Chord Energy Corp (CHRD)

Fixed asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	5,251,080	4,761,095	4,433,995	4,085,386	3,896,643	3,947,558	4,013,028	3,890,337	3,646,789	3,152,766	2,365,965	1,969,645	1,672,135	1,408,683	1,277,703	1,050,995	1,083,334	1,168,126	1,379,810	1,742,863
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	—	4,800,510	4,737,020	4,683,020	1,348,220	1,349,580	1,337,340	1,587,960	—	—	—	—	—	—
Fixed asset turnover		—	—	—	—	—	—	—	0.81	0.77	0.67	1.75	1.46	1.25	0.89	—	—	—	—	—	—

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,251,080K ÷ $—K
= —

The fixed asset turnover ratio for Chord Energy Corp has shown fluctuating trends over the past few periods.

The ratio was not available for analysis until September 30, 2021, when it was recorded at 0.89. Subsequently, the ratio improved significantly, reaching 1.25 by December 31, 2021, indicating that the company generated $1.25 in revenue for every dollar invested in fixed assets.

The trend continued to improve in the following periods, with ratios of 1.46, 1.75, and 0.67 reported for March 31, 2022, June 30, 2022, and September 30, 2022, respectively. However, the ratio dropped to 0.77 by December 31, 2022.

In the most recent periods, Chord Energy Corp experienced relatively stable fixed asset turnover ratios, with values of 0.81 reported for March 31, 2023, and no data available from June 30, 2023, to December 31, 2024.

Overall, the company's fixed asset turnover has shown some volatility with occasional spikes and drops, suggesting fluctuations in how efficiently Chord Energy is utilizing its fixed assets to generate revenue.