Chord Energy Management

Management criteria checks 1/4

Chord Energy's CEO is Danny Brown, appointed in Apr 2021, has a tenure of 3.58 years. total yearly compensation is $2.99M, comprised of 28.5% salary and 71.5% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth €32.18M. The average tenure of the management team and the board of directors is 0.8 years and 2.8 years respectively.

Key information

Danny Brown

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage	28.5%
CEO tenure	3.6yrs
CEO ownership	0.4%
Management average tenure	less than a year
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Danny Brown's remuneration changed compared to Chord Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$936m
Jun 30 2024	n/a	n/a	US$920m
Mar 31 2024	n/a	n/a	US$923m
Dec 31 2023	US$3m	US$850k	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$2m	US$642k	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$341m
Mar 31 2022	n/a	n/a	US$252m
Dec 31 2021	US$15m	US$433k	US$189m

Compensation vs Market: Danny's total compensation ($USD2.99M) is about average for companies of similar size in the German market ($USD3.63M).

Compensation vs Earnings: Danny's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Danny Brown (49 yo)

3.6yrs

Tenure

US$2,985,651

Compensation

Mr. Daniel E. Brown, also known as Danny, serves as President at Chord Energy Corporation and serves as its Director since 2021. He is Chief Executive Officer at Chord Energy Corporation since April 13, 20...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Brown	President	3.6yrs	US$2.99m	0.42% € 32.2m
Shannon Kinney	Executive VP	1.3yrs	US$3.78m	0.0071% € 539.1k
Michael Lou	Executive VP	less than a year	US$1.57m	0.044% € 3.3m
Richard Robuck	Executive VP	less than a year	no data	no data
Darrin Henke	Executive VP & COO	less than a year	no data	no data
Lara Kroll	Vice President of Accounting	no data	no data	no data
Amanda Hurt	Senior VP & Chief Human Resources Officer	no data	no data	no data
Jason Swaren	Senior Vice President of Execution	no data	no data	no data
Kevin Kelly	Vice President of Sustainability	no data	no data	no data
Alex Wall	Vice President of Asset Management	no data	no data	no data

0.8yrs

Average Tenure

50yo

Average Age

Experienced Management: OS70's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Daniel Brown	President	3.8yrs	US$2.99m	0.42% € 32.2m
Susan Cunningham	Independent Chair	2.8yrs	US$315.57k	0.017% € 1.3m
Hilary Foulkes	Director	less than a year	no data	0.0025% € 187.8k
Ian Dundas	Director	less than a year	no data	0.11% € 8.0m
Kevin McCarthy	Independent Director	2.8yrs	US$300.57k	0.029% € 2.2m
M. Polzin	Director	less than a year	no data	0.00033% € 25.0k
Anne Taylor	Independent Director	2.8yrs	US$315.57k	0.017% € 1.3m
Marguerite Woung-Chapman	Independent Director	3.8yrs	US$315.57k	0.0099% € 748.1k
Samantha Holroyd	Independent Director	4.8yrs	US$300.57k	0.022% € 1.7m
Jeffrey Sheets	Director	less than a year	no data	0.0057% € 428.6k
Douglas Brooks	Lead Independent Director	4.8yrs	US$325.57k	0.040% € 3.0m

2.8yrs

Average Tenure

65yo

Average Age

Experienced Board: OS70's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Chord Energy Management

Management criteria checks 1/4

Key information

Recent management updates

High number of new directors

Chord Energy Corporation Announces Board Changes

Chord Energy Corporation Promotes Richard Robuck to Chief Financial Officer

Chord Energy Corporation Announces Management Changes

CFO & Executive VP recently sold €1.1m worth of stock

High number of new directors

Recent updates

Third quarter 2024 earnings released: EPS: US$3.65 (vs US$5.01 in 3Q 2023)

Chord Energy Corporation Provides Production Guidance for the Fourth Quarter and Revises Production Guidance for the Fiscal Year 2024

Chord Energy Corporation to Report Q3, 2024 Results on Nov 06, 2024

Second quarter dividend of US$2.52 announced

New minor risk - Shareholder dilution

Chord Energy Corporation Provides Production Guidance for the Third Quarter and Fiscal Year 2024

Now 20% undervalued after recent price drop

Chord Energy Corporation to Report Q2, 2024 Results on Aug 07, 2024

High number of new directors

Chord Energy Corporation Announces Board Changes

Chord Energy Corporation (NasdaqGS:CHRD) completed the acquisition of Enerplus Corporation (TSX:ERF).

First quarter dividend of US$2.94 announced

Chord Energy Corporation Provides Production Guidance for the Second Quarter and Revises Production Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$4.81 (vs US$7.13 in 1Q 2023)

Chord Energy Corporation to Report Q1, 2024 Results on May 08, 2024

Chord Energy Corporation Promotes Richard Robuck to Chief Financial Officer

Fourth quarter dividend of US$3.25 announced

Chord Energy Corporation (NasdaqGS:CHRD) entered into a definitive agreement to acquire Enerplus Corporation (TSX:ERF) for $3.8 billion.

Chord Energy Corporation (NasdaqGS:CHRD) entered into a definitive agreement to acquire Enerplus Corporation (TSX:ERF) for $3.8 billion.

New minor risk - Profit margin trend

Full year 2023 earnings released: EPS: US$24.68 (vs US$46.91 in FY 2022)

Chord Energy Corporation (NasdaqGS:CHRD) entered into a definitive agreement to acquire Enerplus Corporation (TSX:ERF) for $3.7 billion.

Chord Energy Corporation to Report Q4, 2023 Results on Feb 21, 2024

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Chord Energy Corporation Announces Management Changes

Third quarter 2023 earnings released: EPS: US$5.03 (vs US$22.79 in 3Q 2022)

Chord Energy Corporation Provides Production Guidance for the Fourth Quarter of 2023 and Revised Production Guidance for the Full Year 2023

Chord Energy Corporation to Report Q3, 2023 Results on Nov 01, 2023

CFO & Executive VP recently sold €1.1m worth of stock

Second quarter 2023 earnings released: EPS: US$5.21 (vs US$6.69 in 2Q 2022)

Chord Energy Corporation Provides Production Guidance for the Third Quarter of 2023 and Full Year 2023

Chord Energy Corporation to Report Q2, 2023 Results on Aug 02, 2023

BCP Resources, LLC acquired Permian Basin Producing Properties from Chord Energy Corporation (NasdaqGS:CHRD).

Chord Energy Corporation (NasdaqGS:CHRD) has entered into a definitive agreement to acquire Assets in the Williston Basin from XTO Energy Inc. for approximately $380 million.

An unknown buyer agreed to acquire certain non-Williston Basin assets in United Sates from Chord Energy Corporation (NasdaqGS:CHRD) for $35 million.

First quarter 2023 earnings released: EPS: US$7.15 (vs US$1.01 loss in 1Q 2022)

High number of new directors

Full year 2022 earnings released: EPS: US$46.91 (vs US$9.55 in FY 2021)

Chord Energy Corporation to Report Q4, 2022 Results on Feb 22, 2023

Now 21% undervalued after recent price drop

Insufficient new directors

Insufficient new directors

Chord Energy Corporation Provides Production Guidance for the Fourth Quarter and Second Half of 2022

Chord Energy Corporation to Report Q3, 2022 Results on Nov 02, 2022

Chord Energy Corporation (NasdaqGS:CHRD) announces an Equity Buyback for $300 million worth of its shares.

Chord Energy Corporation to Report Q2, 2022 Results on Aug 03, 2022

Oasis Petroleum Inc.(NasdaqGS:OAS) dropped from NASDAQ Composite Index

Whiting Petroleum Corporation (NYSE:WLL) completed the acquisition of Oasis Petroleum Inc. (NasdaqGS:OAS) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., JPMorgan Chase & Co. (NYSE:JPM) and others in a reverse merger transaction.

Oasis Petroleum Inc. Declares Special Dividend, Payable on July 8, 2022

Oasis Petroleum Inc. Provides Production Guidance for the Second Quarter of 2022

Oasis Petroleum Inc. to Report Q1, 2022 Results on May 04, 2022

Oasis Petroleum Inc. (NasdaqGS:OAS) announces an Equity Buyback for $150 million worth of its shares.

Crestwood Equity Partners LP (NYSE:CEQP) completed the acquisition of Oasis Midstream Partners LP (NasdaqGS:OMP) from Oasis Petroleum Inc. (NasdaqGS:OAS), OMS Holdings LLC and others.

Oasis Petroleum Inc. Declares Special Dividend, Payable on July 21, 2021

An unknown buyer agreed to acquire Permian Basin Assets from Oasis Petroleum Inc. (NasdaqGS:OAS) for $481 million.

Oasis Petroleum Inc. Provides Production Guidance for the Second Quarter and Full Year of 2021

Oasis Petroleum Inc. (NasdaqGS:OAS) entered into a definitive agreement to acquire select Williston Basin assets of Diamondback Energy, Inc. (NasdaqGS:FANG) for approximately $750 million.

Oasis Petroleum Inc. Declares Dividend for the First Quarter Ended March 31, 2021, Payable on May 31, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age