Chord Energy (CHRD)
NASDAQEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
$146.39-1.09%
Close 2026-09-04 · 1-day change
NASDAQEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
QuarterlyIQ Insights · CHRD
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-09-04.
The screen ranks CHRD against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated strong grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=1735).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue scaling and executing the 4-mile lateral program with operational efficiencies and cost control to enhance production and well performance.
Stated as a priority in 3 of last 3 quarters. The company increased 4-mile lateral wells from 7 in 2025-Q4 to 26 by 2026-Q2, with drilling and completion execution and early performance meeting expectations. Management is delivering on scaling the 4-mile program with cost efficiencies and operational improvements.
“Chord has executed 26 total 4-mile wells; drilling and completion execution and early performance are in line with expectations.”
“Chord brought online the five-well Toonie pad, the first full 4-mile DSU development; scaling 4-mile laterals with ~40% of TILs expected to be 4-mile.”
“Chord TIL'd seven 4-mile wells in 2025 with initial well performance meeting or exceeding expectations and costs below budget.”
Continue capital discipline by keeping FY26 capital expenditures around $1.4 billion, focusing on efficient drilling and completion activities.
Stated as a priority in 3 of last 3 quarters. FY26 CapEx guidance has been consistently maintained at approximately $1.4B, with 2Q26 actual CapEx of $416.7MM modestly below midpoint guidance and 1Q26 CapEx at $344.9MM. The trajectory shows disciplined capital spending aligned with management's stated target.
Achieve around $3.0 billion in Adjusted EBITDA for fiscal year 2026, reflecting operational strength and efficiency.
Stated as a priority in 2 of last 3 quarters. Management's Adjusted EBITDA guidance for FY26 was $3.1B in 2026-Q1 and updated slightly to $3.0B in 2026-Q2, reflecting stable expectations. The trajectory is consistent with management's stated goal, showing steady delivery on operational performance.
Target approximately $1.3 billion of Adjusted Free Cash Flow for fiscal year 2026, supporting shareholder returns and capital discipline.
Stated as a priority in 2 of last 3 quarters. Adjusted Free Cash Flow guidance was $1.4B in 2026-Q1 and updated to $1.3B in 2026-Q2, reflecting a slight downward revision but consistent focus. The trajectory shows management maintaining this target with limited change.
Continue returning capital to shareholders through a base dividend of $1.30 per share and share repurchases funded by free cash flow.
Stated as a priority in 3 of last 3 quarters. Management consistently declared a base dividend of $1.30 per share and returned a significant portion of free cash flow to shareholders, including 54% in 2026-Q2 with $147.4MM in share repurchases. The trajectory shows steady execution on shareholder returns.
Over the trailing year it converted 2.55x of net income into operating cash flow. Historically, Energy names rated neutral grew net income 40% of the time over the next year (vs 46% for the rest of the cohort, n=1319).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
11 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated stable grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=627).
Not investment advice. As of 2026-09-04.
“FY26 CapEx midpoint guidance remains unchanged at $1.4B; 2Q26 CapEx was $416.7MM, modestly below midpoint guidance.”
“FY26 CapEx remains unchanged from February 2026 guidance of $1.4B at midpoint; 1Q26 CapEx was $344.9MM.”
“FY25 CapEx of $1.35B at midpoint of guidance is unchanged vs August outlook.”
“Chord expects to generate approximately $3.0B of Adjusted EBITDA in 2026 including impact of derivatives.”
“Chord expects to generate approximately $3.1B of Adjusted EBITDA in 2026 including impact of derivatives.”
“Chord expects to generate approximately $1.3B of Adjusted Free Cash Flow in 2026 including impact of derivatives.”
“Chord expects to generate approximately $1.4B of Adjusted Free Cash Flow in 2026 including impact of derivatives.”
“Declared base dividend of $1.30 per share and repurchased $147.4MM of shares, returning 54% of Adjusted Free Cash Flow.”
“Returned $145MM to shareholders through $1.30 per share dividend and $71MM of share repurchases.”
“Declared aggregate base dividends of $5.20/share and repurchased 3.5MM shares of common stock.”