• Chord Energy average return on tangible equity for 2023 was 31.59, a 56.51% decline from 2022.
• Chord Energy average return on tangible equity for 2022 was 72.64, a 53.75% decline from 2021.
• Chord Energy average return on tangible equity for 2021 was 157.05, a 19.85% 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.