CHRD

MKT CAP:$8B

Chord Energy Corporation

Market Cap

$8B

Energy·Oil & Gas Exploration & Production·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Exploration & Production·🇺🇸·NASDAQ

Stock Price

$135.31+$40.63 (+42.91%)

Apr 24, 2026

Company Details

Chord 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 200...

CEO

Daniel E. Brown

IPO Date

Nov 20, 2020

Website

www.chordenergy.com

Key Metrics TTM

Revenue

$4.9B

-7.1% YoY

Net Income

$44M

EPS (Diluted)

$0.64

Free Cash Flow

$713M

Revenue / Share

$85.81

Gross Margin

17.7%

Operating Margin

4.0%

Net Margin

0.9%

FCF Margin

14.6%

P/S

1.6x

P/E

173.1x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

Q4 2025

Feb 26, 2026

$1.2B-19.6%EPS $1.49

Q3 2025

Nov 6, 2025

$1.3B-9.5%EPS $2.26

Q2 2025

Aug 7, 2025

$1.2B-6.4%EPS -$6.77

Q1 2025

May 8, 2025

$1.2B+12.0%EPS $3.66

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$653M	$315M	$292M
Q2 22	$789M	$356M	$331M
Q3 22	$1.2B	$640M	$537M
Q4 22	$1.0B	$480M	$424M
Q1 23	$897M	$382M	$326M
Q2 23	$912M	$298M	$251M
Q3 23	$1.1B	$380M	$353M
Q4 23	$965M	$377M	$343M
Q1 24	$1.1B	$304M	$273M
Q2 24	$1.3B	$357M	$289M
Q3 24	$1.5B	$335M	$273M
Q4 24	$1.5B	$310M	$265M
Q1 25	$1.2B	$373M	$338M
Q2 25	$1.2B	$172M	-$403M
Q3 25	$1.3B	$195M	$171M
Q4 25	$1.2B	$121M	$89M

Valuation

Quarter	P/S	P/E
Q1 22	1.8x	7.6x
Q2 22	1.6x	6.4x
Q3 22	2.6x	5.3x
Q4 22	1.9x	3.7x
Q1 23	1.9x	4.4x
Q2 23	2.0x	4.6x
Q3 23	2.1x	7.6x
Q4 23	2.2x	8.3x
Q1 24	2.7x	11.9x
Q2 24	3.0x	14.4x
Q3 24	2.1x	10.7x
Q4 24	1.7x	10.4x
Q1 25	1.6x	10.0x
Q2 25	1.1x	21.7x
Q3 25	1.1x	34.3x
Q4 25	1.1x	117.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$266M	$217M
Q2 22	$396M	$331M
Q3 22	$784M	$595M
Q4 22	$478M	$250M
Q1 23	$469M	$296M
Q2 23	$408M	$173M
Q3 23	$399M	$165M
Q4 23	$543M	$280M
Q1 24	$407M	$185M
Q2 24	$461M	$144M
Q3 24	$663M	$325M
Q4 24	$566M	$265M
Q1 25	$657M	$348M
Q2 25	$420M	$24M
Q3 25	$568M	$228M
Q4 25	$417M	$113M

Capital Expenditures

Quarter	CapEx
Q1 22	$49M
Q2 22	$65M
Q3 22	$189M
Q4 22	$228M
Q1 23	$172M
Q2 23	$235M
Q3 23	$235M
Q4 23	$263M
Q1 24	$222M
Q2 24	$317M
Q3 24	$339M
Q4 24	$302M
Q1 25	$309M
Q2 25	$395M
Q3 25	$340M
Q4 25	$303M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+13.4%	-31.3%
Q2 22	+49.1%	+0.2%
Q3 22	+146.3%	+37.4%
Q4 22	+274.7%	+154.5%
Q1 23	+37.3%	+58.0%
Q2 23	+15.5%	+44.1%
Q3 23	-5.5%	+18.3%
Q4 23	-5.0%	+5.0%
Q1 24	+21.1%	+42.4%
Q2 24	+38.2%	+47.0%
Q3 24	+29.1%	+52.8%
Q4 24	+50.8%	+91.4%
Q1 25	+12.0%	+8.0%
Q2 25	-6.4%	+63.0%
Q3 25	-9.5%	-3.1%
Q4 25	-19.6%	-9.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$5M	0.7%
Q2 22	$5M	0.6%
Q3 22	$31M	2.6%
Q4 22	$21M	2.1%
Q1 23	$12M	1.3%
Q2 23	$15M	1.7%
Q3 23	$10M	0.9%
Q4 23	$9M	0.9%
Q1 24	$5M	0.4%
Q2 24	$5M	0.4%
Q3 24	$6M	0.4%
Q4 24	$7M	0.5%
Q1 25	$7M	0.6%
Q2 25	$6M	0.5%
Q3 25	$0	0.0%
Q4 25	$6M	0.5%

OpEx Breakdown

Quarter	G&A
Q1 22	$24M
Q2 22	$25M
Q3 22	$102M
Q4 22	$58M
Q1 23	$32M
Q2 23	$42M
Q3 23	$26M
Q4 23	$26M
Q1 24	$26M
Q2 24	$82M
Q3 24	$52M
Q4 24	$46M
Q1 25	$38M
Q2 25	$33M
Q3 25	$22M
Q4 25	$34M

Revenue Segments

Quarter	Natural Gas 1	Oil Production	Purchased Gas Sales	Purchased Oil Sales
Q1 22	$108M	$386M	$37M	$122M
Q2 24	—	$848M	$11M	$347M
Q3 24	—	$1.1B	$9M	$321M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$410M	$0	$410M
Q2 22	$571M	$0	$571M
Q3 22	$659M	$0	$659M
Q4 22	$593M	$0	$593M
Q1 23	$592M	$0	$592M
Q2 23	$215M	$0	$215M
Q3 23	$265M	$0	$265M
Q4 23	$318M	$0	$318M
Q1 24	$296M	$0	$296M
Q2 24	$197M	$0	$197M
Q3 24	$52M	$0	$52M
Q4 24	$37M	$0	$37M
Q1 25	$36M	$0	$36M
Q2 25	$40M	$0	$40M
Q3 25	$629M	$0	$629M
Q4 25	$190M	$0	$190M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	19M	-3.5%	-93.9%
Q2 22	21M	+8.7%	-93.3%
Q3 22	43M	+105.4%	-86.3%
Q4 22	44M	+1.3%	+118.4%
Q1 23	43M	-1.2%	+123.5%
Q2 23	43M	+0.5%	+106.7%
Q3 23	44M	+0.6%	+1.3%
Q4 23	43M	-1.4%	-1.4%
Q1 24	43M	-0.8%	-0.9%
Q2 24	50M	+16.8%	+15.1%
Q3 24	63M	+25.5%	+43.4%
Q4 24	61M	-2.2%	+42.1%
Q1 25	60M	-2.5%	+39.6%
Q2 25	58M	-3.1%	+15.8%
Q3 25	57M	-1.1%	-8.7%
Q4 25	57M	-0.6%	-7.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$3M	255
Q2 22	$3M	255
Q3 22	$5M	255
Q4 22	$2M	531
Q1 23	$2M	531
Q2 23	$2M	531
Q3 23	$2M	531
Q4 23	$2M	514
Q1 24	$2M	514
Q2 24	$2M	514
Q3 24	$3M	514
Q4 24	$2M	762
Q1 25	$2M	762
Q2 25	$2M	762
Q3 25	$2M	762
Q4 25	$2M	676

Revenue / Employee