CHRD Chord Energy Corp

BULLISH Impact: 7/10 8-K
Horizon weeks Filed May 5, 2026 Processed 1mo ago SEC 0001486159-26-000017
8-K Item 2.02: Earnings release
Latest settled — T+20d ⚠ clustered
CHRD ▼ -0.16% at T+20d
LONG call ✗ call lost -0.16% · α vs SPY -2.94% · entry $140.84 → $140.62
Next anchor: T+60d in 7w
Last close $138.27 (close Jun 8) · -1.82% from $140.84 entry
Entry anchored
May 5, 03:59 PM ET
via Databento tick
T+1d
0.00%
call 0.00% · α +0.33%
$140.84
settled 5w ago
T+5d
+0.83%
call +0.83% · α -0.30%
$142.01
settled 29d ago
T+20d
-0.16%
call -0.16% · α -2.94%
$140.62
settled 7d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Chord Energy reported a strong Q1 2026 beat on adjusted EPS ($4.56 vs consensus $3.35, +36.1%) driven by oil volumes above guidance and cost discipline. The company raised its FY26 oil volume outlook by 2 MBopd to 161 MBopd while keeping capital unchanged, signaling improved efficiency. Revenue of $1.15B was in line.

Key Financial Metrics

Free Cash Flow
$321.2M

Actionable Insight

The strong operational beat and raised volume outlook support a bullish view. Watch for further upside from 4-mile lateral program and commodity price tailwinds. Consensus estimates may be revised upward.

Key Facts

  • Q1 2026 adjusted diluted EPS of $4.56 beat consensus of $3.35 by 36.1%
  • Oil volumes of 158.0 MBopd exceeded high-end of guidance
  • FY26 oil volume guidance raised by 2 MBopd to 161 MBopd at midpoint, CapEx unchanged at $1.4B
  • Adjusted EBITDA of $713M and adjusted FCF of $321M both above expectations
  • Net cash provided by operating activities was $507.5M
  • Returned $145M to shareholders via dividend ($1.30/share) and $71M in buybacks

Financial Impact

Adjusted EPS beat by $1.21 (36.1%) vs consensus; FY26 volume guidance raised 2 MBopd

epsrevenuecash flowproduction volumes

Risk Factors

  • Commodity price volatility could impact cash flow and guidance
  • Large derivative losses ($241M) add earnings volatility
  • Execution risk on 4-mile lateral program

Market Snapshot

Exchange
Nasdaq
Sector
Crude Petroleum & Natural Gas
Analyst Consensus
84% bullish (25 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001486159-26-000017
Document: oas-20260505.htm0001486159-26-000017
Document: 0001486159-26-000017-index-headers.html0001486159-26-000017
Document: 0001486159-26-000017-index.html0001486159-26-000017
Document: 0001486159-26-000017.txt0001486159-26-000017
8-K Data (Synthetic)0001486159-26-000017
7 reports for CHRD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CHRD — sortable, filterable
Type Now
May 18, 2026
22d ago
Insider Cluster
NEUTRAL ★ 2/10
$148.35 $133.70▼ −9.88%▼ −12.17%$138.27 (−6.79%)
May 7, 2026
4w ago
S-3ASR
NEUTRAL ★ 3/10
$136.44 $142.54▲ +4.47%▲ +3.01%$138.27 (+1.34%)
May 5, 2026
5w ago
8-K
BULLISH ★ 7/10
$140.84 $142.01▲ +0.83%▼ −0.30%$138.27 (−1.82%)
Mar 19, 2026
11w ago
DEFA14A
NEUTRAL ★ 2/10
$130.48 $143.95▲ +10.32%▲ +12.53%$138.27 (+5.97%)
Mar 6, 2026
13w ago
Insider Cluster
NEUTRAL ★ 4/10
$120.10 $123.45▲ +2.79%▲ +4.32%$138.27 (+15.13%)
Mar 3, 2026
14w ago
Insider Cluster
BEARISH ★ 6/10
$111.17 $117.79▼ −5.96%▼ −6.43%$138.27 (−24.38%)
Mar 3, 2026
14w ago
Insider Cluster
BEARISH ★ 6/10
$111.17 $117.79▼ −5.96%▼ −6.43%$138.27 (−24.38%)
Showing 7 of 7

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