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Chord Energy (CHRD)
NASDAQ:CHRD
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.94Last Year’s EPS
4.69Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 6.19%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
Chord Energy reported strong financial and operational results for the first quarter of 2025, marked by solid free cash flow, shareholder returns, and operational efficiency improvements. However, the company faces challenges due to a deteriorating pricing outlook and potential production decline in the fourth quarter. Despite these challenges, the company's strong balance sheet and strategic initiatives provide a positive outlook.Company Guidance
During the Chord Energy First Quarter 2025 Earnings Call, CEO Danny Brown highlighted several key metrics and strategic decisions that underscored the company's solid performance. Chord delivered an adjusted free cash flow of approximately $291 million, exceeding expectations, which allowed for robust shareholder returns, including the repurchase of $216.5 million, or about 2 million shares, and an additional $45 million since April 1. The company maintained a leverage ratio of approximately 0.3 times and reduced its share count by about 9% since the Enerplus transaction. A $30 million reduction in full-year capital guidance was announced, attributed to improved program efficiencies, with no change to volume expectations. Chord's strategic focus includes plans to increase the share of four-mile laterals in its inventory to enhance economic returns, with a goal of converting over 80% of its inventory to long laterals. Additionally, the company emphasized its strong balance sheet and operational flexibility to navigate price volatility, while maintaining a commitment to sustainability.Strong Free Cash Flow
Chord Energy delivered adjusted free cash flow of approximately $291 million for the first quarter, supported by strong execution in well performance and favorable capital guidance.
Robust Shareholder Returns
Chord maintained shareholder returns at 100% of free cash flow for the second consecutive quarter, repurchasing $216.5 million or about 2 million shares during the quarter.
Operational Efficiency Improvements
The company reduced its full-year capital guidance by $30 million due to program efficiencies, without impacting production volumes.
Successful Implementation of Longer Laterals
Chord successfully drilled and completed its first four-mile lateral, leading to a well cost approximately $1 million below the original budget.
Strong Balance Sheet and Low Leverage
Chord has a leverage ratio of 0.3 times, maintaining strong liquidity and balance sheet strength versus peer groups.
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 06, 2025 | $89.36 | $88.90 | -0.51% |
Feb 25, 2025 | $105.73 | $110.35 | +4.37% |
Nov 06, 2024 | $127.08 | $127.94 | +0.68% |
Aug 07, 2024 | $145.32 | $143.02 | -1.58% |
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 (CHRD) report earnings?
Chord Energy (CHRD) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Chord Energy (CHRD) earnings time?
Chord Energy (CHRD) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CHRD EPS forecast?
CHRD EPS forecast for the fiscal quarter 2025 (Q2) is 1.94.