Saturday, April 4, 2026

Chord Energy -- XTO Assets -- Acquisition Closed Last October, 2025 -- Posted April 4, 2026

See details at this blog

As far as I know, readers did not receive a 1099 for 2025 from Chord Energy which is now responsible for royalties and 1099s for XTO assets Chord purchased from Exxon in calendar year 2025, which closed October 31, 2025. 

Oasis, Whiting, and Enerplus continue to pay royalties under their own names (Oasis, Whiting, and Enerplus) and those three companies will provide EOY 1099s.

Again, this is not true for XTO assets acquired by Chord in 2025. Royalty owners of those assets should expect to see checks directly from Chord starting in 2026. In their original note to royalty owners concerning this acquisition it was stated that royalties owners might see a 1099 from Chord in 2025. To the best of my knowledge, that did not happen. 

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