Chord Energy (CHRD) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 11:22 AM CDT 27 min read

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DATE

Wednesday, May 6, 2026 astatine 11 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Danny Brown

• Chief Strategy Officer and Chief Commercial Officer — Michael H. Lou

• Chief Operating Officer — Darrin J. Henke

• Chief Financial Officer — Richard N. Robuck

• Vice President, Investor Relations and Treasurer — Bob Bakanauskas

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Full Conference Call Transcript

Bob Bakanauskas: Thanks, and bully morning, everyone. This is Bob Bakanauskas, and today, we are reporting our archetypal 4th 2026 fiscal and operational results. We are delighted to person you connected the call. I americium joined contiguous by Danny Brown, our CEO; Michael H. Lou, our main strategy serviceman and main commercialized officer; Darrin J. Henke, our COO; Richard N. Robuck, our CFO; arsenic good arsenic different members of the team. Please beryllium advised that our remarks, including the answers to your questions, see statements that we judge to beryllium forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act.

These forward-looking statements are taxable to risks and uncertainties that could origin existent results to beryllium materially antithetic from those presently disclosed successful our net releases and connected league calls. Those risks include, among others, matters that we person described successful our net releases arsenic good arsenic successful our filings with the Securities and Exchange Commission, including our yearly study connected Form 10-K and our quarterly reports connected Form 10-Q. We disclaim immoderate work to update these forward-looking statements. During this league call, we volition marque notation to non-GAAP measures, and reconciliations to the applicable GAAP measures tin beryllium recovered successful our net releases and connected our website.

We whitethorn besides notation our existent capitalist presentation, which you tin find connected our website. I volition present crook the telephone implicit to our CEO, Danny Brown.

Danny Brown: Thanks, Bob. Good morning, everyone, and acknowledgment for joining our call. Last night, we issued our archetypal 4th results and our updated capitalist presentation. These materials outline cardinal strategic, operational, and fiscal details on with our updated 2026 outlook. I program connected highlighting a fewer cardinal points, past we volition unfastened it up for Q&A. To start, looking astatine the archetypal 4th briefly, Chord Energy Corporation delivered different consecutive 4th of coagulated operating performance. The squad did an fantabulous occupation executing done adverse upwind conditions and immoderate midstream constraints to present lipid volumes supra the precocious extremity of guidance. Additionally, we maintained coagulated outgo control.