Chord Energy Corp (CHRD) company profile
Close on Nov 13, 2026Market cap $8.20BP/E –Yield 3.47%
About Chord Energy
Crude Petroleum & Natural Gas, SIC 1311
Chord Energy Corporation is an independent upstream energy enterprise that focuses on acquiring, exploring, developing, and producing crude oil, natural gas liquids, and natural gas. The company directs its development activities primarily toward horizontal drilling targets within the Middle Bakken and Three Forks formations. Its commercial operations revolve around extracting hydrocarbons and managing marketing channels internally, delivering gathered crude oil and natural gas production to refiners, commodity marketers, and midstream purchasers.
The firm's operating assets are concentrated in the Williston Basin across North Dakota and Montana, where it oversees 1,302,921 net leasehold acres and 5,025 gross operated producing wells. It additionally maintains non-operated natural gas interests within the Marcellus Shale play. Chord Energy Corporation is organized under the laws of Delaware and conducts its primary corporate operations within the United States.
Summary of the business section of Chord Energy's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Chord Energy Corp
- Founded
- 1980
- Headquarters
- Houston, TX
- Address
- 1001 Fannin Street, Suite 1500 77002
- Phone
- (281) 404-9500
- Website
- www.oasispetroleum.com
- Employees
- 676, Dec 31, 2025
- Industry
- Crude Petroleum & Natural Gas
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Houston, Texas
Stock & identifiers
- Ticker
- CHRD
- Former tickers
- OAS until Jul 7, 2022; OASPQ until Nov 20, 2020
- Exchange
- Nasdaq
- IPO date
- Jun 17, 2010
- Shares outstanding
- 55M, Aug 3, 2026
- Public float
- $5.54B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1486159
- CUSIP
- 674215207
- ISIN
- US6742152076
- FIGI
- BBG00Y7BLHL9
- Share class FIGI
- BBG00Y7BLJF2
- LEI
- 529900FA4V2YNIKZ0M71
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Daniel E. Brown | President and CEO, Director | 178,659 |
| Michael H. Lou | President and CEO | 79,242 |
| Shannon Browning Kinney | EVP, CAO, GC & Corp Secretary | 13,560 |
| Darrin J. Henke | EVP and COO | 21,157 |
| Richard N. Robuck | EVP, CFO and Treasurer | 29,101 |
| Lara J. Kroll | SVP & Chief Accounting Officer | 8,921 |
| Samantha McKinney | Director | 10,780 |
| Douglas E. Brooks | Director | 10,705 |
| Ian C. Dundas | Director | 73,785 |
| Marguerite Woung-Chapman | Director | 10,646 |
| Jeffrey Wayne Sheets | Director | 7,672 |
| Hilary A. Foulkes | Director | 5,728 |
| Ward Polzin | Director | 4,412 |
| Kevin S. McCarthy | Director | 22,047 |
| Susan M. Cunningham | Director | 16,575 |
| Anne Taylor | Director | 14,830 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Brown | $8.52M | $8.76M | $3.61M | $398 | $283 |
| FY2025 Mr. Brown | $3.61M | $3.93M | $3.61M | $398 | $283 |
| FY2024 Brown | $8.18M | -$10.80M | $3.35M | $475 | $281 |
| FY2024 Mr. Brown | $3.35M | -$1.13M | $3.35M | $475 | $281 |
| FY2023 Brown | $2.99M | $15.02M | $3.37M | $634 | $297 |
| FY2023 Mr. Brown | $3.37M | $5.63M | $3.37M | $634 | $297 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Daniel Brown President and Chief Executive Officer | $850.00K | $6.36M | $1.28M | $79.33K | $8.57M | +5% |
| Richard Robuck Executive Vice President, Chief Financial Officer and Treasurer | $521.25K | $2.49M | $630.00K | $63.48K | $3.71M | +25% |
| Michael Lou Executive Vice President, Chief Strategy Officer and Chief Commercial Officer | $550.00K | $2.82M | $660.00K | $67.36K | $4.10M | +10% |
| Darrin Henke Executive Vice President and Chief Operating Officer | $550.00K | $2.60M | $660.00K | $62.71K | $3.88M | +1% |
| Shannon Kinney Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary | $480.00K | $1.84M | $518.40K | $15.08K | $2.86M | -1% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jun 17, 2010
- Securities offered
- 42,000,000
- Exchange
- NYSE
- Lock-up ends (est.)
- Dec 14, 2010
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of February 13, 2026, we employed 676 full-time employees and we also utilize independent contractors to perform various field and corporate services as needed.”
Corporate history
Events identified from SEC filings
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