Chord Energy (CHRD)
Market Price (5/12/2026): $140.02 | Market Cap: $7.9 BilSector: Energy | Industry: Oil & Gas Exploration & Production
Chord Energy (CHRD)
Market Price (5/12/2026): $140.02Market Cap: $7.9 BilSector: EnergyIndustry: Oil & Gas Exploration & Production
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35% Attractive yieldDividend Yield is 3.8%, FCF Yield is 6.3% Stock buyback supportStock Buyback 3Y Total is 1.1 Bil Low stock price volatilityVol 12M is 37% Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oilfield Technologies, and US LNG. | Weak multi-year price returns2Y Excs Rtn is -56%, 3Y Excs Rtn is -58% | Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 59x Key risksCHRD key risks include [1] its heavy operational and geographic concentration in the Williston Basin. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 35% |
| Attractive yieldDividend Yield is 3.8%, FCF Yield is 6.3% |
| Stock buyback supportStock Buyback 3Y Total is 1.1 Bil |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include US Energy Independence. Themes include US Oilfield Technologies, and US LNG. |
| Weak multi-year price returns2Y Excs Rtn is -56%, 3Y Excs Rtn is -58% |
| Expensive valuation multiplesP/EBITPrice/EBIT or Price/(Operating Income) ratio is 59x |
| Key risksCHRD key risks include [1] its heavy operational and geographic concentration in the Williston Basin. |
Qualitative Assessment
AI Analysis | Feedback
1. Chord Energy reported strong first-quarter 2026 financial and operational results, significantly exceeding analyst expectations, and issued an improved outlook for the full year. The company's Adjusted Net Income for Q1 2026 was $4.56 per diluted share, surpassing analyst estimates of $3.17 by $1.39. Additionally, Chord Energy increased its full-year 2026 oil volume guidance by 2 MBopd to 161 MBopd while maintaining unchanged capital expenditure plans.
2. A substantial surge in crude oil prices, driven by escalating geopolitical tensions, positively impacted the energy sector. Military action in the Middle East, particularly around February 28, 2026, and the subsequent de facto closure of the Strait of Hormuz, led to a significant disruption of approximately 20% of global oil shipments. Brent crude prices, for instance, surged by $20 per barrel to $92 per barrel since late February, eventually reaching $118 per barrel by the end of the first quarter of 2026.
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Stock Movement Drivers
Fundamental Drivers
The 41.2% change in CHRD stock from 1/31/2026 to 5/11/2026 was primarily driven by a 35.8% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 99.20 | 140.07 | 41.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,162 | 5,328 | 3.2% |
| P/S Multiple | 1.1 | 1.5 | 35.8% |
| Shares Outstanding (Mil) | 57 | 57 | 0.8% |
| Cumulative Contribution | 41.2% |
Market Drivers
1/31/2026 to 5/11/2026| Return | Correlation | |
|---|---|---|
| CHRD | 41.2% | |
| Market (SPY) | 3.6% | -29.9% |
| Sector (XLE) | 12.7% | 81.2% |
Fundamental Drivers
The 58.3% change in CHRD stock from 10/31/2025 to 5/11/2026 was primarily driven by a 54.5% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 88.51 | 140.07 | 58.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,301 | 5,328 | 0.5% |
| P/S Multiple | 1.0 | 1.5 | 54.5% |
| Shares Outstanding (Mil) | 58 | 57 | 1.9% |
| Cumulative Contribution | 58.3% |
Market Drivers
10/31/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| CHRD | 58.3% | |
| Market (SPY) | 5.5% | -17.6% |
| Sector (XLE) | 31.7% | 76.2% |
Fundamental Drivers
The 63.4% change in CHRD stock from 4/30/2025 to 5/11/2026 was primarily driven by a 63.1% change in the company's P/S Multiple.| (LTM values as of) | 4302025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 85.72 | 140.07 | 63.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,251 | 5,328 | 1.5% |
| P/S Multiple | 0.9 | 1.5 | 63.1% |
| Shares Outstanding (Mil) | 56 | 57 | -1.2% |
| Cumulative Contribution | 63.4% |
Market Drivers
4/30/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| CHRD | 63.4% | |
| Market (SPY) | 30.4% | 3.6% |
| Sector (XLE) | 46.6% | 80.2% |
Fundamental Drivers
The 17.2% change in CHRD stock from 4/30/2023 to 5/11/2026 was primarily driven by a 46.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302023 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 119.48 | 140.07 | 17.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,647 | 5,328 | 46.1% |
| P/S Multiple | 1.4 | 1.5 | 9.5% |
| Shares Outstanding (Mil) | 42 | 57 | -26.7% |
| Cumulative Contribution | 17.2% |
Market Drivers
4/30/2023 to 5/11/2026| Return | Correlation | |
|---|---|---|
| CHRD | 17.2% | |
| Market (SPY) | 78.7% | 37.1% |
| Sector (XLE) | 48.1% | 82.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CHRD Return | 261% | 35% | 32% | -25% | -16% | 49% | 500% |
| Peers Return | 127% | 54% | 5% | -4% | -9% | 22% | 295% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| CHRD Win Rate | 75% | 58% | 83% | 42% | 50% | 80% | |
| Peers Win Rate | 77% | 60% | 53% | 48% | 53% | 68% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| CHRD Max Drawdown | 0% | -5% | -8% | -29% | -29% | -4% | |
| Peers Max Drawdown | -0% | 0% | -18% | -14% | -24% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COP, DVN, NOG, FANG, EOG.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/11/2026 (YTD)
How Low Can It Go
| Event | CHRD | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -27.4% | -18.8% |
| % Gain to Breakeven | 37.7% | 23.1% |
| Time to Breakeven | 111 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -11.1% | -6.7% |
| % Gain to Breakeven | 12.5% | 7.1% |
| Time to Breakeven | 17 days | 31 days |
In The Past
Chord Energy's stock fell -27.4% during the 2025 US Tariff Shock. Such a loss loss requires a 37.7% gain to breakeven.
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| Event | CHRD | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -27.4% | -18.8% |
| % Gain to Breakeven | 37.7% | 23.1% |
| Time to Breakeven | 111 days | 79 days |
In The Past
Chord Energy's stock fell -27.4% during the 2025 US Tariff Shock. Such a loss loss requires a 37.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Chord Energy (CHRD)
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ConocoPhillips for the Williston Basin.
Occidental Petroleum focused on the Williston Basin.
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- Crude oil: A hydrocarbon liquid extracted from the earth, which is refined into various fuels and petrochemicals.
- Natural gas: A gaseous hydrocarbon mixture, primarily methane, used as a fuel for heating, electricity generation, and industrial processes.
- Natural gas liquids (NGLs): A group of hydrocarbons, including ethane, propane, and butane, extracted from natural gas and used as feedstocks for the petrochemical industry or as fuels.
AI Analysis | Feedback
Chord Energy (CHRD) is an exploration and production company that primarily sells its crude oil, natural gas, and natural gas liquids to other companies rather than individuals. Its major customers are typically refiners, marketers, and midstream companies.
Based on recent regulatory filings, the major customers of Chord Energy for its crude oil sales include:
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Daniel Brown, President & Chief Executive Officer
Mr. Brown has over 25 years of experience in the oil and natural gas industry, having spent his career with Anadarko Petroleum Corporation (or one of its predecessors) until its acquisition by Occidental Petroleum in 2019. He held positions of increasing responsibility at Anadarko and Kerr-McGee, including Vice President of Corporate Planning, Vice President of Operations, Senior Vice President and Executive Vice President of International and Deepwater Operations, and Executive Vice President for U.S. Onshore Operations. Mr. Brown served on the board of Western Gas Equity Partners, LP and Western Gas Partners, LP from 2017 to 2019, and subsequently on the board of Western Midstream Partners, LP until August 2019. Since 2020, he has served on the board of Beacon Offshore Energy LLC, a private equity-backed exploration and production company. He also served as Board Chair of the general partner of Oasis Midstream Partners LP from 2021 to 2022. Mr. Brown joined Chord Energy (then Oasis Petroleum) as President and CEO in April 2021.
Richard Robuck, EVP, Chief Financial Officer & Treasurer
Mr. Robuck has more than 25 years of experience in finance. He was promoted to Executive Vice President, Chief Financial Officer & Treasurer of Chord Energy in March 2024. Prior to this, he was Senior Vice President, Corporate Planning and Investor Relations for Chord Energy from July 2022 to March 2024. From 2017 to 2022, Mr. Robuck served as Senior Vice President, Finance and Treasurer for Oasis Petroleum and as Chief Financial Officer of the general partner of Oasis Midstream Partners LP until its acquisition by Crestwood Equity Partners LP. He previously held roles at Oasis Petroleum including Director, Finance (2010-2014) and Vice President, Finance, and Treasurer (2014-2017). Mr. Robuck began his career in 1997 at Bank of America in their Energy Group. He also served in various financial capacities at Grande Communications, a private telecommunications company, from 2001 to 2008, including Vice President, Finance, and was Vice President, Finance and Investments, at Southern Ute Alternative Energy from 2008 to 2010.
Darrin Henke, EVP & Chief Operating Officer
Mr. Henke was appointed Executive Vice President and Chief Operating Officer, effective January 2, 2024. He previously served as President and CEO of Ranger Oil Corporation since 2020 and was also the CEO of Gary Permian & Gary Petroleum Partners, LLC. Earlier in his career, he was a Vice President at Encana. Mr. Henke is recognized for his track record of operational excellence, strong financial results, and cultural collaboration.
Shannon Kinney, EVP, Chief Administrative Officer, General Counsel & Corporate Secretary
Ms. Kinney was appointed Executive Vice President, Chief Administrative Officer, and General Counsel in March 2024, with expanded responsibilities that include Human Resources and Sustainability, in addition to Legal. She previously held the position of General Counsel for Chord Energy. Before joining Chord Energy, Ms. Kinney served as Vice President, Deputy General Counsel, Chief Compliance Officer, and Corporate Secretary for ConocoPhillips.
Michael Lou, EVP, Chief Strategy Officer & Chief Commercial Officer
Mr. Lou serves as Executive Vice President, Chief Strategy Officer and Chief Commercial Officer of Chord Energy. He previously held the role of Executive Vice President and Chief Financial Officer for Chord Energy from July 2022 to March 2024. Prior to Chord Energy, he was Chief Financial Officer and Executive Vice President for Oasis Petroleum and its subsidiaries, starting in 2011, and served as Senior Vice President of Finance at Oasis from 2009 to 2011. He was also President and Director of the general partner of Oasis Midstream Partners LP from 2017 until its acquisition by Crestwood Equity Partners LP in 2022. Mr. Lou began his career as an analyst for Merrill Lynch's investment banking group in 1997 and held positions at Bank of America, First Albany Investment Banking, and Macquarie Investment Bank. He served as CFO of XXL Energy Corp. (a publicly listed Canadian oil and gas company) from 2006 to 2008, and in 2008, was Vice President Finance of Warrior Energy N.V. (a publicly listed Canadian oil and gas company) and CFO of Giant Energy Ltd. (a private oil and gas management company).
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Chord Energy (CHRD) faces several key risks inherent to the independent exploration and production sector, primarily driven by its exposure to commodity markets and regulatory environment. The most significant key risks to Chord Energy's business include: * Exposure to Commodity Price Volatility: Chord Energy's revenues, profitability, and financial performance are directly and substantially impacted by fluctuations in the prices of crude oil, natural gas liquids (NGLs), and natural gas. A substantial or extended decline in these commodity prices could adversely affect the company's ability to meet capital expenditure obligations and financial commitments. Geopolitical tensions and global economic conditions can also create heightened volatility in these prices. * Regulatory and Environmental Risks: The company faces significant regulatory and environmental risks that could affect its operations and financial results. Stricter regulations related to drilling, production, and environmental protection can lead to increased compliance costs and restrict operational flexibility. Additionally, societal pressures and climate change activism may result in increased scrutiny, potential litigation, and reputational damage. New regulations in specific operating areas like North Dakota or Montana could also pose challenges. * Geographic Concentration: Nearly all of Chord Energy's operations are concentrated in the Williston Basin. This geographic concentration means that the company is highly susceptible to adverse events or regulatory changes specific to that region, such as natural disasters, infrastructure issues, or localized operational disruptions.AI Analysis | Feedback
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Chord Energy Corporation, an independent exploration and production company, primarily operates in the Williston Basin, focusing on crude oil, natural gas, and natural gas liquids (NGLs). The addressable market for these products is regional, encompassing the U.S. portions of the Williston Basin, specifically North Dakota and Montana.
Crude Oil
The Williston Basin has substantial undiscovered, technically recoverable mean resources of crude oil. Estimates suggest approximately 4.3 billion barrels of oil within the Bakken and Three Forks Formations in North Dakota and Montana. Another assessment for the broader Williston Basin Province, including North Dakota, Montana, and South Dakota, estimates mean undiscovered volumes of 3.8 billion barrels of oil.
In terms of production, the Williston Basin saw approximately 1.2 million barrels per day (MBbl/d) of oil production in 2023, with projections for an increase to 1.4 MBbl/d by 2025 before a subsequent decline as the basin matures. More specifically, North Dakota's crude oil production was reported at 33.85 million barrels in a recent month, while Montana's crude oil production reached 2.49 million barrels in a recent month. North Dakota alone produced over 34 million barrels of oil in January 2024, with an average daily output of about 1.1 million barrels. Montana's daily oil production is around 65,000 barrels, translating to about 1.9 million barrels per month or 23 million barrels annually.
Natural Gas
For natural gas, the Williston Basin contains estimated undiscovered, technically recoverable mean resources of 4.9 trillion cubic feet (Tcf) of associated gas in the Bakken and Three Forks Formations across North Dakota and Montana. A broader assessment for the Williston Basin Province estimates 3.7 Tcf of associated/dissolved natural gas.
Gross natural gas production in the Williston Basin is forecasted to average 3.6 billion cubic feet per day (Bcf/d) in 2024, an increase from 3.39 Bcf/d in 2023. Montana's contribution to national natural gas production ranks 20th, with approximately 5 million thousand cubic feet (MCF) per month or 69 million MCF per year.
Natural Gas Liquids (NGLs)
The Williston Basin Province in North Dakota, Montana, and South Dakota holds an estimated 0.2 billion barrels of undiscovered natural gas liquids. While NGLs play a secondary role to crude oil, the NGL-rich natural gas production in the Williston Basin is approaching existing pipeline capacity limits. The Elk Creek Pipeline, for example, has the capacity to transport 300,000 barrels per day of unfractionated NGLs from the Williston Basin to Mid-Continent facilities.
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```htmlExpected Drivers of Future Revenue Growth for Chord Energy (CHRD)
- Increased Production Volumes and Capital Efficiency through Longer Laterals: Chord Energy is focused on expanding its long-lateral drilling programs, with 4-mile lateral wells representing approximately 40% of 2026 turned-in-line activity, a significant increase from 5% in 2025. The company achieved its goal of converting 80% of its inventory to long laterals by the end of 2025, ahead of schedule. These longer laterals are expected to enhance production volumes by improving Estimated Ultimate Recovery (EUR) significantly while only moderately increasing capital expenditures, leading to higher capital efficiency. This operational improvement allows for more oil production from the same capital investment, contributing to revenue growth.
- Strategic Acquisitions and Consolidation in the Williston Basin: Chord Energy has actively pursued strategic acquisitions to strengthen its position and expand its asset base within the Williston Basin. For instance, the acquisition of assets from XTO Energy in September 2025 added approximately 48,000 net acres and around 90 net 10,000-foot equivalent drilling locations. These acquisitions extend the company's inventory runway, facilitate further capital efficiency through longer lateral development, and are projected to be accretive to cash flow and free cash flow, thereby supporting future production and revenue generation.
- Lowered Finding & Development (F&D) Costs and Reduced Breakeven Costs: The company has demonstrated a consistent trend of reducing its Finding & Development (F&D) costs, which have declined by 22% over the past few years. This reduction is largely attributed to the successful shift to longer lateral drilling and improved execution. Additionally, Chord Energy has lowered the weighted-average breakeven cost of its inventory by more than 10% year-over-year. These cost efficiencies make more of the company's inventory economically viable, enabling sustained or increased drilling activity and production, which is a key driver for revenue growth, even in varying commodity price environments.
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Share Repurchases
- Chord Energy has returned $6.7 billion of capital to shareholders since 2021, exceeding its current market capitalization.
- In fiscal year 2025, the company repurchased 3.5 million shares of common stock, resulting in a more than 5% year-over-year reduction in its fully-diluted share count.
- A new $750 million share repurchase program was authorized by Chord's Board of Directors, replacing an existing program with approximately $445 million remaining as of September 30, 2024.
Share Issuance
- The fully-diluted share count was reduced by over 5% year-over-year at year-end 2025, primarily due to share repurchases.
Outbound Investments
- In 4Q25, Chord completed the acquisition of core Williston Basin assets from XTO Energy Inc., which added 38.0 MMBoe of estimated net proved reserves.
- The company divested its entire position in the DJ Basin during 3Q24, receiving net proceeds of $36.1 million, which were planned for recent acquisitions and share repurchases in 4Q24.
- Chord Energy was formed in 2022 through the merger of Oasis Petroleum and Whiting Petroleum.
Capital Expenditures
- Capital expenditures for fiscal year 2025 were approximately $60 million below plan, demonstrating continued cost controls and operational efficiency.
- For 2026, Chord expects total capital expenditures of approximately $1.4 billion, with around 90% focused on operated and non-operated drilling and completion activities.
- A primary focus of capital expenditures is the advancement of the 4-mile lateral program, with seven 4-mile wells turned in line in 2025, and an expectation that approximately 40% of wells brought online in fiscal year 2026 will be 4-mile laterals.
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| 04172026 | VAL | Valaris | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 15.2% | 15.2% | -0.9% |
| 03312026 | KGS | Kodiak Gas Services | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 16.3% | 16.3% | -0.7% |
| 03312026 | KOS | Kosmos Energy | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 10.8% | 10.8% | -10.8% |
| 12262025 | TPL | Texas Pacific Land | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 54.5% | 54.5% | -2.1% |
| 12122025 | NOV | NOV | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 25.4% | 25.4% | -6.5% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 124.43 |
| Mkt Cap | 42.1 |
| Rev LTM | 15,826 |
| Op Inc LTM | 3,920 |
| FCF LTM | 1,462 |
| FCF 3Y Avg | 1,150 |
| CFO LTM | 7,328 |
| CFO 3Y Avg | 6,888 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.3% |
| Rev Chg 3Y Avg | -0.9% |
| Rev Chg Q | -0.1% |
| QoQ Delta Rev Chg LTM | -0.0% |
| Op Inc Chg LTM | -25.6% |
| Op Inc Chg 3Y Avg | -21.9% |
| Op Mgn LTM | 22.7% |
| Op Mgn 3Y Avg | 29.9% |
| QoQ Delta Op Mgn LTM | -1.3% |
| CFO/Rev LTM | 42.2% |
| CFO/Rev 3Y Avg | 44.2% |
| FCF/Rev LTM | 9.7% |
| FCF/Rev 3Y Avg | 11.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 42.1 |
| P/S | 2.1 |
| P/Op Inc | 10.1 |
| P/EBIT | 10.4 |
| P/E | 12.8 |
| P/CFO | 5.5 |
| Total Yield | 5.5% |
| Dividend Yield | 3.0% |
| FCF Yield 3Y Avg | 4.9% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -1.8% |
| 3M Rtn | 13.0% |
| 6M Rtn | 35.7% |
| 12M Rtn | 41.0% |
| 3Y Rtn | 22.9% |
| 1M Excs Rtn | -10.5% |
| 3M Excs Rtn | 6.6% |
| 6M Excs Rtn | 29.4% |
| 12M Excs Rtn | 10.9% |
| 3Y Excs Rtn | -54.4% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Exploration and production (E&P) of crude oil, Natural gas liquids (NGLs) and natural gas | 5,251 | 3,897 | |||
| Crude oil revenues | 2,367 | 910 | |||
| Natural gas liquids (NGL) and natural gas revenues | 609 | 290 | |||
| Other services revenues | 0 | 1 | |||
| Purchased Natural gas liquids (NGL) and natural gas sales | 159 | 132 | |||
| Purchased crude oil sales | 511 | 247 | |||
| Total | 5,251 | 3,897 | 3,647 | 1,580 |
Price Behavior
| Market Price | $140.07 | |
| Market Cap ($ Bil) | 8.4 | |
| First Trading Date | 11/20/2020 | |
| Distance from 52W High | -6.2% | |
| 50 Days | 200 Days | |
| DMA Price | $133.35 | $105.31 |
| DMA Trend | up | up |
| Distance from DMA | 5.0% | 33.0% |
| 3M | 1YR | |
| Volatility | 44.8% | 37.3% |
| Downside Capture | -1.01 | -0.28 |
| Upside Capture | -13.16 | 17.05 |
| Correlation (SPY) | -35.9% | 2.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -2.78 | -1.48 | -0.90 | -0.50 | 0.10 | 0.83 |
| Up Beta | -2.87 | -3.03 | -2.08 | -1.40 | -0.03 | 0.92 |
| Down Beta | -2.69 | -0.10 | 0.95 | 0.87 | 0.87 | 1.44 |
| Up Capture | -93% | -21% | -10% | -0% | 14% | 15% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 14 | 30 | 42 | 76 | 137 | 407 |
| Down Capture | -698% | -265% | -240% | -178% | -67% | 72% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 8 | 13 | 22 | 49 | 115 | 346 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CHRD | |
|---|---|---|---|---|
| CHRD | 57.8% | 37.5% | 1.29 | - |
| Sector ETF (XLE) | 44.8% | 20.2% | 1.72 | 80.0% |
| Equity (SPY) | 28.1% | 12.5% | 1.78 | 2.1% |
| Gold (GLD) | 42.9% | 26.9% | 1.30 | -6.8% |
| Commodities (DBC) | 48.6% | 18.0% | 2.14 | 56.2% |
| Real Estate (VNQ) | 13.6% | 13.5% | 0.70 | -0.0% |
| Bitcoin (BTCUSD) | -22.4% | 41.7% | -0.50 | 12.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CHRD | |
|---|---|---|---|---|
| CHRD | 24.2% | 39.9% | 0.66 | - |
| Sector ETF (XLE) | 22.1% | 26.1% | 0.76 | 78.6% |
| Equity (SPY) | 12.9% | 17.1% | 0.59 | 37.8% |
| Gold (GLD) | 21.2% | 17.9% | 0.96 | 7.2% |
| Commodities (DBC) | 13.5% | 19.1% | 0.58 | 59.3% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 28.1% |
| Bitcoin (BTCUSD) | 8.5% | 56.0% | 0.36 | 13.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CHRD | |
|---|---|---|---|---|
| CHRD | 22.1% | 40.2% | 1.03 | - |
| Sector ETF (XLE) | 9.8% | 29.5% | 0.37 | 75.5% |
| Equity (SPY) | 15.0% | 17.9% | 0.72 | 36.8% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 7.3% |
| Commodities (DBC) | 9.5% | 17.7% | 0.45 | 57.8% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 27.0% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 13.8% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/25/2026 | 1.6% | 9.9% | 40.3% |
| 11/4/2025 | -4.4% | 2.3% | 11.4% |
| 8/6/2025 | -5.1% | -3.3% | -0.1% |
| 5/6/2025 | -0.5% | 9.8% | 2.9% |
| 2/25/2025 | 4.4% | -4.1% | 6.0% |
| 11/6/2024 | 0.7% | -2.2% | -10.2% |
| 6/6/2024 | -1.3% | 0.7% | -0.2% |
| 5/7/2024 | 0.9% | 2.1% | -4.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 14 |
| # Negative | 9 | 9 | 6 |
| Median Positive | 1.6% | 4.2% | 7.1% |
| Median Negative | -1.3% | -3.8% | -2.9% |
| Max Positive | 4.8% | 9.9% | 40.3% |
| Max Negative | -5.1% | -7.7% | -10.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/26/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q1 2026 Earnings Reported 5/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Oil Volumes | 0.16 Mil | 6.5% | Raised | Guidance: 0.15 Mil for Q1 2026 | |||
| Q2 2026 CapEx | 425.00 Mil | ||||||
| 2026 Adjusted EBITDA | 3.10 Bil | 34.8% | Raised | Guidance: 2.30 Bil for 2026 | |||
| 2026 Adjusted Free Cash Flow | 1.40 Bil | 100.0% | Raised | Guidance: 700.00 Mil for 2026 | |||
| 2026 Oil Volumes | 0.16 Mil | 1.3% | Raised | Guidance: 0.16 Mil for 2026 | |||
Prior: Q4 2025 Earnings Reported 2/25/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Oil Volumes | 0.15 Mil | 2.0% | Higher New | Actual: 0.15 Mil for Q4 2025 | |||
| 2026 Oil Volumes | 0.16 Mil | ||||||
| 2026 Adjusted EBITDA | 2.30 Bil | -4.2% | Lower New | Guidance: 2.40 Bil for 2025 | |||
| 2026 Adjusted Free Cash Flow | 700.00 Mil | -16.7% | Lower New | Guidance: 840.00 Mil for 2025 | |||
| 2026 CapEx | 1.40 Bil | 2.6% | Higher New | Guidance: 1.36 Bil for 2025 | |||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Brooks, Douglas E | Direct | Sell | 5112026 | 138.57 | 1,500 | 207,855 | 2,591,952 | Form | |
| 2 | Brooks, Douglas E | Direct | Sell | 5112026 | 136.71 | 3,500 | 478,485 | 2,762,226 | Form | |
| 3 | Brooks, Douglas E | Direct | Sell | 5112026 | 137.79 | 3,000 | 413,370 | 3,266,312 | Form | |
| 4 | Robuck, Richard N | EVP, CFO and Treasurer | Direct | Sell | 3162026 | 121.75 | 5,000 | 608,750 | 3,543,047 | Form |
| 5 | Lou, Michael H | EVP, CSO, and CCO | Direct | Sell | 3162026 | 125.47 | 15,000 | 1,882,017 | 10,376,064 | Form |
Industry Resources
External Quote Links
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| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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