Chord Gross Profit Margin from 2010 to 2024

CHRD Stock  USD 130.44  3.99  2.97%   
Chord Energy's Gross Profit Margin is decreasing over the years with slightly volatile fluctuation. Gross Profit Margin is expected to dwindle to 0.34. During the period from 2010 to 2024 Chord Energy Gross Profit Margin annual values regression line had geometric mean of  0.51 and mean square error of  0.05. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.36202848
Current Value
0.34
Quarterly Volatility
0.3405529
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chord Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chord Energy's main balance sheet or income statement drivers, such as Interest Expense of 27.2 M, Selling General Administrative of 92.3 M or Total Revenue of 4.1 B, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0731 or PTB Ratio of 2.45. Chord financial statements analysis is a perfect complement when working with Chord Energy Valuation or Volatility modules.
  
Check out the analysis of Chord Energy Correlation against competitors.

Latest Chord Energy's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Chord Energy Corp over the last few years. It is Chord Energy's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chord Energy's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Chord Gross Profit Margin Regression Statistics

Arithmetic Mean0.64
Geometric Mean0.51
Coefficient Of Variation53.13
Mean Deviation0.31
Median0.80
Standard Deviation0.34
Sample Variance0.12
Range0.9469
R-Value(0.77)
Mean Square Error0.05
R-Squared0.60
Significance0.0007
Slope(0.06)
Total Sum of Squares1.62

Chord Gross Profit Margin History

2024 0.34
2023 0.36
2022 0.49
2021 0.42
2020 0.22
2019 0.0415
2018 0.27

About Chord Energy Financial Statements

Chord Energy stakeholders use historical fundamental indicators, such as Chord Energy's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although Chord Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chord Energy's assets and liabilities are reflected in the revenues and expenses on Chord Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chord Energy Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.36  0.34 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Chord Energy Corp is a strong investment it is important to analyze Chord Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chord Energy's future performance. For an informed investment choice regarding Chord Stock, refer to the following important reports:
Check out the analysis of Chord Energy Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chord Energy. If investors know Chord will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chord Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
10.15
Earnings Share
18.73
Revenue Per Share
92.615
Quarterly Revenue Growth
0.284
The market value of Chord Energy Corp is measured differently than its book value, which is the value of Chord that is recorded on the company's balance sheet. Investors also form their own opinion of Chord Energy's value that differs from its market value or its book value, called intrinsic value, which is Chord Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chord Energy's market value can be influenced by many factors that don't directly affect Chord Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chord Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chord Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chord Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.