HighGravityDataChord Energy — May 5, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001486159-26-000017
Showing in the filing
Cash Interest ($MM)
“$25 - $27”
Period
Q2 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 48
Oil volumes for FY2026
“161 MBopd”
Base dividend
“$1.30 per share”
Cash Interest ($MM) for Q2 FY2026
“$25 - $27”
4-mile laterals share of TILs for FY2026
“approximately 40%”
4-mile laterals share of TILs and spuds for FY2026
“approximately 40% of TILs and 60% of spuds”
4-mile laterals share of spuds for FY2026
“60%”
Adjusted EBITDA for FY2026
“approximately $3.1B”
Adjusted Free Cash Flow for FY2026
“$1.4B”
FY26 oil volumes (midpoint) for FY2026
“161 MBopd”
2Q26 midpoint oil volume for Q2 FY2026
“164.0 MBopd”
Oil volume for Q2 FY2026
“164.0 MBopd”
CapEx for FY2026
“$1.4B”
FY26 CapEx (midpoint, unchanged from Februar… for FY2026
“$1.4B”
2Q26 CapEx (midpoint) for Q2 FY2026
“$425MM”
CapEx for Q2 FY2026
“$425MM”
LOE for FY2026
“$9.95/BOE”
Midpoint FY26 LOE for FY2026
“$9.95/BOE”
TIL gross operated wells plan for FY2026
“135 – 165”
TIL mix: 3-mile laterals for FY2026
“~40% 3-mile laterals”
TIL mix: 4-mile laterals for FY2026
“~40% 4-mile laterals”
Average working interest of planned TILs for FY2026
“~75%”
Oil Volumes (MBopd) for Q2 FY2026
“162.5 - 165.5”
Oil Volumes (MBopd) for FY2026
“160.0 - 162.0”
NGL Volumes (MBblpd) for Q2 FY2026
“50.5 - 51.5”
NGL Volumes (MBblpd) for FY2026
“49.5 - 50.5”
Natural Gas Volumes (MMcfpd) for Q2 FY2026
“400.0 - 408.0”
Natural Gas Volumes (MMcfpd) for FY2026
“401.0 - 407.0”
Total Volumes (MBoepd) for Q2 FY2026
“279.7 - 285.0”
Total Volumes (MBoepd) for FY2026
“276.4 - 280.3”
CapEx ($MM) for Q2 FY2026
“$410 - $440”
CapEx ($MM) for FY2026
“$1,355 - $1,445”
Oil Premium/(Discount) to WTI ($/Bbl) for Q2 FY2026
“$0.50 - $1.50”
Oil Premium/(Discount) to WTI ($/Bbl) for FY2026
“$(0.50) - $0.50”
NGL Realization (% of WTI) for Q2 FY2026
“4% - 10%”
NGL Realization (% of WTI) for FY2026
“4% - 12%”
Natural Gas Realization (% of Henry Hub) for Q2 FY2026
“25% - 35%”
Natural Gas Realization (% of Henry Hub) for FY2026
“36% - 44%”
LOE ($/Boe) for Q2 FY2026
“$9.70 - $10.70”
LOE ($/Boe) for FY2026
“$9.55 - $10.35”
Cash GPT ($/Boe) for Q2 FY2026
“$2.70 - $3.20”
Cash GPT ($/Boe) for FY2026
“$2.70 - $3.10”
Cash G&A ($MM) for Q2 FY2026
“$24 - $26”
Cash G&A ($MM) for FY2026
“$98 - $103”
Production Taxes (% of Oil, NGL and Natural … for Q2 FY2026
“7.9% - 8.3%”
Production Taxes (% of Oil, NGL and Natural … for FY2026
“7.8% - 8.1%”
Cash Interest ($MM) for FY2026
“$100 - $108”
Cash Tax (% of Adjusted EBITDA) for Q2 FY2026
“2% - 8%”
Cash Tax (% of Adjusted EBITDA) for FY2026
“4% - 9%”
Exhibit 99.1 · the passage around this item
… earlier in the release
I want to thank the entire Chord team for their continued focus on safe, efficient execution and their commitment to making our company better every day.” 1 1Q26 Operational and Financial Update: The following table presents select 1Q26 operational and financial data compared to guidance released on February 25, 2026: Metric 1Q26 Actual 1Q26 Guidance Oil Volumes (MBopd) 158.0 152.5 – 155.5 NGL Volumes (MBblpd) 49.0 48.0 – 49.0 Natural Gas Volumes (MMcfpd) 411.4 401.0 – 409.0 Total Volumes (MBoepd) 275.6 267.3 – 272.7 CapEx ($MM) (1) $344.9 $325 – $355 Oil Discount to WTI ($/Bbl) $(2.35) $(1.60) – $(2.60) NGL Realization (% of WTI) 12% 5% – 15% Natural Gas Realization (% of Henry Hub) 64% 50% – 60% LOE ($/Boe) $9.87 $9.40 – $10.40 Cash GPT ($/Boe) (2) $2.79 $2.75 – $3.25 Cash G&A ($MM) (2) $26.9 $23 – $28 Production Taxes (% of Oil, NGL and Natural Gas Sales) 7.5% 7.5% – 7.9% Cash Interest ($MM) (2) $26.0 $25 – $27 Cash Tax (% of Adjusted EBITDA) 2.9% 0% – 3% ___________________ (1) 1Q26 includes $3.0MM of reimbursable non-op CapEx. (2) Non-GAAP financial measure. See “Non-GAAP Financial Measures” below for a reconciliation to the most directly comparable financial measures under GAAP. Chord had 37 gross (30 net) operated TILs in 1Q26. Return of Capital: Chord declared a base dividend of $1.30 per share of common stock. The dividend will be payable on June 5, 2026 to shareholders of record as of May 20, 2026. The Company repurchased 559,064 shares of common stock at a weighted average price of $126.53 per share totaling $70.7MM in 1Q26. Shares issued and outstanding were 56.3MM (57.1MM on a fully-diluted basis) as of March 31, 2026, compared to 56.8MM (57.2MM on a fully-diluted basis) as of December 31, 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. Operations Update: • 4-Mile Laterals : At the end of the first quarter, Chord brought online the five-well Toonie pad, representing the Company’s first full 4-mile DSU development. Capital costs were in li
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.