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Chord Energy Keeps $1.30 Base Dividend, Reports $205 Million in Buybacks

The payout is due Dec. 7 to shareholders of record Nov. 19. Chord repurchased 1,510,156 shares during the third quarter at an average $135.74 per share.

A lone pumpjack stands against the open prairie at dawn / TokenPost.ai (macro)
A lone pumpjack stands against the open prairie at dawn / TokenPost.ai (macro)

Chord Energy maintained its base payout at $1.30 per share and disclosed $205 million in third-quarter buybacks, outlining its dividend schedule and share-repurchase activity for shareholders.

The payment is scheduled for Dec. 7 for shareholders of record Nov. 19. Chord announced the dividend Wednesday, Nov. 4.

The $1.30 amount matches the base dividend Chord declared in August. The company’s August dividend announcement set its previous payout at the same level.

Chord bought back 1,510,156 shares during the third quarter. It paid an average of $135.74 per share, bringing total repurchases to $205 million.

Chord’s exploration and production assets are concentrated in the Williston Basin.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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