Chord Energy (CHRD) Expected to Announce Earnings on Tuesday

Chord Energy (NASDAQ:CHRD - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $3.32 per share and revenue of $1.07 billion for the quarter.

Chord Energy Price Performance

CHRD stock opened at $94.34 on Tuesday. The firm has a market cap of $5.61 billion, a P/E ratio of 4.86, a P/E/G ratio of 5.83 and a beta of 0.96. The firm's fifty day moving average is $102.04 and its 200 day moving average is $114.83. Chord Energy has a 52 week low of $79.83 and a 52 week high of $188.02. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 0.93.

Chord Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Tuesday, March 11th were given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 5.51%. This is a positive change from Chord Energy's previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Tuesday, March 11th. Chord Energy's dividend payout ratio is presently 32.62%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Bank of America upgraded Chord Energy from a "neutral" rating to a "buy" rating and set a $114.00 target price for the company in a report on Tuesday. Piper Sandler cut their target price on shares of Chord Energy from $184.00 to $183.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company lowered their price target on shares of Chord Energy from $166.00 to $158.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Truist Financial raised their price target on shares of Chord Energy from $185.00 to $186.00 and gave the stock a "buy" rating in a report on Monday, January 13th. Finally, Williams Trading set a $155.00 price objective on shares of Chord Energy in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Chord Energy has a consensus rating of "Moderate Buy" and an average target price of $156.08.

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.

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