Chord Energy Corporation (CHRD) 10-Year Financial Performance & Capital Metrics

CHRD • • Industrial / General

EnergyOil & Gas E&PUnconventional Shale E&POther Shale Play Operators

AboutChord Energy Corporation operates as an independent exploration and production company. It acquires, exploits, develops, and explores for crude oil, natural gas, and natural gas liquids in the Williston Basin. The company was founded in 2007 and is headquartered in Houston, Texas.Show more

Revenue $5.25B +34.8%
EBITDA $2.21B +18.0%
Net Income $849M -17.1%
EPS (Diluted) 16.02 -31.9%
Gross Margin 24.86% -32.6%
EBITDA Margin 42.05% -12.5%
Operating Margin 20.95% -35.9%
Net Margin 16.16% -38.5%
ROE 12.32% -41.3%
ROIC 11% -43.2%
Debt/Equity 0.12 +13.8%
Interest Coverage 19.46 -56.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 32.1%
✓FCF machine: 17.5% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 22.2%
✓Trading at only 0.6x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Shares diluted 21.5% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y14.21%

5Y22.15%

3Y49.23%

TTM8.43%

Profit (Net Income) CAGR

10Y5.29%

5Y-

3Y38.47%

TTM-81.84%

EPS CAGR

10Y12.24%

5Y-

3Y1.15%

TTM-86.8%

ROCE

10Y Avg1.2%

5Y Avg2.73%

3Y Avg26.91%

Latest12.86%

Peer Comparison

Other Shale Play Operators

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MGYMagnolia Oil & Gas Corporation	4.12B	22.49	11.59	7.25%	25.9%	17.05%	10.48%	0.21
KGEIKolibri Global Energy Inc.	126.93M	3.59	7.04	15.84%	24.74%	8.88%	6.02%	0.18
REPXRiley Exploration Permian, Inc.	616.01M	28.04	6.58	9.37%	21.73%	15.25%	18.89%	0.54
MNRMach Natural Resources LP	1.85B	11.01	5.79	27.2%	28.51%	14.85%	15.37%	0.64
CHRDChord Energy Corporation	5.23B	91.94	5.74	34.76%	3.31%	2.11%	17.56%	0.12
CIVICivitas Resources, Inc.	2.27B	26.55	3.14	49.76%	13.56%	9.55%	39.44%	0.68
REIRing Energy, Inc.	201.01M	0.97	2.85	1.46%	-5.01%	-1.91%	18.95%	0.45
PEDPEDEVCO Corp.	51.29M	0.54	2.69	28.49%	28.75%	8.29%	24.56%	0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	789.74M	704.66M	1.25B	2.32B	1.93B	1.08B	1.58B	3.65B	3.9B	5.25B
Revenue Growth %	-0.43%	-0.11%	0.77%	0.86%	-0.17%	-0.44%	0.46%	1.31%	0.07%	0.35%
Cost of Goods Sold+	74.14M	26.01M	54.82M	1.7B	1.85B	843.29M	909.84M	1.86B	2.46B	3.95B
COGS % of Revenue	0.09%	0.04%	0.04%	0.73%	0.96%	0.78%	0.58%	0.51%	0.63%	0.75%
Gross Profit+	715.6M	678.65M	1.19B	623.43M	80.17M	240.05M	670.09M	1.79B	1.44B	1.31B
Gross Margin %	0.91%	0.96%	0.96%	0.27%	0.04%	0.22%	0.42%	0.49%	0.37%	0.25%
Gross Profit Growth %	-0.35%	-0.05%	0.76%	-0.48%	-0.87%	1.99%	1.79%	1.67%	-0.2%	-0.09%
Operating Expenses+	124.11M	133.37M	147.54M	148.78M	170.35M	5.11B	-139.35M	206.64M	164.41M	205.52M
OpEx % of Revenue	0.16%	0.19%	0.12%	0.06%	0.09%	4.72%	-0.09%	0.06%	0.04%	0.04%
Selling, General & Admin	124.11M	133.37M	147.54M	121.35M	128.59M	159.52M	80.69M	209.3M	126.32M	205.59M
SG&A % of Revenue	0.16%	0.19%	0.12%	0.05%	0.07%	0.15%	0.05%	0.06%	0.03%	0.04%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	121K	41.75M	4.95B	-220.04M	-2.66M	38.09M	-67K
Operating Income+	-114.16M	-130.83M	143.97M	119.01M	-90.17M	-4.87B	809.44M	1.58B	1.27B	1.1B
Operating Margin %	-0.14%	-0.19%	0.12%	0.05%	-0.05%	-4.5%	0.51%	0.43%	0.33%	0.21%
Operating Income Growth %	-1.18%	-0.15%	2.1%	-0.17%	-1.76%	-53.04%	1.17%	0.96%	-0.2%	-0.14%
EBITDA+	371.16M	345.5M	674.77M	755.31M	697.02M	-4.57B	967.75M	1.95B	1.87B	2.21B
EBITDA Margin %	0.47%	0.49%	0.54%	0.33%	0.36%	-4.21%	0.61%	0.54%	0.48%	0.42%
EBITDA Growth %	-0.65%	-0.07%	0.95%	0.12%	-0.08%	-7.55%	1.21%	1.02%	-0.04%	0.18%
D&A (Non-Cash Add-back)	485.32M	476.33M	530.8M	636.3M	787.19M	307.21M	158.3M	369.66M	598.56M	1.11B
EBIT	93.28M	-231.25M	70.98M	126.15M	-199.49M	-3.86B	218.79M	1.41B	1.37B	1.17B
Net Interest Income+	-149.65M	-140.31M	-146.84M	-159.09M	-176.22M	-143.86M	-30.81M	-29.35M	-28.63M	-56.52M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	149.65M	140.31M	146.84M	151.5M	176.22M	143.86M	30.81M	29.35M	28.63M	56.52M
Other Income/Expense	57.79M	-240.72M	-219.83M	-144.35M	-260.72M	836M	-621.46M	-200.21M	65.85M	12.37M
Pretax Income+	-56.37M	-371.55M	-75.86M	-25.34M	-350.89M	-4.04B	187.99M	1.38B	1.34B	1.11B
Pretax Margin %	-0.07%	-0.53%	-0.06%	-0.01%	-0.18%	-3.73%	0.12%	0.38%	0.34%	0.21%
Income Tax+	-16.12M	-128.54M	-199.65M	-5.84M	-32.72M	-266.41M	-973K	-46.88M	315.25M	263.81M
Effective Tax Rate %	0.71%	1.35%	-1.63%	1.39%	0.37%	0.91%	1.7%	1.34%	0.76%	0.76%
Net Income+	-40.25M	-500.09M	123.8M	-35.3M	-128.24M	-3.69B	319.6M	1.86B	1.02B	848.63M
Net Margin %	-0.05%	-0.71%	0.1%	-0.02%	-0.07%	-3.41%	0.2%	0.51%	0.26%	0.16%
Net Income Growth %	-1.08%	-11.43%	1.25%	-1.29%	-2.63%	-27.78%	1.09%	4.81%	-0.45%	-0.17%
Net Income (Continuing)	-40.25M	-243.02M	127.45M	-19.5M	-318.18M	-3.77B	188.96M	1.43B	1.02B	848.63M
Discontinued Operations	0	0	0	0	189.94M	0	130.64M	425.7M	0	0
Minority Interest	0	0	137.89M	184.3M	200.94M	96.8M	188.67M	0	0	0
EPS (Diluted)+	-0.31	-2.72	0.52	-0.11	-6.42	-184.60	15.48	57.55	23.51	16.02
EPS Growth %	-1.06%	-7.77%	1.19%	-1.21%	-57.36%	-27.75%	1.08%	2.72%	-0.59%	-0.32%
EPS (Basic)	-0.31	-2.72	0.53	-0.11	-6.42	-184.60	16.15	60.86	24.59	16.32
Diluted Shares Outstanding	130.19M	183.62M	237.88M	314.78M	19.99M	19.99M	20.65M	32.25M	43.4M	52.75M
Basic Shares Outstanding	129.83M	183.62M	234.99M	311.88M	19.99M	19.99M	19.79M	30.5M	41.49M	51.8M
Dividend Payout Ratio	-	-	-	-	-	-	0.35%	0.19%	0.49%	0.62%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	365.29M	238.55M	415.63M	554.15M	437.35M	271.62M	1.62B	1.48B	1.42B	1.58B
Cash & Short-Term Investments	9.73M	11.23M	16.72M	22.19M	20.02M	10.71M	172.11M	593.15M	318M	36.95M
Cash Only	9.73M	11.23M	16.72M	22.19M	20.02M	10.71M	172.11M	593.15M	318M	36.95M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	197.41M	204.34M	363.58M	387.6M	371.18M	202.24M	377.2M	781.74M	943.11M	1.3B
Days Sales Outstanding	91.24	105.84	106.3	60.93	70.17	68.14	87.14	78.24	88.34	90.29
Inventory	11.07M	10.65M	19.37M	33.13M	35.26M	21.62M	28.96M	54.41M	72.56M	94.3M
Days Inventory Outstanding	54.51	149.41	128.96	7.12	6.95	9.36	11.62	10.7	10.77	8.72
Other Current Assets	240.66M	4.72M	132.03M	100.24M	881K	31.23M	1.03B	35.59M	48.42M	118.02M
Total Non-Current Assets+	5.28B	6.2B	6.43B	7.26B	7.06B	1.89B	1.41B	5.15B	5.5B	11.45B
Property, Plant & Equipment	5.22B	5.92B	6.17B	7.03B	7B	852.26M	1.34B	4.74B	5.34B	10.72B
Fixed Asset Turnover	0.15x	0.12x	0.20x	0.33x	0.28x	1.27x	1.18x	0.77x	0.73x	0.49x
Goodwill	0	0	0	0	0	70.53M	0	0	0	530.62M
Intangible Assets	0	0	0	125K	0	43.67M	0	0	0	0
Long-Term Investments	15.78M	0	9K	6.95M	0	0	0	130.57M	100.17M	142.2M
Other Non-Current Assets	50.07M	20.52M	33.8M	37.81M	65.63M	920.95M	75.13M	82.55M	65.41M	55.9M
Total Assets+	5.65B	6.44B	6.85B	7.81B	7.5B	2.16B	3.03B	6.63B	6.93B	13.03B
Asset Turnover	0.14x	0.11x	0.18x	0.30x	0.26x	0.50x	0.52x	0.55x	0.56x	0.40x
Asset Growth %	-0.04%	0.14%	0.06%	0.14%	-0.04%	-0.71%	0.4%	1.19%	0.04%	0.88%
Total Current Liabilities+	370.57M	381.12M	631.28M	611.78M	602.88M	341.23M	1.23B	1.36B	1.17B	1.68B
Accounts Payable	9.98M	4.64M	13.37M	20.17M	17.95M	2.56M	2.14M	29.06M	34.45M	68.75M
Days Payables Outstanding	49.15	65.18	89.02	4.33	3.54	1.11	0.86	5.71	5.11	6.36
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Deferred Revenue (Current)	0	0	0	0	1000K	1000K	1000K	1000K	1000K	0
Other Current Liabilities	187.29M	203.35M	343.31M	296.99M	22.6M	80.66M	796.85M	368.12M	-238.69M	113.93M
Current Ratio	0.99x	0.63x	0.66x	0.91x	0.73x	0.80x	1.32x	1.09x	1.22x	0.94x
Quick Ratio	0.96x	0.60x	0.63x	0.85x	0.67x	0.73x	1.29x	1.05x	1.16x	0.88x
Cash Conversion Cycle	96.6	190.07	146.23	63.71	73.58	76.39	97.9	83.23	94	92.65
Total Non-Current Liabilities+	2.96B	3.14B	2.7B	3.28B	3.06B	805.07M	580.02M	589.95M	684.07M	2.65B
Long-Term Debt	2.3B	2.3B	2.1B	2.74B	2.71B	260M	392.52M	394.21M	395.9M	842.6M
Capital Lease Obligations	0	0	0	0	17.91M	1.63M	6.72M	13.27M	18.67M	15.19M
Deferred Tax Liabilities	608.15M	777.4M	528.99M	484.23M	267.36M	984K	7K	0	95.32M	1.5B
Other Non-Current Liabilities	656.88M	63.62M	74.54M	60.16M	62.44M	542.45M	180.76M	182.47M	174.18M	291.54M
Total Liabilities	3.33B	3.52B	3.33B	3.89B	3.66B	1.15B	1.81B	1.95B	1.85B	4.33B
Total Debt+	2.3B	2.3B	2.1B	2.74B	2.77B	281.93M	436.62M	491.13M	535.43M	1.04B
Net Debt	2.29B	2.29B	2.08B	2.71B	2.75B	271.22M	264.5M	-102.02M	217.44M	1.01B
Debt / Equity	0.99x	0.79x	0.60x	0.70x	0.72x	0.28x	0.36x	0.10x	0.11x	0.12x
Debt / EBITDA	6.20x	6.65x	3.11x	3.62x	3.97x	-	0.45x	0.25x	0.29x	0.47x
Net Debt / EBITDA	6.18x	6.62x	3.08x	3.59x	3.95x	-	0.27x	-0.05x	0.12x	0.46x
Interest Coverage	-0.76x	-0.93x	0.98x	0.79x	-0.51x	-33.87x	26.28x	53.96x	44.47x	19.46x
Total Equity+	2.32B	2.92B	3.51B	3.92B	3.84B	1.01B	1.22B	4.68B	5.08B	8.7B
Equity Growth %	0.24%	0.26%	0.2%	0.12%	-0.02%	-0.74%	0.21%	2.83%	0.08%	0.71%
Book Value per Share	17.82	15.92	14.77	12.45	191.94	50.66	59.16	145.11	116.98	164.98
Total Shareholders' Equity	2.32B	2.92B	3.38B	3.73B	3.64B	915.94M	1.03B	4.68B	5.08B	8.7B
Common Stock	1.38M	2.33M	2.67M	3.16M	3.19M	200K	200K	438K	456K	673K
Retained Earnings	834.52M	591.5M	717.99M	682.69M	554.45M	-49.91M	269.69M	1.45B	1.96B	2.3B
Treasury Stock	-13.62M	-15.95M	-22.18M	-29.02M	-33.88M	0	-100M	-251.95M	-493.29M	-936.16M
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	137.89M	184.3M	200.94M	96.8M	188.67M	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	359.81M	228.02M	507.88M	996.42M	892.85M	298.19M	914.14M	1.92B	1.82B	2.1B
Operating CF Margin %	0.46%	0.32%	0.41%	0.43%	0.46%	0.28%	0.58%	0.53%	0.47%	0.4%
Operating CF Growth %	-0.59%	-0.37%	1.23%	0.96%	-0.1%	-0.67%	2.07%	1.1%	-0.05%	0.15%
Net Income	-40.25M	-243.02M	123.8M	-19.5M	-90.65M	-3.77B	355.3M	1.86B	1.02B	848.63M
Depreciation & Amortization	521.92M	476.33M	530.8M	530.8M	787.19M	307.21M	525.14M	372.85M	598.56M	1.11B
Stock-Based Compensation	25.27M	24.2M	26.6M	29.27M	33.61M	31.59M	15.48M	66.1M	46.11M	23M
Deferred Taxes	-16.11M	-128.54M	-202.88M	-5.87M	-32.7M	-266.37M	-977K	0	295.55M	221.92M
Other Non-Cash Items	836.83M	1.12B	1.23B	475.58M	143.98M	3.93B	12.99M	-456.21M	-52.28M	-70.04M
Working Capital Changes	57.55M	-21.76M	-69.1M	-13.87M	51.42M	62.83M	6.2M	85.13M	-91.87M	-34.05M
Change in Receivables	108.46M	-11.92M	-166.39M	-23.51M	13.73M	164.76M	-184.6M	84.04M	-147.87M	-7.75M
Change in Inventory	6.87M	254K	-2.5M	-14.35M	-5.89M	-2.1M	2.17M	8.76M	-12.66M	-14.31M
Change in Payables	-71.62M	-13.84M	123.11M	23.76M	0	0	190.12M	0	78.27M	30.05M
Cash from Investing+	-479.15M	-1.07B	-714.76M	-1.61B	-828.76M	-102.28M	-920.77M	-682.56M	-1.43B	-1.75B
Capital Expenditures	-848.66M	-1.21B	-709.59M	-1.15B	-869.22M	-341.81M	-215.75M	-531.33M	-905.67M	-1.18B
CapEx % of Revenue	1.07%	1.71%	0.57%	0.5%	0.45%	0.32%	0.14%	0.15%	0.23%	0.22%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	368.44M	124.93M	-10.95M	119.92M	42.38M	239.53M	-8.07M	-3.09M	-258.08M	80.28M
Cash from Financing+	83.25M	844.31M	212.38M	622.59M	-66.27M	-195.7M	161.19M	-823.1M	-664.7M	-624.46M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-111.91M	-654.73M	-500.3M	-529.91M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	448.2M	757.54M	-55K	-29.73M	-22.74M	-37.19M	31.26M	11.63M	76.65M	-30.86M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-488.85M	-980.07M	-201.71M	-155.39M	23.63M	-43.62M	698.39M	1.39B	914.18M	918.15M
FCF Margin %	-0.62%	-1.39%	-0.16%	-0.07%	0.01%	-0.04%	0.44%	0.38%	0.23%	0.17%
FCF Growth %	0.07%	-1%	0.79%	0.23%	1.15%	-2.85%	17.01%	0.99%	-0.34%	0%
FCF per Share	-3.76	-5.34	-0.85	-0.49	1.18	-2.18	33.82	43.18	21.06	17.41
FCF Conversion (FCF/Net Income)	-8.94x	-0.46x	4.10x	-28.23x	-6.96x	-0.08x	2.86x	1.04x	1.78x	2.47x
Interest Paid	0	0	0	141.2M	155.83M	154.83M	41.6M	24.27M	26.37M	49.51M
Taxes Paid	0	0	0	38K	111K	110K	20M	0	17.2M	53.72M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-1.92%	-19.08%	3.85%	-0.95%	-3.31%	-152.18%	28.61%	62.91%	20.99%	12.32%
Return on Invested Capital (ROIC)	-1.88%	-2%	2%	1.46%	-1.02%	-92.87%	43.83%	39.18%	19.35%	11%
Gross Margin	90.61%	96.31%	95.61%	26.85%	4.15%	22.16%	42.41%	49.1%	36.89%	24.86%
Net Margin	-5.1%	-70.97%	9.92%	-1.52%	-6.64%	-340.64%	20.23%	50.9%	26.27%	16.16%
Debt / Equity	0.99x	0.79x	0.60x	0.70x	0.72x	0.28x	0.36x	0.10x	0.11x	0.12x
Interest Coverage	-0.76x	-0.93x	0.98x	0.79x	-0.51x	-33.87x	26.28x	53.96x	44.47x	19.46x
FCF Conversion	-8.94x	-0.46x	4.10x	-28.23x	-6.96x	-0.08x	2.86x	1.04x	1.78x	2.47x
Revenue Growth	-43.19%	-10.77%	77.17%	85.99%	-16.85%	-43.89%	45.84%	130.82%	6.85%	34.76%

Revenue by Segment

	2012	2015	2016	2017	2018	2022	2023	2024
Oil Production	-	-	-	-	-	2.37B	2.84B	3.57B
Oil Production Growth	-	-	-	-	-	-	19.81%	25.93%
Purchased Oil Sales	-	-	-	-	-	511.02M	709.82M	1.38B
Purchased Oil Sales Growth	-	-	-	-	-	-	38.90%	93.97%
Purchased Gas Sales	-	-	-	-	-	159.15M	54.41M	38.08M
Purchased Gas Sales Growth	-	-	-	-	-	-	-65.81%	-30.01%
Natural Gas Liquid Services	-	-	-	-	-	324K	-	-
Natural Gas Liquid Services Growth	-	-	-	-	-	-	-	-
Natural Gas 1	-	-	-	-	-	609.3M	-	-
Natural Gas 1 Growth	-	-	-	-	-	-	-	-
Oil and Gas	-	-	-	-	1.59B	-	-	-
Oil and Gas Growth	-	-	-	-	-	-	-	-
Well Servicing	98.66M	442.96M	186.7M	296.27M	-	-	-	-
Well Servicing Growth	-	348.98%	-57.85%	58.69%	-	-	-	-
Exploration And Production	1.34B	1.44B	1.27B	2.25B	-	-	-	-
Exploration And Production Growth	-	7.63%	-11.94%	76.69%	-	-	-	-
Midstream Services	-	209.39M	241.71M	371.6M	-	-	-	-
Midstream Services Growth	-	-	15.43%	53.74%	-	-	-	-

Frequently Asked Questions

Valuation & Price

Chord Energy Corporation (CHRD) has a price-to-earnings (P/E) ratio of 5.7x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Chord Energy Corporation (CHRD) reported $5.16B in revenue for fiscal year 2024. This represents a 1462% increase from $330.4M in 2011.

Chord Energy Corporation (CHRD) grew revenue by 34.8% over the past year. This is strong growth.

Yes, Chord Energy Corporation (CHRD) is profitable, generating $170.6M in net income for fiscal year 2024 (16.2% net margin).

Dividend & Returns

Yes, Chord Energy Corporation (CHRD) pays a dividend with a yield of 10.93%. This makes it attractive for income-focused investors.

Chord Energy Corporation (CHRD) has a return on equity (ROE) of 12.3%. This is reasonable for most industries.

Chord Energy Corporation (CHRD) generated $864.8M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...