Chord Energy Corp CHRD
Chord Energy Corporation, a Delaware Corporation (together with our consolidated subsidiaries, the "Company," "Chord," "we," "us," or "our"), is an independent exploration and production ("E&P") company engaged in the acquisition, exploration, development and production of crude oil, NGL and natural gas primarily in the Williston Basin with limited non-operated interests in the Marcellus Shale. Our mission is to responsibly produce hydrocarbons while exercising capital discipline, operating efficiently, improving continuously and providing a fun and rewarding environment for our employees. We are ideally positioned to generate strong free cash flow and enhance return of capital, while being responsible stewards of the communities and environment where we operate.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.88B | $5.25B | $3.90B | $3.65B | $1.58B | — | $1.93B | $2.32B | $1.29B | $704.7M |
| Cost of revenue | $975.1M | $1.41B | $761.3M | — | — | — | — | — | — | — |
| Gross profit | $3.90B | $3.84B | $3.14B | — | — | — | — | — | — | — |
| SG&A | $126.3M | $205.6M | $126.3M | $209.3M | $80.7M | — | $128.6M | $121.3M | $91.8M | $89.3M |
| Total operating expenses | $4.69B | $4.17B | $2.62B | $2.07B | $993.3M | — | $2.02B | $2.23B | $1.15B | $834.2M |
| Operating income | $197.4M | $1.10B | $1.27B | $1.58B | $809.4M | — | -$90.2M | $119.0M | $144.0M | -$130.8M |
| Interest expense | $80.2M | $56.5M | $28.6M | $29.3M | $30.8M | — | $159.3M | $159.1M | $146.8M | $140.3M |
| Pre-tax income | $243.5M | $1.11B | $1.34B | $1.90B | $188.0M | — | -$350.9M | -$25.3M | -$75.9M | -$371.6M |
| Income tax | $199.0M | $263.8M | $315.2M | $46.9M | $973.0K | — | $32.7M | $5.8M | $203.3M | $128.5M |
| Net income | $44.5M | $848.6M | $1.02B | $1.86B | $319.6M | — | -$128.2M | -$35.3M | $123.8M | -$243.0M |
| EPS, basic | 0.74 | 16.32 | 24.59 | 60.86 | 16.15 | — | -0.41 | -0.11 | 0.53 | -1.32 |
| EPS, diluted | 0.74 | 16.02 | 23.51 | 57.55 | 15.48 | — | -0.41 | -0.11 | 0.52 | -1.32 |
| Shares, diluted (wtd. avg.) | 57.9M | 52.7M | 43.4M | 32.3M | 20.6M | — | 315.0M | 307.5M | 237.9M | 183.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $189.5M | $37.0M | $318.0M | $593.2M | $174.8M | $20.2M | $20.0M | $22.2M | $16.7M | $11.2M |
| Receivables | $1.12B | $1.30B | $943.1M | $781.7M | $377.2M | $234.4M | $371.2M | $387.6M | $371.4M | $204.3M |
| Inventory | $115.7M | $94.3M | $72.6M | $54.4M | $29.0M | $22.0M | $35.3M | $33.1M | $19.4M | $10.6M |
| Total current assets | $1.54B | $1.58B | $1.42B | $1.48B | $1.62B | $339.1M | $437.4M | $554.2M | $415.6M | $238.5M |
| Property, plant and equipment | $11.34B | $10.69B | $5.31B | $4.71B | $1.32B | $840.2M | $6.98B | $7.03B | $6.17B | $5.92B |
| Goodwill | $0 | $530.6M | $0 | — | — | $0 | $0 | — | — | — |
| Other intangibles | — | — | — | — | — | $667.0K | $0 | $125.0K | $0 | — |
| Total assets | $13.07B | $13.03B | $6.93B | $6.63B | $3.03B | $2.24B | $7.50B | $7.63B | $6.62B | $6.18B |
| Accounts payable | $41.8M | $68.8M | $34.5M | $29.1M | $2.1M | $21.5M | $17.9M | $20.2M | $13.4M | $4.6M |
| Short-term debt | — | — | — | — | — | $0 | — | — | — | — |
| Total current liabilities | $1.45B | $1.68B | $1.17B | $1.36B | $1.23B | $305.6M | $602.9M | $611.8M | $631.3M | $381.1M |
| Long-term debt | $1.48B | $842.6M | $395.9M | $394.2M | $392.5M | $340.0M | $2.71B | $2.74B | $2.10B | $2.30B |
| Total liabilities | $4.99B | $4.33B | $1.85B | $1.95B | $1.81B | $1.18B | $3.66B | $3.71B | $3.11B | $3.26B |
| Retained earnings | $2.04B | $2.30B | $1.96B | $1.45B | $269.7M | $0 | $554.4M | $682.7M | $718.0M | $591.5M |
| Total equity | $8.08B | $8.70B | $5.08B | $4.68B | $1.22B | $1.01B | $3.84B | $3.92B | $3.51B | $2.92B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.04B | $2.10B | $1.82B | $1.92B | $914.1M | — | $892.9M | $996.4M | $507.9M | $228.0M |
| Depreciation and amortisation | $1.47B | $1.11B | $598.6M | $369.7M | $158.3M | — | $787.2M | $636.3M | $530.8M | $476.3M |
| Stock-based compensation | $25.7M | $23.0M | $46.1M | $61.3M | $15.5M | — | $33.6M | $29.3M | $26.5M | $24.1M |
| Investing cash flow | -$1.81B | -$1.75B | -$1.43B | -$682.6M | -$920.8M | — | -$828.8M | -$1.61B | -$714.8M | -$1.07B |
| Financing cash flow | -$82.1M | -$624.5M | -$664.7M | -$823.1M | $161.2M | — | -$66.3M | $622.6M | $212.4M | $844.3M |
| Dividends paid | $317.8M | $529.9M | $500.3M | $654.7M | $111.9M | — | $0 | — | — | — |
| Buybacks | $364.9M | $444.2M | $239.3M | $151.9M | $100.0M | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001486159-26-000005.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $704.7M | $1.29B | $2.32B | $1.93B | — | $1.58B | $3.65B | $3.90B | $5.25B | $4.88B |
| Gross profit | — | — | — | — | — | — | — | $3.14B | $3.84B | $3.90B |
| Net income | -$243.0M | $123.8M | -$35.3M | -$128.2M | — | $319.6M | $1.86B | $1.02B | $848.6M | $44.5M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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