Chord Energy reports Q2 2025 financial results, declares base dividend, and issues updated outlook.

• Chord Energy reports Q2 2025 financial and operating results • Delivers net cash provided by operating activities and Adjusted Free Cash Flow (Adjusted FCF) • Returns over 90% of Adjusted FCF to shareholders through dividend and share repurchases • Repurchases $55.0MM of common stock in Q2 2025 at $90.80 per share • Declares base dividend of $1.30 per share and issues updated outlook

Chord Energy Corporation (NASDAQ: CHRD) has reported its financial and operating results for the second quarter of 2025, highlighting operational excellence and strong shareholder returns. The company delivered net cash provided by operating activities and Adjusted Free Cash Flow (Adjusted FCF) above expectations, driven by efficient execution and strong asset performance.

Key highlights from the Q2 2025 results include:

- Operational Excellence: Chord Energy reported oil volumes of 156.7 MBopd, exceeding the high-end of guidance, and total volumes of 281.9 MBoepd. The company also achieved significant cost savings, with E&P and other CapEx of $355.6MM at the low-end of guidance.

- Shareholder Returns: The company returned over 90% of Adjusted FCF to shareholders through the base dividend of $1.30 per share and share repurchases. Chord Energy repurchased $55.0MM of common stock in Q2 2025 at an average price of $90.80/share, reducing the share count by 10% on a fully-diluted basis since the Enerplus closing.

- Updated Outlook: Chord Energy raised its FY25 oil production guidance by 500 Bopd and reduced capital expenditure by $20MM at the midpoint of guidance. The company is on track to return a second completions crew in 4Q25 and expects a ~20% improvement in Adjusted FCF and ~25% improvement in Adjusted FCF per share compared to the February outlook.

- Financial Highlights: The company reported Adjusted EBITDA of $547.2MM, Adjusted FCF of $140.8MM, and Adjusted Net Income of $103.2MM, with a diluted share of $1.79.

Danny Brown, President and Chief Executive Officer of Chord Energy, commented, "Chord Energy delivered another outstanding quarter driven by continued operational excellence. Free cash flow was above expectations, supporting continued high shareholder payouts. The Chord team demonstrated strong execution with better downtime, greater efficiency, and solid well performance leading to an increase in our full-year production guidance and reduction in capital."

Chord Energy's robust financial performance and shareholder-friendly initiatives position the company well to navigate commodity volatility and drive continuous improvement.

References:
[1] https://www.marketbeat.com/instant-alerts/chord-energy-chrd-expected-to-announce-quarterly-earnings-on-wednesday-2025-07-30/
[2] https://www.prnewswire.com/news-releases/chord-energy-reports-second-quarter-2025-financial-and-operating-results-declares-base-dividend-and-issues-updated-outlook-302523552.html