“The increase is primarily due to additional interest expense period over period on our senior unsecured notes of $35.0 million as a result of the issuance of the 2033 Senior Notes (defined below) and the 2030 Senior Notes (defined below) during 2025.”10-Q · Aug 6, 2026 ↗
Chord Energy Corporation
CHRD
Market read
Chord Energy Corporation's move is being confirmed by its market group.
The latest filing evidence is available. 5 of 13 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
- Revenue increased 84.0% versus the comparable filing period.
- At least 9 of 13 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as MNR begins moving with the group.
Invalidation: The live read weakens if participation falls to 4 of 13 members or fewer.
Research brief
The story so far
The latest filing evidence is available. 5 of 13 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
- Revenue increased 84.0% versus the comparable filing period.
- Operating income moved from a loss to a profit in the comparable period.
No thresholded adverse filing evidence is available yet.
- At least 9 of 13 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as MNR begins moving with the group.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating cash flow covered net income at 45.90x in the latest annual period.
- Latest annual revenue changed -7.1% year over year.
- Operating margin changed -16.9 percentage points in the latest annual period.
- Net margin changed -15.2 percentage points in the latest annual period.
- Diluted shares increased 9.7% in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Energy and commodity prices has repeated adverse evidence across 5 filings.
- Restructuring and cost reductions has repeated adverse evidence across 5 filings.
- P/E is 2460% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 25% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
151.74Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“During the six months ended June 30, 2026, we recorded a $133.6 million net loss on derivative instruments, which included a realized loss of $111.6 million on settled commodity derivative contracts, coupled with an unrealized loss of $22.0 million related to…”10-Q · Aug 6, 2026 ↗
“Our effective tax rate for the six months ended June 30, 2026 was lower than the statutory federal rate of 21% primarily as a result of the identification of an error in the tax provision for the three and six months ended June 30, 2025 pertaining to the impa…”10-Q · Aug 6, 2026 ↗
“For the six months ended June 30, 2025, net cash used in investing activities of $677.8 million was primarily attributable to capital expenditures incurred to develop our oil and gas properties of $704.4 million and $26.2 million paid primarily for acreage in…”10-Q · Aug 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.8× · EV/sales 2.1×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CHRD. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
Fundamentals strengthened in the latest filing
10-Q filed 2026-08-06 against the comparable filing from 2025-08-07.
Capital and cash conversion
Reported investment and cash context
- Stock compensation / revenue
- +0.8%
- Inventory intensity change
- -3.1 pts
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 84.0% versus the comparable filing period.
- Operating income moved from a loss to a profit in the comparable period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“The decrease was primarily attributable to a decrease in equity-based compensation expenses of $3.7 million due to the impact of our stock price on the fair value of our liability-based awards, coupled with a decrease of $2.5 million due to lower current expected credit losses and various cost decreases related to other G&A expenses of $1.4 million quarter over quarter.”
“Net Income (Loss) We had net income of $525.2 million and $633.8 million for the three and six months ended June 30, 2026, respectively, primarily due to increased realized oil prices and production volumes and net impacts from derivative instruments, compared to net losses of $389.9 million and $170.1 million for the three and six months ended June 30, 2025, respectively, primarily due to a non-cash impairment charge on our goodwill recorded during the second quarter of 2025.”
“This increase was partially offset by an $8.6 million decrease in interest expense on the Credit Facility (defined below) period over period and a $7.7 million decrease resulting from the repayment of the 2026 Senior Notes (defined below) during March 2025.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind CHRD
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
PSX21.0% of CHRDcustomerFeb 26, 2026 ▾
“For the year ended December 31, 2025, sales to Phillips 66 Company and Marathon Petroleum Supply & Trading LLC accounted for approximately 21 % and 12 %, respectively, of the Company’s total product sales.”
MPC12.0% of CHRDcustomerFeb 26, 2026 ▾
“For the year ended December 31, 2025, sales to Phillips 66 Company and Marathon Petroleum Supply & Trading LLC accounted for approximately 21 % and 12 %, respectively, of the Company’s total product sales.”
XOMExxonMobil Holdings CorporationpartnerFeb 26, 2026 ▾
“Acquisitions 2025 Acquisition On September 15, 2025, a wholly-owned subsidiary of the Company entered into a definitive agreement to acquire certain developed and undeveloped oil and gas assets located in the Williston Basin from XTO Energy Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CHRD is currently a Follower in the organic co-movement group Oil & Gas. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.