Chord Energy (CHRD)
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Compared to Estimates, Chord Energy Corporation (CHRD) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-22 01:31
For the quarter ended December 2023, Chord Energy Corporation (CHRD) reported revenue of $964.69 million, down 5% over the same period last year. EPS came in at $5.25, compared to $5.28 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $891.67 million, representing a surprise of +8.19%. The company delivered an EPS surprise of +4.17%, with the consensus EPS estimate being $5.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...
Chord Energy Corporation (CHRD) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-22 00:51
Chord Energy Corporation (CHRD) came out with quarterly earnings of $5.25 per share, beating the Zacks Consensus Estimate of $5.04 per share. This compares to earnings of $5.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this company would post earnings of $5.22 per share when it actually produced earnings of $5.04, delivering a surprise of -3.45%.Over the last four quarters, the ...
Chord Energy Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results, Declares Base and Variable Dividends and Issues 2024 Outlook
Prnewswire· 2024-02-21 22:26
HOUSTON, Feb. 21, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today reported financial and operating results for the fourth quarter and full-year 2023 and announced its 2024 outlook. Operational and Financial Highlights: Oil volumes of 106.2 MBopd and total volumes of 183.8 MBoepd in 4Q23 both exceeded the high-end of guidance. FY23 oil volumes were 99.8 MBopd with total volumes of 173.4 MBoepd; E&P and other CapEx of $208.8MM in 4Q23 (including $ ...
Chord Energy and Enerplus to Combine in $11 Billion Transaction Creating Premier Williston-Focused E&P Company with Top-Tier Shareholder Returns
Prnewswire· 2024-02-21 22:19
Enhanced Operating Scale to Drive Returns and Free Cash Flow; Combined Acreage PositionTotaling 1.3 Million Net Acres and Combined 4Q23 Production of 287,000 Boepd Combined Company has Approximately 10 years of Low-Breakeven Inventory with Significant Opportunity to Enhance Returns through Efficiencies and Expanding Three-Mile Lateral Opportunities Transaction Accretive to Key Metrics While Preserving Low Leverage; Strong Balance Sheet and Significant Liquidity at Close Transaction Expected to Generate Admi ...
Chord Energy (CHRD) - 2023 Q4 - Annual Results
2024-02-20 16:00
Exhibit 99.1 Chord Energy Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results, Declares Base and Variable Dividends and Issues 2024 Outlook Houston, Texas — February 21, 2024 — Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today reported financial and operating results for the fourth quarter and full-year 2023 and announced its 2024 outlook. Operational and Financial Highlights: • Oil volumes of 106.2 MBopd and total volumes of 183.8 MBoepd in 4Q23 ...
Chord Energy Schedules Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call
PRNewsWire· 2024-02-14 22:17
HOUSTON, Feb. 14, 2024 /PRNewswire/ -- Chord Energy Corp. (Nasdaq: CHRD) ("Chord" or the "Company") plans to announce its fourth quarter and full-year 2023 financial and operating results on Wednesday, February 21, 2024 after market close. The Company will host a live webcast and conference call on Thursday, February 22, 2024 at 10:00 a.m. Central.Investors, analysts and other interested parties are invited to listen to the webcast:Date: Thursday, February 22, 2024Time: 10:00 a.m. CentralLive Webcast: https ...
Chord Energy (CHRD) - 2023 Q3 - Earnings Call Transcript
2023-11-02 15:10
Thanks Danny. I'll highlight a handful of key operating and financial items for the third quarter and discuss our updated 2023 guidance. As Danny mentioned, oil volumes were strong in the third quarter about 4.5% over midpoint guidance. Total volumes were about 3.8% above midpoint guidance. We are also -- we are open and have and look at out of basin consolidation opportunities, but we're also very clear-eyed and recognize that the risk associated with out of basin consolidation is higher than the risk asso ...
Chord Energy (CHRD) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
Commodity derivative contracts. The Company utilizes derivative financial instruments to manage risks related to changes in commodity prices. The Company's crude oil contracts settle monthly based on the average NYMEX WTI and its natural gas contracts settle monthly based on the average NYMEX Henry Hub natural gas index price. The Company utilizes fixed-price swaps and two-way and three-way collars to manage risks related to changes in commodity prices. The Company's fixed-price swaps are designed to establ ...
Chord Energy (CHRD) - 2023 Q2 - Earnings Call Transcript
2023-08-03 18:58
In addition, NGL realizations were impacted by a combination of lower Conway prices and impacts associated with our TNF [ph] fees. Our TNF fees are allocated based on a percent of gas and NGL revenues. With Uyghur residue gas prices in the second quarter NGL realizations were disproportionately impacted quarter-overquarter. We have updated realization guidance to reflect recent market conditions. From an operating profit standpoint, the result of this change is neutral. But it does result in higher GPT but ...
Chord Energy (CHRD) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 1-34776 (281) 404-9500 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 d ...