Chord Income Before Tax vs Interest Expense Analysis

CHRD Stock

USD 127.52 1.09 0.86%

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 Income Before Tax and its Interest Expense 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.

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chord Energy Corp Income Before Tax account and Interest Expense. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Chord Energy's Income Before Tax and Interest Expense is -0.54. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Expense 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 Income Before Tax and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Chord Energy Corp are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Income Before Tax i.e., Chord Energy's Income Before Tax and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Chord Energy income statement and is an important metric when analyzing Chord Energy Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 Profit	670.1M	1.8B	1.4B	1.5B
Total Revenue	1.6B	3.6B	3.9B	4.1B

Gross Profit Total Revenue

Chord Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Short Term Investments	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Treasury Stock	Long Term Debt	Common Stock Shares Outstanding	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total
Total Assets		0.29	0.56	0.89	0.07	0.39	-0.01	-0.11	0.17	-0.13	0.72	0.16	0.62	0.61	0.04	0.33	0.26	0.31	0.95	0.46	0.75	0.95	0.27	-0.17	0.63	0.53
Other Current Liab	0.29		0.77	0.31	-0.23	-0.16	0.38	-0.04	0.22	0.6	0.14	0.46	-0.11	-0.13	0.4	-0.07	-0.3	-0.18	0.13	-0.18	0.28	0.16	-0.04	0.36	0.41	-0.14
Total Current Liabilities	0.56	0.77		0.69	-0.37	-0.1	0.49	0.14	0.04	0.45	0.1	0.62	-0.16	-0.02	0.7	0.5	-0.46	-0.28	0.3	-0.3	0.77	0.32	0.0	0.35	0.87	-0.23
Total Stockholder Equity	0.89	0.31	0.69		-0.2	0.06	0.29	0.08	-0.01	-0.2	0.32	0.39	0.36	0.37	0.38	0.59	-0.12	0.13	0.75	0.03	0.9	0.77	0.18	0.12	0.86	0.1
Other Liab	0.07	-0.23	-0.37	-0.2		0.32	-0.36	0.31	0.0	-0.19	0.46	-0.21	0.36	0.39	-0.39	-0.35	0.65	0.15	0.21	0.59	-0.35	0.2	0.11	-0.37	-0.42	0.56
Accounts Payable	0.39	-0.16	-0.1	0.06	0.32		-0.37	-0.34	0.27	-0.05	0.71	-0.58	0.37	0.54	-0.49	-0.17	0.57	-0.08	0.49	0.7	0.09	0.48	0.5	-0.4	-0.12	0.74
Cash	-0.01	0.38	0.49	0.29	-0.36	-0.37		0.09	-0.59	-0.03	-0.44	0.33	-0.44	0.02	0.49	0.34	-0.38	-0.39	-0.25	-0.69	0.4	-0.22	-0.14	0.96	0.55	-0.6
Other Assets	-0.11	-0.04	0.14	0.08	0.31	-0.34	0.09		0.0	-0.07	-0.36	0.6	-0.38	-0.47	0.65	0.24	-0.48	-0.39	-0.2	-0.35	0.09	-0.18	-0.09	0.02	0.2	-0.4
Short Term Investments	0.17	0.22	0.04	-0.01	0.0	0.27	-0.59	0.0		0.15	0.34	0.0	0.17	-0.2	-0.09	-0.36	-0.03	0.13	0.26	0.37	-0.09	0.26	0.08	-0.57	-0.13	0.32
Other Current Assets	-0.13	0.6	0.45	-0.2	-0.19	-0.05	-0.03	-0.07	0.15		0.0	0.28	-0.3	-0.38	0.33	-0.06	-0.29	-0.35	-0.26	-0.16	-0.07	-0.26	-0.03	-0.05	0.03	-0.16
Total Liab	0.72	0.14	0.1	0.32	0.46	0.71	-0.44	-0.36	0.34	0.0		-0.28	0.72	0.71	-0.51	-0.2	0.72	0.44	0.82	0.91	0.18	0.82	0.26	-0.5	0.0	0.94
Intangible Assets	0.16	0.46	0.62	0.39	-0.21	-0.58	0.33	0.6	0.0	0.28	-0.28		-0.29	-0.46	0.81	0.45	-0.67	-0.17	-0.02	-0.47	0.37	0.0	-0.19	0.26	0.57	-0.49
Common Stock	0.62	-0.11	-0.16	0.36	0.36	0.37	-0.44	-0.38	0.17	-0.3	0.72	-0.29		0.64	-0.59	-0.23	0.7	0.67	0.78	0.77	0.02	0.75	0.43	-0.48	-0.1	0.76
Property Plant Equipment	0.61	-0.13	-0.02	0.37	0.39	0.54	0.02	-0.47	-0.2	-0.38	0.71	-0.46	0.64		-0.56	0.02	0.82	0.45	0.66	0.63	0.29	0.65	0.14	-0.06	0.11	0.71
Good Will	0.04	0.4	0.7	0.38	-0.39	-0.49	0.49	0.65	-0.09	0.33	-0.51	0.81	-0.59	-0.56		0.6	-0.87	-0.55	-0.23	-0.74	0.51	-0.2	-0.15	0.38	0.69	-0.73
Treasury Stock	0.33	-0.07	0.5	0.59	-0.35	-0.17	0.34	0.24	-0.36	-0.06	-0.2	0.45	-0.23	0.02	0.6		-0.44	-0.21	0.16	-0.39	0.75	0.17	-0.07	0.23	0.77	-0.35
Long Term Debt	0.26	-0.3	-0.46	-0.12	0.65	0.57	-0.38	-0.48	-0.03	-0.29	0.72	-0.67	0.7	0.82	-0.87	-0.44		0.53	0.44	0.84	-0.27	0.42	0.17	-0.37	-0.44	0.85
Common Stock Shares Outstanding	0.31	-0.18	-0.28	0.13	0.15	-0.08	-0.39	-0.39	0.13	-0.35	0.44	-0.17	0.67	0.45	-0.55	-0.21	0.53		0.46	0.54	-0.08	0.44	-0.33	-0.4	-0.21	0.53
Property Plant And Equipment Net	0.95	0.13	0.3	0.75	0.21	0.49	-0.25	-0.2	0.26	-0.26	0.82	-0.02	0.78	0.66	-0.23	0.16	0.44	0.46		0.67	0.55	1.0	0.31	-0.35	0.38	0.72
Net Debt	0.46	-0.18	-0.3	0.03	0.59	0.7	-0.69	-0.35	0.37	-0.16	0.91	-0.47	0.77	0.63	-0.74	-0.39	0.84	0.54	0.67		-0.15	0.65	0.28	-0.7	-0.35	0.99
Retained Earnings	0.75	0.28	0.77	0.9	-0.35	0.09	0.4	0.09	-0.09	-0.07	0.18	0.37	0.02	0.29	0.51	0.75	-0.27	-0.08	0.55	-0.15		0.56	0.0	0.23	0.93	-0.06
Non Current Assets Total	0.95	0.16	0.32	0.77	0.2	0.48	-0.22	-0.18	0.26	-0.26	0.82	0.0	0.75	0.65	-0.2	0.17	0.42	0.44	1.0	0.65	0.56		0.31	-0.32	0.4	0.7
Non Currrent Assets Other	0.27	-0.04	0.0	0.18	0.11	0.5	-0.14	-0.09	0.08	-0.03	0.26	-0.19	0.43	0.14	-0.15	-0.07	0.17	-0.33	0.31	0.28	0.0	0.31		-0.15	0.04	0.25
Cash And Short Term Investments	-0.17	0.36	0.35	0.12	-0.37	-0.4	0.96	0.02	-0.57	-0.05	-0.5	0.26	-0.48	-0.06	0.38	0.23	-0.37	-0.4	-0.35	-0.7	0.23	-0.32	-0.15		0.37	-0.62
Net Receivables	0.63	0.41	0.87	0.86	-0.42	-0.12	0.55	0.2	-0.13	0.03	0.0	0.57	-0.1	0.11	0.69	0.77	-0.44	-0.21	0.38	-0.35	0.93	0.4	0.04	0.37		-0.27
Non Current Liabilities Total	0.53	-0.14	-0.23	0.1	0.56	0.74	-0.6	-0.4	0.32	-0.16	0.94	-0.49	0.76	0.71	-0.73	-0.35	0.85	0.53	0.72	0.99	-0.06	0.7	0.25	-0.62	-0.27

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Chord Energy Account Relationship Matchups

Chord Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	2.2B	3.0B	6.6B	6.9B	7.3B
Other Current Liab	465.7M	188.9M	1.2B	1.3B	405.4M	306.2M
Total Current Liabilities	602.9M	341.2M	1.2B	1.4B	1.2B	1.2B
Total Stockholder Equity	3.6B	915.9M	1.0B	4.7B	5.1B	5.3B
Other Liab	325.8M	542.1M	180.6M	181.7M	208.9M	123.1M
Accounts Payable	17.9M	2.6M	2.1M	29.1M	34.5M	53.8M
Cash	20.0M	15.9M	172.1M	593.2M	318.0M	333.9M
Other Assets	59.3M	1.0B	74.0M	281.0M	323.1M	339.3M
Other Current Assets	346K	79.5M	1.0B	53.2M	90.9M	90.0M
Total Liab	3.7B	1.1B	1.8B	2.0B	1.8B	1.6B
Common Stock	3.2M	3.2M	200K	438K	456K	885.4K
Property Plant Equipment	7.0B	855.1M	1.3B	4.7B	5.4B	5.7B
Common Stock Shares Outstanding	315.0M	20.1M	20.6M	32.3M	43.4M	82.9M
Property Plant And Equipment Net	7.0B	1.7B	1.3B	4.7B	5.3B	4.5B
Net Debt	2.7B	717.7M	235.0M	(175.7M)	112.6M	107.0M
Retained Earnings	554.4M	(49.9M)	269.7M	1.4B	2.0B	2.1B
Non Current Assets Total	7.1B	1.9B	1.4B	5.1B	5.5B	4.6B
Non Currrent Assets Other	(201.7M)	38.3M	(95.5M)	82.6M	62.7M	59.5M
Cash And Short Term Investments	20.0M	15.9M	172.1M	593.2M	318.0M	172.1M
Net Receivables	371.2M	159.8M	377.2M	781.7M	943.1M	990.3M
Liabilities And Stockholders Equity	7.5B	2.2B	3.0B	6.6B	6.9B	5.3B
Non Current Liabilities Total	3.1B	805.1M	580.0M	590.0M	684.1M	649.9M
Inventory	35.3M	33.9M	29.0M	54.4M	72.6M	76.2M
Other Stockholder Equity	3.1B	965.7M	763.0M	3.2B	3.1B	2.6B
Total Current Assets	437.4M	271.6M	1.6B	1.5B	1.4B	727.9M
Short Long Term Debt Total	2.8B	733.6M	407.1M	417.4M	430.6M	409.1M
Net Tangible Assets	3.6B	915.9M	1.0B	4.7B	4.2B	2.2B

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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:

How To Invest In Chord

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Is Chord Stock a good investment?

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What is Chord Energy's Net Worth?

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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.

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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

19.31

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.

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Chord Income Before Tax vs Interest Expense Analysis

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Expense

Chord Energy fundamental ratios Correlations

Chord Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chord Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Net Debt
Cash And Short Term Investments	+ 0.96	Cash
Property Plant And Equipment Net	+ 0.95	Total Assets
Non Current Assets Total	+ 0.95	Total Assets
Non Current Liabilities Total	+ 0.94	Total Liab

Long Term Debt	- 0.87	Good Will
Net Debt	- 0.74	Good Will
Non Current Liabilities Total	- 0.73	Good Will
Cash And Short Term Investments	- 0.7	Net Debt
Net Debt	- 0.69	Cash
Long Term Debt	- 0.67	Intangible Assets