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Chord Energy to Acquire Williston Basin Assets From XTO Energy
Chord Energy Chord Energy (US:CHRD) ZACKS·2025-09-18 03:01

Key Takeaways Chord Energy will acquire Williston Basin assets from XTO Energy for $550 million in cash.The deal adds 48,000 acres, 90 net drilling sites, and 9,000 barrels of oil equivalent per day.Assets lower breakeven costs, enhance cash flow, and strengthen shareholder returns.Chord Energy Corporation (CHRD) , a leading exploration and production firm in the United States, stated that it will acquire Williston Basin assets from a subsidiary of Exxon Mobil Corporation, XTO Energy. The acquisition will t ...