Chord Energy CHRD Exploration and impairment
Exploration and impairment at other companies
Other financials
Where this comes from
Reported directly by Chord Energy in its filing.
Tagged under the XBRL concept chrd:ExplorationExpenseAndImpairmentOfOilAndGasProperties.
The official record: Chord Energy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Chord Energy's exploration and impairment?
- Chord Energy (CHRD) reported exploration and impairment of $2.56M in Q1 2026.
- How has Chord Energy's exploration and impairment changed year-over-year?
- Chord Energy's exploration and impairment increased by 29.2% year-over-year, from $1.98M to $2.56M.
- What does exploration and impairment mean?
- This metric aggregates costs associated with unsuccessful exploration efforts and the write-down of asset carrying values when their book value exceeds their estimated recoverable amount. It provides insight into the company's capital discipline and the geological risk profile of its undeveloped acreage. High levels of impairment often signal a need to reassess the economic viability of specific exploration projects.