Chord Energy Reports First Quarter 2026 Financial and Operating Results, Updates 2026 Outlook and Declares Base Dividend
Chord Energy reported Q1 operating revenue of $1.15 billion and Adjusted Free Cash Flow of $324 million, exceeding expectations driven by oil volumes of 158 MBopd which topped the high-end of guidance. The company raised its FY26 oil volume guidance by 2 MBopd to a midpoint of 161 MBopd while keeping full-year capital guidance unchanged at approximately $1.4 billion, projecting roughly $3.1B in Adjusted EBITDA and $1.4B in Adjusted FCF for the year.
Key figures
- Eps
- 4.56
- Guidance
- FY26 oil volumes 160.0 - 162.0 MBopd (raised from 152.5 - 155.5), Adjusted EBITDA ~$3.1B, Adjusted FCF ~$1.4B, CapEx $1.355B - $1.445B (unchanged)
- Capex
- 344900000
- Net income
- 108600000
- Adjusted fcf
- 324000000
- Adjusted ebitda
- 713000000
- Oil volumes mbopd
- 158
AI analysis
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