Is Chord Energy Corp (CHRD) Halal?

NASDAQ Energy United States $8.3B
✓ HALAL
Confidence: 95/100
Chord Energy Corp (CHRD) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 15.1% against the AAOIFI threshold of 30%, Chord Energy Corp comfortably passes the key financial ratio tests. The company operates in the Energy sector (Oil & Gas E&P), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 15.1%
/ 30%
0.5%
/ 30%
18.8%
/ 30%
1.64%
/ 5%
✓ HALAL
DJIM 15.1%
/ 33%
0.5%
/ 33%
18.8%
/ 33%
1.64%
/ 5%
✓ HALAL
MSCI 8.0%
/ 33%
0.3%
/ 33%
10.0%
/ 33%
1.64%
/ 5%
✓ HALAL
S&P 15.1%
/ 33%
0.5%
/ 33%
18.8%
/ 33%
1.64%
/ 5%
✓ HALAL
FTSE 8.0%
/ 33%
0.3%
/ 33%
10.0%
/ 50%
1.64%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
196.4
Forward: 16.7
EPS
$0.74
Dividend Yield
358.0%
Payout: 702.7%
P/B Ratio
1.0
EV/EBITDA
4.1
EV: $9.6B
Revenue
$4.9B
Growth: -19.4%
Beta
0.7
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 51.0%
Operating Margin 12.9%
Net Margin 1.0%
Return on Equity (ROE) 0.5%
Return on Assets (ROA) 4.1%

Cash Flow & Balance Sheet

Operating Cash Flow$2.0B
Free Cash Flow$693M
Total Debt$1.6B
Debt-to-Equity18.7
Current Ratio1.1
Total Assets$13.1B

Price & Trading

Last Close$143.95
50-Day MA$110.67
200-Day MA$101.73
Avg Volume996K
Beta0.7
52-Week Range
$79.83
$146.93

About Chord Energy Corp (CHRD)

CEO
Mr. Daniel E. Brown
Employees
676
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
Exchange
NASDAQ
Market Cap
$8.3B
Currency
USD

Chord Energy Corporation operates as an independent exploration and production company in the United States. The company engages in the acquisition, exploration, development and production of crude oil, natural gas, and natural gas liquids in the Williston Basin. It sells its products to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.

Purification Calculator

As a halal stock with 1.64% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Chord Energy Corp (CHRD) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Chord Energy Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Chord Energy Corp's debt ratio?

Chord Energy Corp's debt ratio is 15.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 8.0%.

Does Chord Energy Corp require dividend purification?

Yes, Chord Energy Corp has an impermissible income ratio of 1.64%, which means 1.64% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Chord Energy Corp's key financial metrics?

Chord Energy Corp has a market capitalization of $8.3B, trailing P/E ratio of 196.4, and revenue of $4.9B. The company maintains a gross margin of 51.0% and a net margin of 1.0%. Return on equity stands at 0.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.