Chord Reports Q4 Revenue of $1.17B, Exceeds Expectations
Reports Q4 revenue $1.17B, consensus $1.03B. Reports Q4 total volumes 272.8 MBoepd. "2025 was an outstanding year for Chord," said CEO Danny Brown. "We demonstrated consistent execution, both increasing volumes and lowering capital relative to original expectations. Importantly, Chord also significantly enhanced its cost structure through multiple initiatives, which resulted in improved free cash flow while increasing and improving the quality of our inventory...Q4 results continue our pattern of strong performance, with higher than expected production supported by solid execution and well results, all while maintaining our focus on cost control. Chord also guided to a strong Q1, despite challenging weather in December and January. Chord's outlook is compelling, supported by deep, low-cost, oil-weighted inventory, a strong balance sheet, excellent track record on execution, and a relentless focus on continuous improvement...Chord is well positioned to handle the ongoing volatility with commodity prices, generating solid free cash flow at current prices, with notable upside to the next upcycle. We look forward to continuing to execute and deliver value for our shareholders."
