Brief: Chord Energy Q2 Adjusted EPS USD 1.79 Vs. IBES Estimate USD 1.87

Chord Energy

06/08/2025 21:05

Overview

Chord Energy Q2 production volumes exceeded guidance, boosting operational performance

Adjusted EPS of $1.79 missed analyst estimates, per LSEG data

Raised FY25 oil production guidance, reduced capital expenditure by $20 mln

Outlook

Chord raises FY25 oil production guidance by 500 Bopd

Company lowers FY25 capital expenditures by $20 mln at midpoint

Chord expects FY25 Adjusted FCF to improve by 20%

Company plans to return second completions crew in 4Q25

Result Drivers

PRODUCTION VOLUMES - Exceeded company's guidance due to strong well performance and improved uptime

CAPITAL EFFICIENCY - Reduced capital expenditures by $20 mln due to operational efficiencies

ADJUSTED FCF - Improved by ~20% driven by capital efficiency and lower operating costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Miss
$1.79
$1.87 (14 Analysts)
Q2 EPS
-$6.77
Q2 Net Income
-$389.90 mln
Q2 Basic EPS
-$6.71


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Chord Energy Corp is $140.00, about 24% above its August 5 closing price of $106.44

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nPn92ch88a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)