{
  "url": "https://struct.news/briefs/chord-energys-customer-map-starts-with-two-buyers-taking-a-third-of-sales",
  "title": "Chord Energy’s customer map starts with two buyers taking a third of sales",
  "summary": "Chord Energy discloses a concentrated customer base, an asset deal with ExxonMobil’s XTO Energy, and an investment in Energy Transfer.",
  "published_at": "2026-08-20T23:47:48.230413+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Chord Energy Corporation",
    "ticker": "CHRD",
    "cik": null,
    "sector": "Energy",
    "industry": null
  },
  "source_filing": null,
  "comparison_filing": null,
  "reported_figures": [
    {
      "group": "Chord Energy’s disclosed relationship map",
      "label": "XOM",
      "value": "XOM",
      "display": "XOM",
      "unit": "ticker",
      "period": null,
      "detail": null,
      "source": {
        "kind": "jodie_evidence",
        "label": "Named in SEC filings",
        "as_of": "2026-08-20"
      }
    },
    {
      "group": "Chord Energy’s disclosed relationship map",
      "label": "PSX",
      "value": "PSX",
      "display": "PSX",
      "unit": "ticker",
      "period": null,
      "detail": "21.0% revenue",
      "source": {
        "kind": "jodie_evidence",
        "label": "Named in SEC filings",
        "as_of": "2026-08-20"
      }
    },
    {
      "group": "Chord Energy’s disclosed relationship map",
      "label": "MPC",
      "value": "MPC",
      "display": "MPC",
      "unit": "ticker",
      "period": null,
      "detail": "12.0% revenue",
      "source": {
        "kind": "jodie_evidence",
        "label": "Named in SEC filings",
        "as_of": "2026-08-20"
      }
    },
    {
      "group": "Chord Energy’s disclosed relationship map",
      "label": "XOM",
      "value": "XOM",
      "display": "XOM",
      "unit": "ticker",
      "period": null,
      "detail": null,
      "source": {
        "kind": "jodie_evidence",
        "label": "Named in SEC filings",
        "as_of": "2026-08-20"
      }
    },
    {
      "group": "Chord Energy’s disclosed relationship map",
      "label": "ET",
      "value": "ET",
      "display": "ET",
      "unit": "ticker",
      "period": null,
      "detail": null,
      "source": {
        "kind": "jodie_evidence",
        "label": "Named in SEC filings",
        "as_of": "2026-08-20"
      }
    }
  ],
  "watch_next": [
    {
      "type": "commodity_prices",
      "statement": "Commodity prices are affecting both operating results and derivatives: Chord Energy reported a six-month net derivative loss tied primarily to the futures curve for forecasted oil prices.",
      "importance": "medium",
      "evidence": "During the six months ended June 30, 2026, we recorded a $133.6 million net loss on derivative instruments, which included a realized loss of $111.6 million on settled commodity derivative contracts, coupled with an unrealized loss of $22.0 million related to the change in fair value of our commodity derivative contracts primarily driven by an upward shift in the futures curve for forecasted oil commodity prices.",
      "source_date": "2026-08-06"
    },
    {
      "type": "demand",
      "statement": "Transported volumes decreased on the Trunkline, Gulf Run, and Mississippi River systems because of lower demand.",
      "importance": "medium",
      "evidence": "For the three and six months ended June 30, 2026 compared to the same periods last year, transported volumes decreased primarily due to lower utilization on our Trunkline, Gulf Run and Mississippi River systems due to lower demand.",
      "source_date": "2026-08-06"
    },
    {
      "type": "interest_rates",
      "statement": "Interest expense on senior unsecured notes increased period over period after Chord Energy issued its 2033 and 2030 Senior Notes during 2025.",
      "importance": "medium",
      "evidence": "The increase is primarily due to additional interest expense period over period on our senior unsecured notes of $35.0 million as a result of the issuance of the 2033 Senior Notes (defined below) and the 2030 Senior Notes (defined below) during 2025.",
      "source_date": "2026-08-06"
    },
    {
      "type": "commodity_prices",
      "statement": "Phillips 66 disclosed higher NGL prices from tight supply and fewer Middle East cargos, alongside lower natural gas prices from increased supply and seasonal demand changes.",
      "importance": "medium",
      "evidence": "The increase in NGL prices was primarily due to a tight supply market with fewer cargos from the Middle East, while the decrease in natural gas prices was due to increased natural gas supply and the end of the winter demand season.",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "CHRD",
    "ET",
    "MPC",
    "PSX",
    "XOM"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}