Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Chord Energy (CHRD)

Chord Energy affirms $3.0 billion borrowing base and extends credit facility debt window

Neutral Impact 2 of 5 financing Written later

Chord Energy completed its semi-annual borrowing base redetermination on November 4, 2024, affirming a $3.0 billion borrowing base and $1.5 billion in elected revolving commitments. The company also signed a Sixth Amendment to its credit facility that extends its ability to incur certain additional debt by one year, to December 1, 2025. Because the borrowing base was unchanged, the amendment does not by itself change the company's available credit.

Key points

  • Borrowing base affirmed at $3.0 billion; aggregate elected revolving commitments of $1.5 billion
  • Sixth Amendment dated November 4, 2024, with Wells Fargo Bank, N.A. as administrative agent
  • Permitted Pari Passu or Junior Lien Term Loan Debt capacity extended to December 1, 2025
  • Next scheduled redetermination expected in or around April 2025

The filing

CompanyChord Energy (CHRD)
Form8-K, current report
Filed with the SECNov 8, 2024, 5:27 PM ET
Accession number0001486159-24-000065

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 08, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.