Should I buy or sell Chord Energy stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chord Energy in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CHRD shares. View CHRD analyst ratings or view top-rated stocks .

What is Chord Energy's stock price target for 2024?

9 Wall Street analysts have issued 12 month target prices for Chord Energy's stock. Their CHRD share price targets range from $151.00 to $224.00. On average, they expect the company's share price to reach $190.40 in the next year. This suggests a possible upside of 5.1% from the stock's current price. View analysts price targets for CHRD or view top-rated stocks among Wall Street analysts .

How have CHRD shares performed in 2024?

Chord Energy's stock was trading at $166.23 at the beginning of the year. Since then, CHRD stock has increased by 9.0% and is now trading at $181.12. View the best growth stocks for 2024 here .

Are investors shorting Chord Energy?

Chord Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,480,000 shares, an increase of 8.4% from the March 15th total of 3,210,000 shares. Based on an average trading volume of 684,700 shares, the short-interest ratio is currently 5.1 days. Currently, 8.5% of the shares of the stock are short sold. View Chord Energy's Short Interest .

When is Chord Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our CHRD earnings forecast .

How were Chord Energy's earnings last quarter?

Chord Energy Co. (NASDAQ:CHRD) released its quarterly earnings results on Wednesday, February, 21st. The company reported $5.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.04 by $0.21. The company had revenue of $964.69 million for the quarter, compared to analyst estimates of $891.67 million. Chord Energy had a net margin of 26.27% and a trailing twelve-month return on equity of 16.35%.

How often does Chord Energy pay dividends? What is the dividend yield for Chord Energy?

Chord Energy declared a quarterly dividend on Wednesday, February 21st. Investors of record on Tuesday, March 5th will be given a dividend of $3.25 per share on Tuesday, March 19th. This represents a $13.00 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Monday, March 4th. This is a positive change from the stock's previous quarterly dividend of $1.25. Read our dividend analysis for CHRD .

Is Chord Energy a good dividend stock?

Chord Energy (NASDAQ:CHRD) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHRD will have a dividend payout ratio of 21.25% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHRD .

What ETFs hold Chord Energy's stock?

ETFs with the largest weight of Chord Energy (NASDAQ:CHRD) stock in their portfolio include Grizzle Growth ETF (GRZZ) , Invesco Dorsey Wright Energy Momentum ETF (PXI) , SPDR S&P Oil & Gas Exploration & Production ETF (XOP) , Invesco Energy Exploration & Production ETF (PXE) , Fidelity Stocks For Inflation ETF (FCPI) , Global SuperDividend US ETF (DIV) , First Trust Natural Gas ETF (FCG) and Opus Small Cap Value Plus ETF (OSCV) .

Who are Chord Energy's major shareholders?

Chord Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (0.08%), Miller Howard Investments Inc. NY (0.07%), Insight Wealth Strategies LLC (0.03%), Tealwood Asset Management Inc. (0.02%), Park Avenue Securities LLC (0.01%) and Hennion & Walsh Asset Management Inc. (0.00%). Insiders that own company stock include Charles J Rimer , Douglas E Brooks , Energy Corp Chord, Lynn A Peterson , Michael H Lou , Paul Korus and Samantha Holroyd . View institutional ownership trends .

How do I buy shares of Chord Energy?

Shares of CHRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CHRD

Chord Energy (CHRD) Stock Price, News & Analysis

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$181.12

-3.01 (-1.63%)

(As of 04/17/2024 ET)

Compare

Today's Range: $181.03
▼
$185.75
50-Day Range: $155.76
▼
$187.42
52-Week Range: $133.34
▼
$190.23

Volume: 554,590 shs
Average Volume: 643,988 shs
Market Capitalization: $7.52 billion

P/E Ratio: 7.70
Dividend Yield: 2.76%
Price Target: $190.40

Get Chord Energy alerts:

Chord Energy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 5.1% Upside
$190.40 Price Target
Short Interest: Bearish
8.53% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.45
Based on 4 Articles This Week
Insider Trading: Selling Shares
$957,450 Sold Last Quarter
Proj. Earnings Growth: 8.38%
From $21.71 to $23.53 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.96 out of 5 stars

Oils/Energy Sector

169th out of 239 stocks

Crude Petroleum & Natural Gas Industry

57th out of 76 stocks

1.3

Analyst's Opinion

Consensus Rating
Chord Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 7 buy ratings, 1 hold rating, and 1 sell rating.
Amount of Analyst Coverage
Chord Energy has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.53% of the float of Chord Energy has been sold short.
Short Interest Ratio / Days to Cover
Chord Energy has a short interest ratio ("days to cover") of 5.1.
Change versus previous month
Short interest in Chord Energy has recently increased by 8.41%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Chord Energy pays a meaningful dividend of 2.72%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Chord Energy has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Chord Energy is 21.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Chord Energy will have a dividend payout ratio of 21.25% next year. This indicates that Chord Energy will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CHRD.

3.0

News and Social Media Coverage

News Sentiment
Chord Energy has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Chord Energy this week, compared to 5 articles on an average week.
Search Interest
Only 10 people have searched for CHRD on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.
MarketBeat Follows
20 people have added Chord Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 18% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chord Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $957,450.00 in company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Chord Energy is held by insiders.
Percentage Held by Institutions
97.76% of the stock of Chord Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Chord Energy are expected to grow by 8.38% in the coming year, from $21.71 to $23.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chord Energy is 7.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chord Energy is 7.70, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.36.
Price to Book Value per Share Ratio
Chord Energy has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Chord Energy Stock (NASDAQ:CHRD)

Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby 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.

CHRD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CHRD Stock News Headlines

April 16, 2024 | finance.yahoo.com

Miller Income Strategy’s New Holdings: Chord Energy (CHRD)

April 15, 2024 | businesswire.com

ENERPLUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enerplus Corporation - ERF

April 18, 2024 | Gold Safe Exchange (Ad)

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April 9, 2024 | americanbankingnews.com

Research Analysts Offer Predictions for Chord Energy Co.'s Q1 2024 Earnings (NASDAQ:CHRD)

April 8, 2024 | benzinga.com

Small-Cap Companies Can Offer Promise Of High Returns, But How Does One Find Winners Given The Risks Involved? A Look Inside Infracap's SCAP ETF - GoDaddy (NYSE:GDDY), Chord Energy (NASDAQ:CHRD)

April 8, 2024 | prnewswire.com

Chord Energy and Enerplus Announce Expiration of Hart-Scott-Rodino Act Waiting Period and Provide Transaction Update

April 8, 2024 | americanbankingnews.com

Q1 2024 EPS Estimates for Chord Energy Co. Boosted by Analyst (NASDAQ:CHRD)

April 4, 2024 | benzinga.com

Peering Into Chord Energy's Recent Short Interest

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March 22, 2024 | markets.businessinsider.com

Is U.S. Shale Production Finally Nearing Its Peak?

March 20, 2024 | ca.finance.yahoo.com

CHRD Apr 2024 210.000 call

March 17, 2024 | finance.yahoo.com

CHRD Apr 2024 185.000 call

March 15, 2024 | ca.finance.yahoo.com

CHRD Apr 2024 180.000 call

March 14, 2024 | markets.businessinsider.com

The Analyst Landscape: 8 Takes On Chord Energy

March 7, 2024 | finance.yahoo.com

Chord Energy Updates Executive Leadership Team

March 6, 2024 | prnewswire.com

Chord Energy Announces Updates to Executive Leadership Team

March 4, 2024 | finance.yahoo.com

Chord Energy Corp's Dividend Analysis

February 28, 2024 | finance.yahoo.com

Why You Might Be Interested In Chord Energy Corporation (NASDAQ:CHRD) For Its Upcoming Dividend

February 26, 2024 | businesswire.com

ENERPLUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Enerplus Corporation - ERF

February 25, 2024 | seekingalpha.com

Chord Energy And Enerplus: A Marriage That Makes Sense

February 25, 2024 | finance.yahoo.com

16 Best Russell 2000 Stocks To Buy According To Hedge Funds

February 23, 2024 | finance.yahoo.com

Chord Energy Full Year 2023 Earnings: Beats Expectations

February 22, 2024 | markets.businessinsider.com

Analysts Offer Insights on Energy Companies: EnLink Midstream (ENLC), Texas Pacific Land (TPL) and Chord Energy (CHRD)

February 22, 2024 | markets.businessinsider.com

Breaking Down Chord Energy: 4 Analysts Share Their Views

February 22, 2024 | realmoney.thestreet.com

Chord Energy price target raised by $5 at Truist, here's why

February 22, 2024 | investing.com

Chord Energy and Enerplus merge to form a $11 billion powerhouse

February 22, 2024 | msn.com

Chord Energy declares $1.25 dividend

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Ex-Dividend for 3/19 Dividend: 3/04/2024
Dividend Payable: 3/19/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NASDAQ:CHRD
CUSIP: N/A
CIK: 1486159
Web: www.chordenergy.com
Phone: 281-404-9500
Fax: N/A
Employees: 514
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $190.40
High Stock Price Target: $224.00
Low Stock Price Target: $151.00
Potential Upside/Downside: +5.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $23.53
Trailing P/E Ratio: 7.70
Forward P/E Ratio: 8.24
P/E Growth: N/A
Net Income: $1.02 billion
Net Margins: 26.27%
Pretax Margin: 34.36%
Return on Equity: 16.35%
Return on Assets: 11.86%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 1.22
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: $3.90 billion
Price / Sales: 1.93
Cash Flow: $33.17 per share
Price / Cash Flow: 5.46
Book Value: $122.99 per share
Price / Book: 1.47

Miscellaneous

Outstanding Shares: 41,540,000
Free Float: 41,252,000
Market Cap: $7.52 billion
Optionable: Optionable
Beta: 1.06

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Key Executives

Mr. Daniel E. Brown (Age 49)
President, CEO & Director
Comp: $1.98M
Ms. Shannon B. Kinney (Age 49)
Executive VP, Chief Administrative Officer, General Counsel & Corporate Secretary
Comp: $647.38k
Mr. Michael H. Lou (Age 50)
Executive VP, Chief Strategy Officer & Chief Commercial Officer
Comp: $1.07M
Mr. Richard N. Robuck (Age 50)
Executive VP & CFO
Mr. Darrin J. Henke (Age 56)
Executive VP & COO
Ms. Lara J. Kroll
Vice President of Accounting
Ms. Amanda M. Hurt
Senior VP & Chief Human Resources Officer
Mr. Jason C. Swaren
Senior VP of Execution, Health & Safety
Mr. Kevin A. Kelly
Vice President of Environment & Sustainability

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CHRD Stock Analysis - Frequently Asked Questions

Should I buy or sell Chord Energy stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chord Energy in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CHRD shares.
View CHRD analyst ratings or view top-rated stocks.
What is Chord Energy's stock price target for 2024?: 9 Wall Street analysts have issued 12 month target prices for Chord Energy's stock. Their CHRD share price targets range from $151.00 to $224.00. On average, they expect the company's share price to reach $190.40 in the next year. This suggests a possible upside of 5.1% from the stock's current price.
View analysts price targets for CHRD or view top-rated stocks among Wall Street analysts.
How have CHRD shares performed in 2024?: Chord Energy's stock was trading at $166.23 at the beginning of the year. Since then, CHRD stock has increased by 9.0% and is now trading at $181.12.
View the best growth stocks for 2024 here.
Are investors shorting Chord Energy?: Chord Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,480,000 shares, an increase of 8.4% from the March 15th total of 3,210,000 shares. Based on an average trading volume of 684,700 shares, the short-interest ratio is currently 5.1 days. Currently, 8.5% of the shares of the stock are short sold.
View Chord Energy's Short Interest.
When is Chord Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CHRD earnings forecast.
How were Chord Energy's earnings last quarter?: Chord Energy Co. (NASDAQ:CHRD) released its quarterly earnings results on Wednesday, February, 21st. The company reported $5.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.04 by $0.21. The company had revenue of $964.69 million for the quarter, compared to analyst estimates of $891.67 million. Chord Energy had a net margin of 26.27% and a trailing twelve-month return on equity of 16.35%.

How often does Chord Energy pay dividends? What is the dividend yield for Chord Energy?: Chord Energy declared a quarterly dividend on Wednesday, February 21st. Investors of record on Tuesday, March 5th will be given a dividend of $3.25 per share on Tuesday, March 19th. This represents a $13.00 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Monday, March 4th. This is a positive change from the stock's previous quarterly dividend of $1.25.
Read our dividend analysis for CHRD.
Is Chord Energy a good dividend stock?: Chord Energy (NASDAQ:CHRD) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHRD will have a dividend payout ratio of 21.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHRD.
What ETFs hold Chord Energy's stock?: ETFs with the largest weight of Chord Energy (NASDAQ:CHRD) stock in their portfolio include Grizzle Growth ETF (GRZZ), Invesco Dorsey Wright Energy Momentum ETF (PXI), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco Energy Exploration & Production ETF (PXE), Fidelity Stocks For Inflation ETF (FCPI), Global SuperDividend US ETF (DIV), First Trust Natural Gas ETF (FCG) and Opus Small Cap Value Plus ETF (OSCV).
Who are Chord Energy's major shareholders?: Chord Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (0.08%), Miller Howard Investments Inc. NY (0.07%), Insight Wealth Strategies LLC (0.03%), Tealwood Asset Management Inc. (0.02%), Park Avenue Securities LLC (0.01%) and Hennion & Walsh Asset Management Inc. (0.00%). Insiders that own company stock include Charles J Rimer, Douglas E Brooks, Energy Corp Chord, Lynn A Peterson, Michael H Lou, Paul Korus and Samantha Holroyd.
View institutional ownership trends.
How do I buy shares of Chord Energy?: Shares of CHRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CHRD) was last updated on 4/18/2024 by MarketBeat.com Staff

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Chord Energy (CHRD) Stock Price, News & Analysis

Chord Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Chord Energy Stock (NASDAQ:CHRD)

CHRD Stock Price History

CHRD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CHRD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™