Recent News
On August 5, 2026 Chord Energy reported second-quarter 2026 financial and operating results, declared a $1.30-per-share base dividend and disclosed $147.4 million of share repurchases while noting oil volumes at the high end of guidance and CapEx modestly below midpoint.
On August 2, 2026 Chord notified investors that Shannon Kinney will resign as Executive Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary effective August 31, 2026.
The company reported average production of 286,447 Boepd in 2Q26 (58% oil), and confirmed a paid base cash dividend on June 5, 2026.
Technical Analysis
Directional indicators show weakening bullish breadth: DI+ sits at 32.14 but has peak-and-reversed, a bearish development; DI- reads 21.04 and has dip-and-reversed, which also reads as bearish. Together with ADX at 20.17, the trend registers modest emerging strength but the directional index actions favor downside pressure into the near term.
MACD stands at 3.89 with a peak-and-reversal trend, signaling bearish momentum; note the MACD currently sits just above its signal line (3.81), indicating a recent bullish cross that conflicts with the broader peak-and-reversal momentum read. This mix suggests short-term volatility and a potential loss of upside momentum.
The MRO reads 29.24 and has peaked and reversed; MRO positive at this magnitude implies the market price sits above the model target and faces pressure toward reversion, adding to the case for a near-term pullback.
RSI of 56.0 has peak-and-reversed, indicating the stock recently lost upward momentum from a neutral-to-mildly overbought state; that reinforces a consolidation bias rather than immediate trend continuation.
Price sits at $146.39, above the 12-day EMA of $145.73 (12-day EMA increasing) and well above the 50-day ($132.71) and 200-day ($119.00) averages, which preserves a constructive medium-term price structure even if a short-term pullback unfolds. Price remains below the 1x Bollinger upper band ($149.52), suggesting limited immediate upside extension from current levels. Volume today (344,824) trails the 10-, 50- and 200-day averages, indicating lower participation on the most recent move; short-term strength therefore lacks strong volume confirmation.
Fundamental Analysis
Revenue totaled $2,172,685,000 for the reporting period. Reported revenue growth reads 30.44% while year-over-year revenue growth is -11.73%; sequential dynamics show a QoQ decline of -28.25%, indicating uneven top-line momentum across measurement windows.
Profitability metrics show EBIT of $713,915,000 and EBITDA of $1,123,152,000. EBIT margin equals 32.86%, below the industry peer mean of 40.96% and below the industry peer median of 41.98%, while EBIT margin improved QoQ by about 3.53% but declined YoY by ~2.22%. Operating margin stands at 27.87% and rose QoQ, supporting the company’s reported profitability improvement despite the peer comparison gap.
Cash generation represents the clearest strength: operating cash flow reached $1,116,154,000 and free cash flow registered $711,936,000. Free cash flow yield equals 9.77% and free cash flow improved markedly YoY (about +22.82%), supporting the company’s capital returns—dividend rate $1.30585 per share (yield ~1.01%) and substantial buybacks noted in recent disclosure.
Balance-sheet and leverage metrics remain conservative: net debt totals $869,789,000 with debt-to-EBITDA near 1.45x and an interest-coverage ratio of 26.78x, indicating ample coverage and low financial stress. Return on equity sits at 6.28%, slightly below the industry peer mean of 7.50%, while reported earnings growth of 41.23% exceeds the industry peer mean of 32.27%—the company shows stronger earnings expansion than peers even as some margins trail the peer mean.
Book value per share equals $148.48 with shares outstanding of 55,197,317. WMDST values the stock as under-valued based on the firm’s cash generation, low net leverage, and the current market-cap/enterprise-value posture; those fundamentals create a valuation cushion if technical pressure materializes.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-08-05 |
| NEXT REPORT DATE: | 2026-11-04 |
| CASH FLOW | Begin Period Cash Flow | $ 225.8 M |
| Operating Cash Flow | $ 1.1 B | |
| Capital Expenditures | $ -404.22 M | |
| Change In Working Capital | $ 224.8 M | |
| Dividends Paid | $ -73.50 M | |
| Cash Flow Delta | $ 385.8 M | |
| End Period Cash Flow | $ 611.6 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.2 B | |
| Forward Revenue | $ 202.0 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.5 B | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | $ 1.6 B | |
| PROFITABILITY | ||
| Gross Profit | $ 635.3 M | |
| EBITDA | $ 1.1 B | |
| EBIT | $ 713.9 M | |
| Operating Income | $ 605.4 M | |
| Interest Income | — | |
| Interest Expense | $ 26.7 M | |
| Net Interest Income | $ -26.66 M | |
| Income Before Tax | $ 687.3 M | |
| Tax Provision | $ 162.1 M | |
| Tax Rate | 23.6 % | |
| Net Income | $ 525.2 M | |
| Net Income From Continuing Operations | $ 525.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 6.52 | |
| EPS Actual | $ 6.44 | |
| EPS Difference | $ -0.08 | |
| EPS Surprise | -1.227 % | |
| Forward EPS | $ 3.54 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 13.7 B | |
| Intangible Assets | — | |
| Net Tangible Assets | $ 8.4 B | |
| Total Current Assets | $ 2.2 B | |
| Cash and Short-Term Investments | $ 611.6 M | |
| Cash | $ 611.6 M | |
| Net Receivables | $ 1.1 B | |
| Inventory | $ 121.4 M | |
| Long-Term Investments | $ 64.3 M | |
| LIABILITIES | ||
| Accounts Payable | $ 151.9 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 1.8 B | |
| Net Debt | $ 869.8 M | |
| Total Debt | $ 1.6 B | |
| Total Liabilities | $ 5.4 B | |
| EQUITY | ||
| Total Equity | $ 8.4 B | |
| Retained Earnings | $ 2.5 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 148.48 | |
| Shares Outstanding | 55.197 M | |
| Revenue Per-Share | $ 38.60 | |
| VALUATION | Market Capitalization | $ 7.3 B |
| Enterprise Value | $ 8.3 B | |
| Enterprise Multiple | 7.397 | |
| Enterprise Multiple QoQ | -55.923 % | |
| Enterprise Multiple YoY | -93.633 % | |
| Enterprise Multiple IPRWA | high: 39.984 mean: 18.14 median: 15.584 CHRD: 7.397 low: -2.194 |
|
| EV/R | 3.824 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.641 | |
| Asset To Liability | 2.559 | |
| Debt To Capital | 0.163 | |
| Debt To Assets | 0.119 | |
| Debt To Assets QoQ | -2.655 % | |
| Debt To Assets YoY | 36.662 % | |
| Debt To Assets IPRWA | high: 0.422 mean: 0.192 median: 0.151 CHRD: 0.119 low: 0.011 |
|
| Debt To Equity | 0.195 | |
| Debt To Equity QoQ | -2.874 % | |
| Debt To Equity YoY | 44.737 % | |
| Debt To Equity IPRWA | high: 1.23 mean: 0.383 median: 0.259 CHRD: 0.195 low: -0.454 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.872 | |
| Price To Book QoQ | -0.97 % | |
| Price To Book YoY | 19.052 % | |
| Price To Book IPRWA | high: 5.928 median: 2.255 mean: 2.167 CHRD: 0.872 low: -0.595 |
|
| Price To Earnings (P/E) | 20.113 | |
| Price To Earnings QoQ | -27.169 % | |
| Price To Earnings YoY | -65.148 % | |
| Price To Earnings IPRWA | high: 69.838 mean: 30.822 median: 26.969 CHRD: 20.113 low: 20.096 |
|
| PE/G Ratio | 0.488 | |
| Price To Sales (P/S) | 3.355 | |
| Price To Sales QoQ | -21.147 % | |
| Price To Sales YoY | -33.225 % | |
| Price To Sales IPRWA | high: 148.887 mean: 9.09 median: 8.459 low: 5.437 CHRD: 3.355 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 35.357 | |
| Forward PE/G | 0.858 | |
| Forward P/S | 34.024 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 16.111 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.161 | |
| Asset Turnover Ratio QoQ | 27.328 % | |
| Asset Turnover Ratio YoY | 74.829 % | |
| Asset Turnover Ratio IPRWA | high: 0.243 CHRD: 0.161 median: 0.157 mean: 0.139 low: 0.0 |
|
| Receivables Turnover | 1.961 | |
| Receivables Turnover Ratio QoQ | 19.082 % | |
| Receivables Turnover Ratio YoY | 69.914 % | |
| Receivables Turnover Ratio IPRWA | high: 23.551 mean: 2.973 median: 2.384 CHRD: 1.961 low: 0.096 |
|
| Inventory Turnover | 13.874 | |
| Inventory Turnover Ratio QoQ | 15.873 % | |
| Inventory Turnover Ratio YoY | 41.538 % | |
| Inventory Turnover Ratio IPRWA | CHRD: 13.874 high: 9.268 mean: 3.033 median: 2.549 low: 0.842 |
|
| Days Sales Outstanding (DSO) | 46.532 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 45.789 | |
| Cash Conversion Cycle Days QoQ | -22.469 % | |
| Cash Conversion Cycle Days YoY | -43.701 % | |
| Cash Conversion Cycle Days IPRWA | CHRD: 45.789 high: 44.303 mean: -40.039 median: -54.099 low: -1538.434 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 5.565 | |
| CapEx To Revenue | -0.186 | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 9.8 B | |
| Net Invested Capital | $ 9.8 B | |
| Invested Capital | $ 9.8 B | |
| Net Tangible Assets | $ 8.4 B | |
| Net Working Capital | $ 390.4 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.347 | |
| Current Ratio | 1.221 | |
| Current Ratio QoQ | 19.235 % | |
| Current Ratio YoY | 26.366 % | |
| Current Ratio IPRWA | high: 13.853 median: 1.851 mean: 1.725 CHRD: 1.221 low: 0.066 |
|
| Quick Ratio | 1.152 | |
| Quick Ratio QoQ | 19.507 % | |
| Quick Ratio YoY | 27.806 % | |
| Quick Ratio IPRWA | high: 1.677 median: 1.677 mean: 1.573 CHRD: 1.152 low: 0.618 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 1.451 | |
| Cost Of Debt | 1.256 % | |
| Interest Coverage Ratio | 26.775 | |
| Interest Coverage Ratio QoQ | 488.973 % | |
| Interest Coverage Ratio YoY | -258.743 % | |
| Interest Coverage Ratio IPRWA | high: 83.612 median: 53.224 mean: 42.42 CHRD: 26.775 low: -60.084 |
|
| Operating Cash Flow Ratio | 0.632 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 8.565 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 7.145 | |
| Dividend Payout Ratio | 0.14 | |
| Dividend Rate | $ 1.31 | |
| Dividend Yield | 0.01 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 3.63 % | |
| Revenue Growth | 30.442 % | |
| Revenue Growth QoQ | -28.254 % | |
| Revenue Growth YoY | -1172.657 % | |
| Revenue Growth IPRWA | high: 70.433 % CHRD: 30.442 % median: 25.688 % mean: 14.408 % low: -89.777 % |
|
| Earnings Growth | 41.228 % | |
| Earnings Growth QoQ | -83.911 % | |
| Earnings Growth YoY | -174.027 % | |
| Earnings Growth IPRWA | high: 70.588 % median: 48.68 % CHRD: 41.228 % mean: 32.267 % low: -80.0 % |
|
| MARGINS | ||
| Gross Margin | 29.241 % | |
| Gross Margin QoQ | 30.593 % | |
| Gross Margin YoY | 100.955 % | |
| Gross Margin IPRWA | high: 85.582 % median: 71.721 % mean: 62.067 % CHRD: 29.241 % low: -111.111 % |
|
| EBIT Margin | 32.859 % | |
| EBIT Margin QoQ | 352.666 % | |
| EBIT Margin YoY | -222.412 % | |
| EBIT Margin IPRWA | high: 90.216 % median: 41.983 % mean: 40.96 % CHRD: 32.859 % low: -645.823 % |
|
| Return On Sales (ROS) | 27.865 % | |
| Return On Sales QoQ | 39.43 % | |
| Return On Sales YoY | 136.244 % | |
| Return On Sales IPRWA | high: 68.145 % median: 40.605 % mean: 36.487 % CHRD: 27.865 % low: -674.478 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 711.9 M | |
| Free Cash Flow Yield | 9.766 % | |
| Free Cash Flow Yield QoQ | 343.103 % | |
| Free Cash Flow Yield YoY | 2281.951 % | |
| Free Cash Flow Yield IPRWA | CHRD: 9.766 % high: 5.005 % median: 4.018 % mean: 2.351 % low: -20.508 % |
|
| Free Cash Growth | 355.835 % | |
| Free Cash Growth QoQ | 567.408 % | |
| Free Cash Growth YoY | -482.589 % | |
| Free Cash Growth IPRWA | CHRD: 355.835 % high: 175.115 % median: 118.381 % mean: 77.678 % low: -245.512 % |
|
| Free Cash To Net Income | 1.356 | |
| Cash Flow Margin | 27.912 % | |
| Cash Flow To Earnings | 2.125 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 3.897 % | |
| Return On Assets QoQ | 371.792 % | |
| Return On Assets YoY | -227.938 % | |
| Return On Assets IPRWA | high: 10.029 % median: 5.037 % mean: 4.369 % CHRD: 3.897 % low: -5.482 % |
|
| Return On Capital Employed (ROCE) | 5.973 % | |
| Return On Equity (ROE) | 0.063 | |
| Return On Equity QoQ | 365.481 % | |
| Return On Equity YoY | -230.482 % | |
| Return On Equity IPRWA | high: 0.102 median: 0.085 mean: 0.075 CHRD: 0.063 low: -0.04 |
|
| DuPont ROE | 6.403 % | |
| Return On Invested Capital (ROIC) | 5.545 % | |
| Return On Invested Capital QoQ | 628.647 % | |
| Return On Invested Capital YoY | -299.676 % | |
| Return On Invested Capital IPRWA | high: 6.99 % median: 6.99 % mean: 5.928 % CHRD: 5.545 % low: 0.71 % |
|