Chord Energy (CHRD) FY2022 results: revenue $3.6 billion, up 130.8% on the year
Chord Energy Corp. (CHRD) reported revenue of $3.6 billion for fiscal 2022, the year ended 31 December 2022, up 130.8% on the year before. Net income was $1.9 billion, up 480.8%, and diluted earnings per share $57.55. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2023.
Revenue
$3.6 billion
+130.8% on the year
FY2016FY2022
Operating margin
43.4%
51.2% a year earlier
FY2016FY2022
Net income
$1.9 billion
+480.8% on the year
FY2016FY2022
Diluted EPS
$57.55
+271.8% on the year
FY2016FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,924
914
298
+110.5%
Cash from investing
-683
-921
-102
Cash from financing
-823
161
-196
Depreciation and amortisation
370
158
307
+133.5%
Share-based compensation
61.3
15.5
31.6
+295.9%
Buybacks
152
100
0.0
+51.9%
Dividends paid
655
112
0.0
+485.1%
Dividend per share
$27.03
n/a
n/a
Diluted shares, weighted
32m
21m
n/a
+56.2%
Shares outstanding at period end
41m
19m
20m
+115.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
4,680
1,033
916
+353.1%
Non-controlling interest
0.0
189
96.8
Debt
394
393
260
+0.4%
Operating lease liabilities
13.3
6.7
1.6
+97.3%
Finance lease liabilities
0.8
0.2
1.4
+338.3%
Other liabilities
1,543
1,406
883
+9.8%
Total liabilities and equity
6,631
3,027
2,159
+119.1%
Fixed assets
4,711
1,320
848
+256.8%
Goodwill
n/a
n/a
70.5
Intangible assets
n/a
n/a
43.7
Cash and equivalents
593
172
10.7
+244.6%
Receivables
782
377
202
+107.2%
Inventory
54.4
29.0
21.6
+87.9%
Other assets
490
1,128
962
-56.5%
Total assets
6,631
3,027
2,159
+119.1%
10-K for the year ended 31 December 2022, filed 28 February 2023: the filing.