Chord Energy increased its full-year 2026 oil production guidance following strong first-quarter results. The company now expects to produce an average of 161,000 barrels of oil per day. This represents an increase of 2,000 barrels from the previous forecast.
Capital expenditure plans remain unchanged despite the higher production targets. Better-than-expected operational performance and well productivity drove the revision.
First-quarter oil volumes reached 158,000 barrels per day, exceeding the high end of the guidance range. This performance supported robust cash flow generation.
The ability to raise output without increasing spending signals improving capital efficiency for the U.S. shale industry. Chord Energy held a conference call to discuss these results on May 6, 2026.