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Stock impact report

Chord Energy Reports Strong Fourth Quarter and Full-Year 2024 Financial and Operating Results, Issues 2025 Outlook and Increases Base Dividend [Yahoo! Finance]

Chord Energy Corporation (CHRD) 
Company Research Source: Yahoo! Finance
and operating results for the fourth quarter and full-year 2024 and announced its 2025 outlook. The results for the year ended December 31, 2024 include the results of Enerplus Corporation ("Enerplus") for the period subsequent to May 31, 2024 , unless otherwise noted. Chord Energy Logo (PRNewsfoto/Chord Energy) Key Takeaways and Updates: Cash Flow from Operations and Adjusted Free Cash Flow exceeded expectations in 4Q24, supported by oil volumes near the high-end of guidance and strong cost control; Returning 100% of Adjusted Free Cash Flow to shareholders in 4Q24 with .0MM, or 73%, in the form of share repurchases; Since closing the Enerplus combination, Chord has repurchased 3.5MM shares of common stock through February 21, 2025 , representing 5% of shares outstanding; Increasing 4Q24 base dividend to per share, representing an increase of 4%; FY25 midpoint volume and capital expenditures ("CapEx") guidance matches three-year outlook announced in November 2024 , with Show less Read more
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