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Chord Energy (Chord Energy) Debt-to-Equity : 0.11 (As of Dec. 2023)


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What is Chord Energy Debt-to-Equity?

Chord Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $121 Mil. Chord Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $415 Mil. Chord Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,077 Mil. Chord Energy's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Chord Energy's Debt-to-Equity or its related term are showing as below:

CHRD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.31   Max: 0.76
Current: 0.11

During the past 6 years, the highest Debt-to-Equity Ratio of Chord Energy was 0.76. The lowest was 0.11. And the median was 0.31.

CHRD's Debt-to-Equity is ranked better than
81.81% of 830 companies
in the Oil & Gas industry
Industry Median: 0.44 vs CHRD: 0.11

Chord Energy Debt-to-Equity Historical Data

The historical data trend for Chord Energy's Debt-to-Equity 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.

* Premium members only.

Chord Energy Debt-to-Equity Chart

Chord Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.76 0.31 0.42 0.11 0.11

Chord Energy Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.11 0.11 0.11 0.11

Competitive Comparison of Chord Energy's Debt-to-Equity

For the Oil & Gas E&P subindustry, Chord Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chord Energy's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chord Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Chord Energy's Debt-to-Equity falls into.



Chord Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Chord Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Chord Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Chord Energy  (NAS:CHRD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Chord Energy Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Chord Energy's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Chord Energy (Chord Energy) Business Description

Traded in Other Exchanges
Address
1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002
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