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AI brief of an SEC Form 8-K · Chord Energy (CHRD)

Chord Energy Q2 net loss $389.9M on $539.3M impairment; raises oil output guidance

Mixed Impact 4 of 5 earnings Written later

Chord Energy reported a second-quarter 2025 net loss of $389.9 million, or $6.77 per diluted share, after a $539.3 million non-cash goodwill impairment that reduced goodwill to zero. Adjusted net income was $103.2 million ($1.79 per diluted share), down from $234.9 million in the second quarter of 2024, while the company raised its full-year 2025 oil production guidance and lowered its capital spending guidance, and declared a $1.30 per share base dividend.

Key points

  • Q2 2025 net loss of $389.9 million ($6.77 per diluted share); Adjusted EBITDA of $547.2 million versus $567.9 million in Q2 2024
  • Non-cash goodwill impairment charge of $539.3 million, reducing goodwill to zero as of June 30, 2025
  • FY25 oil production guidance raised 500 barrels per day at midpoint to 153.0 MBopd; E&P and other CapEx lowered $20 million to $1.35 billion at midpoint
  • Base dividend of $1.30 per share payable September 8, 2025; new $1 billion share repurchase program authorized

The filing

CompanyChord Energy (CHRD)
Form8-K, current report
Filed with the SECAug 6, 2025, 4:45 PM ET
Accession number0001486159-25-000035

Items reported: 2.02 Results of Operations

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 August 06, 2025.

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.