Chord Energy Corp. Files Definitive Proxy Statement

Ticker: CHRD · Form: DEF 14A · Filed: Mar 19, 2024 · CIK: 1486159

Chord Energy Corp DEF 14A Filing Summary
FieldDetail
CompanyChord Energy Corp (CHRD)
Form TypeDEF 14A
Filed DateMar 19, 2024
Risk Levellow
Pages14
Reading Time17 min
Key Dollar Amounts$10 billion, $10.41, $922.3M, $7.0 billion, $8.5 billion
Sentimentneutral

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Chord Energy Corp, Executive Compensation, Corporate Governance

TL;DR

<b>Chord Energy Corp. filed its annual proxy statement detailing executive compensation and corporate governance matters.</b>

AI Summary

Chord Energy Corp (CHRD) filed a Proxy Statement (DEF 14A) with the SEC on March 19, 2024. Chord Energy Corp. filed a Definitive Proxy Statement (DEF 14A) on March 19, 2024. The filing covers the period ending December 31, 2023. The company was formerly known as Oasis Petroleum Inc. until March 3, 2010. Chord Energy Corp. is in the Crude Petroleum & Natural Gas industry (SIC 1311). The company's principal business address is 1001 Fannin Street, Suite 1500, Houston, TX 77002.

Why It Matters

For investors and stakeholders tracking Chord Energy Corp, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation packages, director elections, and other corporate governance proposals, enabling informed voting decisions. As a public company in the oil and gas sector, Chord Energy's proxy statement is essential for transparency and compliance with SEC regulations, offering insights into the company's operational and financial performance as reflected in executive incentives.

Risk Assessment

Risk Level: low — Chord Energy Corp shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for public companies and does not indicate any unusual financial or operational distress.

Analyst Insight

Review the executive compensation details and any shareholder proposals to understand management's incentives and potential governance changes.

Key Numbers

  • 2024-03-19 — Filing Date (DEF 14A filing date)
  • 2023-12-31 — Period of Report End Date (Conformed period of report)
  • 1311 — SIC Code (Standard Industrial Classification)
  • 281-404-9500 — Business Phone (Company phone number)

Key Players & Entities

  • Chord Energy Corp. (company) — Filer name
  • Oasis Petroleum Inc. (company) — Former company name
  • 1001 Fannin Street, Suite 1500, Houston, TX 77002 (company) — Business address
  • 1934 Act (regulator) — SEC Act
  • 001-34776 (regulator) — SEC file number

FAQ

When did Chord Energy Corp file this DEF 14A?

Chord Energy Corp filed this Proxy Statement (DEF 14A) with the SEC on March 19, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Chord Energy Corp (CHRD).

Where can I read the original DEF 14A filing from Chord Energy Corp?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Chord Energy Corp.

What are the key takeaways from Chord Energy Corp's DEF 14A?

Chord Energy Corp filed this DEF 14A on March 19, 2024. Key takeaways: Chord Energy Corp. filed a Definitive Proxy Statement (DEF 14A) on March 19, 2024.. The filing covers the period ending December 31, 2023.. The company was formerly known as Oasis Petroleum Inc. until March 3, 2010..

Is Chord Energy Corp a risky investment based on this filing?

Based on this DEF 14A, Chord Energy Corp presents a relatively low-risk profile. The filing is a routine DEF 14A, which is standard for public companies and does not indicate any unusual financial or operational distress.

What should investors do after reading Chord Energy Corp's DEF 14A?

Review the executive compensation details and any shareholder proposals to understand management's incentives and potential governance changes. The overall sentiment from this filing is neutral.

How does Chord Energy Corp compare to its industry peers?

Chord Energy Corp. operates in the Crude Petroleum & Natural Gas sector, a key component of the energy industry.

Are there regulatory concerns for Chord Energy Corp?

As a publicly traded company, Chord Energy Corp. is subject to the reporting requirements of the Securities and Exchange Commission (SEC), including the filing of proxy statements.

Industry Context

Chord Energy Corp. operates in the Crude Petroleum & Natural Gas sector, a key component of the energy industry.

Regulatory Implications

As a publicly traded company, Chord Energy Corp. is subject to the reporting requirements of the Securities and Exchange Commission (SEC), including the filing of proxy statements.

What Investors Should Do

  1. Review the executive compensation summary table for details on salaries, bonuses, and stock awards.
  2. Examine the proposals being voted on by shareholders, such as director elections and any advisory resolutions.
  3. Note any changes in corporate governance practices or policies outlined in the filing.

Key Dates

  • 2024-03-19: DEF 14A Filing — Filing of the Definitive Proxy Statement

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard annual disclosure. No prior filing data is available in the provided text for comparison.

Filing Stats: 4,324 words · 17 min read · ~14 pages · Grade level 17.7 · Accepted 2024-03-19 17:23:01

Key Financial Figures

  • $10 billion — a market capitalization of greater than $10 billion and a premier Williston Basin position
  • $10.41 — ,425 Boepd AVERAGE PRODUCTION VOLUMES $10.41 per Boe LEASE OPERATING EXPENSES ("LOE
  • $922.3M — Boe LEASE OPERATING EXPENSES ("LOE") $922.3MM E&P and OTHER CAPEX 636.2 MMBoe NET
  • $7.0 billion — 1, 2023, with a Standardized Measure of $7.0 billion and PV-10 of $8.5 billion. 2023 Share
  • $8.5 billion — ed Measure of $7.0 billion and PV-10 of $8.5 billion. 2023 Shareholder Return Highlights
  • $11.88 — 2023 Shareholder Return Highlights $11.88 per share BASE PLUS VARIABLE CASH DIVI
  • $240.9M — DEND FOR YEAR ENDED DECEMBER 31, 2023 $240.9MM COMMON STOCK REPURCHASED Sustainabi
  • $1M — s compared to 2021 SOCIAL INVESTMENT ~$1MM Donated to education, community, and

Filing Documents

Executive Compensation Matters

Executive Compensation Matters 53 Compensation Discussion and Analysis 53 Compensation and Human Resources Committee Report 75

Executive Compensation Tables

Executive Compensation Tables 76 Pay Ratio 86 Pay v ersus Performance 87 Audit Matters 95 Proposal 3 – Ratification of Appointment of the Independent Registered Public Accounting Firm 95 Audit and All Other Fees 96 Pre-Approval Policies and Procedures 96 Audit and Reserves Committee Report 97

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 99 Users' Guide 101 Other Information 107 4 2024 Proxy Statement Highlights Company Overview Chord Energy is an independent U.S. energy company that acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids to meet domestic and international demand. The Company was created through the joining of Oasis Petroleum and Whiting Petroleum, whose complementary strengths created a more resilient company, better positioned to deliver value creation through the evolving energy landscape. Chord Energy has a premier Williston Basin position, a peer leading balance sheet, significant scale, and enhanced free cash flow generation, all of which enable us to provide value to our Stakeholders: Neighbors, Landowners, Communities, Employees, and Shareholders. We seek to responsibly and reliably deliver affordable energy vital for the prosperity of all. As a proud oil and gas operator, we're committed to sustainably energizing the world today and tomorrow. Business Strategy Our operational and financial strategy is focused on rigorous capital discipline and generating significant, sustainable free cash flow by executing on the following strategic priorities: Maximize Returns. We intend to maximize returns through efficiently executing our development program and optimizing our capital allocation, while evaluating our performance and focusing on continuous improvement. Financial Strength. Our management team is focused on maintaining a solid risk management process to preserve our strong balance sheet and protect our cash generation capabilities. Commitment to Excellence. We are focused on creating a durable organization that generates strong financial returns and sustainable free cash flow through commodity cycles. Responsible Stewards. We are committed to our established ESG initiatives and seek to maintain a culture of continuous improvement in ESG practices. 2

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.