Filing Flows › Chord Energy (CHRD) › Q3 2025
Chord Energy (CHRD) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Chord Energy (CHRD) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), -10% from a year earlier and +11% from the quarter before. Operating margin was 13.0%, net earnings $130M (9.9% of revenue).
Chord Energy, Q3 2025: revenue $1.3B (-10% year over year), operating margin 13.0%, net earnings $130M, operating cash flow $559M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +11% | -10% |
| Operating profit | $171M | — | -37% |
| Net earnings | $130M | — | -42% |
| Operating cash flow | $559M | +33% | -16% |
| Free cash flow | $219M | +798% | -33% |
What changed
Revenue was $1.3B in Q3 2025, down 10% year over year and up 11% from the previous quarter. Crude oil revenues was the largest line at 69% of revenue. Crude oil revenues lost $0.16B year over year (down 15%), 118% of the total change.
Operating profit was $0.17B, a 13.0% margin (down 5.8 points year over year). Total costs fell 3% while revenue fell 10%. Net earnings were $0.13B, down 42% year over year. The effective tax rate was 23.6%.
Operating cash flow was $0.56B (down 16% year over year), 430% of net earnings. Non-cash charges added back $0.37B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.34B left free cash flow of $0.22B.
Questions
What was Chord Energy's revenue in the third quarter 2025?
Chord Energy (CHRD) reported revenue of $1.3B for the third quarter 2025 (Q3 2025), -10% from a year earlier and +11% from the quarter before.
Was Chord Energy profitable in the third quarter 2025?
Operating profit was $171M (13.0% of revenue) and net earnings $130M.
Source: Chord Energy 10-Q on SEC EDGAR.