Sep. 17 at 6:01 PM
$CHRD makes a bold move with a
$550M acquisition! 💥
This all-cash deal strengthens Chord Energy’s foothold in the Williston Basin, adding 48,000 net acres with a robust 86% working interest. The assets promise 9,000 barrels/day, with breakeven costs in the
$40 range, and are expected to be immediately accretive across key financial metrics. 📈
Deep dive into CHRD's strategic expansion here 👉 https://www.zacks.com/stock/news/2753037/chord-energy-to-acquire-williston-basin-assets-from-xto-energy?cid=sm-stocktwits-2-2753037-body-12918&ADID=SYND_STOCKTWITS_TWEET_2_2753037_BODY_12918