Chord Energy (CHRD) reported Q1 adjusted earnings late Tuesday of $4.04 per diluted share, down from $5.10 a year earlier.

Analysts polled by FactSet expected $3.56.

Revenue for the quarter ended Dec. 31 was $1.22 billion, up from $1.09 billion a year earlier.

One analyst surveyed by FactSet expected $1.21 billion.

Chord kept its quarterly dividend at $1.30 per share, payable June 9 to holders of record as of May 21.