NASDAQ:CHRD

Chord Energy (CHRD) Stock Price, News & Analysis

$184.58
+0.99 (+0.54%)
(As of 04:32 PM ET)
Today's Range
$181.99
$185.29
50-Day Range
$159.73
$187.42
52-Week Range
$133.34
$190.23
Volume
380,722 shs
Average Volume
660,368 shs
Market Capitalization
$7.67 billion
P/E Ratio
7.84
Dividend Yield
2.71%
Price Target
$191.50

Chord Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
3.9% Upside
$191.50 Price Target
Short Interest
Bearish
9.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.91mentions of Chord Energy in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$957,450 Sold Last Quarter
Proj. Earnings Growth
1.06%
From $21.60 to $21.83 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.

1.73 out of 5 stars

Oils/Energy Sector

188th out of 234 stocks

Crude Petroleum & Natural Gas Industry

63rd out of 73 stocks

CHRD stock logo

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

CHRD Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Unveiling 9 Analyst Insights On Chord Energy
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Is U.S. Shale Production Finally Nearing Its Peak?
CHRD Apr 2024 210.000 call
CHRD Apr 2024 185.000 call
CHRD Apr 2024 180.000 call
The Analyst Landscape: 8 Takes On Chord Energy
Chord Energy Updates Executive Leadership Team
Chord Energy Corp's Dividend Analysis
Chord Energy And Enerplus: A Marriage That Makes Sense
Chord Energy Full Year 2023 Earnings: Beats Expectations
See More Headlines
Receive CHRD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Chord Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/19 Dividend
3/04/2024
Dividend Payable
3/19/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:CHRD
Fax
N/A
Employees
514
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$191.50
High Stock Price Target
$230.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+4.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
34.36%

Debt

Sales & Book Value

Annual Sales
$3.90 billion
Cash Flow
$33.99 per share
Book Value
$122.99 per share

Miscellaneous

Free Float
41,252,000
Market Cap
$7.62 billion
Optionable
Optionable
Beta
1.06
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

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. LouMr. 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

CHRD Stock Analysis - Frequently Asked Questions

Should I buy or sell Chord Energy stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chord Energy in the last twelve months. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street 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 1-year target prices for Chord Energy's shares. Their CHRD share price targets range from $151.00 to $230.00. On average, they anticipate the company's stock price to reach $191.50 in the next twelve months. This suggests a possible upside of 3.9% 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 2024. Since then, CHRD stock has increased by 10.8% and is now trading at $184.26.
View the best growth stocks for 2024 here
.

Are investors shorting Chord Energy?

Chord Energy saw a increase in short interest in 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 daily volume of 684,700 shares, the days-to-cover ratio is presently 5.1 days. Currently, 8.5% of the shares of the stock are sold short.
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 Tuesday, May 7th 2024.
View our CHRD earnings forecast
.

How can I listen to Chord Energy's earnings call?

Chord Energy will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-517-4150 with passcode "34205 #".

How were Chord Energy's earnings last quarter?

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

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. Shareholders 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 dividend yield of 7.06%. The ex-dividend date of this dividend is Monday, March 4th. This is an increase 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 2.73%. 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 22.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHRD.

Who are Chord Energy's major shareholders?

Chord Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (1.28%), Raymond James & Associates (0.19%), Hodges Capital Management Inc. (0.08%), Miller Howard Investments Inc. NY (0.07%), Amalgamated Bank (0.05%) and United Capital Management of KS Inc. (0.05%). 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 4/25/2024 by MarketBeat.com Staff

From Our Partners