NASDAQ:CHRD

Chord Energy (CHRD) Stock Price, News & Analysis

$181.10
+1.61 (+0.90%)
(As of 04:00 PM ET)
Today's Range
$178.86
$181.31
50-Day Range
$160.23
$187.42
52-Week Range
$137.78
$190.23
Volume
615,864 shs
Average Volume
662,758 shs
Market Capitalization
$7.55 billion
P/E Ratio
8.50
Dividend Yield
2.76%
Price Target
$193.50

Chord Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.9% Upside
$195.40 Price Target
Short Interest
Bearish
10.89% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.02mentions of Chord Energy in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$495,000 Sold Last Quarter
Proj. Earnings Growth
2.65%
From $22.29 to $22.88 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.

2.82 out of 5 stars

Oils/Energy Sector

139th out of 242 stocks

Crude Petroleum & Natural Gas Industry

50th out of 78 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

Breaking Down Chord Energy: 10 Analysts Share Their Views
Does this chart look familiar?
Investors who understand when to get in — and when to get out… Can make a lot of money. Like in the chart, I showed you above…
Does this chart look familiar?
Investors who understand when to get in — and when to get out… Can make a lot of money. Like in the chart, I showed you above…
Chord Energy (CHRD) Set to Announce Earnings on Tuesday
Unveiling 9 Analyst Insights On Chord Energy
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
See More Headlines
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Company Calendar

Ex-Dividend for 3/19 Dividend
3/04/2024
Dividend Payable
3/19/2024
Last Earnings
5/07/2024
Today
5/13/2024
Ex-Dividend for 6/5 Dividend
5/21/2024
Dividend Payable
6/05/2024
Next Earnings (Estimated)
8/07/2024
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
$193.50
High Stock Price Target
$230.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
29.55%

Debt

Sales & Book Value

Annual Sales
$3.90 billion
Cash Flow
$33.93 per share
Book Value
$122.99 per share

Miscellaneous

Free Float
41,401,000
Market Cap
$7.48 billion
Optionable
Optionable
Beta
1.07
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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. 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 research analysts have issued 12-month target prices for Chord Energy's stock. Their CHRD share price targets range from $151.00 to $230.00. On average, they expect the company's share price to reach $195.40 in the next year. This suggests a possible upside of 7.9% 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 start of the year. Since then, CHRD shares have increased by 8.9% and is now trading at $181.08.
View the best growth stocks for 2024 here
.

When is Chord Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CHRD earnings forecast
.

How were Chord Energy's earnings last quarter?

Chord Energy Co. (NASDAQ:CHRD) announced its quarterly earnings results on Tuesday, May, 7th. The company reported $5.10 EPS for the quarter, topping the consensus estimate of $4.75 by $0.35. The business earned $1.09 billion during the quarter, compared to the consensus estimate of $771.87 million. Chord Energy had a net margin of 22.67% and a trailing twelve-month return on equity of 16.57%. The company's revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the company earned $4.50 earnings per share.

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

Chord Energy announced a quarterly dividend on Tuesday, May 7th. Investors of record on Wednesday, May 22nd will be paid a dividend of $2.94 per share on Wednesday, June 5th. This represents a $11.76 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Tuesday, May 21st.
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 2.79%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHRD will have a dividend payout ratio of 21.85% 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.44%), Allspring Global Investments Holdings LLC (1.28%), Allspring Global Investments Holdings LLC (1.28%), Jennison Associates LLC (1.26%), Principal Financial Group Inc. (0.94%) and Donald Smith & CO. Inc. (0.93%). 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 5/13/2024 by MarketBeat.com Staff

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