• Chord Energy average return on tangible equity for 2023 was 24.1, a 69.65% decline from 2022.
• Chord Energy average return on tangible equity for 2022 was 79.4, a 1.98% decline from 2021.
• Chord Energy average return on tangible equity for 2021 was 81, a 7.24% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.