Chord 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
Total Volumes (MBoepd)
“279.7 - 285.0”
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 - $108”
Cash Tax (% of Adjusted EBITDA) for Q2 FY2026
“2% - 8%”
Cash Tax (% of Adjusted EBITDA) for FY2026
“4% - 9%”
Exhibit 99.1 · the passage around this item
… earlier in the release
The following table presents select operational and financial guidance for the periods presented: Metric 2Q26 Guidance FY26 Guidance Oil Volumes (MBopd) 162.5 - 165.5 160.0 - 162.0 NGL Volumes (MBblpd) 50.5 - 51.5 49.5 - 50.5 Natural Gas Volumes (MMcfpd) 400.0 - 408.0 401.0 - 407.0 Total Volumes (MBoepd) 279.7 - 285.0 276.4 - 280.3 CapEx ($MM) $410 - $440 $1,355 - $1,445 Oil Premium/(Discount) to WTI ($/Bbl) $0.50 - $1.50 $(0.50) - $0.50 NGL Realization (% of WTI) 4% - 10% 4% - 12% Natural Gas Realization (% of Henry Hub) 25% - 35% 36% - 44% LOE ($/Boe) $9.70 - $10.70 $9.55 - $10.35 Cash GPT ($/Boe) (1) $2.70 - $3.20 $2.70 - $3.10 Cash G&A ($MM) (1) $24 - $26 $98 - $103 Production Taxes (% of Oil, NGL and Natural Gas Sales) 7.9% - 8.3% 7.8% - 8.1% Cash Interest ($MM) (1) $25 - $27 $100 - $108 Cash Tax (% of Adjusted EBITDA) (2) 2% - 8% 4% - 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) 2Q26-4Q26 re flects $70/Bbl – $100/Bbl WTI. 3 Select Operational and Financial Data: The following table presents select operational and financial data for the periods presented: 1Q26 4Q25 1Q25 Production data: Crude oil (MBopd) 158.0 153.0 153.7 NGL (MBblpd) 49.0 52.4 48.1 Natural gas (MMcfpd) (1) 411.4 404.2 414.5 Total production (MBoepd) 275.6 272.8 270.9 Percent crude oil 57.3 % 56.1 % 56.7 % Average sales prices: Crude oil, without realized derivatives ($/
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.