HighGravityDataChord Energy — Aug 6, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001486159-25-000035
Showing in the filing
Oil Differentials
“Narrowed by $0.30/Bbl”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 46
Base dividend
“$1.30 per share”
4-mile lateral TILs for FY2025
“seven 4-mile laterals in FY25”
Adjusted FCF improvement vs. February outlook for FY2025
“a ~20% improvement in Adjusted FCF”
Adjusted FCF per share improvement vs. Febru… for FY2025
“~25% improvement in Adjusted FCF per share vs. the February outlook (normalized for commodity pricing)”
Cash GPT ($/Boe) for Q2 FY2026
“$2.65 – $3.15”
Base Dividend for Q3 FY2025
“$1.30 per share of common stock”
Share Repurchase Program Authorization
“$1B”
Adjusted EBITDA for FY2025
“approximately $2.4B”
Adjusted FCF for FY2025
“approximately $850MM”
Gross operated wells for FY2025
“115 – 135”
TIL gross operated wells for FY2025
“115 – 135 gross operated wells (~80% working interest)”
Gross operated TILs for Q2 FY2026
“30 – 40”
Gross operated TILs for Q2 FY2026
“30 – 40 gross operated TILs planned for 3Q25 (~70% working interest)”
Oil Volumes for FY2025
“Raised +500 Bopd to 153.0 MBopd at midpoint”
E&P and Other CapEx for FY2025
“Lowered -$20MM to $1.35B at midpoint”
LOE for FY2025
“$9.60/Boe”
Oil Differentials for FY2025
“Narrowed by $0.30/Bbl”
Cash Tax (% of Adjusted EBITDA) for FY2025
“3.5% – 6.5%”
Cash Taxes for FY2025
“3.5% – 6.5%%”
Adjusted FCF change for FY2025
“FY25 Adjusted FCF increasing ~$120MM (~20%) from original plan”
Oil Volumes (MBopd) for Q2 FY2026
“153.5 – 157.5”
Oil Volumes (MBopd) for FY2025
“151.8 – 154.1”
NGL Volumes (MBblpd) for Q2 FY2026
“50.5 – 54.5”
NGL Volumes (MBblpd) for FY2025
“50.2 – 52.5”
Natural Gas Volumes (MMcfpd) for Q2 FY2026
“430.0 – 442.0”
Natural Gas Volumes (MMcfpd) for FY2025
“423.1 – 430.7”
Total Volumes (MBoepd) for Q2 FY2026
“275.7 – 285.7”
Total Volumes (MBoepd) for FY2025
“272.5 – 278.3”
E&P & Other CapEx ($MM) for Q2 FY2026
“$315 – $345”
E&P & Other CapEx ($MM) for FY2025
“$1,320 – $1,380”
Oil Discount to WTI ($/Bbl) for Q2 FY2026
“$(2.40) – $(0.40)”
Oil Discount to WTI ($/Bbl) for FY2025
“$(2.15) – $(1.15)”
NGL Realization (% of WTI) for Q2 FY2026
“10% – 20%”
NGL Realization (% of WTI) for FY2025
“11% – 16%”
Natural Gas Realization (% of Henry Hub) for Q2 FY2026
“20% – 30%”
Natural Gas Realization (% of Henry Hub) for FY2025
“36% – 41%”
LOE ($/Boe) for Q2 FY2026
“$9.15 – $10.15”
LOE ($/Boe) for FY2025
“$9.35 – $9.85”
Cash GPT ($/Boe) for FY2025
“$2.80 – $3.05”
Cash G&A ($MM) for Q2 FY2026
“$20 – $25”
Cash G&A ($MM) for FY2025
“$90 – $100”
Production Taxes (% of Oil, NGL and Natural … for Q2 FY2026
“8.3% – 8.8%”
Production Taxes (% of Oil, NGL and Natural … for FY2025
“7.6% – 7.8%”
Cash Interest ($MM) for Q2 FY2026
“$17 – $19”
Cash Interest ($MM) for FY2025
“$68 – $72”
Cash Tax (% of Adjusted EBITDA) for Q2 FY2026
“3% – 10%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Highlights of Chord’s updated FY25 guidance include: • Oil Volumes: Raised +500 Bopd to 153.0 MBopd at midpoint, driven by strong well performance and improved uptime; • E&P and Other CapEx: Lowered -$20MM to $1.35B at midpoint; now -$50MM below original plan; • LOE: Maintained at $9.60/Boe midpoint; -$0.30/Boe below original plan; 2 • Oil Differentials: Narrowed by $0.30/Bbl to reflect improved 2H25 market conditions; • Cash Taxes: Lowered FY25 cash tax range to 3.5% – 6.5%% of Adjusted EBITDA (reflects 1H25 cash tax payments and 2H25 at $60/Bbl - $80/BBl WTI) reflecting our latest forecasts (previous guidance was 4% – 9% of Adjusted EBITDA); and • Adjusted FCF: FY25 Adjusted FCF increasing ~$120MM (~20%) from original plan, driven by improved capital efficiency and lower operating costs (normalized $65/Bbl WTI and $3.75/MMBtu Henry Hub for both periods). See Chord’s most recent investor presentation located on its website at https://ir.chordenergy.com/presentations for additional information. The following table presents select operational and financial guidance for the periods presented: Metric 3Q25 Guidance 4Q25 Guidance FY25 Guidance Oil Volumes (MBopd) 153.5 – 157.5 143.5 – 148.5 151.8 – 154.1 NGL Volumes (MBblpd) 50.5 – 54.5 48.0 – 53.0 50.2 – 52.5 Natural Gas Volumes (MMcfpd) 430.0 – 442.0 422.0 – 440.0 423.1 – 430.7 Total Volumes (MBoepd) 275.7 – 285.7 261.8 – 274.8 272.5 – 278.3 E&P & Other CapEx ($MM) $315 – $345 $295 – $325 $1,320 – $1,380 Oil Discount to WTI ($/Bbl) $(1.75) – $0.25 $(2.40) – $(0.40) $(2.15) – $(1.15) NGL Realization (% of
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.