• Reported GAAP EPS of $1.48 down -57.10% YoY • Reported revenue of $1.17B down -19.61% YoY • Chord Energy expects FY26 oil volumes of 157-161 MBopd and CapEx of $1.35B-$1.45B, aiming for $2.3B Adjusted EBITDA and $700MM Adjusted Free Cash Flow, consistent with its November outlook.
Bullish
Chord Energy demonstrated strong 4Q25 operational execution with high-end oil volumes and below-guidance CapEx, generated significant incremental free cash flow, improved inventory quality, and delivered substantial shareholder returns.
Bearish
Chord Energy experienced a significant decline in 4Q25 net income and diluted EPS, incurred a $539.3MM goodwill impairment in FY25, and faced higher cash G&A and interest costs.