Chord Energy Corp
CHRD · Crude Petroleum & Natural Gas · 56.3M shares · -39%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $193M (gross $239M, SBC $46M)
Reference price $145.97 · est. market cap ~$8.2B — last insider sale, 2026-05-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C65Williston-focused E&P with strong cash flow and a clean balance sheet but a sharply depressed earnings year.
Strengths
- Strong operating cash generation (OCF margin 41.8%) and cash ($189M, 84th pct); low leverage (D/E 0.18, 30th pct)
- Returned capital aggressively — $5.20 base dividend plus $364M buybacks
Risks
- Net income fell 95% on lower oil prices and a goodwill impairment; ROE 0.55%, ROA 0.34% near sector median
- Concentrated in the Williston Basin and exposed to crude price volatility
Notable findings
- Strong balance sheetStrong balance sheet — $190M cash & investments
- Buying back stockNet buyback — share count -39%/yr over 4y
- Insider sellingInsider selling — 10 open-market sale(s) by 6 insider(s) (cluster of 6 insiders, ~$5M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
80.0%
Operating margin
4.0%
Net margin
0.9%
Return on equity
0.6%
Return on assets
0.3%
ROIC
1.6%
Revenue growth (QoQ)
42.4%
Debt / equity
0.2×
Net debt / EBITDA
0.8×
Current ratio
1.1×
EBITDA
$1.7B
Tangible book value
$8.1B
Cash & investments
$190M
Stock comp / revenue
0.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Dundas Ian C | Gift | 72K | — |
| 2026-05-15 | Henke Darrin J. | Sell | 1.3K | $145.97 |
| 2026-05-11 | Brooks Douglas E | Sell | 1.5K | $138.57 |
| 2026-05-08 | Brooks Douglas E | Sell | 3.5K | $136.71 |
| 2026-05-07 | Brooks Douglas E | Sell | 3.0K | $137.79 |
| 2026-04-29 | Taylor Anne | Grant | 1.5K | — |
| 2026-04-29 | Brooks Douglas E | Grant | 1.5K | — |
| 2026-04-29 | Woung-Chapman Marguerite | Grant | 1.5K | — |
| 2026-04-29 | Sheets Jeffrey Wayne | Grant | 1.5K | — |
| 2026-04-29 | McCarthy Kevin S | Grant | 1.5K | — |
| 2026-04-29 | CUNNINGHAM SUSAN M | Grant | 2.1K | — |
| 2026-04-29 | Polzin Ward | Grant | 1.5K | — |
| 2026-04-29 | Foulkes Hilary A | Grant | 1.5K | — |
| 2026-04-29 | Dundas Ian C | Grant | 1.5K | — |
| 2026-04-29 | McKinney Samantha | Grant | 1.5K | — |
| 2026-03-13 | Robuck Richard N | Sell | 5.0K | $121.75 |
| 2026-03-12 | Lou Michael H | Sell | 15K | $125.44 |
| 2026-03-12 | Lou Michael H | Sell | 497 | $126.28 |
| 2026-03-06 | Brooks Douglas E | Sell | 2.1K | $120.28 |
| 2026-03-04 | Robuck Richard N | Tax withheld | 560 | $112.34 |
| 2026-03-03 | Kroll Lara J | Sell | 5.0K | $113.66 |
| 2026-03-03 | Kinney Shannon Browning | Sell | 1.8K | $114.36 |
| 2026-02-20 | Brown Daniel E | Tax withheld | 1.4K | $104.99 |
| 2026-02-20 | Lou Michael H | Tax withheld | 679 | $104.99 |
| 2026-02-20 | Kroll Lara J | Tax withheld | 193 | $104.99 |
| 2026-02-20 | Kinney Shannon Browning | Tax withheld | 509 | $104.99 |
| 2026-02-20 | Henke Darrin J. | Tax withheld | 642 | $104.99 |
| 2026-02-01 | Henke Darrin J. | Tax withheld | 215 | $100.24 |
| 2026-01-23 | Henke Darrin J. | Grant | 11K | — |
| 2026-01-23 | Lou Michael H | Grant | 12K | — |
| 2026-01-23 | Kroll Lara J | Grant | 3.2K | — |
| 2026-01-23 | Brown Daniel E | Grant | 21K | — |
| 2026-01-23 | Kinney Shannon Browning | Grant | 8.6K | — |
| 2026-01-23 | Robuck Richard N | Grant | 11K | — |
| 2026-01-22 | Lou Michael H | Tax withheld | 1.1K | $95.17 |
| 2026-01-22 | Kroll Lara J | Tax withheld | 340 | $95.17 |
| 2026-01-22 | Kinney Shannon Browning | Tax withheld | 794 | $95.17 |
| 2026-01-22 | Henke Darrin J. | Tax withheld | 1.1K | $95.17 |
| 2026-01-22 | Robuck Richard N | Tax withheld | 1.0K | $95.17 |
| 2026-01-22 | Brown Daniel E | Tax withheld | 2.0K | $95.17 |
| 2026-01-01 | Lou Michael H | Tax withheld | 1.6K | $92.70 |
| 2026-01-01 | Brown Daniel E | Tax withheld | 3.0K | $92.70 |
| 2025-11-07 | Holroyd Samantha | Buy | 1.2K | $85.50 |
| 2025-08-22 | Kinney Shannon Browning | Sell | 3.0K | $105.43 |
| 2025-08-14 | Kinney Shannon Browning | Sell | 1.0K | $101.64 |
| 2025-08-01 | Kinney Shannon Browning | Tax withheld | 2.6K | $110.33 |
| 2025-05-31 | Dundas Ian C | Tax withheld | 5.2K | $90.00 |
| 2025-05-08 | Kinney Shannon Browning | Sell | 3.1K | $94.10 |
| 2025-04-30 | CUNNINGHAM SUSAN M | Grant | 2.8K | — |
| 2025-04-30 | Sheets Jeffrey Wayne | Grant | 2.0K | — |
| 2025-04-30 | Brooks Douglas E | Grant | 2.0K | — |
| 2025-04-30 | Woung-Chapman Marguerite | Grant | 2.0K | — |
| 2025-04-30 | Taylor Anne | Grant | 2.0K | — |
| 2025-04-30 | Polzin Ward | Grant | 2.0K | — |
| 2025-04-30 | Holroyd Samantha | Grant | 2.0K | — |
| 2025-04-30 | McCarthy Kevin S | Grant | 2.0K | — |
| 2025-04-30 | Dundas Ian C | Grant | 1.9K | — |
| 2025-04-30 | Foulkes Hilary A | Grant | 2.0K | — |
| 2025-04-15 | Brown Daniel E | Tax withheld | 72K | $88.52 |
| 2025-04-13 | Brown Daniel E | Tax withheld | 7.0K | $89.34 |
| 2025-03-04 | Robuck Richard N | Tax withheld | 560 | $106.04 |
| 2025-02-20 | Lou Michael H | Tax withheld | 679 | $114.35 |
| 2025-02-20 | Kinney Shannon Browning | Tax withheld | 555 | $114.35 |
| 2025-02-20 | Henke Darrin J. | Tax withheld | 654 | $114.35 |
| 2025-02-20 | Brown Daniel E | Tax withheld | 1.4K | $114.35 |
| 2025-02-11 | Robuck Richard N | Tax withheld | 1.4K | $113.17 |
| 2025-02-01 | Henke Darrin J. | Tax withheld | 243 | $112.45 |
| 2025-01-22 | Kinney Shannon Browning | Grant | 5.4K | — |
| 2025-01-22 | Robuck Richard N | Grant | 7.4K | — |
| 2025-01-22 | Henke Darrin J. | Grant | 7.7K | — |
| 2025-01-22 | Lou Michael H | Grant | 8.3K | — |
| 2025-01-22 | Brown Daniel E | Grant | 15K | — |
| 2025-01-18 | Lou Michael H | Tax withheld | 3.9K | $126.31 |
| 2025-01-15 | Robuck Richard N | Tax withheld | 12K | $126.70 |
| 2025-01-15 | Lou Michael H | Tax withheld | 37K | $126.70 |
| 2024-12-31 | Brown Daniel E | Tax withheld | 17K | $113.88 |
| 2024-12-31 | Lou Michael H | Tax withheld | 11K | $113.88 |
| 2024-12-31 | Robuck Richard N | Tax withheld | 5.0K | $113.88 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-05 | ResultsExhibits | filing ↗ |
| 2026-05-01 | Shareholder voteExhibits | filing ↗ |
| 2026-02-25 | ResultsExhibits | filing ↗ |
| 2025-11-04 | ResultsExhibits | filing ↗ |
| 2025-09-30 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-09-17 | Reg FDOtherExhibits | filing ↗ |
| 2025-09-16 | Reg FDOtherExhibits | filing ↗ |
| 2025-08-06 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-Q | 2026-05-07 | 2026-03-31 | 0001486159-26-000023 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001486159-26-000017 ↗ |
| 8-K | 2026-05-01 | 2026-04-29 | 0001486159-26-000015 ↗ |
| 10-K | 2026-02-26 | 2025-12-31 | 0001486159-26-000005 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001486159-26-000004 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001486159-25-000044 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001486159-25-000042 ↗ |
| 8-K | 2025-09-30 | 2025-09-30 | 0001193125-25-224698 ↗ |
| 8-K | 2025-09-17 | 2025-09-16 | 0001193125-25-205343 ↗ |
| 8-K | 2025-09-16 | 2025-09-16 | 0001193125-25-204299 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001486159-25-000036 ↗ |
| 8-K | 2025-08-06 | 2025-08-06 | 0001486159-25-000035 ↗ |