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Chord Energy reports Q2 adjusted EPS $1.79, consensus $1.88

Reports Q2 revenue $1.18B, consensus $946.43M. “Chord Energy (CHRD) delivered another outstanding quarter driven by continued operational excellence,” said Danny Brown, Chord Energy’s President and Chief Executive Officer. “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. Our premier Williston Basin position, built with a focus on disciplined capital allocation, early adoption of new technologies, and strategic M&A, puts Chord in a strong position to drive continuous improvement amidst persistent commodity volatility. We remain focused on optimizing capital allocation while operating in a safe and sustainable manner.”

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