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US shale oil and gas producer focused on the Bakken and Three Forks plays in North Dakota.
US shale oil and gas producer focused on the Bakken and Three Forks plays in North Dakota.
Sells crude oil, with associated gas and NGLs a smaller line, at market-linked prices, so revenue follows oil prices and well output, with part of production hedged. The 2022 combination of Oasis and Whiting put adjacent Bakken acreage under one operator.
Moat: narrow (cost advantage, scale). Consolidated, contiguous Bakken acreage from the Oasis-Whiting merger lowers per-well development costs.
Headquarters: Houston, Texas, US · Founded: 2022 · Employees: 676
Size Chord Energy (CHRD) is a United States Energy company (Integrated Oil) with a market value of $7.47B, the 930th largest of 3,117 United States companies the cockpit tracks. Shares closed at $136.49 on 6 Nov 2026.
Performance Over six months the shares was unchanged, against -5.9% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 19.2% over the last twelve months (peer median +12.2%); the operating margin is 18.9% (peer median 34.0%).
Valuation It trades at 6.3× forward earnings against a peer median of 9.7× (4th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about -13% a year for seven years (Req g). Recent delivered growth is +39%, so the hurdle is -52 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.0 points above its cost of capital (6.4% WACC).
Short interest Short interest is 7.5% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $6.32B | $4.88B | $5.25B | $3.90B | $3.65B |
| Revenue growth | — | -7% | +35% | +7% | — |
| Gross profit | $1.32B | $854M | $1.29B | $1.39B | $1.78B |
| EBITDA | $2.73B | $2.21B | $2.29B | $1.86B | $2.04B |
| Net income | $842M | $42.7M | $845M | $1.02B | $1.86B |
| Free cash flow | $1.19B | $693M | $918M | $914M | $1.39B |
| Capital expenditure | $1.40B | $1.35B | $1.18B | $906M | $531M |
| Total debt | $1.50B | $1.51B | $901M | $431M | $419M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Chord Energy CHRD | $7.47B | 0% | +19% | 19% | 6.3× | -13.4% |
| Devon Energy DVN | $46.4B | -7% | +18% | 24% | 7.6× | 0.9% |
| Chevron CVX | $415B | +18% | +22% | 15% | 11.4× | -3.0% |
| ConocoPhillips COP | $164B | +21% | +9% | 22% | 11.5× | -6.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CHRD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.1% | -6.4% | 8th highest of 21 |
| 6-month return | 0.0% | -5.9% | 8th highest of 21 |
| Distance from 52-week high | -14.7% | -23.0% | 4th highest of 21 |
| Revenue growth (TTM) | +19.2% | +12.2% | 8th highest of 21 |
| Operating margin | 18.9% | 34.0% | 5th lowest of 21 |
| Forward P/E | 6.3× | 9.7× | 4th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | -13.4% | -8.9% | 6th least demanding of 19 |
| Growth delivered (Del g) | +38.6% | +15.6% | 4th highest of 19 |
| Hurdle (Req g minus delivered) | -52.0 pp | -25.6 pp | 3rd least demanding of 19 |
| ROIC minus cost of capital | +4.0 pp | +7.7 pp | 5th lowest of 21 |
| EV / EBITDA | 3.0× | 4.3× | 4th cheapest of 18 |
| Net debt / EBITDA | 0.3× | 0.9× | 4th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chord Energy CHRD | United States | $7.47B | 0% | +19% | 19% | 6.3× | -13.4% | +38.6% |
| Oil India OIL.NS | India | $7.60B | -2% | +20% | 29% | 7.7× | -1.1% | +13.7% |
| SM Energy SM | United States | $7.12B | +2% | +100% | 38% | 3.5× | -13.6% | +22.9% |
| National Fuel Gas NFG | United States | $6.98B | -8% | +13% | 37% | 10.2× | -6.2% | +9.1% |
| Guanghui Energy 600256.SS | China | $6.47B | 0% | -5% | 18% | 10.1× | -11.4% | +14.9% |
| CNOOC Energy Technology & Services 600968.SS | China | $6.25B | -7% | -1% | 9% | 9.7× | -14.2% | +8.7% |
| Matador Resources MTDR | United States | $6.24B | -9% | +13% | 39% | 5.0× | n/a | n/a |
| Hess Midstream LP HESM | United States | $6.18B | -22% | -1% | 63% | 10.3× | -16.3% | +8.2% |
| Strathcona Resources SCR.TO | Canada | $5.56B | -14% | -9% | 26% | 6.5× | -2.7% | +95.6% |
| Ithaca Energy ITH.L | United Kingdom | $5.52B | -9% | +28% | 41% | 12.1× | -7.0% | +1.4% |
| Crescent Energy CRGY | United States | $4.74B | -10% | +34% | 30% | 4.1× | -9.4% | +36.5% |
| Var Energi VAR.OL | Norway | $13.3B | +7% | +48% | 55% | 6.9× | -19.6% | +26.6% |
| California Resources CRC | United States | $4.15B | -20% | +12% | 24% | 10.9× | -8.3% | +16.2% |
| Shandong Xinchao Energy 600777.SS | China | $3.97B | -33% | -15% | 13% | n/a | -10.0% | +13.1% |
| Athabasca Oil ATH.TO | Canada | $3.92B | +1% | +3% | 31% | 13.7× | -5.3% | +23.4% |
| Whitecap Resources WCP.TO | Canada | $14.4B | +6% | +73% | 38% | 8.8× | -7.1% | +44.8% |
| Tamarack Valley Energy TVE.TO | Canada | $3.83B | -7% | +11% | 48% | 10.7× | -5.6% | +46.8% |
| APA APA | United States | $15.6B | +26% | -12% | 41% | 7.5× | -20.0% | +15.0% |
| Peyto Exploration & Development PEY.TO | Canada | $3.54B | -5% | +26% | 40% | 12.6× | -2.1% | +22.8% |
| Ovintiv OVV | United States | $16.3B | +5% | +14% | 29% | 7.1× | -10.9% | +9.4% |
| Paramount Resources POU.TO | Canada | $3.26B | +6% | -28% | 10% | 12.4× | n/a | n/a |