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Chord Energy (FRA:OS70) Gross-Profit-to-Asset % : 17.43% (As of Mar. 2024)


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What is Chord Energy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Chord Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was €1,117 Mil. Chord Energy's average Total Assets over the quarter that ended in Mar. 2024 was €6,407 Mil. Therefore, Chord Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.43%.


Chord Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Chord Energy's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chord Energy Gross-Profit-to-Asset % Chart

Chord Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 1.07 4.63 26.63 37.82 20.91

Chord Energy Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.96 18.01 22.70 21.59 17.43

Competitive Comparison of Chord Energy's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Chord Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chord Energy's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chord Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Chord Energy's Gross-Profit-to-Asset % falls into.



Chord Energy Gross-Profit-to-Asset % Calculation

Chord Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=1318.275/( (6259.74+6351.28)/ 2 )
=1318.275/6305.51
=20.91 %

Chord Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1116.892/( (6351.28+6463.473)/ 2 )
=1116.892/6407.3765
=17.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Chord Energy Gross-Profit-to-Asset % Related Terms

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Chord Energy (FRA:OS70) Business Description

Industry
Traded in Other Exchanges
Address
1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002
Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.

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