Chord Good Will vs Property Plant Equipment Analysis

CHRD Stock  USD 130.44  3.99  2.97%   
Chord Energy financial indicator trend analysis is way more than just evaluating Chord Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chord Energy Corp is a good investment. Please check the relationship between Chord Energy Good Will and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chord Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Good Will vs Property Plant Equipment

Good Will vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chord Energy Corp Good Will account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chord Energy's Good Will and Property Plant Equipment is -0.56. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Chord Energy Corp, assuming nothing else is changed. The correlation between historical values of Chord Energy's Good Will and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Chord Energy Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., Chord Energy's Good Will and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant Equipment

Most indicators from Chord Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chord Energy Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chord Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At present, Chord Energy's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit670.1M1.8B1.4B1.5B
Total Revenue1.6B3.6B3.9B4.1B

Chord Energy fundamental ratios Correlations

0.290.560.890.070.39-0.01-0.110.17-0.130.720.160.620.610.040.330.260.310.950.460.750.950.27-0.170.630.53
0.290.770.31-0.23-0.160.38-0.040.220.60.140.46-0.11-0.130.4-0.07-0.3-0.180.13-0.180.280.16-0.040.360.41-0.14
0.560.770.69-0.37-0.10.490.140.040.450.10.62-0.16-0.020.70.5-0.46-0.280.3-0.30.770.320.00.350.87-0.23
0.890.310.69-0.20.060.290.08-0.01-0.20.320.390.360.370.380.59-0.120.130.750.030.90.770.180.120.860.1
0.07-0.23-0.37-0.20.32-0.360.310.0-0.190.46-0.210.360.39-0.39-0.350.650.150.210.59-0.350.20.11-0.37-0.420.56
0.39-0.16-0.10.060.32-0.37-0.340.27-0.050.71-0.580.370.54-0.49-0.170.57-0.080.490.70.090.480.5-0.4-0.120.74
-0.010.380.490.29-0.36-0.370.09-0.59-0.03-0.440.33-0.440.020.490.34-0.38-0.39-0.25-0.690.4-0.22-0.140.960.55-0.6
-0.11-0.040.140.080.31-0.340.090.0-0.07-0.360.6-0.38-0.470.650.24-0.48-0.39-0.2-0.350.09-0.18-0.090.020.2-0.4
0.170.220.04-0.010.00.27-0.590.00.150.340.00.17-0.2-0.09-0.36-0.030.130.260.37-0.090.260.08-0.57-0.130.32
-0.130.60.45-0.2-0.19-0.05-0.03-0.070.150.00.28-0.3-0.380.33-0.06-0.29-0.35-0.26-0.16-0.07-0.26-0.03-0.050.03-0.16
0.720.140.10.320.460.71-0.44-0.360.340.0-0.280.720.71-0.51-0.20.720.440.820.910.180.820.26-0.50.00.94
0.160.460.620.39-0.21-0.580.330.60.00.28-0.28-0.29-0.460.810.45-0.67-0.17-0.02-0.470.370.0-0.190.260.57-0.49
0.62-0.11-0.160.360.360.37-0.44-0.380.17-0.30.72-0.290.64-0.59-0.230.70.670.780.770.020.750.43-0.48-0.10.76
0.61-0.13-0.020.370.390.540.02-0.47-0.2-0.380.71-0.460.64-0.560.020.820.450.660.630.290.650.14-0.060.110.71
0.040.40.70.38-0.39-0.490.490.65-0.090.33-0.510.81-0.59-0.560.6-0.87-0.55-0.23-0.740.51-0.2-0.150.380.69-0.73
0.33-0.070.50.59-0.35-0.170.340.24-0.36-0.06-0.20.45-0.230.020.6-0.44-0.210.16-0.390.750.17-0.070.230.77-0.35
0.26-0.3-0.46-0.120.650.57-0.38-0.48-0.03-0.290.72-0.670.70.82-0.87-0.440.530.440.84-0.270.420.17-0.37-0.440.85
0.31-0.18-0.280.130.15-0.08-0.39-0.390.13-0.350.44-0.170.670.45-0.55-0.210.530.460.54-0.080.44-0.33-0.4-0.210.53
0.950.130.30.750.210.49-0.25-0.20.26-0.260.82-0.020.780.66-0.230.160.440.460.670.551.00.31-0.350.380.72
0.46-0.18-0.30.030.590.7-0.69-0.350.37-0.160.91-0.470.770.63-0.74-0.390.840.540.67-0.150.650.28-0.7-0.350.99
0.750.280.770.9-0.350.090.40.09-0.09-0.070.180.370.020.290.510.75-0.27-0.080.55-0.150.560.00.230.93-0.06
0.950.160.320.770.20.48-0.22-0.180.26-0.260.820.00.750.65-0.20.170.420.441.00.650.560.31-0.320.40.7
0.27-0.040.00.180.110.5-0.14-0.090.08-0.030.26-0.190.430.14-0.15-0.070.17-0.330.310.280.00.31-0.150.040.25
-0.170.360.350.12-0.37-0.40.960.02-0.57-0.05-0.50.26-0.48-0.060.380.23-0.37-0.4-0.35-0.70.23-0.32-0.150.37-0.62
0.630.410.870.86-0.42-0.120.550.2-0.130.030.00.57-0.10.110.690.77-0.44-0.210.38-0.350.930.40.040.37-0.27
0.53-0.14-0.230.10.560.74-0.6-0.40.32-0.160.94-0.490.760.71-0.73-0.350.850.530.720.99-0.060.70.25-0.62-0.27
Click cells to compare fundamentals

Chord Energy Account Relationship Matchups

Chord Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5B2.2B3.0B6.6B6.9B7.3B
Other Current Liab465.7M188.9M1.2B1.3B405.4M306.2M
Total Current Liabilities602.9M341.2M1.2B1.4B1.2B1.2B
Total Stockholder Equity3.6B915.9M1.0B4.7B5.1B5.3B
Other Liab325.8M542.1M180.6M181.7M208.9M123.1M
Accounts Payable17.9M2.6M2.1M29.1M34.5M53.8M
Cash20.0M15.9M172.1M593.2M318.0M333.9M
Other Assets59.3M1.0B74.0M281.0M323.1M339.3M
Other Current Assets346K79.5M1.0B53.2M90.9M90.0M
Total Liab3.7B1.1B1.8B2.0B1.8B1.6B
Common Stock3.2M3.2M200K438K456K885.4K
Property Plant Equipment7.0B855.1M1.3B4.7B5.4B5.7B
Common Stock Shares Outstanding315.0M20.1M20.6M32.3M43.4M82.9M
Property Plant And Equipment Net7.0B1.7B1.3B4.7B5.3B4.5B
Net Debt2.7B717.7M235.0M(175.7M)112.6M107.0M
Retained Earnings554.4M(49.9M)269.7M1.4B2.0B2.1B
Non Current Assets Total7.1B1.9B1.4B5.1B5.5B4.6B
Non Currrent Assets Other(201.7M)38.3M(95.5M)82.6M62.7M59.5M
Cash And Short Term Investments20.0M15.9M172.1M593.2M318.0M172.1M
Net Receivables371.2M159.8M377.2M781.7M943.1M990.3M
Liabilities And Stockholders Equity7.5B2.2B3.0B6.6B6.9B5.3B
Non Current Liabilities Total3.1B805.1M580.0M590.0M684.1M649.9M
Inventory35.3M33.9M29.0M54.4M72.6M76.2M
Other Stockholder Equity3.1B965.7M763.0M3.2B3.1B2.6B
Total Current Assets437.4M271.6M1.6B1.5B1.4B727.9M
Short Long Term Debt Total2.8B733.6M407.1M417.4M430.6M409.1M
Net Tangible Assets3.6B915.9M1.0B4.7B4.2B2.2B

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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chord Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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.