Chord Energy Corporation (CHRD) Earnings
Chord Energy Corporation is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $6.12. CHRD has beaten EPS estimates in 7 of its last 12 reported quarters (average surprise +10.2% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $3.49 | $4.56 | +30.7% | $1.7B | +37.9% |
| Feb 26, 2026 | $1.17 | $1.28 | +9.4% | $1.2B | +15.3% |
| Aug 6, 2025 | $1.88 | $1.79 | -4.8% | $1.2B | +24.7% |
| Feb 21, 2024 | $4.97 | $5.25 | +5.6% | $965M | +11.1% |
| Nov 1, 2023 | $4.97 | $5.04 | +1.4% | $1.1B | +40.0% |
| Aug 2, 2023 | $3.83 | $3.65 | -4.7% | $912M | +30.0% |
| May 3, 2023 | $4.15 | $4.50 | +8.4% | $897M | +26.4% |
| Feb 22, 2023 | $5.89 | $5.28 | -10.4% | $1.0B | +26.2% |
| Nov 2, 2022 | $8.06 | $7.20 | -10.7% | $1.2B | +41.6% |
| Aug 3, 2022 | $8.26 | $7.30 | -11.6% | $789M | +91.8% |
| May 4, 2022 | $6.72 | $8.32 | +23.8% | $653M | +78.9% |
| Feb 23, 2022 | $5.44 | $5.68 | +4.4% | $522M | +62.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 6, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Monitoring production of four-mile laterals to potentially adjust contribution assumptions. - Expecting strong crude differentials to last through second quarter and maybe beyond. - Satisfied with current activity levels, with no immediate need to push incremental activity. - Like current stock price for buybacks, with plan to focus on highest return wells first. - Tuning pad showed cost and productivity in line with expectations, with learnings applied to future four-mile pad development. - Focus on improvement across all business aspects, including bifurcating production engineering team for better focus on wells.
Guidance
- Crude differentials expected to last through second quarter and maybe into second half. - Activity levels unlikely to change given current market dynamics. - Higher oil prices could unlock inventory, but will continue to target highest return wells first. - Inventory is based on sub-60 WTI assumption, and higher oil prices could change inventory view. - 40% of 2026 tills and 60% of spuds being four-mile laterals, with spud tilt this year impacting 2027 production profile.
Segment performance
No specific financial performance details for each product segment provided
Risks & headwinds
No detailed discussion of risks and operational failures
Analyst Q&A
Q: Touch on crude differentials, second half outlook and pricing above WTI;
A: Strong differentials in basin, expected to last through second quarter and maybe beyond, depending on broader global markets.
Q: Capital plans, 4Q dip and running higher activity;
A: Happy with current activity levels, not seeing need to push incremental activity.
Q: Shareholder returns, buybacks and stock price;
A: Like current stock price for buybacks, will consider tapering back if stock price underwrites significantly higher world price.
Q: Learnings from tuning pad, cost reductions and four-mile pad development;
A: Happy with tuning pad results, saw efficiencies across pad, costs in line with expectations.
Q: Capital allocation, higher oil prices and inventory;
A: Continue to focus on highest return wells first.
Q: Four-mile spud tilt impact on 2027 production and ceiling on four-mile development;
A: 60% four-mile spuds this year will roll into 2027 production, development programs mirror inventory makeup.
Q: XTO assets re-permitting and Marcellus acreage;
A: XTO re-permitting likely to contribute more in 2028, Marcellus is non-core, looking to maximize value.
Q: M&A, Bakken package and leverage on upside;
A: Positioned well to compete in Bakken M&A, but disciplined, with lull in M&A during rapid price movement but assets likely to come to market with gap in valuations to close