Chord Energy Corp

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934 (Amendment No. )

Chord Energy Corporation

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Dear Shareholders,

Energy underpins human progress and flourishing. It fuels transportation, powers homes and businesses, and serves as a critical input for countless products essential to everyday life. As a leading operator in the Williston Basin, Chord plays an important role in delivering that energy safely, efficiently, and responsibly. Our vision is to responsibly develop oil and natural gas resources that provide affordable, reliable energy to power modern life, while generating sustainable, long-term value for our shareholders.

2025 was an exceptional year for Chord. We exceeded initial 2025 expectations by driving higher production with lower capital, while improving the cost structure. The Chord team delivered meaningful, structural improvements across the business including stronger margins, enhanced capital efficiency, and higher free cash flow. Chord achieved its goal of converting approximately 80% of our inventory to long laterals ahead of schedule, lowering our cost of supply and improving returns. These improvements position us for continued success in 2026 and beyond.

The company believes positive financial performance is built on strong relationships with our stakeholders, robust risk management, and active opportunity identification. Safety remains foundational to our culture. We improved key safety metrics in 2025 while continuing to reduce emissions intensity through operational excellence and technology enhancements.

We are also excited about the opportunities created by new technologies. Artificial intelligence and machine learning tools are being deployed across our operations. Chord has identified opportunities in areas such as production optimization, forecasting, and reservoir analysis. While still early, these initiatives are already enhancing uptime, reducing costs, and improving decision making across our asset base.

None of this progress would be possible without the dedication of our employees, whose commitment to continuous improvement, innovation, safety, and accountability drives our success.

We enter 2026 as a stronger, more efficient, and more resilient company. Our large, oil-weighted, low-decline production base is supported by deep, low-breakeven inventory, providing durability across commodity cycles. We appreciate your continued trust and support and respectfully request your vote in favor of the proposals outlined in the accompanying proxy statement.

Sincerely,

Daniel E. Brown

President and Chief Executive Officer

“The Chord team delivered meaningful, structural improvements across the business including stronger margins, enhanced capital efficiency, and higher free cash flow. Chord achieved its goal of converting approximately 80% of our inventory to long laterals ahead of schedule, lowering our cost of supply and improving returns.”

Dear Shareholders,

2025 was another year of strong performance for Chord Energy as the company responded to declining oil prices by demonstrating strong execution and durable progress across the business. Chord improved its cost structure, enhanced capital efficiency, and generated meaningful free cash flow, all of which led to substantial cash returned to shareholders while maintaining balance sheet strength. These improvements position Chord for continued resilience through commodity cycles.

The U.S. shale industry is maturing. After more than a decade of rapid growth, today’s environment increasingly rewards scale, capital discipline, operational excellence, and balance sheet strength. In this context, we believe Chord has responded appropriately to the evolving environment and created something increasingly valuable. Through selective M&A, technical innovation, and a consistent return-of-capital framework, the Company has built a scaled, oil-weighted, low-decline asset base supported by deep, low-breakeven inventory.

Effective corporate governance remains central to our oversight. The Board is composed of experienced industry leaders with both technical knowledge and a strong understanding of capital markets and shareholder priorities. We actively oversee strategy, risk management, executive compensation, and capital allocation to ensure alignment with long-term value creation. Engagement with shareholders remains an important part of our governance process, and we value the perspectives shared through our regular outreach efforts.

We also remain committed to responsible operations. As outlined in our Sustainability Report, Chord has reduced operated greenhouse gas and methane emissions intensity meaningfully in recent years while maintaining a focus on safety, transparency, and community engagement. The Board’s committees provide direct oversight of safety, environmental performance, and the integration of these metrics into our incentive framework, reinforcing the connection between responsible operations and shareholder returns.

Looking ahead to 2026 and beyond, we believe Chord is positioned as a stronger, more efficient, and more resilient company. The Board is confident in management’s strategy: disciplined capital allocation, continuous operational improvement, thoughtful integration of new technologies, selective M&A, and a sustained commitment to returning capital to shareholders.

On behalf of the Board of Directors, thank you for your continued trust and investment in Chord Energy. We respectfully request your support for the proposals outlined in the accompanying proxy statement and look forward to building on our progress in the years ahead.

Sincerely,

Susan M. Cunningham

Board Chair

"Today’s environment increasingly rewards scale, capital discipline, operational excellence, and balance sheet strength. In this context, we believe Chord has responded appropriately to the evolving environment and created something increasingly valuable."

Notice of Annual Meeting of Shareholders