The financials
Chord Energy Corporation by the numbers
Chord Energy Corporation (CHRD) reported revenue of $1.67B in Q1 2026 (quarter ended March 31, 2026), up 37% from the same quarter a year earlier. That came with a gross margin of 69% and net income of $109M (6.5% of revenue). For the full year FY2025, revenue was $4.88B (−7.1% year on year) and net income $44M. Its largest product in 2026-Q1 was Oil Production at $996M, 60% of the disclosed total, just ahead of Purchased Oil Sales at 31%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.67B | $1.22B | +37% |
| Gross profit | $1.16B | $1.10B | +4.7% |
| Operating income | $333M | $338M | −1.4% |
| Net income | $109M | $220M | −51% |
| Diluted EPS | $1.90 | $3.66 | −48% |
| Product | Revenue | Share |
|---|---|---|
| Oil Production | $996M | 60% |
| Purchased Oil Sales | $511M | 31% |
| Natural Gas And Natural Gas Liquid Services | $154M | 9.3% |
| Purchased Gas Sales | $4.4M | 0.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.67B (+27%)
Purchased Oil Sales grew +392% year on yearPurchased Gas Sales -43% year on year
Segment Latestquarter on quarteryear on year
- Oil Production$996.3M$996.3MQoQ +9.4%year on year +4.2%+9.4%+4.2%
- Purchased Oil Sales$510.6M$510.6MQoQ +51%year on year +392%+51%+392%
- Natural Gas And Natural Gas Liquid Services$154.3M$154.3MQoQ +175%year on year +4.8%+175%+4.8%
- Purchased Gas Sales$4.4M$4.4MQoQ -37%year on year -43%-37%-43%