Chord Energy Reports Strong Q1 2025 Results

Chord Energy Corporation ( (CHRD) ) has released its Q1 earnings. Here is a breakdown of the information Chord Energy Corporation presented to its investors.

Chord Energy Corporation is an independent exploration and production company focused on developing unconventional oil-rich resources in the Williston Basin, with a strong emphasis on capital discipline and generating free cash flow.

In its first quarter of 2025, Chord Energy reported financial results that exceeded expectations, driven by strong operational execution and cost control. The company declared a base dividend and returned 100% of its adjusted free cash flow to shareholders through share repurchases.

Key financial highlights include a net income of $219.8 million, adjusted EBITDA of $695.5 million, and adjusted free cash flow of $290.5 million. The company achieved production volumes surpassing guidance and maintained financial flexibility by issuing $750 million in senior notes, enhancing liquidity to over $1.9 billion.

Looking ahead, Chord Energy plans to reduce activity in line with its original 2025 operating plan, maintaining production guidance while decreasing capital expenditures by $30 million due to program efficiencies. The company remains vigilant of the macroeconomic environment and is prepared to adjust its operations as needed.

Chord Energy’s management remains confident in its ability to navigate potential market challenges, focusing on optimizing capital allocation and maintaining a strong position in the industry.