Chord Energy's Q4 2024 results were highlighted by net income of $210.6 million, revenue of $1.45 billion, and strong free cash flow generation. The company exceeded its production guidance and demonstrated effective cost control.
Chord Energy Corporation reported strong third quarter 2024 financial and operating results. Oil volumes were near the high end of guidance, and capital expenditures were below the low end of guidance. The company repurchased $146MM of shares and issued a three-year outlook (2025-2027) to hold oil volumes flat with $1.4B annual capital spending.
Chord Energy reported strong second quarter 2024 results, driven by solid well performance and lower downtime, which led to free cash flow exceeding expectations. The combination with Enerplus closed during the quarter, establishing Chord as a premier Williston Basin operator. The company is on pace to achieve over $200MM in annual synergies, surpassing original expectations.