Chord Energy Corp (CHRD) financial statements: income statement, balance sheet and cash flow
Chord Energy Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Chord Energy Corp reported revenue of $4.9B (-7.1% year on year) and net income of $44.5M (-94.8% year on year).
Income statement
Chord Energy Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total revenues
$4.9B
$5.3B
$3.9B
$3.6B
Lease operating expenses
$982.6M
$824.4M
$658.9M
$443.4M
Gathering, processing and transportation expenses
$290.9M
$267.6M
$180.2M
$141.6M
Purchased oil and gas expenses
$975.1M
$1.4B
$761.3M
$672.1M
Production taxes
$291.9M
$333.4M
$260.0M
$229.6M
Depreciation, depletion and amortization
$1.5B
$1.1B
$598.6M
$369.7M
General and administrative expenses
$126.3M
$205.6M
$126.3M
$209.3M
Impairment and exploration
$551.4M
$17.0M
$35.3M
$2.2M
Total operating expenses
$4.7B
$4.2B
$2.6B
$2.1B
Gain (loss) on sale of assets, net
$8.7M
$17.1M
($2.8M)
$4.9M
Operating income
$197.4M
$1.1B
$1.3B
$1.6B
Net gain on derivative instruments
$127.6M
$12.6M
$63.2M
($208.1M)
Net gain (loss) from investment in equity securities
($13.0M)
$51.3M
$21.3M
$34.4M
Interest expense, net of capitalized interest
($80.2M)
($56.5M)
($28.6M)
($29.3M)
Loss on debt extinguishment
($3.5M)
—
—
$0
Other income, net
$15.0M
$5.0M
$10.0M
$2.9M
Total other income, net
$46.1M
$12.4M
$65.8M
($200.2M)
Income before income taxes
$243.5M
$1.1B
$1.3B
$1.4B
Income tax expense
($199.0M)
($263.8M)
($315.2M)
$46.9M
Net income
$44.5M
$848.6M
$1.0B
$1.9B
Basic (in dollars per share)
$0.74
$16.32
$24.59
$60.86
Diluted (in dollars per share)
$0.74
$16.02
$23.51
$57.55
Basic (in shares)
57.8M
51.8M
41.5M
30.5M
Diluted (in shares)
57.9M
52.7M
43.4M
32.3M
Chord Energy Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Total revenues
$2.2B
$1.7B
$1.3B
$1.2B
Lease operating expenses
$267.8M
$244.9M
$248.6M
$257.0M
Gathering, processing and transportation expenses
$62.8M
$67.0M
$73.1M
$74.1M
Purchased oil and gas expenses
$671.7M
$509.8M
$340.9M
$231.7M
Production taxes
$125.9M
$86.7M
$79.5M
$69.0M
Depreciation, depletion and amortization
$409.2M
$384.2M
$374.9M
$377.0M
General and administrative expenses
$29.9M
$37.5M
$21.9M
$32.5M
Impairment and exploration
$2.7M
—
$2.0M
$541.9M
Total operating expenses
$1.6B
$1.3B
$1.1B
$1.6B
Gain (loss) on sale of assets, net
($4.0K)
$343.0K
($365.0K)
($522.0K)
Operating income (loss)
$602.7M
$333.2M
$170.8M
($403.2M)
Net gain (loss) on derivative instruments
$107.9M
($241.5M)
$20.7M
$82.2M
Net gain (loss) from investment in equity securities
$1.1M
$22.8M
($4.6M)
($962.0K)
Interest expense, net of capitalized interest
($26.7M)
($26.6M)
($18.7M)
($18.8M)
Loss on debt extinguishment
$0
$0
$0
$0
Other income, net
$2.2M
$6.3M
$2.1M
$5.0M
Total other income (expense), net
$84.5M
($238.9M)
($493.0K)
$67.5M
Income (loss) before income taxes
$687.3M
$94.3M
$170.3M
($335.7M)
Income tax expense
($162.1M)
$14.3M
($40.2M)
($54.2M)
Net income (loss)
$525.2M
$108.6M
$130.1M
($389.9M)
Basic (in dollars per share)
$9.30
$1.90
$2.26
-$6.71
Diluted (in dollars per share)
$9.28
$1.90
$2.26
-$6.77
Basic (in shares)
56.0M
56.7M
57.2M
57.8M
Diluted (in shares)
56.6M
56.8M
57.2M
57.8M
Balance sheet
Chord Energy Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$189.5M
$37.0M
$318.0M
$593.2M
Accounts receivable, net
$1.1B
$1.3B
$943.1M
$781.7M
Inventory
$115.7M
$94.3M
$72.6M
$54.4M
Prepaid expenses
$33.8M
$30.9M
$42.5M
$17.6M
Derivative instruments
$77.3M
$35.9M
$37.4M
$23.7M
Other current assets
$5.1M
$82.1M
$11.1M
$11.9M
Total current assets
$1.5B
$1.6B
$1.4B
$1.5B
Oil and gas properties (successful efforts method)
$14.8B
$12.8B
$6.3B
$5.1B
Other property and equipment
$60.4M
$58.2M
$49.1M
$73.0M
Less: accumulated depreciation, depletion and amortization
($3.6B)
($2.1B)
($1.1B)
($481.8M)
Total property, plant and equipment, net
$11.3B
$10.7B
$5.3B
$4.7B
Derivative instruments
$8.4M
$5.6M
$22.5M
$38.0M
Investment in equity securities
$119.7M
$142.2M
$100.2M
$130.6M
Long-term inventory
$30.8M
$26.0M
$22.9M
$22.0M
Operating right-of-use assets
$12.7M
$38.0M
$21.3M
$23.9M
Goodwill
$0
$530.6M
—
—
Other assets
$28.1M
$24.3M
$19.9M
$22.6M
Total assets
$13.1B
$13.0B
$6.9B
$6.6B
Accounts payable
$41.8M
$68.8M
$34.5M
$29.1M
Revenues and production taxes payable
$618.3M
$752.7M
$604.7M
$608.0M
Accrued liabilities
$735.4M
$732.3M
$493.4M
$362.5M
Accrued interest payable
$28.6M
$4.7M
$2.2M
$3.2M
Current operating lease liabilities
$14.7M
$37.6M
$13.3M
$9.9M
Other current liabilities
$11.9M
$84.2M
$916.0K
$3.5M
Total current liabilities
$1.5B
$1.7B
$1.2B
$1.4B
Long-term debt
$1.5B
$842.6M
$395.9M
$394.2M
Deferred tax liabilities
$1.6B
$1.5B
$95.3M
$0
Asset retirement obligations
$432.8M
$282.4M
$155.0M
$146.0M
Derivative instruments
$0
$1.2M
$14.2M
$341.5M
Operating lease liabilities
$10.5M
$15.2M
$18.7M
$13.3M
Other liabilities
$5.0M
$8.2M
$18.4M
$33.6M
Total liabilities
$5.0B
$4.3B
$1.8B
$2.0B
Common stock, $0.01 par value: 240,000,000 shares authorized, 67,150,747 shares issued and 56,762,243 shares outstanding at December 31, 2025; and 240,000,000 shares authorized, 66,967,779 shares issued and 60,070,893 shares outstanding at December 31, 2024
675.0K
673.0K
456.0K
438.0K
Treasury stock, at cost: 10,388,504 shares at December 31, 2025 and 6,896,886 shares at December 31, 2024
-1.3B
-936.2M
-493.3M
-251.9M
Additional paid-in capital
$7.3B
$7.3B
$3.6B
$3.5B
Retained earnings
$2.0B
$2.3B
$2.0B
$1.4B
Total stockholders’ equity
$8.1B
$8.7B
$5.1B
$4.7B
Total liabilities and stockholders’ equity
$13.1B
$13.0B
$6.9B
$6.6B
Chord Energy Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$611.6M
$225.8M
$629.2M
$40.5M
Accounts receivable, net
$1.3B
$1.4B
$1.2B
$1.3B
Inventory
$121.4M
$100.2M
$108.5M
$102.0M
Prepaid expenses
$29.2M
$30.2M
$27.7M
$17.9M
Derivative instruments
$49.6M
$1.2M
$86.2M
$82.1M
Other current assets
$5.3M
$3.7M
$2.2M
$2.2M
Total current assets
$2.2B
$1.7B
$2.1B
$1.5B
Oil and gas properties (successful efforts method)
$15.6B
$15.2B
$13.9B
$13.6B
Other property and equipment
$60.5M
$60.5M
$60.0M
$59.9M
Less: accumulated depreciation, depletion and amortization
($4.3B)
($4.0B)
($3.2B)
($2.9B)
Total property, plant and equipment, net
$11.3B
$11.3B
$10.8B
$10.8B
Derivative instruments
$10.1M
$3.5M
$4.9M
$8.0M
Investment in equity securities
$138.8M
$140.1M
$124.6M
$131.6M
Long-term inventory
$26.1M
$26.4M
$29.1M
$26.4M
Operating right-of-use assets
$10.5M
$9.0M
$17.3M
$23.8M
Other assets
$38.2M
$28.9M
$78.2M
$22.6M
Total assets
$13.7B
$13.2B
$13.1B
$12.5B
Accounts payable
$151.9M
$90.8M
$61.6M
$74.0M
Revenues and production taxes payable
$817.4M
$716.1M
$671.0M
$681.5M
Accrued liabilities
$706.8M
$686.3M
$761.4M
$760.7M
Accrued interest payable
$28.2M
$4.3M
$5.2M
$18.6M
Derivative instruments
$16.1M
$154.4M
$0
$342.0K
Current operating lease liabilities
$7.6M
$11.1M
$24.6M
$29.4M
Other current liabilities
$36.7M
$10.1M
$1.8M
$9.4M
Total current liabilities
$1.8B
$1.7B
$1.5B
$1.6B
Long-term debt
$1.5B
$1.5B
$1.5B
$918.9M
Deferred tax liabilities
$1.7B
$1.6B
$1.6B
$1.5B
Asset retirement obligations
$432.0M
$428.8M
$400.4M
$392.7M
Derivative instruments
$2.8M
$10.2M
$1.1M
$2.5M
Operating lease liabilities
$13.9M
$9.6M
$5.8M
$8.2M
Other liabilities
$8.4M
$5.7M
$6.4M
$5.9M
Total liabilities
$5.4B
$5.2B
$5.0B
$4.5B
Common stock, $0.01 par value: 240,000,000 shares authorized, 67,249,231 shares issued and 55,197,317 shares outstanding at June 30, 2026; and 240,000,000 shares authorized, 67,150,747 shares issued and 56,762,243 shares outstanding at December 31, 2025
676.0K
676.0K
675.0K
675.0K
Treasury stock, at cost: 12,051,914 shares at June 30, 2026 and 10,388,504 shares at December 31, 2025
-1.5B
-1.4B
-1.3B
-1.2B
Additional paid-in capital
$7.4B
$7.3B
$7.3B
$7.3B
Retained earnings
$2.5B
$2.1B
$2.0B
$2.0B
Total stockholders’ equity
$8.4B
$8.0B
$8.1B
$8.1B
Total liabilities and stockholders’ equity
$13.7B
$13.2B
$13.1B
$12.5B
Cash flow statement
Chord Energy Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$44.5M
—
—
—
Depreciation, depletion and amortization
$1.5B
$1.1B
$598.6M
$369.7M
Loss on debt extinguishment
$3.5M
—
—
$0
(Gain) loss on sale of assets
($8.7M)
($17.1M)
$2.8M
($523.8M)
Impairment
$539.3M
$9.8M
$29.0M
($344.0K)
Deferred income taxes
$119.4M
$221.9M
$295.5M
$28.3M
Net (gain) loss from investment in equity securities
$13.0M
($51.3M)
($21.3M)
($34.4M)
Net gain on derivative instruments
($127.6M)
($12.6M)
($63.2M)
$208.1M
Equity-based compensation expenses
$25.7M
$23.0M
$46.1M
$61.3M
Deferred financing costs amortization and other
($31.3M)
$1.1M
$505.0K
$3.2M
Change in accounts receivable, net
$181.9M
($7.7M)
($147.9M)
$84.0M
Change in inventory
($16.8M)
($14.3M)
($12.7M)
$8.8M
Change in prepaid expenses
($3.2M)
$10.8M
($1.2M)
$3.4M
Change in accounts payable, interest payable and accrued liabilities
($165.0M)
$30.0M
$78.3M
($131.7M)
Change in other assets and liabilities, net
($4.1M)
($52.9M)
($8.4M)
($11.1M)
Net cash provided by operating activities
$2.0B
$2.1B
$1.8B
$1.9B
Capital expenditures
($1.3B)
($1.2B)
($905.7M)
($531.3M)
Acquisitions, net of cash acquired
($575.7M)
($655.0M)
($361.6M)
($148.1M)
Proceeds from divestitures, net of cash divested
$24.8M
$60.7M
$54.4M
$169.2M
Derivative settlements
$56.3M
($12.7M)
($268.9M)
($633.0M)
Proceeds from sale of investment in equity securities
$0
$0
$40.6M
$428.2M
Contingent consideration received
$25.0M
$25.0M
—
—
Distributions from investment in equity securities
$11.6M
$7.2M
$10.8M
$43.9M
Net cash used in investing activities
($1.8B)
($1.8B)
($1.4B)
($682.6M)
Proceeds from revolving credit facility
$3.8B
$3.5B
$260.0M
$1.0B
Principal payments on revolving credit facility
($4.3B)
($3.1B)
($260.0M)
($1.0B)
Repurchase of senior unsecured notes
($401.4M)
—
—
$0
Issuance of senior notes
$1.5B
—
$0
$0
Deferred financing costs
($29.4M)
($3.3M)
$0
($6.0M)
Repurchases of common stock
($364.9M)
($444.2M)
($239.3M)
($151.9M)
Tax withholding on vesting of equity-based awards
($22.1M)
($63.4M)
($14.6M)
($41.8M)
Dividends paid
($317.8M)
($529.9M)
($500.3M)
($654.7M)
Payments on finance lease liabilities
($1.9M)
($1.5M)
($1.7M)
($1.3M)
Proceeds from warrants exercised
$408.0K
$35.8M
$91.3M
$19.8M
Net cash used in financing activities
($82.1M)
($624.5M)
($664.7M)
($823.1M)
Increase (decrease) in cash and cash equivalents
$152.6M
($281.0M)
($275.2M)
$418.4M
Beginning of period
$37.0M
$318.0M
$593.2M
$174.8M
End of period
$189.5M
$37.0M
$318.0M
$593.2M
Cash paid for interest, net of capitalized interest
$51.7M
$49.5M
$26.4M
$24.3M
Change in accrued capital expenditures
$7.5M
$43.2M
$45.5M
($21.7M)
Change in asset retirement obligations
$152.4M
$6.2M
$1.2M
$852.0K
Non-cash consideration exchanged in business combinations
$0
$3.7B
$0
$2.6B
Dividends payable
$1.4M
$16.7M
$37.6M
$30.6M
Chord Energy Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
$633.8M
$108.6M
($40.0M)
($170.1M)
Depreciation, depletion and amortization
$793.5M
$384.2M
$1.1B
$726.8M
Loss on debt extinguishment
$0
$0
$3.5M
$3.5M
Gain on sale of assets
($339.0K)
($343.0K)
($4.6M)
($5.0M)
Impairment
$30.0K
—
$539.3M
$539.3M
Deferred income taxes
$41.1M
($33.1M)
$106.7M
$49.0M
Net (gain) loss on derivative instruments
$133.6M
$241.5M
($82.7M)
($62.0M)
Net (gain) loss from investment in equity securities
($24.0M)
($22.8M)
$10.5M
$5.9M
Equity-based compensation expenses
$16.8M
$8.0M
$19.5M
$13.0M
Settlement of asset retirement obligations
($17.9M)
($9.8M)
—
—
Deferred financing costs amortization and other
($12.0M)
($3.1M)
($19.3M)
($11.3M)
Change in accounts receivable, net
($243.0M)
($264.8M)
$71.4M
$4.5M
Change in inventory
($5.9M)
$15.0M
($12.3M)
($5.7M)
Change in prepaid expenses
$4.1M
$4.6M
$4.7M
$5.5M
Change in accounts payable, interest payable and accrued liabilities
$284.8M
$81.7M
($56.0M)
($20.0M)
Change in other assets and liabilities, net
$19.1M
($2.2M)
($6.7M)
$3.3M
Net cash provided by operating activities
$1.6B
$507.5M
$1.6B
$1.1B
Capital expenditures
($755.5M)
($351.3M)
($1.0B)
($704.4M)
Acquisitions
($8.7M)
($5.0M)
($27.4M)
($26.2M)
Proceeds from divestitures
$326.0K
$326.0K
$10.7M
$6.9M
Derivative settlements
($88.8M)
$4.1M
$32.0M
$14.1M
Contingent consideration received
$25.0M
$25.0M
$25.0M
$25.0M
Distributions from investment in equity securities