Chord Energy Corp (CHRD)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	1,305,580	1,437,600	1,790,420	670,089	240,048
Revenue	US$ in thousands	5,251,080	3,896,640	3,646,790	1,579,930	1,083,330
Gross profit margin		24.86%	36.89%	49.10%	42.41%	22.16%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,305,580K ÷ $5,251,080K
= 24.86%

Chord Energy Corp's gross profit margin has shown significant fluctuation over the past five years. The trend indicates a sharp increase from 22.16% on December 31, 2020, to 49.10% on December 31, 2022, reflecting improved efficiency in production and cost management. However, there was a decrease to 36.89% by December 31, 2023, which suggests potential challenges in maintaining the high margins achieved in the previous year. The margin further declined to 24.86% by December 31, 2024, indicating a possible increase in production costs or pricing pressures. Overall, Chord Energy Corp's gross profit margin has shown both positive and negative fluctuations, highlighting the need for ongoing monitoring and strategic adjustments to ensure sustainable profitability.