Chord Energy — Feb 25, 2026 release

4Q25 Operational and Financial Highlights: • Strong Volumes: Oil volumes of 153.0 MBopd was at the high-end of guidance; • Capital Discipline: CapEx of $305.2MM (excluding $8.0MM of reimbursable non-op CapEx) was below the low-end of guidance; • Cost Control: LOE of $9.72/Boe was in-line with the midpoint of guidance; • Profitability: Net income was $84.4MM and Adjusted Net Income (1) was $72.7MM ($1.28/diluted share); • Cash Generation: Net cash provided by operating activities was $405.0MM, Adjusted EBITDA (1) was $506.4MM and Adjusted Free Cash Flow (1) was $175.0MM (excluding $8.0MM of reimbursable non-op CapEx); and • Shareholder Returns: Approximately 50% of Adjusted Free Cash Flow (1) was returned to shareholders in 4Q25 through the base dividend of $1.30 per share and share repurchases of $10.0MM. (1) Non-GAAP financial measure. See “Non-GAAP Financial Measures” below for a reconciliation to the most directly comparable financial measures under United States generally accepted accounting principles (“GAAP”). “2025 was an outstanding year for Chord,” said Danny Brown, Chord Energy’s President and Chief Executive Officer. “We demonstrated consistent execution, both increasing volumes and lowering capital relative to original expectations. Importantly, Chord also significantly enhanced its cost structure through multiple initiatives, which resulted in improved free cash flow 1 while increasing and improving the quality of our inventory. The company made significant progress derisking its extended lateral program and is hitting the ground running in 2026.” Mr. Brown continued, “Fourth quarter results continue our pattern of strong performance, with higher than expected production supported by solid execution and well results, all while maintaining our focus on cost control. Chord also guided to a strong first quarter, despite challenging weather in December and January. Chord’s outlook is compelling, supported by deep, low-cost, oil-weighted in