Chord Energy Corp (CHRD)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,160,556 | 1,275,789 | 1,234,438 | 1,215,388 | 1,374,392 | 1,323,080 | 1,914,348 | 1,862,031 | 1,432,787 | 1,286,595 | 514,117 | 389,446 | 321,460 | 830,224 | 713,887 | 558,779 | -3,852,334 | -4,599,048 | -4,590,433 | -4,436,283 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 13.34% | 14.54% | 13.96% | 23.95% | 27.07% | 26.78% | 39.72% | 39.13% | 30.62% | 28.78% | 42.91% | 27.01% | 31.12% | 91.79% | 85.39% | 64.62% | -420.59% | — | — | — |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,160,556K ÷ ($—K + $8,702,260K)
= 13.34%
Chord Energy Corp's return on total capital has shown variability over the period from March 31, 2020, to December 31, 2024. The ratio was not available for the first three quarters of 2020. In December 2020, the return on total capital was notably negative at -420.59%, indicating a significant loss relative to the invested capital.
However, there was a substantial improvement in performance in the subsequent quarters, with the ratio jumping to 64.62% in March 2021 and further increasing to 91.79% by September 2021. This upward trend continued with fluctuations in the ratio, reaching a peak of 42.91% in June 2022.
From March 2022 to June 2024, the return on total capital remained above 10%, indicating that the company was generating positive returns relative to its total capital investment. The ratio gradually declined towards the end of the period, settling at 13.34% in December 2024.
Overall, the return on total capital for Chord Energy Corp showed significant variability, with both negative and positive values observed. The company experienced fluctuations in its performance, demonstrating the importance of monitoring and managing capital efficiency to drive sustainable profitability.
Peer comparison
Dec 31, 2024