HOUSTON, March 6, 2024 /PRNewswire/ -- Chord Energy Corp. (Nasdaq: CHRD) ("Chord", "Chord Energy" or the "Company") announced today that Michael Lou will serve as Executive Vice President, Chief Strategy Officer and Chief Commercial Officer and Shannon Kinney will serve as Executive Vice President, Chief Administrative Officer, and General Counsel. Additionally, Richard Robuck has been promoted to Executive Vice President and Chief Financial Officer. "Michael has been an integral part of the Chord team, and ...

Macro close-up of a gift box of gourmet chocolates.gettyI think I’ve been asked every day this week from ordinary people if I’m trading NVIDIA (NVDA).Be careful out there, my fellow contrarian!A sharp pullback is possible. Something has to shake the froth out of this market. When that happens, investors will look for stocks that are high on income and low on volatility. Today we’ll highlight six paying up to 8.6%.The secret is beta, a measure of an investment’s volatility against a benchmark. For instance, ...

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.  Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:  Chord Energy Corporation (Nasdaq: CHRD) c ...

Internal controls over reserves estimation process We employ NSAI as the independent preparer for 100% of our reserves. We maintain an internal staff of petroleum engineers and geoscience professionals who work closely with the independent reserve engineers to ensure the integrity, accuracy and timeliness of data furnished for the reserves estimation process. Our Managing Director, Corporate Planning & Reserves is responsible for overseeing the preparation of the reserves estimates under the supervision of ...

Chord Energy Corporation (CHRD) ), a U.S. oil and gas producer, signed an agreement to acquire Calgary-based Enerplus Corporation (ERF) in a stock-and-cash transaction. The combined entity — with an enterprise value of approximately $11 billion — will acquire a premier position in the Williston basin. This basin has approximately 1.3 million net acres in area and registered a production of 287,000 barrels of oil equivalent per day in the fourth quarter of 2023. After the merger, the new company will be able ...

Chord Energy Corporation (NASDAQ:CHRD) Chord Energy Strategic Combination with Enerplus and Q4 2023 Earnings Conference Call February 21, 2024 6:00 PM ET Company Participants Michael Lou – Executive Vice President and Chief Financial Officer, Chord Energy Danny Brown – President and Chief Executive Officer, Chord Energy Ian Dundas – President and Chief Executive Officer, Enerplus Darrin Henke – Executive Vice President and Chief Operating Officer Conference Call Participants Derrick Whitfield – Stifel Neal ...

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) 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 ...

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 $ ...

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 ...