An announcement from Chord Energy ( (CHRD) ) is now available.
On March 3, 2025, Chord Energy Corporation announced the pricing of a $750 million offering of 6.750% senior unsecured notes due 2033. The proceeds from this offering will be used to finance a tender offer for outstanding 2026 notes, repay borrowings under the company’s credit facility, and cover associated fees and expenses. This strategic financial move aims to strengthen Chord Energy’s balance sheet and operational flexibility.
More about Chord Energy
Chord Energy Corporation is an independent exploration and production company with sustainable long-lived assets in the Williston Basin. The company focuses on developing unconventional onshore oil-rich resources in the continental United States, emphasizing capital discipline and generating free cash flow.
YTD Price Performance: -3.86%
Average Trading Volume: 821,762
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.82B
Learn more about CHRD stock on TipRanks’ Stock Analysis page.
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