Chord Energy (CHRD) FY2024 results: revenue $5.3 billion, up 34.8% on the year
Chord Energy Corp. (CHRD) reported revenue of $5.3 billion for fiscal 2024, the year ended 31 December 2024, up 34.8% on the year before. Net income was $849 million, down 17.1%, and diluted earnings per share $16.02. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2025.
Revenue
$5.3 billion
+34.8% on the year
FY2017FY2024
Operating margin
20.9%
32.7% a year earlier
FY2017FY2024
Net income
$849 million
-17.1% on the year
FY2017FY2024
Diluted EPS
$16.02
-31.9% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,097
1,820
1,924
+15.2%
Cash from investing
-1,754
-1,430
-683
Cash from financing
-624
-665
-823
Depreciation and amortisation
1,108
599
370
+85.1%
Share-based compensation
23.0
46.1
61.3
-50.1%
Buybacks
444
239
152
+85.6%
Dividends paid
530
500
655
+5.9%
Dividend per share
$10.15
$11.88
$27.03
-14.6%
Diluted shares, weighted
53m
43m
32m
+21.5%
Shares outstanding at period end
60m
41m
41m
+45.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
8,702
5,077
4,680
+71.4%
Non-controlling interest
n/a
n/a
0.0
Debt
843
396
394
+112.8%
Operating lease liabilities
15.2
18.7
13.3
-18.6%
Finance lease liabilities
3.6
1.9
0.8
+92.1%
Other liabilities
3,468
1,433
1,543
+142.0%
Total liabilities and equity
13,032
6,926
6,631
+88.2%
Fixed assets
10,686
5,315
4,711
+101.1%
Goodwill
531
0.0
n/a
Cash and equivalents
37.0
318
593
-88.4%
Receivables
1,299
943
782
+37.7%
Inventory
94.3
72.6
54.4
+30.0%
Other assets
385
278
490
+38.6%
Total assets
13,032
6,926
6,631
+88.2%
10-K for the year ended 31 December 2024, filed 27 February 2025: the filing.