Chord Energy Corp (CHRD)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,143,441 | 1,224,359 | 1,304,203 | 1,229,632 | 1,275,960 | 1,353,459 | 1,538,031 | 1,480,381 | 1,446,179 | 1,256,647 | 922,928 | 1,105,134 | 964,099 | 692,243 | 527,177 | 140,380 | -4,872,985 | -5,055,862 | -5,085,945 | -5,003,149 |
| 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 |
| Operating profit margin | 21.78% | 25.72% | 29.41% | 30.10% | 32.75% | 34.29% | 38.33% | 38.05% | 39.66% | 39.86% | 39.01% | 56.11% | 57.66% | 49.14% | 41.26% | 13.36% | -449.81% | -432.82% | -368.60% | -287.06% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,143,441K ÷ $5,251,080K
= 21.78%
Chord Energy Corp's operating profit margin underwent significant fluctuations over the reporting period. The company started with negative margins, reaching as low as -449.81% by the end of December 2020, indicating operating losses exceeding revenues. However, there was a notable turnaround in the performance, with the operating profit margin steadily improving from March 2021 onwards.
The positive trend continued through June 2022 when the margin peaked at 41.26%, suggesting improved operational efficiency and profitability. Subsequently, there was a slight decline in the margins over the next few quarters, stabilizing around the 30-40% range.
The most recent data for December 2024 shows the operating profit margin at 21.78%, reflecting a gradual decrease from the peak levels observed earlier. Overall, the trend indicates that Chord Energy Corp has successfully turned around its operating performance, achieving healthy profit margins after a period of losses, and maintaining a satisfactory level of profitability in the most recent period.
Peer comparison
Dec 31, 2024