2024 Q3 Form 10-Q Financial Statement

#000148615924000045 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q4
Revenue $1.450B $1.261B $964.7M
YoY Change 29.12% 38.22% -5.01%
Cost Of Revenue $677.7M $612.5M $372.3M
YoY Change 27.57% 41.37% 5.77%
Gross Profit $772.8M $648.2M $592.4M
YoY Change 30.5% 35.37% -10.73%
Gross Profit Margin 53.28% 51.41% 61.41%
Selling, General & Admin $129.5M $145.2M $73.06M
YoY Change 65.14% 69.69% -26.77%
% of Gross Profit 16.75% 22.4% 12.33%
Research & Development $7.269M $1.485M $2.073M
YoY Change 354.31% -78.1% 309.68%
% of Gross Profit 0.94% 0.23% 0.35%
Depreciation & Amortization $360.2M $227.9M $167.5M
YoY Change 124.71% 66.31% 18.09%
% of Gross Profit 46.61% 35.17% 28.27%
Operating Expenses $497.0M $374.6M $242.6M
YoY Change 106.8% 63.3% 0.2%
Operating Profit $272.9M $289.0M $349.9M
YoY Change -22.64% 15.88% -17.01%
Interest Expense $34.66M -$1.738M $45.50M
YoY Change 337.51% -105.36% -150.27%
% of Operating Profit 12.7% -0.6% 13.01%
Other Income/Expense, Net $32.01M $2.343M $827.0K
YoY Change -141.05% 2.18% 15.66%
Pretax Income $304.9M $291.4M $389.7M
YoY Change 10.95% 1.97% 16.66%
Income Tax $79.58M $78.00M $88.05M
% Of Pretax Income 26.1% 26.77% 22.6%
Net Earnings $225.3M $213.4M $300.5M
YoY Change 7.77% -1.25% -20.4%
Net Earnings / Revenue 15.53% 16.92% 31.15%
Basic Earnings Per Share $3.63 $4.36
Diluted Earnings Per Share $3.59 $4.25 $6.99
COMMON SHARES
Basic Shares Outstanding 61.88M shares 41.69M shares 41.28M shares
Diluted Shares Outstanding 62.63M shares 49.92M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.05M $197.4M $318.0M
YoY Change -80.36% -8.1% -46.39%
Cash & Equivalents $52.05M $197.4M $318.0M
Short-Term Investments
Other Short-Term Assets $2.061M $2.044M $11.06M
YoY Change 246.39% -97.32% -6.73%
Inventory $77.46M $79.91M $72.57M
Prepaid Expenses $31.70M $23.83M $42.45M
Receivables $1.295B $1.276B $943.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.552B $1.604B $1.425B
YoY Change 9.31% 42.67% -3.91%
LONG-TERM ASSETS
Property, Plant & Equipment $10.70B $10.75B $5.315B
YoY Change 103.49% 107.28% 12.81%
Goodwill $539.8M $539.8M $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments $116.5M $117.7M $100.2M
YoY Change 13.58% 1.71% -23.28%
Other Assets $24.78M $23.48M $19.94M
YoY Change 26.74% -82.16% -11.66%
Total Long-Term Assets $11.48B $11.54B $5.502B
YoY Change 109.05% 112.38% 6.86%
TOTAL ASSETS
Total Short-Term Assets $1.552B $1.604B $1.425B
Total Long-Term Assets $11.48B $11.54B $5.502B
Total Assets $13.03B $13.15B $6.926B
YoY Change 88.56% 100.43% 4.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $68.39M $38.19M $34.45M
YoY Change 2527.2% 175.16% 18.57%
Accrued Expenses $739.0M $714.4M $493.4M
YoY Change 29.35% 37.23% 36.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $60.06M $0.00
YoY Change
Total Short-Term Liabilities $1.662B $1.678B $1.165B
YoY Change 19.06% 43.01% -14.39%
LONG-TERM LIABILITIES
Long-Term Debt $867.2M $971.7M $395.9M
YoY Change 119.27% 145.98% 0.43%
Other Long-Term Liabilities $5.891M $4.748M $18.42M
YoY Change -71.98% -97.23% -45.21%
Total Long-Term Liabilities $873.1M $976.5M $414.3M
YoY Change 109.62% 72.3% -3.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.662B $1.678B $1.165B
Total Long-Term Liabilities $873.1M $976.5M $414.3M
Total Liabilities $4.257B $4.306B $1.850B
YoY Change 115.94% 147.47% -5.21%
SHAREHOLDERS EQUITY
Retained Earnings $2.179B $2.111B $1.961B
YoY Change 23.34% 30.62% 35.64%
Common Stock $671.0K $668.0K $456.0K
YoY Change 49.78% 51.47% -99.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.777B $8.841B $5.077B
YoY Change
Total Liabilities & Shareholders Equity $13.03B $13.15B $6.926B
YoY Change 88.56% 100.43% 4.45%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q4
OPERATING ACTIVITIES
Net Income $225.3M $213.4M $300.5M
YoY Change 7.77% -1.25% -20.4%
Depreciation, Depletion And Amortization $360.2M $227.9M $167.5M
YoY Change 124.71% 66.31% 18.09%
Cash From Operating Activities $663.2M $460.9M $543.4M
YoY Change 66.01% 12.89% 13.58%
INVESTING ACTIVITIES
Capital Expenditures $345.3M $962.2M $263.1M
YoY Change 47.08% 61.16% 15.29%
Acquisitions
YoY Change
Other Investing Activities $1.814M $16.53M -$54.92M
YoY Change -109.45% -184.15% -57.32%
Cash From Investing Activities -$343.5M -$945.7M -$318.0M
YoY Change 35.25% 53.35% -10.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -465.0M 385.8M -172.3M
YoY Change 387.93% -328.25% -7.98%
NET CHANGE
Cash From Operating Activities 663.2M 460.9M 543.4M
Cash From Investing Activities -343.5M -945.7M -318.0M
Cash From Financing Activities -465.0M 385.8M -172.3M
Net Change In Cash -145.3M -98.97M 53.05M
YoY Change -389.52% -73.79% -180.73%
FREE CASH FLOW
Cash From Operating Activities $663.2M $460.9M $543.4M
Capital Expenditures $345.3M $962.2M $263.1M
Free Cash Flow $317.8M -$501.3M $280.3M
YoY Change 92.99% 165.52% 12.02%

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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
270837000 usd
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
16788000 usd
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
2840000 usd
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
3919000 usd
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
28964000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
70699000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
145857000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-22969000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
96452000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
22158000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7910000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10130000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
27181000 usd
chrd Debt Discount Amortization And Other
DebtDiscountAmortizationAndOther
7343000 usd
chrd Debt Discount Amortization And Other
DebtDiscountAmortizationAndOther
-4035000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
69496000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5564000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5557000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3526000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-17262000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-317000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3065000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11084000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-36649000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-11104000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
867574000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
877047000 usd
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
538733000 usd
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
407773000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
645971000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
361609000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
20876000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
59219000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
16339000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
154110000 usd
us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
25000000 usd
us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4591000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
5984000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1150576000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-858289000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
825000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
250000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
93745000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
45818000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
57357000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13631000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
281681000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
337747000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
834000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
933000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
21010000 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1007000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
162393000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-120609000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-378364000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
317998000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
593151000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
197389000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
214787000 usd
chrd Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
24389000 usd
chrd Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
74114000 usd
chrd Non Cash Increase Decrease In Asset Retirement Obligations
NonCashIncreaseDecreaseInAssetRetirementObligations
3476000 usd
chrd Non Cash Increase Decrease In Asset Retirement Obligations
NonCashIncreaseDecreaseInAssetRetirementObligations
547000 usd
CY2024Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19502000 usd
CY2023Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
35321000 usd
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000 shares
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
240000000 shares
CY2024Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
369313000 usd
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
297531000 usd
CY2024Q2 chrd Revenue Suspense
RevenueSuspense
347500000 usd
CY2023Q4 chrd Revenue Suspense
RevenueSuspense
266704000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1260680000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
912071000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2345940000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1808588000 usd
CY2024Q2 chrd Production Taxes Payable
ProductionTaxesPayable
55752000 usd
CY2023Q4 chrd Production Taxes Payable
ProductionTaxesPayable
40469000 usd
CY2024Q2 chrd Revenues Payable And Production Taxes Current
RevenuesPayableAndProductionTaxesCurrent
772565000 usd
CY2023Q4 chrd Revenues Payable And Production Taxes Current
RevenuesPayableAndProductionTaxesCurrent
604704000 usd
CY2024Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
208683000 usd
CY2023Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
165141000 usd
CY2024Q2 chrd Accrued Capital Costs
AccruedCapitalCosts
235139000 usd
CY2023Q4 chrd Accrued Capital Costs
AccruedCapitalCosts
122260000 usd
CY2024Q2 us-gaap Other Inventory Supplies
OtherInventorySupplies
30901000 usd
CY2023Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
30201000 usd
CY2024Q2 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
49004000 usd
CY2023Q4 us-gaap Energy Related Inventory Petroleum
EnergyRelatedInventoryPetroleum
42364000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
79905000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
72565000 usd
CY2024Q2 chrd Inventory Noncurrent Linefill
InventoryNoncurrentLinefill
27619000 usd
CY2023Q4 chrd Inventory Noncurrent Linefill
InventoryNoncurrentLinefill
22936000 usd
CY2024Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
27619000 usd
CY2023Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
22936000 usd
CY2024Q2 chrd Inventory Current And Noncurrent
InventoryCurrentAndNoncurrent
107524000 usd
CY2023Q4 chrd Inventory Current And Noncurrent
InventoryCurrentAndNoncurrent
95501000 usd
CY2024Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1291719000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
956927000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
15785000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13813000 usd
CY2024Q2 chrd Accrued Lease Operating Expense
AccruedLeaseOperatingExpense
131648000 usd
CY2023Q4 chrd Accrued Lease Operating Expense
AccruedLeaseOperatingExpense
107606000 usd
CY2024Q2 chrd Accrued General And Administrative Expense
AccruedGeneralAndAdministrativeExpense
61519000 usd
CY2023Q4 chrd Accrued General And Administrative Expense
AccruedGeneralAndAdministrativeExpense
37882000 usd
CY2024Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
37016000 usd
CY2023Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
10507000 usd
CY2024Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
19138000 usd
CY2023Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
25167000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21284000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
24818000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
714427000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
493381000 usd
CY2024Q2 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
400000 usd
CY2023Q4 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
500000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
80707000 usd
CY2024Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
32873000 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
47834000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
48244000 usd
CY2024Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
32873000 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
15371000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
85990000 usd
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
26095000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
59895000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
41021000 usd
CY2023Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
26095000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
14926000 usd
CY2024Q2 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
11119012000 usd
CY2023Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
6220766000 usd
CY2024Q2 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
1420871000 usd
CY2023Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
1035393000 usd
CY2024Q2 chrd Proved Oil And Gas Properties Net
ProvedOilAndGasPropertiesNet
9698141000 usd
CY2023Q4 chrd Proved Oil And Gas Properties Net
ProvedOilAndGasPropertiesNet
5185373000 usd
CY2024Q2 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
1018722000 usd
CY2023Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
99477000 usd
CY2024Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
57327000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
49051000 usd
CY2024Q2 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
21140000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
19223000 usd
CY2024Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
36187000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
29828000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10753050000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5314678000 usd
CY2024Q2 chrd Business Combination Consideration Transferred Equity Based Compensation Awards Of Acquiree Settled With Cash
BusinessCombinationConsiderationTransferredEquityBasedCompensationAwardsOfAcquireeSettledWithCash
102393000 usd
CY2024Q2 chrd Business Combination Consideration Transferred Credit Facility Of Acquiree Settled With Cash
BusinessCombinationConsiderationTransferredCreditFacilityOfAcquireeSettledWithCash
395000000 usd
CY2024Q2 chrd Business Combination Consideration Transferred Retention Bonus To Employees Of Acquiree Settled With Cash
BusinessCombinationConsiderationTransferredRetentionBonusToEmployeesOfAcquireeSettledWithCash
5920000 usd
CY2024Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5900000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
22200000 usd
CY2023Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10100000 usd
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3254000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4098000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
1031809000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
395902000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
60063000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
971746000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
395902000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
165546000 usd
chrd Asset Retirement Obligation Liabilities Assumed In Arrangement
AssetRetirementObligationLiabilitiesAssumedInArrangement
138489000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1888000 usd
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
891000 usd
chrd Asset Retirement Obligation Liabilities Settled Through Divestitures
AssetRetirementObligationLiabilitiesSettledThroughDivestitures
244000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
6451000 usd
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
1594000 usd
CY2024Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
312833000 usd
CY2024Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
37000000.0 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.247
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.239
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000 shares
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
240000000 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.94
CY2024Q2 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
124708000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.25
CY2024Q1 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
137541000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
6.19
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
262249000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
3.22
CY2023Q2 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
137507000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
4.80
CY2023Q1 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
204884000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
8.02
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
342391000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
558579 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
164.23
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
91700000 usd
CY2024Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
591300000 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
750000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
319458 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
143.41
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
45800000 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
750000000 usd
CY2024Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2161803000 shares
CY2024Q2 chrd Class Of Warrant Or Right Exercised During The Period
ClassOfWarrantOrRightExercisedDuringThePeriod
650695 shares
chrd Class Of Warrant Or Right Exercised During The Period
ClassOfWarrantOrRightExercisedDuringThePeriod
1070851 shares
CY2023Q2 chrd Class Of Warrant Or Right Exercised During The Period
ClassOfWarrantOrRightExercisedDuringThePeriod
26488 shares
chrd Class Of Warrant Or Right Exercised During The Period
ClassOfWarrantOrRightExercisedDuringThePeriod
109402 shares
CY2024Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
213361000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
216071000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
412715000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
513070000 usd
CY2024Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1032000 usd
CY2023Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
726000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1824000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1453000 usd
CY2024Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
212329000 usd
CY2023Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
215345000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
410891000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
511617000 usd
CY2024Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-10000 usd
CY2023Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-12000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-17000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-20000 usd
CY2024Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
212339000 usd
CY2023Q2 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
215357000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
410908000 usd
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
511637000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48665000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41494000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45048000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41531000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
375000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
933000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
438000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
917000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
876000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
959000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
827000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
819000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49916000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43386000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46313000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43267000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.36
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
9.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
12.32
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.25
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.83
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1818000 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4118000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2028000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4340000 shares
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
17500000 usd
us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2024Q2 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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