Earnings ·
Chord Energy Corporation reported second quarter 2026 financial results on August 5, 2026
CHRDChord Energy Corp
Chord Energy Corporation reported second quarter 2026 financial results on August 5, 2026. The company generated net income of $525.2 million and adjusted free cash flow of $414.1 million. Oil production averaged 165.4 thousand barrels per day, meeting the high end of guidance, while capital expenditures were $416 million. Chord declared a base dividend of $1.30 per share, payable on September 4, 2026 to shareholders of record as of August 20, 2026. The company also repurchased $147.4 million in shares during the quarter and updated its full-year 2026 outlook, maintaining an adjusted EBITDA target of approximately $3.0 billion.