NasdaqEnergyOil & Gas Exploration & ProductionS&P MidCap 400
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Close of Nov 06, 2026 · end-of-day data
CHRD 8-K filings in 2024
Every material Form 8-K Chord Energy filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
Chord Energy reported third-quarter 2024 net income of $225.3 million, up from $209.1 million a year earlier, on total revenues of $1.45 billion. The company raised its full-year 2024 oil volume guidance, lowered its capital guidance by $10 million, and authorized a new $750 million share repurchase program, which matters to shareholders because it signals more cash returned to them, though diluted EPS of $3.59 was below $4.77 a year earlier.
Net income was $225.3 million ($3.59 diluted per share), versus $209.1 million ($4.77 diluted per share) in third quarter 2023.
Total revenues were $1.45 billion, up from $1.12 billion a year earlier; adjusted EBITDA was $674.5 million.
FY24 pro forma oil volume midpoint raised 0.6 MBopd to 152.7 MBopd; FY24 capital guidance cut $10 million to $1.48 billion.
Company repurchased $146.0 million of stock in the quarter and declared a $1.44 per share dividend, payable December 12, 2024.
Chord Energy reported second quarter 2024 results that include Enerplus from May 31, 2024, when the combination closed. Total revenue rose to $1.26 billion from $912.1 million a year earlier, but net income was $213.4 million, versus $216.1 million, and diluted EPS was $4.25, versus $4.96. The company also declared a $2.52 per share base-plus-variable dividend and updated its FY24 outlook.
Total revenues were $1,260.7 million in 2Q24, versus $912.1 million in 2Q23; net income was $213.4 million, versus $216.1 million, and diluted EPS was $4.25, versus $4.96.
Adjusted EBITDA was $567.9 million and Adjusted diluted EPS was $4.69, versus $3.65 in 2Q23.
Declared a $2.52 per share dividend ($1.25 base, $1.27 variable), payable September 5, 2024 to holders of record as of August 21, 2024.
FY24 pro forma outlook is about $2.9 billion of Adjusted EBITDA and $1.2 billion of Adjusted Free Cash Flow; the company said it remains on target with its 2024 plan.
Chord Energy completed its combination with Enerplus, as announced in a May 31, 2024 press release. Each Enerplus share was exchanged for 0.10125 Chord shares and $1.84 in cash, and Chord's board grew from nine to eleven members with four Enerplus-linked directors. For shareholders, Chord now expects over $200 million in annual synergies, up from up to $150 million, and its credit borrowing base was raised to $3 billion.
Each Enerplus common share exchanged for 0.10125 Chord shares and $1.84 in cash; about 20.7 million Chord shares issued
Expected annual synergies raised to over $200 million from an initial target of up to $150 million
Credit agreement amended May 31, 2024: borrowing base increased to $3 billion and elected commitments to $1.5 billion
Board increased from nine to eleven; Ian Dundas, Hilary Foulkes, Ward Polzin and Jeffrey Sheets appointed; Cynthia Walker and Paul Korus resigned
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Chord Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →