Chord Energy Corp

Key Update Summary:

•Volumes: FY26 oil volume midpoint guidance increased ~1% from 161.0 MBopd to 162.5 MBopd;

•4Q26 oil volume midpoint guidance of 161.0 MBopd reflects continued strong operational performance from production optimization and the development program;

•Capital: FY26 CapEx midpoint guidance increasing from $1.4B to $1.46B;

•FY26 CapEx range includes ~$20MM in incremental midstream spending vs. August guidance;

•4Q26 CapEx midpoint guidance of $330MM reflects higher midstream spending and higher operated and non-operated activity;

•FY26 CapEx excludes ~$10MM of 2H26 Marcellus CapEx that exceeded expectations vs. original guidance, which will be fully reimbursed at closing;