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 Discount to WTI ($/Bbl)
“$(2.40) – $(0.40)”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Guidance table
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 – $72”
Cash Tax (% of Adjusted EBITDA) for Q2 FY2026
“3% – 10%”
Exhibit 99.1 · the passage around this item
… earlier in the release
The following table presents select operational and financial guidance for the periods presented: Metric 3Q25 Guidance 4Q25 Guidance FY25 Guidance Oil Volumes (MBopd) 153.5 – 157.5 143.5 – 148.5 151.8 – 154.1 NGL Volumes (MBblpd) 50.5 – 54.5 48.0 – 53.0 50.2 – 52.5 Natural Gas Volumes (MMcfpd) 430.0 – 442.0 422.0 – 440.0 423.1 – 430.7 Total Volumes (MBoepd) 275.7 – 285.7 261.8 – 274.8 272.5 – 278.3 E&P & Other CapEx ($MM) $315 – $345 $295 – $325 $1,320 – $1,380 Oil Discount to WTI ($/Bbl) $(1.75) – $0.25 $(2.40) – $(0.40) $(2.15) – $(1.15) NGL Realization (% of WTI) 5% – 15% 10% – 20% 11% – 16% Natural Gas Realization (% of Henry Hub) 20% – 30% 30% – 40% 36% – 41% LOE ($/Boe) $8.70 – $9.70 $9.15 – $10.15 $9.35 – $9.85 Cash GPT ($/Boe) (1) $2.65 – $3.15 $2.65 – $3.15 $2.80 – $3.05 Cash G&A ($MM) (1) $20 – $25 $20 – $25 $90 – $100 Production Taxes (% of Oil, NGL and Natural Gas Sales) 8.3% – 8.8% 8.3% – 8.8% 7.6% – 7.8% Cash Interest ($MM) (1) $17 – $19 $17 – $19 $68 – $72 Cash Tax (% of Adjusted EBITDA) (2) 0% – 6% 3% – 10% 3.5% – 6.5% ___________________ (1) Non-GAAP financial measure. See “Non-GAAP Financial Measures” below for more information . (2) Cash Tax guidance reflects 2H25 WTI prices between $60/Bbl – $80/Bbl. Select Operational and Financial Data: The following table presents select operational and financial data for the periods presented: 2Q25 1Q25 2Q24 Production data: Crude oil (MBopd) 156.7 153.7 118.1 NGLs (MBblpd) 54.1 48.1 40.5 Natural gas (MMcfpd) (2) 425.9 414.5 291.5 Total production (MBoepd) 281.9 270.9 207.2 Percent crude oil 55.6 % 56.7 % 57.0 % Average sales prices: Crude oil, without realized derivatives ($/Bbl) $ 61.62 $ 69.11 $ 78.89 Differential to N
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.