Chord Energy Corporation is increasing its base dividend to $1.25 per share per quarter ($5.00 per share annualized), representing an approximate 114% increase from the prior base dividend of $0.585 per share per quarter. Capital will be returned through base dividends, variable dividends and share repurchases. The new base dividend represents an annualized yield of approximately 3.9%.

The second quarter 2022 base dividend will be payable on August 30, 2022 to shareholders of record as of August 16, 2022.