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
Cash GPT ($/Boe)
“$2.65 – $3.15”
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 – $72”
Cash Tax (% of Adjusted EBITDA) for Q2 FY2026
“3% – 10%”
Exhibit 99.1 · the passage around this item
… earlier in the release
We remain focused on optimizing capital allocation while operating in a safe and sustainable manner.” 1 2Q25 Operational and Financial Update: The following table presents select 2Q25 operational and financial data compared to guidance released on May 6, 2025: Metric 2Q25 Actual 2Q25 Guidance Oil Volumes (MBopd) 156.7 153.0 – 156.0 NGL Volumes (MBblpd) 54.1 47.3 – 48.8 Natural Gas Volumes (MMcfpd) 425.9 408.5 – 421.5 Total Volumes (MBoepd) 281.9 268.3 – 275.0 E&P & Other CapEx ($MM) $355.6 $355 – $385 Oil Discount to WTI ($/Bbl) $(2.15) $(3.05) – $(1.05) NGL Realization (% of WTI) 9% 5% – 15% Natural Gas Realization (% of Henry Hub) 32% 25% – 35% LOE ($/Boe) $10.02 $9.25 – $10.25 Cash GPT ($/Boe) (1) $2.80 $2.65 – $3.15 Cash G&A ($MM) (1) $21.7 $26.0 – $28.0 Production Taxes (% of Oil, NGL and Natural Gas Sales) (2) 7.3% 8.3% – 8.8% Cash Interest ($MM) (1) $18.6 $16.5 – $18.5 Cash Tax (% of Adjusted EBITDA) (3) 5.9% 2% – 9% ___________________ (1) Non-GAAP financial measure. See “Non-GAAP Financial Measures” below for a reconciliation to the most directly comparable financial measures under GAAP. (2) 2Q25 includes non-recurring reimbursements of $8.5MM. (3) Cash taxes paid during the three months ended June 30, 2025 were $32.1MM, or 5.9% of Adjusted EBITDA. Guidance range based on NYMEX WTI between $55/Bbl – $75/Bbl. Chord had 37 gross (29.3 net) operated TILs in 2Q25. Return of Capital: Chord declared a base dividend of $1.30 per share of common stock. The dividend will be payable on September 8, 2025 to shareholders of record as of August 21, 2025. Details regarding the Return of Capital calculation can be found in the Company’s most recent investor presentation located on its website at https://ir.chordenergy.com/presentations. The Company repurchased 605,621 shares of common stock at a weighted average price of $90.80 per share totaling $55.0MM in 2Q25, representing 100% of shareholder return
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.