Barclays PLC Purchases 326,054 Shares of Chord Energy Corporation $CHRD

Barclays PLC grew its position in Chord Energy Corporation (NASDAQ:CHRD) by 186.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 501,170 shares of the company’s stock after acquiring an additional 326,054 shares during the quarter. Barclays PLC owned about 0.88% of Chord Energy worth $49,801,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA purchased a new stake in Chord Energy in the 3rd quarter worth about $91,434,000. Orion Porfolio Solutions LLC grew its stake in shares of Chord Energy by 6,714.2% during the second quarter. Orion Porfolio Solutions LLC now owns 709,086 shares of the company’s stock valued at $68,675,000 after buying an additional 698,680 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Chord Energy by 210.5% in the second quarter. AQR Capital Management LLC now owns 734,225 shares of the company’s stock worth $71,110,000 after buying an additional 497,789 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Chord Energy by 44.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 656,268 shares of the company’s stock worth $65,221,000 after acquiring an additional 202,270 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its holdings in Chord Energy by 22.2% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 990,381 shares of the company’s stock valued at $95,918,000 after acquiring an additional 180,000 shares during the period. 97.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Chord Energy

In related news, EVP Shannon Browning Kinney sold 1,801 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $114.36, for a total value of $205,962.36. Following the completion of the transaction, the executive vice president owned 20,188 shares of the company’s stock, valued at $2,308,699.68. The trade was a 8.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Douglas E. Brooks sold 2,126 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $120.28, for a total value of $255,715.28. Following the sale, the director owned 25,181 shares of the company’s stock, valued at approximately $3,028,770.68. This represents a 7.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,927 shares of company stock valued at $1,029,978 over the last ninety days. 0.70% of the stock is owned by company insiders.

Key Chord Energy News

Here are the key news stories impacting Chord Energy this week:

• Positive Sentiment: UBS raised its price target on CHRD to $142, signaling stronger analyst conviction about the company’s outlook — a direct positive for investor sentiment and buys. UBS Raises CHRD Price Target
• Positive Sentiment: Another outlet reports a raised price target to $120, adding to the cluster of upward revisions that support current momentum. Price Target Raised to $120
• Neutral Sentiment: A Yahoo Finance piece outlines shifting investment narratives and conflicting analyst assumptions for CHRD — useful context for understanding why some analysts differ but not an immediate buy/sell signal. How The CHRD Investment Story Is Shifting
• Neutral Sentiment: The Globe and Mail notes a rating update from a top analyst; specifics matter (upgrade vs. reiteration) but the mention reinforces why analyst flows are moving the stock. Rating Update from a Top Analyst
• Neutral Sentiment: Reported short-interest data appears anomalous (zeros/NaN). Current figures look unreliable, so short-interest-driven moves are unlikely until corrected data is available.
• Negative Sentiment: Significant insider selling: the company’s CAO sold about $568,300 of CHRD stock — a potentially negative signal that may raise governance/insider-confidence questions. CAO Insider Sale
• Negative Sentiment: Director Douglas E. Brooks sold 2,126 shares (~7.8% reduction in his reported transaction), which can weigh on sentiment when paired with other insider sales. Director Insider Sale (SEC Filing)
• Negative Sentiment: Coverage highlighting management’s comment that the company has returned more to shareholders than its current market value (the “$6.7B” framing) raises concerns about capital allocation and valuation that could cap upside. $6.7B Statement on Shareholder Returns

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CHRD shares. Scotiabank reiterated a “sector perform” rating and issued a $114.00 target price on shares of Chord Energy in a research note on Friday, January 16th. Citigroup boosted their target price on shares of Chord Energy from $97.00 to $120.00 and gave the company a “neutral” rating in a research note on Friday. Mizuho set a $148.00 price target on shares of Chord Energy in a report on Friday, January 9th. UBS Group raised their price target on shares of Chord Energy from $119.00 to $142.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Wells Fargo & Company lowered their price objective on shares of Chord Energy from $113.00 to $109.00 and set an “overweight” rating for the company in a research report on Tuesday, January 27th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Chord Energy currently has a consensus rating of “Hold” and an average price target of $125.91.

Chord Energy Price Performance

Shares of CHRD stock opened at $123.22 on Tuesday. Chord Energy Corporation has a twelve month low of $79.83 and a twelve month high of $127.56. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 0.18. The stock has a fifty day simple moving average of $100.06 and a two-hundred day simple moving average of $97.69. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 195.59 and a beta of 0.84.

Chord Energy (NASDAQ:CHRD) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.17 by $0.11. Chord Energy had a return on equity of 6.71% and a net margin of 0.91%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm posted $3.49 earnings per share. The business’s revenue for the quarter was down 19.6% on a year-over-year basis. On average, analysts predict that Chord Energy Corporation will post 15.59 EPS for the current fiscal year.

Chord Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Thursday, March 12th will be paid a dividend of $1.30 per share. The ex-dividend date is Thursday, March 12th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.2%. Chord Energy’s dividend payout ratio (DPR) is currently 825.40%.

Chord Energy Company Profile

Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.

The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.