Chord Energy (CHRD) FY2021 results: revenue $1.6 billion, up 45.8% on the year
Chord Energy Corp. (CHRD) reported revenue of $1.6 billion for fiscal 2021, the year ended 31 December 2021, up 45.8% on the year before. Net income was $320 million, and diluted earnings per share $15.48. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$1.6 billion
+45.8% on the year
FY2016FY2021
Operating margin
51.2%
-449.8% a year earlier
FY2016FY2021
Net income
$320 million
FY2016FY2021
Diluted EPS
$15.48
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
914
298
893
+206.6%
Cash from investing
-921
-102
-829
Cash from financing
161
-196
-66.3
Depreciation and amortisation
158
307
787
-48.5%
Share-based compensation
15.5
31.6
33.6
-51.0%
Buybacks
100
0.0
n/a
Dividends paid
112
0.0
0.0
Diluted shares, weighted
21m
n/a
315m
Shares outstanding at period end
19m
20m
321m
-4.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,033
916
3,636
+12.8%
Non-controlling interest
189
96.8
201
+94.9%
Debt
393
260
2,712
+51.0%
Operating lease liabilities
6.7
1.6
17.9
+312.8%
Finance lease liabilities
0.2
1.4
4.0
-86.7%
Other liabilities
1,406
883
929
+59.1%
Total liabilities and equity
3,027
2,159
7,499
+40.2%
Fixed assets
1,320
848
6,978
+55.7%
Goodwill
n/a
70.5
0.0
Intangible assets
n/a
43.7
0.0
Cash and equivalents
172
10.7
20.0
+1,507.2%
Receivables
377
202
371
+86.5%
Inventory
29.0
21.6
35.3
+33.9%
Other assets
1,128
962
95.0
+17.2%
Total assets
3,027
2,159
7,499
+40.2%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.