Chord Energy sells non-operated Marcellus assets to POSCO International for $550 million

• Chord Energy agreed to sell its entire non-operated Marcellus position to POSCO International for total gross consideration of USD 550 million.
• Closing expected in Q4 2026; effective date July 1, 2026; USD 55 million deposit received with the balance due at closing.
• Assets include about 32,000 net acres; trailing 12-month production about 121 MMcfpd of residue gas.
• Deal value equates to about 6x adjusted EBITDA at USD 3.5/MMBtu Henry Hub.
• Portfolio to focus exclusively on the Williston Basin; annual capex expected to fall by about USD 25 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chord Energy Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609160730PR_NEWS_USPR_____DA49197) on September 16, 2026, and is solely responsible for the information contained therein.