Chord Energy 2025 Q3 Earnings Revenue Beats Estimates Despite EPS Decline

Chord Energy (CHRD) reported mixed results for Q3 2025, with revenue exceeding expectations while earnings per share (EPS) and net income declined year-over-year. The company raised its oil volume guidance for 2025, signaling operational momentum despite challenges in profitability.

Revenue

Chord Energy’s total revenue for Q3 2025 fell to $1.31 billion, a 9.5% decrease from $1.45 billion in the prior-year period. Oil, NGL, and gas revenues accounted for $966.85 million of the total, with purchased oil and gas sales contributing an additional $345.23 million. The decline reflects broader industry pressures and operational adjustments.

Earnings/Net Income

The company’s net income dropped 42.3% to $130.11 million, or $2.26 per diluted share, compared to $3.63 per share in 2024 Q3. The EPS decline of 37.7% highlights the impact of lower production and higher operating expenses.

Post-Earnings Price Action Review

Following the earnings release, Chord Energy’s stock price declined 0.43% in the latest trading day, 5.34% over the preceding week, and 14.07% month-to-date. The downward trend reflects investor concerns over earnings shortfalls and market volatility, despite the revenue beat.

CEO Commentary

CEO Daniel Brown emphasized operational efficiency and strategic acquisitions as key drivers of Chord Energy’s performance. “We delivered strong free cash flow and returned 69% to shareholders, while our XTO acquisition expanded our inventory and production capacity,” he stated. Brown highlighted the successful execution of 4-mile lateral wells and cost controls, positioning the company to maintain resilience amid commodity price fluctuations.

Guidance

Chord Energy raised its 2025 oil volume guidance to 153.3 MBopd at the midpoint, excluding XTO impacts. The company anticipates $1.35 billion in capital expenditures for the year, with $15 million allocated to sustain XTO volumes in 2026. Management also expects adjusted EBITDA of $2.4 billion and adjusted free cash flow of $840 million for 2025.

Additional News

Chord Energy completed its $542.2 million acquisition of XTO Energy’s Williston Basin assets, enhancing its operational footprint and inventory. The company also declared a $1.30 per share quarterly dividend, reinforcing its commitment to shareholder returns. Additionally, Chord repurchased $83 million of shares in Q3 2025, reflecting confidence in its capital structure and long-term value.