Chord Energy Corp (CHRD)

Net profit margin

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Net income (ttm)	US$ in thousands	1,023,779	1,099,712	1,772,387	1,687,155	1,856,159	1,696,473	886,672	829,197	319,602	46,023	-118,870	-4,503,094	-4,535,908	-4,459,921	-4,324,221	-128,243	170,140	212,193	-150,768	-35,296
Revenue (ttm)	US$ in thousands	3,862,929	3,922,232	3,986,992	3,864,580	4,140,141	3,571,117	2,780,208	2,624,106	1,804,786	1,597,593	1,329,219	1,090,044	1,227,058	1,430,029	1,795,055	1,936,243	2,052,134	2,157,750	2,173,144	2,066,018
Net profit margin		26.50%	28.04%	44.45%	43.66%	44.83%	47.51%	31.89%	31.60%	17.71%	2.88%	-8.94%	-413.11%	-369.66%	-311.88%	-240.90%	-6.62%	8.29%	9.83%	-6.94%	-1.71%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,023,779K ÷ $3,862,929K
= 26.50%

The net profit margin of Chord Energy Corp has shown some fluctuations over the past eight quarters. The net profit margin was relatively high in Q4 2022 at 50.90% and Q3 2022 at 55.43% but decreased in subsequent quarters. In Q2 2023 and Q1 2023, the net profit margin significantly increased to 44.15% and 43.35%, respectively. However, in the latest quarter, Q4 2023, the net profit margin decreased to 26.19%.

Overall, Chord Energy Corp's net profit margin has shown variability over the quarters, with some quarters performing better than others. It is important for the company to analyze the factors contributing to these fluctuations and consider strategies to maintain or improve its profitability in the future.