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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Chord Energy Corp (CHRD). Click either name above to swap in a different company.

Chord Energy Corp is the larger business by last-quarter revenue ($1.2B vs $866.0M, roughly 1.4× Brookfield Infrastructure Corp). Chord Energy Corp runs the higher net margin — 7.2% vs -35.7%, a 42.9% gap on every dollar of revenue. On growth, Brookfield Infrastructure Corp posted the faster year-over-year revenue change (-4.6% vs -19.6%).

Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.

Chord Energy Corporation is a company engaged in hydrocarbon exploration and hydraulic fracturing in the Williston Basin in North Dakota and Montana. It is organized in Delaware and headquartered in Houston, Texas, with an office in Williston, North Dakota. The company was formerly known as Oasis Petroleum.

BIPC vs CHRD — Head-to-Head

Bigger by revenue
CHRD
CHRD
1.4× larger
CHRD
$1.2B
$866.0M
BIPC
Growing faster (revenue YoY)
BIPC
BIPC
+15.0% gap
BIPC
-4.6%
-19.6%
CHRD
Higher net margin
CHRD
CHRD
42.9% more per $
CHRD
7.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
CHRD
CHRD
Revenue
$866.0M
$1.2B
Net Profit
$-309.0M
$84.4M
Gross Margin
65.0%
Operating Margin
62.7%
7.9%
Net Margin
-35.7%
7.2%
Revenue YoY
-4.6%
-19.6%
Net Profit YoY
-148.1%
-59.9%
EPS (diluted)
$1.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BIPC
BIPC
CHRD
CHRD
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$866.0M
$1.2B
Q1 25
$1.2B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$908.0M
$1.3B
Q1 24
$1.1B
Net Profit
BIPC
BIPC
CHRD
CHRD
Q4 25
$84.4M
Q3 25
$130.1M
Q2 25
$-309.0M
$-389.9M
Q1 25
$219.8M
Q4 24
$210.6M
Q3 24
$225.3M
Q2 24
$643.0M
$213.4M
Q1 24
$199.4M
Gross Margin
BIPC
BIPC
CHRD
CHRD
Q4 25
Q3 25
74.0%
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
77.3%
Q2 24
63.8%
Q1 24
Operating Margin
BIPC
BIPC
CHRD
CHRD
Q4 25
7.9%
Q3 25
13.0%
Q2 25
62.7%
-34.2%
Q1 25
27.8%
Q4 24
18.2%
Q3 24
18.8%
Q2 24
61.9%
22.9%
Q1 24
25.1%
Net Margin
BIPC
BIPC
CHRD
CHRD
Q4 25
7.2%
Q3 25
9.9%
Q2 25
-35.7%
-33.0%
Q1 25
18.1%
Q4 24
14.5%
Q3 24
15.5%
Q2 24
70.8%
16.9%
Q1 24
18.4%
EPS (diluted)
BIPC
BIPC
CHRD
CHRD
Q4 25
$1.59
Q3 25
$2.26
Q2 25
$-6.77
Q1 25
$3.66
Q4 24
$3.53
Q3 24
$3.59
Q2 24
$4.25
Q1 24
$4.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BIPC
BIPC
CHRD
CHRD
Cash + ST InvestmentsLiquidity on hand
$1.2B
$189.5M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.2B
$8.1B
Total Assets
$23.9B
$13.1B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
CHRD
CHRD
Q4 25
$189.5M
Q3 25
$629.2M
Q2 25
$1.2B
$40.5M
Q1 25
$35.8M
Q4 24
$37.0M
Q3 24
$52.0M
Q2 24
$466.0M
$197.4M
Q1 24
$296.4M
Total Debt
BIPC
BIPC
CHRD
CHRD
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$918.9M
Q1 25
$798.8M
Q4 24
$842.6M
Q3 24
$867.2M
Q2 24
$1.0B
Q1 24
$396.3M
Stockholders' Equity
BIPC
BIPC
CHRD
CHRD
Q4 25
$8.1B
Q3 25
$8.1B
Q2 25
$2.2B
$8.1B
Q1 25
$8.6B
Q4 24
$8.7B
Q3 24
$8.8B
Q2 24
$3.5B
$8.8B
Q1 24
$5.1B
Total Assets
BIPC
BIPC
CHRD
CHRD
Q4 25
$13.1B
Q3 25
$13.1B
Q2 25
$23.9B
$12.5B
Q1 25
$13.1B
Q4 24
$13.0B
Q3 24
$13.0B
Q2 24
$23.7B
$13.1B
Q1 24
$7.0B
Debt / Equity
BIPC
BIPC
CHRD
CHRD
Q4 25
0.18×
Q3 25
0.18×
Q2 25
0.11×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
0.12×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BIPC
BIPC
CHRD
CHRD
Operating Cash FlowLast quarter
$478.0M
$405.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
CHRD
CHRD
Q4 25
$405.0M
Q3 25
$559.0M
Q2 25
$478.0M
$419.8M
Q1 25
$656.9M
Q4 24
$566.5M
Q3 24
$663.2M
Q2 24
$511.0M
$460.9M
Q1 24
$406.7M
Cash Conversion
BIPC
BIPC
CHRD
CHRD
Q4 25
4.80×
Q3 25
4.30×
Q2 25
Q1 25
2.99×
Q4 24
2.69×
Q3 24
2.94×
Q2 24
0.79×
2.16×
Q1 24
2.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

CHRD
CHRD

Oil Production$801.0M68%
Purchased Oil Sales$285.8M24%
Natural Gas And Natural Gas Liquid Services$75.6M6%
Purchased Gas Sales$7.0M1%

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