Record Shareholder Returns
Chord Energy returned $944 million to shareholders in 2024 and repurchased over 5% of its shares outstanding, with plans to continue share repurchases in 2025.
Operational Efficiency and Cost Management
Chord achieved a 12% compounded annual growth rate in oil production per share over the last three years while maintaining a strong balance sheet and paying $2 billion in dividends.
Strong Fourth Quarter Performance
Fourth quarter free cash flow was $282 million, with oil volumes exceeding guidance and operating expenses below expectations.
Capital Efficiency and Long Laterals Strategy
Chord has improved capital efficiency with longer laterals, achieving 50% more EUR for only 20% more capital in three-mile laterals compared to two-mile wells.
Commitment to Sustainability
Chord continues to focus on sustainability, minimizing environmental impact, and being a good community partner.