Chord Energy Number Of Shares Shorted vs. Cash And Equivalents

CHRD Stock  USD 122.32  5.16  4.05%   
Based on the key profitability measurements obtained from Chord Energy's financial statements, Chord Energy Corp is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Chord Energy's ability to earn profits and add value for shareholders. At present, Chord Energy's Operating Cash Flow Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 93.65, whereas EV To Sales is forecasted to decline to 1.71. At present, Chord Energy's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 1.4 B, whereas Change To Netincome is projected to grow to (221 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.730.3689
Way Up
Slightly volatile
For Chord Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chord Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chord Energy Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chord Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chord Energy Corp over time as well as its relative position and ranking within its peers.
  

Chord Energy's Revenue Breakdown by Earning Segment

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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chord Energy. If investors know Chord will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chord Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
10.15
Earnings Share
18.53
Revenue Per Share
92.615
Quarterly Revenue Growth
0.284
The market value of Chord Energy Corp is measured differently than its book value, which is the value of Chord that is recorded on the company's balance sheet. Investors also form their own opinion of Chord Energy's value that differs from its market value or its book value, called intrinsic value, which is Chord Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chord Energy's market value can be influenced by many factors that don't directly affect Chord Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chord Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chord Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chord Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Chord Energy Corp Cash And Equivalents vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Chord Energy's current stock value. Our valuation model uses many indicators to compare Chord Energy value to that of its competitors to determine the firm's financial worth.
Chord Energy Corp is rated below average in number of shares shorted category among its peers. It is rated fourth in cash and equivalents category among its peers creating about  293.10  of Cash And Equivalents per Number Of Shares Shorted. Comparative valuation analysis is a catch-all technique that is used if you cannot value Chord Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Chord Cash And Equivalents vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Chord Energy

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
1.95 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Chord Energy

Cash

 = 

Bank Deposits

+

Liquidities

 = 
571.11 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Chord Cash And Equivalents Comparison

Chord Energy is currently under evaluation in cash and equivalents category among its peers.

Chord Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Chord Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chord Energy will eventually generate negative long term returns. The profitability progress is the general direction of Chord Energy's change in net profit over the period of time. It can combine multiple indicators of Chord Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Income Tax Expense315.2 M331 M
Operating Income1.3 B1.3 B
Income Before Tax1.3 B1.4 B
Net Income Applicable To Common Shares2.1 B2.2 B
Net IncomeB1.1 B
Total Other Income Expense Net65.8 M69.1 M
Net Interest Income-29.5 M-31 M
Net Income From Continuing Ops1.8 B1.9 B
Change To Netincome-232.6 M-221 M
Net Income Per Share 24.68  25.91 
Income Quality 1.78  1.87 
Net Income Per E B T 0.76  0.38 

Chord Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Chord Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Chord Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Chord Energy's important profitability drivers and their relationship over time.

Use Chord Energy in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chord Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chord Energy will appreciate offsetting losses from the drop in the long position's value.

Chord Energy Pair Trading

Chord Energy Corp Pair Trading Analysis

The ability to find closely correlated positions to Chord Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chord Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chord Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chord Energy Corp to buy it.
The correlation of Chord Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chord Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chord Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chord Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Chord Energy position

In addition to having Chord Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Munis Funds Thematic Idea Now

Munis Funds
Munis Funds Theme
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Munis Funds Theme or any other thematic opportunities.
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When determining whether Chord Energy Corp is a strong investment it is important to analyze Chord Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chord Energy's future performance. For an informed investment choice regarding Chord Stock, refer to the following important reports:
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You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
To fully project Chord Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chord Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Chord Energy's income statement, its balance sheet, and the statement of cash flows.
Potential Chord Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Chord Energy investors may work on each financial statement separately, they are all related. The changes in Chord Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chord Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.