Chord Energy
CHRD
#2206
Rank
$5.94 B
Marketcap
$142.86
Share price
1.09%
Change (1 day)
-1.19%
Change (1 year)

Operating Margin for Chord Energy (CHRD)

Operating Margin as of February 2023 (TTM): 36.34%

According to Chord Energy's latest financial reports and stock price the company's current Operating Margin is 36.34%. At the end of 2021 the company had an Operating Margin of 11.90%.

Operating Margin history for Chord Energy from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202111.90%-103.19%
2020-372.64%1950.47%
2019-18.17%1565.08%
2018-1.09%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.