Chord Energy Balance Sheet Health
Financial Health criteria checks 4/6
Chord Energy has a total shareholder equity of $8.8B and total debt of $867.2M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are $13.0B and $4.3B respectively. Chord Energy's EBIT is $1.3B making its interest coverage ratio 27.9. It has cash and short-term investments of $52.1M.
Key information
9.9%
Debt to equity ratio
US$867.17m
Debt
| Interest coverage ratio | 27.9x |
| Cash | US$52.05m |
| Equity | US$8.78b |
| Total liabilities | US$4.26b |
| Total assets | US$13.03b |
Recent financial health updates
Here's Why Chord Energy (NASDAQ:CHRD) Can Manage Its Debt Responsibly
Jul 01
Is Chord Energy (NASDAQ:CHRD) A Risky Investment?
Jan 23Recent updates
Chord Energy: Stock Repurchases, Sale Of Assets, Synergies, And Extremely Cheap
Dec 11Chord Energy's (NASDAQ:CHRD) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 14With Strong Earnings, Chord Energy Should Be An Income Investor Target
Oct 06Chord Energy Corporation's (NASDAQ:CHRD) Prospects Need A Boost To Lift Shares
Sep 13Chord Energy: Synergies Expected, High FCF Yield Remains Attractive
Jul 18Here's Why Chord Energy (NASDAQ:CHRD) Can Manage Its Debt Responsibly
Jul 01Chord Energy Corporation's (NASDAQ:CHRD) Earnings Are Not Doing Enough For Some Investors
Jun 05Chord Energy Expects $150 Million Per Year In Cost Savings By Merging With Enerplus
Apr 25Chord Energy And Enerplus: A Marriage That Makes Sense
Feb 26Analysts' Revenue Estimates For Chord Energy Corporation (NASDAQ:CHRD) Are Surging Higher
Feb 23Chord Energy Corporation's (NASDAQ:CHRD) Low P/E No Reason For Excitement
Feb 13Chord Energy: Will Q3's Production Growth Continue
Jan 26Is Chord Energy (NASDAQ:CHRD) A Risky Investment?
Jan 23Financial Position Analysis
Short Term Liabilities: CHRD's short term assets ($1.6B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: CHRD's short term assets ($1.6B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: CHRD's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: CHRD's debt to equity ratio has reduced from 71.8% to 9.9% over the past 5 years.
Debt Coverage: CHRD's debt is well covered by operating cash flow (239.2%).
Interest Coverage: CHRD's interest payments on its debt are well covered by EBIT (27.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:58 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Chord Energy Corporation is covered by 59 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Hall | Baird |
| Ishan Majumdar | Baptista Research |
| Phillip Jungwirth | BMO Capital Markets Equity Research |