Chord Energy Corp (CHRD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 80.03% | 80.20% | 79.10% | 81.34% | 85.96% | 85.21% | 89.05% | 90.18% | 88.41% | 92.84% | 89.87% | -355.94% | -303.26% | -246.07% | -175.24% | 93.75% | 94.11% | 95.26% | 77.77% | 71.28% |
| Operating profit margin | 32.96% | 34.51% | 38.58% | 41.87% | 38.25% | 39.04% | 36.24% | 38.18% | 44.85% | 38.42% | 33.99% | -434.46% | -392.10% | -338.55% | -265.09% | 7.98% | 9.75% | 17.18% | 2.60% | 5.76% |
| Pretax margin | 34.66% | 32.72% | 47.38% | 44.87% | 43.70% | 47.38% | 31.78% | 31.63% | 17.65% | 2.56% | -9.53% | -437.53% | -393.00% | -332.76% | -256.70% | -8.31% | 11.25% | 14.60% | -7.42% | -1.99% |
| 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% |
Chord Energy Corp has consistently maintained a strong gross profit margin of 100% across all quarters, indicating efficient cost management and pricing strategies. The operating profit margin has varied slightly, ranging from 32.74% to 43.30%, with fluctuations possibly influenced by changes in operating expenses or revenues. The pretax margin has shown more significant variation, with a wide range from 10.95% to 48.56%, suggesting changes in non-operating income or expenses impacting profitability.
The net profit margin, reflecting bottom-line profitability, has displayed fluctuation between 26.19% and 55.43%. The company achieved high net profit margins in Q4 2022 and Q3 2022, indicating efficient cost control and revenue generation. However, the margins decreased in the subsequent quarters, possibly due to changes in taxes, interest expenses, or other factors affecting net income.
Overall, while Chord Energy Corp has demonstrated strong profitability ratios, fluctuations in margins highlight the importance of monitoring operational efficiency, cost management, and external factors impacting profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.38% | 19.58% | 23.45% | 24.46% | 23.88% | 21.27% | 32.90% | 33.31% | 26.74% | 20.47% | 15.38% | -206.16% | -191.93% | -184.39% | -165.81% | 2.06% | 2.61% | 4.81% | 0.74% | 1.56% |
| Return on assets (ROA) | 14.78% | 15.91% | 27.02% | 25.50% | 27.99% | 25.88% | 28.95% | 27.57% | 10.56% | 1.53% | -4.05% | -196.03% | -180.95% | -169.86% | -150.68% | -1.71% | 2.22% | 2.75% | -1.97% | -0.46% |
| Return on total capital | 24.99% | 24.59% | 36.79% | 34.21% | 36.24% | 35.41% | 57.33% | 47.04% | 24.51% | 5.23% | -1.52% | -298.04% | — | -227.05% | -208.69% | -0.03% | 6.21% | 7.36% | 0.08% | 1.82% |
| Return on equity (ROE) | 20.17% | 22.26% | 36.77% | 35.45% | 39.66% | 37.95% | 74.01% | 57.50% | 30.94% | 5.09% | -14.22% | -520.72% | — | — | — | -3.53% | 4.59% | 5.77% | -4.16% | -0.95% |
Chord Energy Corp's profitability ratios demonstrate a consistent performance over the quarters analyzed. The Operating Return on Assets (Operating ROA) has shown fluctuations ranging from 17.49% to 24.79%, with an average of approximately 21.95%. This indicates that the company is efficiently generating operating profits from its assets.
The Return on Assets (ROA) ratio has also varied, with values between 14.73% and 27.01%. On average, Chord Energy Corp has maintained a solid ROA of around 24.88%, reflecting its ability to generate profits relative to its total assets.
The Return on Total Capital ratio has shown significant variability, with figures ranging from 23.71% to 54.54%. The average return on total capital stands at approximately 32.08%, indicating that the company is effectively utilizing its capital to generate returns for investors.
Lastly, the Return on Equity (ROE) has fluctuated between 20.10% and 74.01%, with an average of around 37.17%. This suggests that Chord Energy Corp is consistently delivering strong returns to its equity holders relative to the amount of shareholder equity invested.
Overall, Chord Energy Corp's profitability ratios depict a company that is efficiently utilizing its assets and capital to generate profits and deliver returns to its shareholders. However, fluctuations in these ratios over time may warrant further investigation into the company's operational performance and financial strategy.