Chord Energy
CHRD
#2070
Rank
ยฃ5.98 B
Marketcap
ยฃ96.72
Share price
1.19%
Change (1 day)
-30.51%
Change (1 year)

Operating Margin for Chord Energy (CHRD)

Operating Margin as of November 2024 (TTM): 28.11%

According to Chord Energy's latest financial reports and stock price the company's current Operating Margin is 28.11%. At the end of 2023 the company had an Operating Margin of 34.36%.

Operating Margin history for Chord Energy from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202334.36%-9.43%
202237.94%218.86%
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.