Chord Energy Corp

CHRD

NasdaqMid CapEnergy

13F Pro Quality Score

74.8/100

Rank #107 of 2,961 stocksTOP 5%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

80.1/100

Profitability

77.1/100

Balance Sheet

75.1/100

Earnings Quality

67.0/100

Free Cash Flow

91.2/100

Institutional Flow

22.9/100

Revenue Scale

81.1/100

Dilution Risk

74.0/100

Price Chart

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What's Driving CHRD's Business? Latest 10-Q Breakdown

36/36 datapoints verified

AI-extracted from the 10-Q filed 2026-08-06 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Q2 2026 revenue of $2,172.7M and net income of $525.2M as crude oil realizations rose $23.94/Bbl quarter over quarter to $93.99 and production averaged 286,447 Boepd.

Biggest Revenue Drivers

Oil, NGL and gas revenues$1,494.3M

Higher realized crude oil prices and higher crude oil production volumes sold quarter over quarter

Purchased oil and gas sales$678.4M+$163.4M QoQ

Higher crude oil prices quarter over quarter, partially offset by lower volumes of crude oil purchased and resold

Biggest Revenue Drivers

Total revenue: $2,172.7M

Oil, NGL and gas revenues$1,494.3M

Higher realized crude oil prices and higher crude oil production volumes sold quarter over quarter

Within Oil, NGL and gas revenues

Crude oil revenues$1,415.0M+$418.7M QoQ

$340.4M from higher average realized prices plus $78.3M from higher volumes sold; average price $93.99 per barrel

NGL revenues$44.6M+$6.4M QoQ

Higher NGL volumes sold ($3.8M) plus higher realized prices ($2.6M) on butane, pentane and propane indices

Natural gas revenues$34.7M-$81.3M QoQ

Average sales price fell $2.20 to $0.94 per Mcf on seasonality of warmer weather lowering index prices

Purchased oil and gas sales$678.4M+$163.4M QoQ

Higher crude oil prices quarter over quarter, partially offset by lower volumes of crude oil purchased and resold

Largest Expense Items

Purchased oil and gas expenses$671.7M+$161.8M QoQ

Higher crude oil prices quarter over quarter, partially offset by lower purchased-and-resold crude volumes

Depreciation, depletion and amortization$409.2M+$25.0M QoQ

Higher production volumes ($21.2M) plus $3.8M increase in accretion expense on plugging and abandonment

Lease operating expenses$267.8M+$22.9M QoQ

Higher variable costs $10.0M, fixed costs $9.6M and workover costs $6.6M; LOE rose to $10.28 per Boe

Production taxes$125.9M+$39.2M QoQ

Higher crude oil revenues; tax rate rose to 8.4% of oil, NGL and gas revenues from 7.5%

Margins: Operating income rose to $602.7M from $333.2M in Q1 2026 on higher oil realizations. Unit costs worsened: LOE $10.28/Boe (up $0.41) and production taxes 8.4% of revenue versus 7.5%.

Watch Items from the Filing

Realized natural gas price collapsed to $0.94 per Mcf from $3.14 in Q1 2026; Marcellus realizations fell to $2.10 from $6.40 per Mcf.
2027 hedges cap upside: 7,969,500 Bbls of three-way collars with a $64.80 floor and $78.12 ceiling against Q2 realizations of $93.99 per barrel.
Volume commitment agreements require delivery of 77.6 MMBbl crude, 9.2 MMBbl NGL and 272.5 Bcf gas; estimable future commitments total $553.3 million.
Middle East conflict and effective closure of the Strait of Hormuz, plus UAE's May 2026 withdrawal from OPEC+, drove first-half energy market volatility.
Out-of-period $41.8 million tax benefit recorded for an error in the 2025 tax provision on goodwill impairment; management deemed it immaterial.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →