Chord Energy Q1 net income $219.8 million; 2025 capital budget cut $30 million
Chord Energy reported first-quarter 2025 net income of $219.8 million, up from $199.4 million a year earlier, on total revenues of $1.2 billion. Diluted earnings per share fell to $3.66 from $4.65, and diluted weighted average shares rose to 59.7 million from 42.7 million. The company cut its 2025 E&P and other capital spending guidance by $30 million to about $1.37 billion, kept its 2025 production guidance, and said the macro outlook has deteriorated.
Key points
- Net income was $219.8 million in the first quarter of 2025, compared with $199.4 million in the first quarter of 2024; diluted EPS was $3.66, compared with $4.65.
- Total revenues were $1.2 billion ($1,215.0 million), compared with $1.1 billion ($1,085.3 million) a year earlier.
- 2025 E&P and other capital spending guidance was reduced by $30 million to about $1.37 billion; FY25 production guidance was maintained.
- Declared a base dividend of $1.30 per share, payable June 9, 2025 to holders of record as of May 21, 2025; repurchased $216.5 million of common stock in the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits 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 May 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.