil volumes of 106.2 MBopd and total volumes of 183.8 MBoepd in 4Q23 both exceeded the high-end of guidance. FY23 oil volumes were 99.8 MBopd with total volumes of 173.4 MBoepd; E&P and other CapEx of $208.8MM in 4Q23 and $922.3MM in FY23 exceeded [...]
Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage Position Totaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics While Preserving Low Leverage [...]
Chord Energy Corp. plans to announce its fourth quarter and full-year 2023 financial and operating results on Wednesday, February 21, 2024 after market close. The Company will host a live webcast and conference call on Thursday, February 22, 2024 at 10:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Thursday, February 22, 2024 Time: 10:00 a.m. Central Live [...]
Chord Energy Corp. today reported third quarter 2023 financial and operating results and announced an increase to its share repurchase authorization. Operational and Financial Highlights: Oil volumes of 101.4 MBopd and total volumes of 176.0 MBoepd both exceeded the high-end of guidance; E&P and other CapEx of $254.2MM was below the midpoint of guidance; Net cash provided by operating activities was $399.5MM and net [...]
Chord Energy Corp. plans to announce its third quarter 2023 financial and operational results on Wednesday, November 1, 2023 after market close. The Company will host a live webcast and conference call on Thursday, November 2, 2023 at 8:00 a.m. Central. Investors, analysts and other interested parties are invited to listen to the webcast: Date: Thursday, November 2, 2023 Time: 8:00 a.m. Central Live Webcast [...]