Chord Energy Corporation (CHRD)
NASDAQ:CHRD
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
6.26Last Year’s EPS
1.79Same Quarter Last Year
Strong Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, substantial free cash flow ($324M in Q1; ~$1.4B expected for 2026 at $80/bbl), meaningful cost reductions (37% D&C cost/ft; 22%–25% lower F&D), successful execution of four-mile laterals, and active shareholder returns, while acknowledging external macro risks (market volatility, backwardation), midstream constraints, limited hedges beyond 2026, and some LOE increases. Overall, the positives — robust cash generation, efficiency gains, inventory depth, and disciplined capital allocation — materially outweigh the macro and timing-related headwinds.Company Guidance
Strong Adjusted Free Cash Flow
Adjusted free cash flow of $324 million in Q1, substantially exceeding expectations; company forecasts approximately $1.4 billion of free cash flow for 2026 assuming $80/bbl oil and $3.25/MMBtu gas.
Shareholder Returns and Balance Sheet Strengthening
Returned $145 million to shareholders in Q1 via base dividend and share repurchases; after lease acquisitions, directed $175 million to the balance sheet to reduce net debt and create per-share value.
Production Above Guidance Despite Adversity
Oil volumes delivered above the high end of guidance for the quarter despite adverse weather and midstream constraints, demonstrating operational resilience.
Updated 2026 Outlook: Incremental Volume and Cash Flow Upside
Updated 2026 outlook includes a 2,000 barrels-per-day increase in oil volumes and, assuming $80 oil, more than $40 million of incremental free cash flow versus February expectations; drilling & completions capital unchanged.
Sustained Cost and Efficiency Improvements
37% reduction in drilling & completion cost per foot over the past four years; company-level future finding & development (F&D) costs have trended 22%–25% lower over recent years, underpinning improved program-level capital efficiency.
Successful Four-Mile Development Execution
First full four-mile BSU development (Tuni pad) executed and turned in line (five wells); 12 four-mile laterals producing and 33 drilled; scaling four-mile program with ~40% of 2026 TILs and ~60% of spuds being four-mile laterals.
Base Production Optimization Gains
Base production enhancement program (AI-optimized artificial lift, workovers, chemical jobs, debottlenecking) has arrested declines on older wells and produced short-cycle volumes, supported by organizational changes such as a dedicated production engineering team for lower-producing wells.
Hedge Program and Realizations
Approximately one-third of 2026 oil volumes hedged and modest hedges in outer years; company is realizing modest premiums to WTI driven by basin differentials and coastal market linkages.
Inventory Depth and Low-Breakeven Inventory
Maintains ~10+ years of inventory on a sub-$60 WTI breakeven basis, with optionality to accelerate low-cost inventory if macro durability supports higher long-term prices.
CHRD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CHRD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $147.86 | $139.62 | -5.58% |
Feb 25, 2026 | $101.73 | $103.38 | +1.62% |
Nov 04, 2025 | $86.01 | $82.20 | -4.43% |
Aug 06, 2025 | $100.11 | $95.04 | -5.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Chord Energy Corporation (CHRD) report earnings?
Chord Energy Corporation (CHRD) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Chord Energy Corporation (CHRD) earnings time?
Chord Energy Corporation (CHRD) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CHRD EPS forecast?
CHRD EPS forecast for the fiscal quarter 2026 (Q2) is 6.26.