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Chord Energy Corporation (CHRD) Tops Q4 EPS by 24c; offers outlook

February 21, 2024 5:55 PM

Chord Energy Corporation (NASDAQ: CHRD) reported Q4 EPS of $5.25, $0.24 better than the analyst estimate of $5.01. Revenue for the quarter came in at $964.69 million versus the consensus estimate of $994.65 million.

OUTLOOK

E&P and other CapEx between $905MM – $945MM (~80% drilling and completions);
TIL 103 – 113 gross operated wells;
Holding oil volumes flat between 97 – 101 MBopd; and
Adjusted Free Cash Flow(1) of approximately $875MM at $79/Bbl WTI and $2.50/MMBtu Henry Hub using midpoint guidance.

For earnings history and earnings-related data on Chord Energy Corporation (CHRD) click here.

Categories

Earnings