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Chord Energy Corp (CHRD) stock

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NASDAQ: CHRD Nasdaq Oil & Gas Exploration & Production Next results ~November 4, 2026

B Fundamentals grade

Chord Energy Corp is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$130

Valuation models combined (2)

Base case. Range ~$120–$150. Weighted average of 2 models (proved-reserve net asset value, forward price-to-earnings vs peers), the proved-reserve net asset value counting double.

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Chord Energy Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Chord Energy files

Where Chord Energy stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $6.32bn, up 19.2% on a year earlier, faster than -1.0% a quarter earlier. Free-cash-flow margin held at 16.6%. Operating margin widened to 19.0% from 8.9%. The diluted share count is down 3.6% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 5 of our 7 financial-health checks. Our cash-flow model value is $801 a share, against a share price of $152.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Chord Energy Corp's trailing-twelve-month revenue grew 19.2% year on year, with a free-cash-flow margin of 16.6%. Where it stands out: change in growth rate of +20.2pp ranks 5 of 57 oil & gas exploration & production companies we cover. Where it lags: days sales outstanding of 77 days ranks 40 of 42 oil & gas exploration & production companies we cover.

Our discounted-cash-flow model values the business at ~$670 per share in the base case (~$500–$880 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 21.0% while net income grew 219.1%: a 198pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 19.2% over the last 12 months, against a median of 10.6% for oil & gas exploration & production companies we cover.
  • Growth speeding up. The growth rate is 20.2 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 10.0 points on a year ago.
  • Shrinking share count. Diluted shares fell 3.6% in a year, so each share owns more of the business.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 35.9% over 90 days.

Things to watch

  • Gross margin slipping. Gross margin is down 8.6 points on a year ago.
  • Below peers: days sales outstanding. Days sales outstanding of 77 days ranks 40 of 42 oil & gas exploration & production companies we cover (median 41 days).
  • Short interest rising. Shares sold short rose 18% in a month to 9.7% of tradable shares.
  • Earnings expected to fall. The consensus expects earnings per share to fall 13% next year.

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$6.44 against an average estimate of $6.52: missed by 1.2%
Revenue
$2.17bn, up 84.0% on a year earlier
Share reaction
-1.5% in the first session after the results on October 19, 2026, against +0.8% for the S&P 500
Next report
November 4, 2026; average EPS estimate $5.75

Chord Energy's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-6.1%
  • 1 week-5.6%
  • 1 month+7.6%
  • This year+63.5%
  • 1 year+69.5%
  • 5 years+86.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$6.3B
Operating margin
19.0%
Net margin
13.4%
EPS (TTM, diluted)
$14.93

Growth

Revenue growth
+19.2%
Change in growth rate
+20.2 pts
Share count change
−3.6%

Cash

Free cash flow (TTM)
$1.1B
FCF margin
16.6%
Stock pay % of revenue
0.5%

Earnings

Last results
October 19, 2026
Next results (est.)
January 18, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Insider trade
  3. Insider trade
  4. Insider trade
  5. Leadership
  6. Results
  7. Insider trade

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Chord Energy Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Our value per share comes from a discounted-cash-flow model of Chord Energy Corp's free cash flow after stock-based pay ( $1.2B, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Chord Energy Corp as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.6 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. ~$120 Primary model, counts double
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$670 ~$500–$880 Left out: far from the other models (more than 3x away from their median)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$150 ~$110–$240 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$950 ~$700–$1300 Left out: out of range vs price (6.43x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$1000 ~$850–$1300 Left out: out of range vs price (7.03x)
Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$130 ~$120–$150 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Chord Energy Corp with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 201620172018201920212022202320242025Now
Share price$920.32$511.22$336.15$198.17$81.30$109.05$143.66$107.78$90.14$147.39
Market value$169.0bn$121.6bn$103.4bn$62.4bn$1.7bn$3.5bn$6.2bn$5.7bn$5.2bn$8.4bn
+ Net debt (− = net cash)$2.3bn$2.1bn$2.7bn$2.7bn$220m−$199m$78m$806m$1.3bn$870m
Enterprise value$171.3bn$123.7bn$106.1bn$65.1bn$1.9bn$3.3bn$6.3bn$6.5bn$6.5bn$9.2bn
Multiples
Price / sales n/m94.0x44.5x32.3x1.1x1.0x1.6x1.1x1.1x1.3x
Price / earnings —n/m——5.3x1.9x6.1x6.7x117.3x9.9x
Price / free cash flow —n/m103.7x69.9x1.8x1.8x3.4x2.7x2.6x—
EV / EBITDA n/m183.3x140.4x93.4x2.0x1.7x3.4x2.9x3.9x3.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

55 /100

Moderate moat

How hard Chord Energy's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 1 / 20

    Net income has been a median 2.4% of total assets over 10 years.

  • Durability 6 / 20

    Operating margin has been a median 19.0%; its worst year was -318.4%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 8 of 9 years, at a median 16.6% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 81.9% over five years; stock-based pay has been a median 1.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, after the close. Analysts expect revenue of $1.8bn and EPS of $5.75 (range $5.01 to $6.37) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $23.08 +142% $7.3bn +49%
Next $20.02 −13% $6.2bn −14%

Next year's EPS estimate has moved +35.9% in 90 days, across 17 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +17.5% on 90 days ago. In the last 30 days, 10 analysts raised Chord Energy Corp's forecast and 2 cut it.

Consensus EPS forecast Chord Energy Corp, last 90 days
$10.00 $15.00 $20.00 $25.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $19.65 Current fiscal year, 60 days ago: $19.17 Current fiscal year, 30 days ago: $20.91 Current fiscal year, 7 days ago: $22.76 Current fiscal year, Now: $23.08 $23.08 Next fiscal year, 90 days ago: $14.73 Next fiscal year, 60 days ago: $13.86 Next fiscal year, 30 days ago: $16.13 Next fiscal year, 7 days ago: $19.81 Next fiscal year, Now: $20.02 $20.02

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $19.65$14.73
60 days ago $19.17$13.86
30 days ago $20.91$16.13
7 days ago $22.76$19.81
Now $23.08$20.02

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $6.52 $6.44 −1.2%
Mar 2026 $3.49 $4.56 +30.8%
Dec 2025 $1.24 $1.28 +3.6%
Sept 2025 $2.29 $2.35 +2.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 19, 2026

No numeric guidance in Chord Energy Corp's latest earnings release (filed October 19, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Chord Energy Corp's revenue by +10.1% next year and +6.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+6.7%, weight 69%) and the company's own record (+17.8%, weight 31%) . How the weights are set.

Analyst recommendations

18 analysts, Oct 2026
Buy1583%
Hold317%
Sell00%

Monthly trend

  1. Oct 2026312318
  2. Sep 2026212317
  3. Aug 2026211215
  4. Jul 2026211215

Counts of recommendations published by analysts covering Chord Energy Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.7%
of tradable shares
Days to cover
5.85
at average volume
Short interest, 1 month
+18%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.6%
of shares
Employees
676
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +69.5%

$86.97 on October 31, 2025 to $147.39

ThenNowEffect
Revenue (last 12 months) $5.3bn $6.3bn +19.2%
Net margin 5.0% 13.4% +167.6%
P/E multiple 19.3x 9.9x −48.8%
Share count 59m 57m +3.7%

Biggest factor: net margin.

Last 3 years +0.6%

$146.57 on November 3, 2023 to $147.39

ThenNowEffect
Revenue (last 12 months) $4.0bn $6.3bn +57.5%
Net margin 44.2% 13.4% −69.6%
P/E multiple 3.5x 9.9x +178.3%
Share count 43m 57m −24.5%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CHRD+261%+34%+32%−25%−16%+64%
Industry peers (median)+86%+55%−8%+2%−15%+17%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CHRD75%58%83%42%50%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CHRD−21%−36%−16%−39%−35%−25%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 100% from December 20, 2016 to November 9, 2020. Getting back needed a 18289% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$81.47 – $158.13
From 52-week high
−6.8%
vs 50-day average
+1.0%
vs 200-day average
+13.3%
Volatility (1 year)
40%
Beta vs S&P 500
-0.78

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±2.8%
After a week
7 up, 5 down
typical move ±3.6%
After a month
5 up, 6 down
typical move ±8.3%
Results releasedNext dayS&P 500 next day5 days21 days
October 19, 2026 −1.5% +0.8% +1.0% —
August 5, 2026 −3.2% −0.4% +0.5% +9.1%
May 5, 2026 −5.6% +2.2% −4.9% −5.3%
February 25, 2026 +0.4% +0.3% +8.7% +38.6%
November 4, 2025 −6.5% −0.8% +0.1% +7.9%
August 6, 2025 −6.5% +0.7% −4.8% −1.6%
May 6, 2025 −0.2% −0.4% +10.2% +3.3%
February 25, 2025 +1.8% −0.4% −6.5% +3.4%
November 6, 2024 +4.9% +3.3% +1.9% −6.4%
August 7, 2024 −1.3% +1.6% −0.1% −10.7%
June 6, 2024 −0.7% −0.1% −2.5% −1.2%
May 7, 2024 +1.1% +0.1% +2.3% −4.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Chord Energy Corp in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Chord Energy Corp
$3B $4B $5B $6B $7B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $3.9B Revenue (TTM), FY23 Q4: $3.9B Revenue (TTM), FY24 Q1: $4.1B Revenue (TTM), FY24 Q2: $4.4B Revenue (TTM), FY24 Q3: $4.8B Revenue (TTM), FY24 Q4: $5.3B Revenue (TTM), FY25 Q1: $5.4B Revenue (TTM), FY25 Q2: $5.3B Revenue (TTM), FY25 Q3: $5.2B Revenue (TTM), FY25 Q4: $4.9B Revenue (TTM), FY26 Q1: $5.3B Revenue (TTM), FY26 Q2: $6.3B $6.3B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $3.9B
FY23 Q4 $3.9B
FY24 Q1 $4.1B
FY24 Q2 $4.4B
FY24 Q3 $4.8B
FY24 Q4 $5.3B
FY25 Q1 $5.4B
FY25 Q2 $5.3B
FY25 Q3 $5.2B
FY25 Q4 $4.9B
FY26 Q1 $5.3B
FY26 Q2 $6.3B
Revenue growth, TTM YoY Chord Energy Corp
-20% 0% 20% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 25.2% Revenue growth, TTM YoY, FY23 Q4: 6.9% Revenue growth, TTM YoY, FY24 Q1: 5.0% Revenue growth, TTM YoY, FY24 Q2: 10.5% Revenue growth, TTM YoY, FY24 Q3: 20.6% Revenue growth, TTM YoY, FY24 Q4: 34.8% Revenue growth, TTM YoY, FY25 Q1: 31.7% Revenue growth, TTM YoY, FY25 Q2: 19.5% Revenue growth, TTM YoY, FY25 Q3: 8.4% Revenue growth, TTM YoY, FY25 Q4: -7.1% Revenue growth, TTM YoY, FY26 Q1: -1.0% Revenue growth, TTM YoY, FY26 Q2: 19.2% 19.2%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 25.2%
FY23 Q4 6.9%
FY24 Q1 5.0%
FY24 Q2 10.5%
FY24 Q3 20.6%
FY24 Q4 34.8%
FY25 Q1 31.7%
FY25 Q2 19.5%
FY25 Q3 8.4%
FY25 Q4 -7.1%
FY26 Q1 -1.0%
FY26 Q2 19.2%
Operating margin (TTM) Chord Energy Corp
0% 10% 20% 30% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 34.3% Operating margin (TTM), FY23 Q4: 32.7% Operating margin (TTM), FY24 Q1: 29.9% Operating margin (TTM), FY24 Q2: 28.4% Operating margin (TTM), FY24 Q3: 24.7% Operating margin (TTM), FY24 Q4: 20.9% Operating margin (TTM), FY25 Q1: 21.7% Operating margin (TTM), FY25 Q2: 8.9% Operating margin (TTM), FY25 Q3: 7.2% Operating margin (TTM), FY25 Q4: 4.0% Operating margin (TTM), FY26 Q1: 3.6% Operating margin (TTM), FY26 Q2: 19.0% 19.0%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 34.3%
FY23 Q4 32.7%
FY24 Q1 29.9%
FY24 Q2 28.4%
FY24 Q3 24.7%
FY24 Q4 20.9%
FY25 Q1 21.7%
FY25 Q2 8.9%
FY25 Q3 7.2%
FY25 Q4 4.0%
FY26 Q1 3.6%
FY26 Q2 19.0%
FCF margin (TTM) Chord Energy Corp
0% 10% 20% 30% 40% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 29.9% FCF margin (TTM), FY23 Q4: 31.3% FCF margin (TTM), FY24 Q1: 27.5% FCF margin (TTM), FY24 Q2: 24.5% FCF margin (TTM), FY24 Q3: 24.1% FCF margin (TTM), FY24 Q4: 18.8% FCF margin (TTM), FY25 Q1: 19.7% FCF margin (TTM), FY25 Q2: 16.4% FCF margin (TTM), FY25 Q3: 14.5% FCF margin (TTM), FY25 Q4: 11.7% FCF margin (TTM), FY26 Q1: 7.3% FCF margin (TTM), FY26 Q2: 16.6% 16.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 29.9%
FY23 Q4 31.3%
FY24 Q1 27.5%
FY24 Q2 24.5%
FY24 Q3 24.1%
FY24 Q4 18.8%
FY25 Q1 19.7%
FY25 Q2 16.4%
FY25 Q3 14.5%
FY25 Q4 11.7%
FY26 Q1 7.3%
FY26 Q2 16.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Chord Energy took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $4.9B
  2. Cost of revenue $975M · 20.0%
  3. Gross profit $3.9B · 80.0%
  4. Selling, general and admin $126M · 2.6%
  5. Other operating costs $3.6B · 73.4%
  6. Operating income $197M · 4.0%
  7. Interest and other $153M · 3.1%
  8. Net income $44.5M · 0.9%

Shares of revenue. Source: Chord Energy's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 705 1,294 2,322 1,931 1,580 3,647 3,897 5,251 4,877 6,320
Gross profit — — — — — — 3,135 3,839 3,902 4,506
EBITDA 345 675 755 697 968 1,953 1,872 2,208 1,668 2,735
Operating income −131 144 119 −90 809 1,584 1,273 1,100 197 1,199
Net income −243 124 −35 −128 320 1,856 1,024 849 44 848
Diluted EPS −$1.32 $0.52 −$0.11 −$0.41 $15.48 $57.55 $23.51 $16.02 $0.74 $14.93
Growth (year on year)
Revenue — +83.6% +79.5% −16.8% −18.2% +130.8% +6.9% +34.8% −7.1% +19.2%
EBITDA — +95.3% +11.9% −7.7% +38.8% +101.9% −4.2% +18.0% −24.5% +43.2%
Operating income — — −17.3% −175.8% — +95.7% −19.6% −13.6% −82.1% +153.5%
Net income — — −128.5% — — +480.8% −44.8% −17.1% −94.8% +219.1%
Diluted EPS — — −121.2% — — +271.8% −59.1% −31.9% −95.4% +231.0%
Margins
Gross margin — — — — — — 80.5% 73.1% 80.0% 71.3%
EBITDA margin 49.0% 52.2% 32.5% 36.1% 61.3% 53.6% 48.0% 42.0% 34.2% 43.3%
Operating margin −18.6% 11.1% 5.1% −4.7% 51.2% 43.4% 32.7% 20.9% 4.0% 19.0%
Net margin −34.5% 9.6% −1.5% −6.6% 20.2% 50.9% 26.3% 16.2% 0.9% 13.4%
Free-cash-flow margin −78.5% 34.5% 42.9% 46.2% 57.9% 52.8% 46.7% 39.9% 41.8% —
Cash flow
Cash from operations 228 508 996 893 914 1,924 1,820 2,097 2,041 2,588
Capital spending 782 62 0 0 0 0 0 0 0 —
Free cash flow −554 446 996 893 914 1,924 1,820 2,097 2,041 —
Stock-based pay 24 27 29 34 15 61 46 23 26 30
Free cash flow after stock pay −578 419 967 859 899 1,863 1,774 2,074 2,015 —
Balance sheet
Cash 11 17 22 20 172 593 318 37 190 612
Total debt 2,297 2,098 2,735 2,712 393 394 396 843 1,480 1,481
Net debt (negative = net cash) 2,286 2,081 2,713 2,692 220 −199 78 806 1,290 870
Diluted shares 184m 238m 307m 315m 21m 32m 43m 53m 58m 57m
Returned to shareholders
Dividends — — — 0 112 655 500 530 318 297
Buybacks — — — — 100 152 239 444 365 309
Total returned — — — 0 212 807 740 974 683 605

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · June 30, 2026
What it owns · $13.7bn
Short-term assets $2.2bnLonger-term assets $11.6bn
What it owes, and who funded it · $13.7bn
Short-term liabilities $1.8bnLonger-term liabilities $3.6bnShareholders' equity $8.4bn
  • Short-term assets cover short-term liabilities $2.2bn of assets due within a year against $1.8bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.2bn short-term assets against $3.6bn of longer-dated liabilities.
  • More cash than debt $612m of cash against $1.5bn of debt.
  • Debt below 40% of shareholders' equity Debt is 18% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 38% to 18% over five years.
  • A year's operating cash flow covers at least 20% of debt $2.6bn of operating cash flow against $1.5bn of debt.
  • Operating profit covers interest at least five times over Operating income of $1.2bn against $99m of interest.

From Chord Energy Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$309M
Dividends (TTM)
$297M
Returned to shareholders
58%
of free cash flow
Buybacks, last 3 fiscal years
$1B
Diluted share count
−3.6%
year over year
Total shareholder yield
7.4%
dividends 3.6% + buybacks 3.8% of market value
Dividend payout ratio
35%
of net income paid out
Days sales outstanding
77 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas exploration & production
Last 12 months unless stated CHRD AR PR SM CRGY EQT Median
Revenue, last 12 months $6.3bn $6.5bn $5.7bn $5.5bn $4.8bn $9.3bn $1.4bn
Revenue growth, last 12 months 19.2% 28.7% 12.8% 75.4% 33.5% 18.6% 10.6%
Revenue growth, 3-year average 16.3% 5.2% 31.0% 27.8% 25.8% 49.1% 1.4%
Revenue growth, latest quarter 84.0% 28.7% 55.1% 215.3% 55.9% −9.6% 31.5%
Gross margin 71.3% — — 66.6% — 83.5% 75.2%
Operating margin 19.0% 27.6% 35.8% 29.6% 27.8% 41.8% 21.1%
Operating margin, 3-year average 18.8% 13.8% 34.7% 35.7% 14.3% 30.3% 16.5%
Net margin 13.4% 21.2% 21.5% 18.2% 1.3% 28.4% 10.1%
Cash from operations / revenue 40.9% 34.6% 69.6% 49.1% 43.7% 67.5% 42.4%
Free-cash-flow margin 16.6% 29.5% 52.9% 49.1% 38.8% 40.7% 19.3%
Free-cash-flow margin, 3-year average 19.2% 24.4% 52.2% 37.7% 25.0% 27.0% 19.1%
Stock pay / revenue 0.5% 0.8% 1.2% 0.9% 3.5% 0.9% 1.5%
Change in share count −3.6% −1.4% 4.4% 44.9% — 3.0% 0.4%

Median of all 57 companies we cover in oil & gas exploration & production. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 oil & gas exploration & production companies
Measure Company Peer median Rank
Revenue growth Growth 19.2% 10.6% 20 of 57
Change in growth rate Growth +20.2pp +4.9pp 5 of 57
Gross margin Profitability 71.3% 83.5% 9 of 12
Operating margin Profitability 19.0% 19.9% 22 of 42
Net margin Profitability 13.4% 10.1% 26 of 57
Free-cash-flow margin Cash generation 16.6% 23.2% 31 of 51
Stock pay as % of revenue Cash generation 0.5% 1.2% 5 of 47
Long-term debt as % of assets Balance sheet 10.8% 17.6% 9 of 43
Change in share count Balance sheet -3.6% 0.4% 7 of 48
Days sales outstanding Balance sheet 77 days 41 days 40 of 42

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Oil and Gas $3.9B 79.9% ▲ 1.6%
Oil Production $3.5B 91.0% ▼ 0.7%
Natural Gas and Natural Gas Liquid Services $350M 9.0% ▲ 32.3%
Oil and Gas Purchased $980M 20.1% ▼ 30.7%
Purchased Oil Sales $953M 97.2% ▼ 30.8%
Purchased Gas Sales $27.2M 2.8% ▼ 28.5%

From Chord Energy Corp's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$6.1B
Institutions reporting
514
Shares held vs prior quarter
▼ 3.8%
Positions opened / closed
79 / 60

Top buyers and sellers, Q2 2026: 274 institutions bought and 218 sold ; the biggest buyer was Invesco Ltd (+553K shares) and the biggest seller Massachusetts Financial Services Co (−810K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $807M 7.1M 13.2% ▲ 1.7%
FMR LLC $366M 3.2M 6.0% ▼ 17.6%
Wellington Management Group LLP $362M 3.2M 5.9% ▼ 16.3%
Vanguard Portfolio Management LLC $335M 2.9M 5.5% ▲ 0.1%
Invesco Ltd. $322M 2.8M 5.3% ▲ 24.4%
Vanguard Capital Management LLC $290M 2.5M 4.7% ▼ 0.6%
State Street Corp $271M 2.4M 4.4% ▼ 1.7%
Dimensional Fund Advisors LP $223M 1.9M 3.6% ▲ 26.0%
American Century Companies Inc $219M 1.9M 3.6% ▲ 14.3%
Victory Capital Management Inc $209M 1.8M 3.4% ▼ 10.7%
Geode Capital Management, LLC $139M 1.2M 2.3% ▲ 1.9%
AQR Capital Management LLC $135M 1.2M 2.2% ▲ 2.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Chord Energy Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $106,875 1 trade by 1 insider, last 12 months Insider sales History → $11.7M 21 trades by 8 insiders · 30% under pre-set plans
Net ▼ $11.6M net selling
Insider Date Trade Shares Price Value
Mckinney Samantha Director September 1, 2026 Sell 6,250 $149.74 $935,875
Mckinney Samantha Director September 1, 2026 Sell 3,500 $150.30 $526,050
Brown Daniel E President and CEO August 21, 2026 Sell pre-set plan 656 $150.12 $98,479
Brown Daniel E President and CEO August 20, 2026 Sell pre-set plan 4,102 $151.66 $622,109
Brown Daniel E President and CEO August 20, 2026 Sell pre-set plan 2,826 $152.34 $430,513
Brown Daniel E President and CEO August 20, 2026 Sell pre-set plan 6,120 $150.65 $921,978
Kinney Shannon Browning EVP, CAO, GC & Corp Secretary August 11, 2026 Sell 4,019 $140.00 $562,660
Mckinney Samantha Director August 10, 2026 Sell 1,100 $137.08 $150,788
Mckinney Samantha Director August 10, 2026 Sell 1,100 $135.56 $149,116
Brooks Douglas E Director August 7, 2026 Sell 8,000 $133.14 $1.1M
Lou Michael H EVP, CSO, and CCO July 23, 2026 Sell pre-set plan 10,000 $140.42 $1.4M
Henke Darrin J. EVP and COO May 15, 2026 Sell 1,276 $145.97 $186,258

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 13 trades and filings

In the last 12 months, 2 members of Congress disclosed 0 purchases and 2 sales of Chord Energy Corp shares.

  • Michael Guest(R-MS 3):Sale (full), $1,001 - $15,000, traded January 9, 2026, filed February 17, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (full), $1,001 - $15,000, traded January 9, 2026, filed February 13, 2026
  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 31, 2025, filed November 21, 2025

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 18, 2027 estimated from the company's past filing pattern, not announced

  • October 19, 2026
  • August 5, 2026
  • May 5, 2026
  • February 25, 2026
  • November 4, 2025
  • August 6, 2025

Recent SEC filings

Data status

When each part of this page on Chord Energy Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Chord Energy Corp in brief

What does Chord Energy Corp do?
Chord Energy Corp is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
What is Chord Energy Corp's stock ticker?
Chord Energy Corp trades under the ticker CHRD on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Chord Energy Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Chord Energy Corp reported revenue of $6.3B, 19.2% higher than a year earlier, according to its SEC filings.
What is Chord Energy Corp's free cash flow?
Chord Energy Corp's free-cash-flow margin is 16.6% of revenue over the trailing twelve months, ranking 31 of the 51 oil & gas exploration & production companies we cover.
Who are Chord Energy Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Wellington Management Group LLP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Chord Energy Corp buying back stock, and does it pay a dividend?
Chord Energy Corp spent $309M on share repurchases over the trailing twelve months, and its diluted share count fell 3.6% over the year.
What is Chord Energy Corp's market cap?
On November 2, 2026, Chord Energy Corp's market capitalisation was about $8.4B, with a price-to-earnings ratio of 9.9 and net debt of $870M. Market figures come from third-party market data and may be delayed.
Does Chord Energy Corp pay a dividend?
Yes: Chord Energy Corp paid $297M in dividends over the trailing twelve months, a dividend yield of 3.65% and a payout ratio of 35.0%.
How much debt does Chord Energy Corp have?
Chord Energy Corp's debt-to-equity ratio is 17.7%, from its latest balance sheet (38.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are Chord Energy Corp's competitors?
In our Oil & Gas Exploration & Production peer group, the companies closest to Chord Energy Corp are Antero Resources Corp, Permian Resources Corp, SM Energy Co, Crescent Energy Co and EQT Corporation. The side-by-side comparison below sets their revenue, margins and growth against Chord Energy Corp's.
Are insiders buying or selling Chord Energy Corp stock?
Over the last 12 months, Chord Energy Corp's directors and officers reported 1 open-market purchases and 21 sales on Form 4. The insider trading page charts every trade.
When is Chord Energy Corp's next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Chord Energy Corp announces its own schedule.