Recent News
Aug 5, 2026 — Chord Energy reported second-quarter 2026 financial and operating results and declared a base dividend. Sep 16, 2026 — Chord announced a divestiture of its non‑operated Marcellus position for $550 million (effective July 1, 2026). Aug 10–Sep 2, 2026 — disclosures show director share sales reported in August and early September.
Technical Analysis
ADX / DI+ / DI-: ADX at 19.18 indicates no clear trend. DI+ stands at 26.94 with a decreasing trend, a bearish directional signal; DI- sits at 23.40 with a peak & reversal signal, which signals a reduction in selling pressure. Together these directional readings imply short-term directional conflict and favor consolidation rather than a decisive trend extension.
MACD: MACD shows 1.39 with the MACD signal at 3.00 and the MACD_trend labeled dip & reversal. Momentum appears to be recovering but remains below the signal line, so momentum improvement exists without confirmation of bullish crossover; that limits near-term upside until MACD clears the signal line.
MRO: MRO at 23.02 with a peak & reversal signature remains positive, which traditionally indicates price sits above the model target and bears potential for downward pressure as the oscillator weakens. This raises the prospect of short-term mean reversion pressure absent fresh buying.
RSI: RSI at 53.33 with a dip & reversal trend signals a recent pullback that is starting to recover from neutral territory, consistent with the MACD’s improving but unconfirmed momentum.
Price vs. Moving Averages & Ichimoku: Last close $137.72 sits above the 200‑day average ($122.17) but below the 20‑day average ($147.72) and Tenkan‑Sen ($146.53). Price12day EMA and 26‑day EMA show a dip & reversal pattern; shorter‑term averages place resistance near the mid‑$140s while the 200‑day average provides longer‑term support, implying limited room for steady gains until short averages flip decisively.
Bollinger / Bands / Volatility: Price sits below the 1× lower Bollinger band (lower1x = $142.13), and 42‑day volatility remains low. The band breakdown alongside neutral RSI suggests short windows of volatility-driven mean reversion rather than a sustained breakout.
Fundamental Analysis
Production and revenue: Total revenue for the period registers at $2,172,685,000 with reported revenue per share $38.60 and revenue growth flagged at 30.44% (overall) but revenue growth year‑over‑year at -11.73%.
Profitability: Operating margin stands at 27.87% and EBIT margin at 32.86%. EBIT margin falls below the industry peer mean of 41.272% and industry peer median of 41.983%, while exceeding the industry peer low of 11.353%. QoQ and YoY adjustments: EBIT margin QoQ shows a +3.52666% change and EBIT margin YoY shows -2.22412% change.
Cash flow and liquidity: Operating cash flow reached $1,116,154,000 and free cash flow $711,936,000, producing a free cash flow yield of 9.77%, well above the industry peer mean of 2.381% (industry peer mean). Cash and short‑term investments total $611,568,000 and the cash ratio equals 0.34656.
Leverage and coverage: Total debt $1,629,558,000 produces debt to EBITDA of 1.45x and debt to assets of 11.88%, below the industry peer mean debt to assets of 19.382%. Interest coverage at 26.78x indicates ample capacity to service interest relative to reported earnings.
Earnings and estimates: Reported EPS $6.44 versus an estimate of $6.52 produced an EPS surprise ratio of -1.23%. Forward EPS sits at $3.88 with a forward PE near 35.36; trailing PE stands at 20.11. WMDST values the stock as under‑valued, supported by an enterprise multiple of 7.40 and a free cash flow yield near 9.77%.
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 | $ 221.5 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 | $ 3.88 | |
| 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: 18.045 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: 0.194 median: 0.151 CHRD: 0.119 low: 0.003 |
|
| 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: 0.386 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: 2.149 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: 30.742 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: 53.951 mean: 9.037 median: 8.459 CHRD: 3.355 low: 3.26 |
|
| 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: 0.291 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: 3.001 median: 2.384 mean: 2.289 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 | high: 43.173 CHRD: 13.874 mean: 3.469 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: -39.223 median: -54.099 low: -79.827 |
|
| 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: 22.477 median: 1.851 mean: 1.747 CHRD: 1.221 low: 0.004 |
|
| Quick Ratio | 1.152 | |
| Quick Ratio QoQ | 19.507 % | |
| Quick Ratio YoY | 27.806 % | |
| Quick Ratio IPRWA | high: 1.677 median: 1.677 mean: 1.566 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: 41.89 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: 14.443 % 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: 61.784 % CHRD: 29.241 % low: -50.929 % |
|
| EBIT Margin | 32.859 % | |
| EBIT Margin QoQ | 352.666 % | |
| EBIT Margin YoY | -222.412 % | |
| EBIT Margin IPRWA | high: 90.216 % median: 41.983 % mean: 41.272 % CHRD: 32.859 % low: 11.353 % |
|
| Return On Sales (ROS) | 27.865 % | |
| Return On Sales QoQ | 39.43 % | |
| Return On Sales YoY | 136.244 % | |
| Return On Sales IPRWA | high: 77.892 % median: 40.605 % mean: 36.639 % CHRD: 27.865 % low: 5.971 % |
|
| 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: 5.784 % median: 4.018 % mean: 2.381 % 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: 74.636 % low: -388.658 % |
|
| 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: 4.333 % CHRD: 3.897 % low: -7.219 % |
|
| 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: 5.908 % CHRD: 5.545 % low: -3.276 % |
|