Chord Energy Corp

For the period ended Mar 31, 2024. Filed May 9, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 9, 2024

CHRD$138.62+0.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets at and

Condensed Consolidated Balance Sheets (Unaudited)

	March 31, 2024	December 31, 2023
(In thousands, except share data)
ASSETS
Current assets
Cash and cash equivalents	$296,354	$317,998
Accounts receivable, net	982,062	943,114
Inventory	78,118	72,565
Prepaid expenses	30,135	42,450
Derivative instruments	26,540	37,369
Other current assets	2,033	11,055
Total current assets	1,415,242	1,424,551
Property, plant and equipment
Oil and gas properties (successful efforts method)	6,575,306	6,320,243
Other property and equipment	49,087	49,051
Less: accumulated depreciation, depletion and amortization	(1,218,284)	(1,054,616)
Total property, plant and equipment, net	5,406,109	5,314,678
Derivative instruments	22,231	22,526
Investment in unconsolidated affiliate	114,181	100,172
Long-term inventory	28,360	22,936
Operating right-of-use assets	19,218	21,343
Other assets	20,173	19,944
Total assets	$7,025,514	$6,926,150
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable	$39,511	$34,453
Revenues and production taxes payable	592,888	604,704
Accrued liabilities	545,820	493,381
Accrued interest payable	8,532	2,157
Derivative instruments	19,523	14,209
Advances from joint interest partners	2,484	2,381
Current operating lease liabilities	13,691	13,258
Other current liabilities	22,671	916
Total current liabilities	1,245,120	1,165,459
Long-term debt	396,324	395,902
Deferred tax liabilities	122,288	95,322
Asset retirement obligations	155,696	155,040
Derivative instruments	3,022	717
Operating lease liabilities	15,993	18,667
Other liabilities	11,893	18,419
Total liabilities	1,950,336	1,849,526
Commitments and contingencies (Note 17)

	March 31, 2024	December 31, 2023
(In thousands, except share data)
Stockholders’ equity
Common stock, $0.01 par value: 120,000,000 shares authorized, 45,527,230 shares issued and 41,551,082 shares outstanding at March 31, 2024; and 120,000,000 shares authorized, 45,032,537 shares issued and 41,249,658 shares outstanding at December 31, 2023	459	456
Treasury stock, at cost: 3,976,148 shares at March 31, 2024 and 3,782,879 shares at December 31, 2023	(523,288)	(493,289)
Additional paid-in capital	3,575,557	3,608,819
Retained earnings	2,022,450	1,960,638
Total stockholders’ equity	5,075,178	5,076,624
Total liabilities and stockholders’ equity	$7,025,514	$6,926,150

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.