Chord Energy Reports Preliminary Q3 Total Production 290.5K–290.9K Boe/d
Operational Strength: Volumes exceeded the high-end of guidance across oil, natural gas and NGLs, and CapEx was in line with guidance;Shareholder Returns: $205MM of share repurchases at an average price of $135.74/share
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Why It Matters
Chord Energy made more oil and gas than expected in the third quarter. The company also bought back its own stock, showing confidence in its business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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