AI-extracted from the 10-Q filed 2026-08-06 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 2026 revenue of $2,172.7M and net income of $525.2M as crude oil realizations rose $23.94/Bbl quarter over quarter to $93.99 and production averaged 286,447 Boepd.
Biggest Revenue Drivers
Oil, NGL and gas revenues$1,494.3M
Higher realized crude oil prices and higher crude oil production volumes sold quarter over quarter
Purchased oil and gas sales$678.4M+$163.4M QoQ
Higher crude oil prices quarter over quarter, partially offset by lower volumes of crude oil purchased and resold
Biggest Revenue Drivers
Total revenue: $2,172.7M
Oil, NGL and gas revenues$1,494.3M
Higher realized crude oil prices and higher crude oil production volumes sold quarter over quarter
Within Oil, NGL and gas revenues
Crude oil revenues$1,415.0M+$418.7M QoQ
$340.4M from higher average realized prices plus $78.3M from higher volumes sold; average price $93.99 per barrel
NGL revenues$44.6M+$6.4M QoQ
Higher NGL volumes sold ($3.8M) plus higher realized prices ($2.6M) on butane, pentane and propane indices
Natural gas revenues$34.7M-$81.3M QoQ
Average sales price fell $2.20 to $0.94 per Mcf on seasonality of warmer weather lowering index prices
Purchased oil and gas sales$678.4M+$163.4M QoQ
Higher crude oil prices quarter over quarter, partially offset by lower volumes of crude oil purchased and resold
Largest Expense Items
Purchased oil and gas expenses$671.7M+$161.8M QoQ
Higher crude oil prices quarter over quarter, partially offset by lower purchased-and-resold crude volumes
Depreciation, depletion and amortization$409.2M+$25.0M QoQ
Higher production volumes ($21.2M) plus $3.8M increase in accretion expense on plugging and abandonment
Lease operating expenses$267.8M+$22.9M QoQ
Higher variable costs $10.0M, fixed costs $9.6M and workover costs $6.6M; LOE rose to $10.28 per Boe
Production taxes$125.9M+$39.2M QoQ
Higher crude oil revenues; tax rate rose to 8.4% of oil, NGL and gas revenues from 7.5%
Margins: Operating income rose to $602.7M from $333.2M in Q1 2026 on higher oil realizations. Unit costs worsened: LOE $10.28/Boe (up $0.41) and production taxes 8.4% of revenue versus 7.5%.
Watch Items from the Filing
Realized natural gas price collapsed to $0.94 per Mcf from $3.14 in Q1 2026; Marcellus realizations fell to $2.10 from $6.40 per Mcf.
2027 hedges cap upside: 7,969,500 Bbls of three-way collars with a $64.80 floor and $78.12 ceiling against Q2 realizations of $93.99 per barrel.
Volume commitment agreements require delivery of 77.6 MMBbl crude, 9.2 MMBbl NGL and 272.5 Bcf gas; estimable future commitments total $553.3 million.
Middle East conflict and effective closure of the Strait of Hormuz, plus UAE's May 2026 withdrawal from OPEC+, drove first-half energy market volatility.
Out-of-period $41.8 million tax benefit recorded for an error in the 2025 tax provision on goodwill impairment; management deemed it immaterial.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Woung-Chapman MargueriteDirectorGrant or award · Apr 29, 2026
Taylor AnneDirectorGrant or award · Apr 29, 2026
Sheets Jeffrey WayneDirectorGrant or award · Apr 29, 2026
Congress trading in CHRD
13 transactions in CHRD reported by 5 members of Congress under the STOCK Act, most recent trade Jan 9, 2026. Reported transactions, not recommendations.
About Chord Energy Corp (CHRD): stock profile, AI score and financials
Chord Energy Corp (CHRD) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores CHRD at 73.8/100 on a composite quality score built from its SEC filings, placing it at rank #122 of 2,925 stocks — the top 5% of the AI-ranked universe. CHRD scores in the top quartile across free cash flow (91.7), revenue scale (81.0), revenue growth (79.8). Areas of concern include institutional flow (20.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Chord Energy Corp reports quarterly revenue of $2.2B, net income of $525.2M, an operating margin of 27.7%. Top institutional holders of CHRD by reported 13-F value include BlackRock, FMR, WELLINGTON MANAGEMENT GROUP LLP, based on the most recent SEC filings. CHRD trades on the Nasdaq exchange and files with the SEC under CIK 1486159. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CHRD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Chord Energy Corp directly from SEC EDGAR.