Chord Energy — Aug 5, 2026 release

"Adjusted free cash flow came in above expectations driven by oil production at the high end of guidance and capital spending below midpoint guidance. Shareholder returns continue to be robust with Chord returning 54% of free cash flow in the second quarter, and Chord is expected to increase returns to 75% of free cash flow in the third quarter as leverage fell below half a turn at quarter-end. Operationally, the Chord team continues to demonstrate progress on the four-mile lateral program as well as our base production enhancement initiatives. Disciplined capital allocation, operational efficiency, and a peer-leading balance sheet position Chord to navigate the volatile macro environment and generate strong, sustainable free cash flow. I want to thank the entire Chord team for their continued commitment to safe, efficient operations and for their focus on creating long-term value for our shareholders." 1 2Q26 Operational and Financial Update: The following table presents select 2Q26 operational and financial data compared to guidance released on May 5, 2026: Metric 2Q26 Actual 2Q26 Guidance Oil Volumes (MBopd) 165.4 162.5 - 165.5 NGL Volumes (MBblpd) 53.0 50.5 - 51.5 Natural Gas Volumes (MMcfpd) 408.0 400.0 - 408.0 Total Volumes (MBoepd) 286.4 279.7 - 285.0 CapEx ($MM) (1) $416.7 $410 - $440 Oil Premium to WTI ($/Bbl) $1.27 $0.50 - $1.50 NGL Realization (% of WTI) 10% 4% - 10% Natural Gas Realization (% of Henry Hub) 32% 25% - 35% LOE ($/Boe) $10.28 $9.70 - $10.70 Cash GPT ($/Boe) (2) $2.83 $2.70 -