Chord Energy: A Large FCF Generator In The Permian Basin

Company Overview - Chord Energy (NASDAQ: CHRD) is engaged in oil and gas exploration and production in the United States, with a focus on the Williston Basin [1] Investment Focus - The company is not part of the integrated oil and gas industry, indicating a specialized operational focus [1] - The investment strategy emphasizes value companies linked to commodity production, particularly those with sustained free cash flows, low leverage, and sustainable debt [1] Market Positioning - Chord Energy targets companies that are in distress but have high recovery potential, particularly in sectors not widely considered by the market, such as oil & gas, metals, and mining [1] - The company is interested in emerging markets that exhibit high margins and present good medium to long-term investment opportunities [1] Shareholder Value - Chord Energy maintains a solid pro-shareholder attitude, with a focus on sustained buyback programs and dividend distributions over time [1]