Chord Energy Corp
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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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.
Sep 30, 2025 · Filed Nov 6, 2025
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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Condensed Consolidated Statements of Cash Flows for the and
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| (In thousands) | ||
| Cash flows from operating activities: | ||
| Net income (loss) | $(39,957) | $638,030 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation, depletion and amortization | 1,101,725 | 757,036 |
| Loss on debt extinguishment | 3,494 | — |
| Gain on sale of assets | (4,628) | (13,814) |
| Impairment | 539,323 | 9,838 |
| Deferred income taxes | 106,699 | 146,882 |
| Net gain on derivative instruments | (82,674) | (29,753) |
| Net (gain) loss from investment in unconsolidated affiliate | 10,507 | (23,246) |
| Equity-based compensation expenses | 19,464 | 16,053 |
| Deferred financing costs amortization and other | (19,282) | 6,407 |
| Working capital and other changes: | ||
| Change in accounts receivable, net | 71,401 | (19,112) |
| Change in inventory | (12,343) | (6,937) |
| Change in prepaid expenses | 4,686 | 8,090 |
| Change in accounts payable, interest payable and accrued liabilities | (56,034) | 70,538 |
| Change in other assets and liabilities, net | (6,711) | (29,240) |
| Net cash provided by operating activities | 1,635,670 | 1,530,772 |
| Cash flows from investing activities: | ||
| Capital expenditures | (1,044,820) | (877,381) |
| Acquisitions | (27,434) | (652,672) |
| Acquisition deposit | (55,000) | — |
| Proceeds from divestitures | 10,735 | 21,788 |
| Derivative settlements | 31,954 | (17,760) |
| Contingent consideration received | 25,000 | 25,000 |
| Distributions from investment in unconsolidated affiliate | 9,182 | 6,914 |
| Net cash used in investing activities | (1,050,383) | (1,494,111) |
| Cash flows from financing activities: | ||
| Proceeds from revolving credit facility | 3,687,000 | 2,250,000 |
| Principal payments on revolving credit facility | (4,132,000) | (1,780,000) |
| Repayment and discharge of senior notes | (401,432) | (63,000) |
| Issuance of senior notes | 1,500,000 | — |
| Deferred financing costs | (21,881) | (3,313) |
| Repurchases of common stock | (357,837) | (239,804) |
| Tax withholding on vesting of equity-based awards | (22,100) | (57,979) |
| Dividends paid | (243,418) | (437,725) |
| Payments on finance lease liabilities | (1,384) | (1,242) |
| Proceeds from warrants exercised | 23 | 30,454 |
| Net cash provided by (used in) financing activities | 6,971 | (302,609) |
| Increase (decrease) in cash and cash equivalents | 592,258 | (265,948) |
| Cash and cash equivalents: | ||
| Beginning of period | 36,950 | 317,998 |
| End of period | $629,208 | $52,050 |
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| (In thousands) | ||
| Supplemental non-cash transactions: | ||
| Change in accrued capital expenditures | $(252) | $42,306 |
| Change in asset retirement obligations | 102,364 | 3,869 |
| Non-cash consideration exchanged in the Arrangement | — | 3,732,137 |
| Dividends payable | 1,173 | 20,572 |
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