Chord Energy Stock Rises Marginally Since Q3 Earnings Beat

Core Insights - Chord Energy Corporation (CHRD) reported better-than-expected third-quarter 2025 results, with adjusted earnings of $2.35 per share, surpassing the Zacks Consensus Estimate of $2.24, although down from $3.40 in the same quarter last year [1][9] - Total quarterly revenues reached $1,312.1 million, exceeding the Zacks Consensus Estimate of $993.8 million, but decreased from $1,450.5 million in the prior year [2][9] Production Overview - CHRD's total production for the third quarter was 280.9 thousand barrels of oil equivalent per day (MBoE/D), nearly unchanged from 280.8 MBoE/D a year ago [4][9] - Oil production accounted for 55.4% of total production, amounting to 155.7 thousand barrels per day (MBbl/D), down from 158.8 MBbl/D in the previous year [4] - Natural gas production was 420.1 million cubic feet per day (MMcf/D), slightly down from 421.8 MMcf/D recorded a year ago [4] Pricing and Expenses - Average sales prices for natural gas increased to $0.81 per Mcf from $0.44 a year ago, while oil price realization was $63.59 per barrel, down from $73.51 [5] - Total operating expenses decreased to $1,140.9 million from $1,174.6 million in the prior year, with lease operating costs slightly up to $248.6 million [6] Capital Expenditures and Financials - In the third quarter, Chord Energy spent $333.7 million on exploration and production and other operations [7] - As of September 30, 2025, the company had a total debt of $1.5 billion [7] Future Outlook - Chord Energy's production guidance for 2025 is projected between 275.6 MBoE/D and 278.1 MBoE/D, with expectations for the December quarter production ranging from 268.7 MBoE/D to 278.7 MBoE/D [10] - The company anticipates full-year oil production of 153.8-154.8 MBbl/D, with fourth-quarter expectations of 149 MBbl/D to 153 MBbl/D [10]