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.
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