Chord Energy (CHRD) Gross Margin (2011 - 2026)
Chord Energy's (CHRD) quarterly Gross Margin came in at 69.09% in Q2 2026, down 1128.0% year-over-year from 6.72% in Q2 2025, and little changed quarter-over-quarter from 69.39% in Q1 2026.
Analysis
Chord Energy (CHRD) Gross Margin (2011 - 2026) Analysis & Trends
Chord Energy (CHRD) has reported Gross Margin for 16 consecutive years, with 69.09% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 1128.0% year-over-year to 69.09% in Q2 2026; TTM through Jun 2026 was 71.3%, a 864.0% decrease from a year earlier, with the FY2025 full-year figure at 80.01%, up 690.0% from the prior year.
- Gross Margin was 69.09% for Q2 2026 at Chord Energy, roughly flat from 69.39% in the prior quarter.
- Over five years, Gross Margin peaked at 97.01% in Q3 2022 and troughed at 34.84% in Q4 2023.
- A 5-year average of 83.58% and a median of 92.91% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 6104 bps in 2023 and surged 3831 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 95.88% in 2022, then sank by 64 bps to 34.84% in 2023, then surged by 110 bps to 73.15% in 2024, then advanced by 3 bps to 75.11% in 2025, then declined by 8 bps to 69.09% in 2026.
- The last three Gross Margin figures came in at 69.09% (Q2 2026), 69.39% (Q1 2026), and 75.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 65.62% |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 82.99% |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 99.84% |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 81.22% |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | 78.58% |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 93.93% |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | 94.91% |
| 10 | Chord Energy | 8.39 Bn | 7.73 Bn | 1.50 Bn | 69.09% |
Historic Data
Download Data
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 | 94.99% |
| Mar 31, 2024 | 95.03% |
| Dec 31, 2023 | 34.84% |
| Sep 30, 2023 | 95.34% |
| Jun 30, 2023 | 95.24% |
| Mar 31, 2023 | 95.87% |
| Dec 31, 2022 | 95.88% |
| Sep 30, 2022 | 97.01% |
| Jun 30, 2022 | 95.97% |
| Mar 31, 2022 | 95.04% |
| Dec 31, 2021 | 93.92% |
| Sep 30, 2021 | 91.86% |