CHRD (Chord Energy) ROCE % : 9.75% (As of Dec. 2024)

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What is Chord Energy ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Chord Energy's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.75%.

Chord Energy ROCE % Historical Data

The historical data trend for Chord Energy's ROCE % 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 ROCE % Chart

Chord Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-88.60

12.09

39.96

24.80

13.67

Chord Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															28.09	18.33	14.08	11.35	9.75

Chord Energy ROCE % Calculation

Chord Energy's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1168.961	/	( ( (6926.15 - 1165.459)	+	(13032.007 - 1683.978) )	/ 2 )
	=	1168.961	/	( (5760.691	+	11348.029)	/ 2 )
	=	1168.961	/	8554.36
	=	13.67 %

Chord Energy's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1107.436	/	( ( (13034.163 - 1661.78)	+	(13032.007 - 1683.978) )	/ 2 )
	=	1107.436	/	( ( 11372.383	+	11348.029 )	/ 2 )
	=	1107.436	/	11360.206
	=	9.75 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Chord Energy (NAS:CHRD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Chord Energy ROCE % Related Terms

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Chord Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chord Energy Corp (NAS:CHRD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CHRD:Mexico 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

Shannon Browning Kinney	officer: EVP, GC and Corp Secretary	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Douglas E Brooks	director	707 - 17TH STREET, SUITE 3600, DENVER CO 80202
Samantha Holroyd	director	1711 MARAVILLA DR., HOUSTON TX 77055
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
Lancaster N John Jr	director	712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
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
Daniel E Brown	director, officer: See Remarks	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
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
Michael Scott Regan	officer: See Remarks	1700 LINCOLN, SUITE 4700, DENVER CO 80203