Chord Energy Corp income statement
In fiscal 2025, Chord Energy Corp reported revenue of $4.88bn, down 7.1% on the year before, operating income of $197m (a 4.0% margin) and net income of $44.5m, or $0.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 705 | 1,294 | 2,322 | 1,931 | 1,580 | 3,647 | 3,897 | 5,251 | 4,877 | 6,320 |
| Cost of revenue | — | — | — | — | — | — | 761 | 1,412 | 975 | 1,814 |
| Gross profit | — | — | — | — | — | — | 3,135 | 3,839 | 3,902 | 4,506 |
| General and administrative | 89 | 92 | 121 | 129 | 81 | 209 | 126 | 206 | 126 | 123 |
| Operating income | −131 | 144 | 119 | −90 | 809 | 1,584 | 1,273 | 1,100 | 197 | 1,199 |
| Interest expense | 140 | 147 | 159 | 159 | 31 | 29 | 29 | 57 | 80 | 99 |
| Income before tax | −372 | −76 | −25 | −351 | 188 | — | — | — | 243 | — |
| Income tax | −129 | −203 | −6 | −33 | −1 | −47 | 315 | 264 | 199 | 219 |
| 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 |
| Diluted shares (average) | 184m | 238m | 307m | 315m | 21m | 32m | 43m | 53m | 58m | 57m |
| EBITDA | 345 | 675 | 755 | 697 | 968 | 1,953 | 1,872 | 2,208 | 1,668 | 2,735 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,450 | 1,455 | 1,215 | 1,181 | 1,312 | 1,169 | 1,666 | 2,173 |
| Cost of revenue | 330 | 391 | 111 | 232 | 341 | 291 | 510 | 672 |
| Gross profit | 1,121 | 1,064 | 1,104 | 949 | 971 | 878 | 1,156 | 1,501 |
| General and administrative | 52 | 46 | 38 | 33 | 22 | 34 | 38 | 30 |
| Operating income | 273 | 265 | 338 | −403 | 171 | 92 | 333 | 603 |
| Interest expense | 19 | 18 | 16 | 19 | 19 | 27 | 27 | 27 |
| Income tax | 80 | 49 | 73 | 54 | 40 | 31 | −14 | 162 |
| Net income | 225 | 211 | 220 | −390 | 130 | 84 | 109 | 525 |
| Diluted EPS | $3.59 | $3.68 | $3.66 | −$6.77 | $2.26 | $1.46 | $1.90 | $9.28 |
| EBITDA | 633 | 616 | 688 | −26 | 546 | 460 | 717 | 1,012 |
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