Chord Energy (Chord Energy) COGS-to-Revenue : 0.61 (As of Dec. 2023)

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What is Chord Energy COGS-to-Revenue?

Chord Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $587 Mil. Its Revenue for the three months ended in Dec. 2023 was $965 Mil.

Chord Energy's COGS to Revenue for the three months ended in Dec. 2023 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Chord Energy's Gross Margin % for the three months ended in Dec. 2023 was 39.13%.

Chord Energy COGS-to-Revenue Historical Data

The historical data trend for Chord Energy's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chord Energy COGS-to-Revenue Chart

Chord Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.96

0.78

0.58

0.51

0.63

Chord Energy Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial														0.53	0.57	0.67	0.66	0.61

Chord Energy COGS-to-Revenue Calculation

Chord Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2459.046	/	3896.641
	=	0.63

Chord Energy's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	587.209	/	964.685
	=	0.61

Chord Energy (NAS:CHRD) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Chord Energy's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	587.209 / 964.685
	=	39.13 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Chord Energy COGS-to-Revenue Related Terms

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Chord Energy (Chord Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chord Energy Corp (NAS:CHRD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

WLLAW:USA OS70:Germany

Address

1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002

Website

https://www.chordenergy.com

Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.

Executives

Michael H Lou	officer: See Remarks	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Paul Korus	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Charles J. Rimer	officer: See Remarks	NOBLE ENERGY INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Lynn A Peterson	director, officer: Executive Chair	1625 BROADWAY, SUITE 250, DENVER CO 80202
Shannon Browning Kinney	officer: EVP, GC and Corp Secretary	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Samantha Holroyd	director	1711 MARAVILLA DR., HOUSTON TX 77055
John David Jacobi	director	5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Robert Joseph Mcnally	director	625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Anne Taylor	director	800 GESSNER, SUITE 500, HOUSTON TX 77024
Lancaster N John Jr	director	712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
Kevin S Mccarthy	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Susan M Cunningham	director	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Taylor L Reid	officer: President and COO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Daniel E Brown	director, officer: See Remarks	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Nickolas J Lorentzatos	officer: Executive VP, GC & Corp. Sec.	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002