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Stockholder's Equity (Tables)
12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
Schedule of Dividends Payable
The following table summarizes the Company’s fixed and variable dividends declared by quarter for the years ended December 31, 2023 and 2022:
Rate per Share
BaseVariableSpecialTotalTotal Dividends Declared
(In thousands)
Q4 2023$1.250 $1.250 $— $2.500 $107,867 
Q3 20231.250 0.110 — 1.360 58,374 
Q2 20231.250 1.970 — 3.220 137,507 
Q1 20231.250 3.550 — 4.800 204,884 
Total$5.000 $6.880 $— $11.880 $508,632 
Q4 2022$1.250 $2.420 $— $3.670 $157,673 
Q3 20221.250 — — 1.250 70,242 
Q2 20220.585 2.940 15.000 18.525 379,369 
Q1 20220.585 3.000 — 3.585 73,074 
Total $3.670 $8.360 $15.000 $27.030 $680,358 
Schedule of Warrants The following table summarizes the Company’s outstanding warrants as of December 31, 2023:
Warrants(1)
Exercise Price(2)
Legacy Oasis575,717$75.57 
Legacy Whiting - Series A1,318,369$116.37 
Legacy Whiting - Series B1,338,568$133.70 
Total3,232,654
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(1)Represents the number of warrants in terms of shares of Chord common stock.
(2)The exercise price of legacy Whiting warrants was adjusted in accordance with the Merger Agreement.