CHRD — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• These forward-looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events.

• These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control. Without limiting the generality of the foregoing, certain statements incorporated by reference or included in this Quarterly Report on Form 10-Q constitute forward-looking state…

• We believe these factors and risks relate to forward-looking statements including, but not limited to, the following:

• •uncertainty regarding the future actions of foreign oil producers and the related impacts such actions have on the balance between the supply of and demand for crude oil, NGL and natural gas;

• •changes or uncertainty in general economic and geopolitical conditions;

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• These forward-looking statements are based on management’s current belief, based on currently available information, as to the outcome and timing of future events. Without limiting the generality of the foregoing, certain statements incorporated by reference or included in this Quarterly Report on F…

• •uncertainty regarding the future actions of foreign oil producers and the related impacts such actions have on the balance between the supply of and demand for crude oil, NGLs and natural gas;

• •timing and amount of future production of crude oil, NGLs and natural gas;

• •failure to realize the anticipated benefits or synergies from the Arrangement (as defined in the “Results of Operations” section of Item 2 below) in the timeframe expected or at all;

• •our ability to realize the anticipated benefits from the 2025 Williston Basin Acquisition (as defined in the “Recent Developments” section of Item 2 below);

Text added vs the prior filing · source: 10-Q · 2026-05-07

• The fair value of our unrealized crude oil derivative positions at March 31, 2026 was a net liability position of $169.8 million. A 10% increase in crude oil prices would increase the fair value of this unrealized derivative liability position by approximately $153.1 million, while a 10% decrease in…

• Interest rate risk. At March 31, 2026, we had $750.0 million of senior unsecured notes at a fixed interest rate of 6.000% per annum and $750.0 million of senior unsecured notes at a fixed interest rate of 6.750% per annum. At March 31, 2026, we had no borrowings and $32.6 million of outstanding lett…

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• The fair value of our unrealized crude oil derivative positions at September 30, 2025 was a net asset position of $51.9 million. A 10% increase in crude oil prices would reduce the fair value of this unrealized derivative asset position by approximately $49.6 million, while a 10% decrease in crude o…

• In addition, in connection with the 2021 divestiture of certain oil and gas properties, we are entitled to receive up to three earn-out payments of $25.0 million per year for each of 2023, 2024 and 2025 if the average daily settlement price of NYMEX WTI crude oil exceeds $60 per barrel for such year…

• Interest rate risk. At September 30, 2025, we had $750.0 million of senior unsecured notes at a fixed interest rate of 6.000% per annum and $750.0 million of senior unsecured notes at a fixed interest rate of 6.750% per annum. At September 30, 2025, we had no borrowings and $32.1 million of outstand…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Rule 10b5-1 trading arrangements. During the fiscal quarter ended March 31, 2026, none of our directors or officers (as defined in Rule 16a-1 under the Exchange Act) adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 40…

• •Daniel E. Brown, the Company’s President & Chief Executive Officer and Director, adopted a new “Rule 10b5-1 trading arrangement” on March 16, 2026 to sell up to 60,000 vested shares of the Company’s common stock, through March 16, 2027, subject to certain limit prices and earlier termination in acc…

• •Michael H. Lou, the Company’s Executive Vice President, Chief Strategy Officer and Chief Commercial Officer, adopted a new “Rule 10b5-1 trading arrangement” on March 16, 2026 to sell up to 30,000 vested shares of the Company’s common stock, through March 10, 2027, subject to certain limit prices an…

• The Rule 10b5-1 trading arrangements described above were adopted and approved in accordance with the Company’s Insider Trading Policy.

Text removed vs the prior filing · source: 10-Q · 2025-11-06

• The information set forth below is included herein for the purpose of providing the disclosure required under “Item 1.01 – Entry into a Material Definitive Agreement.” of Form 8-K.

• On November 3, 2025, the Company entered into the Seventh Amendment (the “Seventh Amendment”) to that certain Amended and Restated Credit Agreement dated as of July 1, 2022, by and among the Company, Oasis Petroleum North America LLC, a Delaware limited liability company, Wells Fargo Bank, N.A., as …

• The foregoing description of the Seventh Amendment to the Credit Agreement is a summary only, does not purport to be complete, and is qualified in its entirety by reference to the full text of the Seventh Amendment, which is attached hereto as Exhibit 10.1 and incorporated by reference into this Ite…

• During the fiscal quarter ended September 30, 2025, none of our directors or officers (as defined in Rule 16a-1 under the Exchange Act) adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K.