Chord Energy Corporation
CHRD Energy Oil & Gas E&P
Chord Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 7.12% from fiscal 2024. In the quarter to June 2026, revenue grew 84.0%, EPS grew 238.6%, free cash flow grew 2,825.6% and total debt rose 61.2%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
Follow CHRD
Chord Energy Corporation (CHRD) Altman Z-score
Chord Energy Corporation's Altman Z-score for fiscal 2025 is 1.29, in the distress zone (below 1.81).
Altman Z-score, annual
Embed this chart
Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 1.29 | (0.46) |
| FY2024 | 1.76 | (2.09) |
| FY2023 | 3.85 | 0.90 |
| FY2022 | 2.95 | 0.44 |
| FY2021 | 2.51 | 9.33 |
| FY2020 | −6.82 | (7.28) |
| FY2019 | 0.46 | (0.28) |
| FY2018 | 0.75 | (0.01) |
| FY2017 | 0.76 | 0.10 |
| FY2016 | 0.66 | 0.21 |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.01 | — | 0.01 | |
| Retained earnings / total assets | 0.16 | — | 0.22 | |
| EBIT / total assets | 0.02 | — | 0.05 | |
| Market value of equity / total liabilities | 1.07 | — | 0.64 | |
| Sales / total assets | 0.37 | — | 0.37 | |
| Altman Z-score | Distress zone | 1.29 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Grey zone | 2.35 | ||
Z and Z″ put Chord Energy Corporation in different zones: distress zone by Z, grey zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| MGY Magnolia Oil & Gas Corp compare | 4.2× |
| RRC Range Resources Corporation compare | 2.3× |
| VIST Vista Energy, S.A.B. de C.V. - Sponsored ADR compare | 1.9× |
| AR Antero Resources Corporation compare | 1.9× |
| MUR Murphy Oil Corporation compare | 1.9× |
| MTDR Matador Resources Company compare | 1.6× |
| SM SM Energy Company compare | 1.4× |
| CHRD Chord Energy Corporation | 1.3× |
| CRGY Crescent Energy Company compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets