Chord Energy (CHRD) Gross Margin (2017 - 2026)
Chord Energy (CHRD) reported Gross Margin of 69.09% for Q2 2026, down 11.28 percentage points from 80.37% a year earlier and down 0.31 percentage points from the prior quarter.
Chord Energy (CHRD) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Chord Energy's Gross Margin came in at 71.30%, down 8.64 percentage points year-over-year; for FY2025, it came in at 80.01%, up 6.90 percentage points from FY2024.
- Gross Margin has a five-year change of +7.89 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 73.10% in FY2024 (-7.36 pp), 80.46% in FY2023 (-1.11 pp), 81.57% in FY2022 (+5.62 pp) and 75.95% in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q1 2024.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -1.78 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2025 (a gain of 21.77 percentage points); the low point was Q1 2026 (a drop of 21.44 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 69.39% (Q1 2026), 75.11% (Q4 2025) and 74.01% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.83% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 47.75% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Chord Energy | 7.46 Bn | 5.80 Bn | 1.50 Bn | 69.09% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.09% |
| Mar 31, 2026 | 69.39% |
| Dec 31, 2025 | 75.11% |
| Sep 30, 2025 | 74.01% |
| Jun 30, 2025 | 80.37% |
| Mar 31, 2025 | 90.83% |
| Dec 31, 2024 | 73.15% |
| Sep 30, 2024 | 77.27% |
| Jun 30, 2024 | 71.73% |
| Mar 31, 2024 | 69.06% |
| Dec 31, 2023 | 86.12% |
| Sep 30, 2023 | 74.93% |
| Jun 30, 2023 | 76.29% |
| Mar 31, 2023 | 85.54% |
| Dec 31, 2022 | 87.63% |
| Sep 30, 2022 | 88.84% |
| Jun 30, 2022 | 68.07% |
| Mar 31, 2022 | 75.25% |
| Dec 31, 2021 | 80.03% |
| Sep 30, 2021 | 76.73% |
Chord Energy Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CHRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CHRD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CHRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();