Chord Energy sells Marcellus gas assets to Posco International for $550M

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Go back to Chord Energy sells Marcellus gas assets to Posco International for $550M

Chord Energy Announces Divestiture of Non-Operated Marcellus Assets

September 16, 2026 7:30 AM EDT

HOUSTON, Sept. 16, 2026 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord," "Chord Energy," or the "Company") announced today that one of its subsidiaries has entered into an agreement to sell its entire non-operated Marcellus position to POSCO International Corporation for total gross consideration of $550MM. The transaction is expected to close in the fourth quarter of 2026 subject to customary closing conditions.

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