Chord Energy (CHRD) Q1 FY26 earnings call

Chord Energy delivered a solid first quarter, exceeding oil volume and free cash flow expectations despite market volatility. The company updated its 2026 outlook with increased oil volumes and maintained capital discipline, while successfully advancing its 4-mile lateral program. Management remains committed to robust shareholder distributions, prioritizing debt reduction over variable dividends, and will opportunistically pursue M&A in the Bakken.