Chord Energy Corp. CHRD

What this company does

Chord Energy Corporation is an independent exploration and production company engaged in the acquisition, exploration, development and production of crude oil, NGL and natural gas primarily in the Williston Basin, with limited non-operated interests in the Marcellus Shale. As of December 31, 2025, it had 1,302,921 net leasehold acres in the Williston Basin, approximately all of which is held by production. As of December 31, 2025, it had 5,025 gross, or 3,937.3 net, operated producing wells. During the year ended December 31, 2025, it had average daily production of 276,620 net Boepd. As of December 31, 2025, Netherland, Sewell & Associates, Inc., its independent reserve engineers, estimated its net proved reserves to be 917.5 MMBoe, of which 69% were classified as proved developed and 56% were crude oil. As of February 13, 2026, it employed 676 full-time employees, with hiring plans focused on its primary operating locations of Houston, Texas and Williston, North Dakota. On May 31, 2024, it acquired Enerplus Corporation, a corporation existing under the laws of the Province of Alberta, Canada, in a stock-and-cash transaction.

Written from the business description in Chord Energy Corp's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.