Quick Ratio

Chord Energy Corporation's quick ratio of 0.94x means it has $0.94 in liquid assets (cash, marketable securities, and receivables) for every $1 of current liabilities, indicating a near-1-to-1 coverage of short-term obligations.

This figure sits well above the Energy sector median of 0.62x, placing Chord in the 91st percentile among its peers. No year-over-year or quarter-over-quarter change is available, and the metric shows no trend over the last eight quarters, so there is no directional information to assess. The strong current level alone suggests lower short-term liquidity risk relative to the sector, but the absence of trend data limits any forward-looking conclusion. This metric supports the overall NEUTRAL verdict because, while Chord’s liquidity position is favorable versus peers, the lack of historical movement provides no basis to upgrade or downgrade the stock.

Frequently Asked Questions

Closest Sector Peers