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
Base Dividend
“$1.30 per share of common stock”
Period
Q3 FY2025
Measure
Declared action
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
(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 returns after the base dividend. Subsequent to 2Q25, the Company repurchased 423,902 shares of common stock totaling $45.2MM through August 1, 2025. Shares issued and outstanding as of August 1, 2025 were 57.3MM (57.7MM on a fully-diluted basis), compared to 57.6MM (58.1MM on a fully-diluted basis) as of June 30, 2025. Chord’s Board of Directors has authorized a new share repurchase program totaling $1B, which replaces the existing program. 2025 Outlook Update: Chord is updating its FY25 guidance to reflect 1H25 performance and its latest projections. Chord remains on track to return a second completions crew to operations in 4Q25, given current oil prices. Chord has delivered production volumes and capital better than expectations in the firs
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.