Chord Energy (NASDAQ:CHRD – Get Free Report) and Diamondback Energy (NASDAQ:FANG – Get Free Report) are both energy companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, valuation and dividends.
Valuation and Earnings
This table compares Chord Energy and Diamondback Energy”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Chord Energy | $5.25 billion | 1.02 | $848.63 million | $3.93 | 23.72 |
| Diamondback Energy | $11.07 billion | 3.78 | $3.34 billion | $14.07 | 10.26 |
Insider & Institutional Ownership
97.8% of Chord Energy shares are owned by institutional investors. Comparatively, 90.0% of Diamondback Energy shares are owned by institutional investors. 0.7% of Chord Energy shares are owned by insiders. Comparatively, 0.5% of Diamondback Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Risk and Volatility
Chord Energy has a beta of 0.94, meaning that its share price is 6% less volatile than the S&P 500. Comparatively, Diamondback Energy has a beta of 1.04, meaning that its share price is 4% more volatile than the S&P 500.
Dividends
Chord Energy pays an annual dividend of $5.20 per share and has a dividend yield of 5.6%. Diamondback Energy pays an annual dividend of $4.00 per share and has a dividend yield of 2.8%. Chord Energy pays out 132.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Diamondback Energy pays out 28.4% of its earnings in the form of a dividend. Chord Energy has raised its dividend for 1 consecutive years and Diamondback Energy has raised its dividend for 7 consecutive years.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Chord Energy and Diamondback Energy, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Chord Energy | 0 | 3 | 10 | 0 | 2.77 |
| Diamondback Energy | 0 | 1 | 20 | 2 | 3.04 |
Chord Energy currently has a consensus price target of $138.38, suggesting a potential upside of 48.45%. Diamondback Energy has a consensus price target of $189.91, suggesting a potential upside of 31.52%. Given Chord Energy’s higher possible upside, equities analysts clearly believe Chord Energy is more favorable than Diamondback Energy.
Profitability
This table compares Chord Energy and Diamondback Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Chord Energy | 5.02% | 9.02% | 5.97% |
| Diamondback Energy | 27.25% | 9.48% | 5.63% |
Summary
Diamondback Energy beats Chord Energy on 12 of the 18 factors compared between the two stocks.
About Chord Energy
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.
About Diamondback Energy
Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns and operates midstream infrastructure assets, in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
Receive News & Ratings for Chord Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chord Energy and related companies with MarketBeat.com's FREE daily email newsletter.
