Full-Time
Posted on 10/1/2025
Independent E&P developing oil, gas resources
No salary listed
Dickinson, United States
In Person
Chord Energy is an independent oil and natural gas exploration and production company focused on the Williston Basin in North Dakota and Montana. It acquires, develops, and operates wells to extract crude oil, natural gas, and natural gas liquids, using drilling and completion techniques to maximize recovery while reducing environmental impact. The company differentiates itself by concentrating on a single prolific region and applying disciplined, technically informed development and ESG practices to improve efficiency and reduce footprint. Its goal is to responsibly grow U.S. oil and gas resources and deliver long-term value to shareholders through safe, reliable production.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Houston, Texas
Founded
2022
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Vinson & Elkins served as initial purchasers’ counsel in connection with an upsized private offering by Chord Energy Corporation (NYSE:CHRD) of $750 million aggregate principal amount of 6.000% senior notes due 2030.
Chord Energy upsized its senior unsecured notes offering from $500 million to $750 million, with 6.000% notes due in 2030. The proceeds will fund the $550 million acquisition of oil and gas assets in the Williston Basin from XTO Energy, cover related expenses, and repay borrowings. The notes include a redemption provision if the acquisition doesn't occur by June 30, 2026. Analysts have reacted positively, with price targets raised by BofA Securities, UBS, and Piper Sandler.
Chord Energy Corp (CHRD) & Exxon Mobil Corp (XOM): Chord Energy will acquire Exxon's XTO Energy assets in the Williston Basin for $550 million, adding 48,000 acres with strong oil production potential.
Chord Energy announced on Monday that a wholly owned subsidiary will acquire Williston Basin assets from Exxon Mobil's XTO Energy for $550 million in cash, marking another strategic expansion in the Bakken shale.
Proficio Capital Partners LLC invests $3.54 million in Chord Energy Co. (NASDAQ:CHRD).