Chord Energy Corp (CHRD)

Return on equity (ROE)

		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
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
Total stockholders’ equity	US$ in thousands	8,702,260	8,776,910	8,841,150	5,075,180	5,076,620	4,941,010	4,819,570	4,758,740	4,679,800	4,470,810	1,198,100	1,441,960	1,032,900	904,442	836,067	864,777	915,942	-810,015	-759,124	-670,739
ROE		9.75%	10.71%	10.44%	18.25%	20.17%	22.26%	36.77%	35.45%	29.29%	27.08%	33.48%	23.83%	30.94%	96.30%	88.91%	66.73%	-402.89%	—	—	—

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $848,627K ÷ $8,702,260K
= 9.75%

Chord Energy Corp's Return on Equity (ROE) has shown significant fluctuations over the past few years, reflecting varying levels of profitability and efficiency in utilizing shareholder equity.

The ROE was negative in December 2020, indicating that the company's net income was insufficient to cover shareholder equity, leading to a loss. The following quarters saw a strong recovery, with ROE reaching high levels in the subsequent periods. This improvement suggests effective management of assets and liabilities, generating higher profits relative to the shareholders' investment.

However, starting from March 2024, the ROE began to decline gradually, indicating a possible decrease in profitability or a less efficient use of equity. The decreasing trend continued until the end of December 2024, when the ROE stood at its lowest level in the reported period.

Overall, despite the fluctuations, Chord Energy Corp has demonstrated the ability to generate returns from shareholders' equity, but the recent decline raises concerns about the company's ongoing profitability and efficiency in utilizing equity capital. Further analysis of the underlying reasons for the decreasing trend in ROE would be necessary to assess the company's financial health and performance accurately.