Chord Energy Corp (CHRD)
Net profit margin
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 | ||
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Net income (ttm) | US$ in thousands | 848,627 | 939,663 | 923,423 | 926,133 | 1,023,779 | 1,099,712 | 1,772,274 | 1,687,042 | 1,370,492 | 1,210,806 | 401,118 | 343,643 | 319,602 | 870,985 | 743,336 | 577,029 | -3,690,239 | -4,535,908 | -4,459,921 | -4,324,221 |
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 |
Net profit margin | 16.16% | 19.74% | 20.83% | 22.67% | 26.27% | 27.86% | 44.16% | 43.36% | 37.58% | 38.40% | 16.95% | 17.45% | 19.11% | 61.83% | 58.18% | 54.90% | -340.64% | -388.31% | -323.23% | -248.11% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $848,627K ÷ $5,251,080K
= 16.16%
Chord Energy Corp's net profit margin has shown significant fluctuations over the past few years. The company experienced negative net profit margins in the range of -248.11% to -388.31% in the first three quarters of 2020. This indicates that the company was incurring substantial losses during this period.
However, the trend reversed in the first quarter of 2021, with the net profit margin turning positive at 54.90%. Subsequently, the net profit margin improved further, reaching a peak of 61.83% in the third quarter of 2021. This indicates that the company was able to generate significant profits relative to its revenue during this period.
Following this peak, the net profit margin showed some fluctuation but generally remained at healthy levels, ranging from 16.16% to 44.16% up to the fourth quarter of 2024. Overall, the positive net profit margins in the later periods suggest that Chord Energy Corp was able to control its costs and expenses effectively and generate profits from its operations.
It is worth noting that the company should continue to monitor and manage its expenses to sustain and potentially improve its net profit margins in the future.
Peer comparison
Dec 31, 2024