For Q1 FY2026 (ended March 31, 2026), Chord Energy reported revenue of $1.67 billion, up 37.1% year-over-year. Net income was $108.6 million, down 50.6% from the prior year, while operating income fell 1.4% to $333.2 million. Diluted EPS decreased 48.1% to $1.90. The company held $225.8 million in cash, $8.05 billion in equity, and $1.48 billion in long-term debt.
•Revenue increased 37.1% YoY to $1.67 billion.
•Net income declined 50.6% YoY to $108.6 million.
•Diluted EPS fell 48.1% to $1.90.
•Long-term debt stood at $1.48 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Chord Energy is an independent exploration and production company in the United States. The company engages in the acquisition, exploration, development and production of crude oil, natural gas, and natural gas liquids in the Williston Basin.
Products are distributed to refiners, marketers, and purchasers that have access to pipeline and rail facilities. Founded in 2007 and headquartered in Houston, Texas, Chord Energy was formerly known as Oasis Petroleum Inc. before rebranding in July 2022.
Chord Energy Corporation is an independent exploration and production company based in the United States. The company focuses on the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are concentrated in the Williston Basin, a major oil-producing region. Chord Energy sells its products to refiners, marketers, and purchasers that have access to pipeline and rail facilities, ensuring efficient distribution of its output.
On which stock exchange is Chord Energy (CHRD) listed and in what currency?
Chord Energy Corporation is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CHRD. The company's shares are traded in US Dollars (USD), reflecting its primary listing in the United States. As a US-based energy company, its financial reporting and stock transactions are conducted in USD, making it accessible to investors on major US exchanges.
What sector and industry does Chord Energy (CHRD) operate in?
Chord Energy operates in the Energy sector, specifically within the Oil & Gas E&P (Exploration and Production) industry. This means the company is involved in finding, extracting, and producing crude oil and natural gas. As an E&P company, Chord Energy's core activities include drilling wells, managing reservoirs, and bringing hydrocarbons to the surface for sale. The industry is capital-intensive and sensitive to commodity prices, with operations focused on the Williston Basin.
Where is Chord Energy (CHRD) headquartered and what is its history?
Chord Energy Corporation is headquartered in Houston, Texas, a major hub for the energy industry. The company was founded in 2007 and was originally known as Oasis Petroleum Inc. In July 2022, it rebranded to Chord Energy Corporation. The company's operations are primarily in the Williston Basin, which spans parts of North Dakota, Montana, and South Dakota. This region is known for its significant oil and gas reserves, particularly from the Bakken formation.
How does Chord Energy (CHRD) make money?
Chord Energy generates revenue by producing and selling crude oil, natural gas, and natural gas liquids. The company acquires, explores, develops, and produces these hydrocarbons from its assets in the Williston Basin. Its products are sold to refiners, marketers, and purchasers who have access to pipeline and rail facilities for transportation. Chord Energy's profitability depends on commodity prices, production volumes, and its ability to manage operational costs. As an independent E&P company, it does not own refineries or downstream operations, focusing solely on upstream activities.