CHRD Q1 2024 Earnings — Chord Energy Corporation Revenue & Financial Results | Market Cap Arena

CHRDChord Energy Corporation

$7B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.1B+21.1% YoY

Gross Profit

$304M28.0% margin

Operating Income

$273M25.1% margin

Net Income

$199M18.4% margin

EPS (Diluted)

$4.65

QoQ Revenue Growth

+12.5%

Cash Flow

Operating Cash Flow

$407M

Free Cash Flow

$185M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$2.0B

Stockholders' Equity

$5.1B

Cash & Equivalents

$296M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$897M	+21.1%
Gross Profit	$304M	$382M	-20.6%
Operating Income	$273M	$326M	-16.3%
Net Income	$199M	$297M	-32.9%

Revenue Segments

Oil Production

$679M67%

Purchased Oil Sales

$327M32%

Purchased Gas Sales

$10M1%