HighGravityDataChord Energy — Feb 25, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001486159-26-000004
Showing in the filing
Cash Tax (% of Adjusted EBITDA)
“1% – 5%”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 43
Base dividend
“$1.30 per share”
NGL Realization (% of WTI) for Q1 FY2026
“5% – 15%”
Cash Tax (% of Adjusted EBITDA) for Q1 FY2026
“0% – 3%”
Oil Volumes Outlook for FY2026
“157 – 161 MBopd”
Adjusted EBITDA for FY2026
“approximately $2.3B”
Adjusted Free Cash Flow for FY2026
“$700MM”
Oil volumes at midpoint of for FY2026
“159 MBopd”
1Q26 volumes at midpoint for Q1 FY2026
“154 MBopd”
Volumes for Q2 FY2026
“154 MBopd”
Portion of CapEx related to operated and non… for FY2026
“~90%”
Portion of FY26 CapEx incurred for Q2 FY2026
“~80%”
Midstream projects for FY2026
“~$30MM”
Midstream projects capital for FY2026
“~$30MM”
CapEx at midpoint of for FY2026
“$1.4B”
Gross operated TILs for FY2026
“135 – 165”
TIL gross operated wells for FY2026
“135 – 165”
3-mile laterals of TILs for FY2026
“~40%”
Average working interest of TILs for FY2026
“~75%”
Oil Volumes (MBopd) for Q1 FY2026
“152.5 – 155.5”
Oil Volumes (MBopd) for FY2026
“157.0 – 161.0”
NGL Volumes (MBblpd) for Q1 FY2026
“48.0 – 49.0”
NGL Volumes (MBblpd) for FY2026
“49.5 – 50.5”
Natural Gas Volumes (MMcfpd) for Q1 FY2026
“401.0 – 409.0”
Natural Gas Volumes (MMcfpd) for FY2026
“403.0 – 413.0”
Total Volumes (MBoepd) for Q1 FY2026
“267.3 – 272.7”
Total Volumes (MBoepd) for FY2026
“273.7 – 280.3”
CapEx ($MM) for Q1 FY2026
“$325 – $355”
CapEx ($MM) for FY2026
“$1,350 – $1,450”
Oil Discount to WTI ($/Bbl) for Q1 FY2026
“$(1.60) – $(2.60)”
Oil Discount to WTI ($/Bbl) for FY2026
“$(1.50) – $(2.50)”
Natural Gas Realization (% of Henry Hub) for Q1 FY2026
“50% – 60%”
Natural Gas Realization (% of Henry Hub) for FY2026
“35% – 45%”
LOE ($/Boe) for Q1 FY2026
“$9.40 – $10.40”
LOE ($/Boe) for FY2026
“$9.30 – $10.30”
Cash GPT ($/Boe) for Q1 FY2026
“$2.75 – $3.25”
Cash GPT ($/Boe) for FY2026
“$2.65 – $3.15”
Cash G&A ($MM) for Q1 FY2026
“$23 – $28”
Cash G&A ($MM) for FY2026
“$90 – $100”
Production Taxes (% of Oil, NGL and Natural … for Q1 FY2026
“7.5% – 7.9%”
Production Taxes (% of Oil, NGL and Natural … for FY2026
“7.7% – 8.1%”
Cash Interest ($MM) for Q1 FY2026
“$25 – $27”
Cash Interest ($MM) for FY2026
“$100 – $110”
Cash Tax (% of Adjusted EBITDA) for FY2026
“1% – 5%”
Exhibit 99.1 · the passage around this item
… earlier in the release
The following table presents select operational and financial guidance for the periods presented: Metric 1Q26 Guidance FY26 Guidance Oil Volumes (MBopd) 152.5 – 155.5 157.0 – 161.0 NGL Volumes (MBblpd) 48.0 – 49.0 49.5 – 50.5 Natural Gas Volumes (MMcfpd) 401.0 – 409.0 403.0 – 413.0 Total Volumes (MBoepd) 267.3 – 272.7 273.7 – 280.3 CapEx ($MM) $325 – $355 $1,350 – $1,450 Oil Discount to WTI ($/Bbl) $(1.60) – $(2.60) $(1.50) – $(2.50) NGL Realization (% of WTI) 5% – 15% 5% – 15% Natural Gas Realization (% of Henry Hub) 50% – 60% 35% – 45% LOE ($/Boe) $9.40 – $10.40 $9.30 – $10.30 Cash GPT ($/Boe) (1) $2.75 – $3.25 $2.65 – $3.15 Cash G&A ($MM) (1) $23 – $28 $90 – $100 Production Taxes (% of Oil, NGL and Natural Gas Sales) 7.5% – 7.9% 7.7% – 8.1% Cash Interest ($MM) (1) $25 – $27 $100 – $110 Cash Tax (% of Adjusted EBITDA) (2) 0% – 3% 1% – 5% ___________________ (1) Non-GAAP financial measure. See “Non-GAAP Financial Measures” below for more information . (2) 1Q26 and FY26 reflect $55/Bbl – $70/Bbl WTI. 4 Select Operational and Financial Data: The following table presents select operational and financial data for the periods presented: 4Q25 3Q25 FY25 Production data: Crude oil (MBopd) 153.0 155.7 154.8 NGL (MBblpd) 52.4 55.1 52.5 Natural gas (MMcfpd) (1) 404.2 420.1 416.2 Total production (MBoepd) 272.8 280.9 276.6 Percent crude oil 56.1 % 55.4 % 56.0 % Average sales prices: Crude oil, without realized derivatives ($/Bbl) $ 56.90 $ 63.59 $ 62.78 Differential to NYMEX WTI ($/Bbl) (2.24) (1.41) (2.02) Crude oil, with realized derivatives ($/Bbl) 58.62 64.16 63.59 Crude oil realized derivatives gain ($MM) (24.3) (8.3) (45.9) NGL, without realized derivatives ($/Bbl) 4.88 4.89 7.22 NGL, with realized derivatives ($/Bbl) 4.88 4.89 7.22 Natural gas, without realized derivatives ($/Mcf) (2) 1.40 0.81 1.40 Natural gas, with realized derivatives ($/Mcf) 1.56 1.11 1.51 Natural gas realized derivatives gain ($MM) (5.9) (11.5) (17.9) Selected financial data ($MM): Revenues: Crude oil revenues $ 8
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.