Chord Energy (NASDAQ:CHRD) Stock Price Expected to Rise, Citigroup Analyst Says

Key Points

• Citigroup raised its price target on Chord Energy from $97 to $120 but kept a neutral rating; other firms (Piper Sandler, UBS) lifted targets to $158 and $142 respectively, leaving a consensus target around $125.91 and an average rating of "Hold".
• Chord beat Q4 EPS estimates ($1.28 vs. $1.17) but reported revenue down 19.6% year‑over‑year; the stock traded near $121 (close to its 1‑year high), with a market cap of ~$6.88B and a high P/E of 192.16.
• Insiders recently sold shares (CAO sold 5,000; EVP sold 1,801), leaving insider ownership at 0.70%, while institutional investors own roughly 97.76% of the company.

Chord Energy (NASDAQ:CHRD - Get Free Report) had its price target hoisted by research analysts at Citigroup from $97.00 to $120.00 in a research report issued on Friday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Citigroup's price target would suggest a potential downside of 0.88% from the company's previous close.

Other equities analysts have also recently issued research reports about the company. Zacks Research cut Chord Energy from a "hold" rating to a "strong sell" rating in a report on Tuesday, January 20th. Jefferies Financial Group set a $99.00 price objective on Chord Energy in a report on Saturday, January 17th. Piper Sandler boosted their target price on shares of Chord Energy from $151.00 to $158.00 and gave the stock an "overweight" rating in a report on Thursday. Morgan Stanley lowered their price target on Chord Energy from $123.00 to $114.00 and set an "equal weight" rating on the stock in a research report on Friday, January 23rd. Finally, Weiss Ratings lowered shares of Chord Energy from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $125.91.

Chord Energy Trading Up 1.5%

Shares of CHRD stock traded up $1.77 during trading hours on Friday, reaching $121.06. The company had a trading volume of 450,990 shares, compared to its average volume of 882,398. Chord Energy has a 1-year low of $79.83 and a 1-year high of $122.00. The company has a 50 day moving average of $98.80 and a 200 day moving average of $97.47. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.98. The firm has a market cap of $6.88 billion, a price-to-earnings ratio of 192.16 and a beta of 0.84.

Chord Energy (NASDAQ:CHRD - Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $1.28 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same period in the previous year, the company earned $3.49 EPS. The company's revenue for the quarter was down 19.6% compared to the same quarter last year. On average, equities research analysts anticipate that Chord Energy will post 15.59 EPS for the current year.

Insider Buying and Selling at Chord Energy

In other news, CAO Lara J. Kroll sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $113.66, for a total value of $568,300.00. Following the sale, the chief accounting officer directly owned 8,921 shares in the company, valued at approximately $1,013,960.86. This trade represents a 35.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Shannon Browning Kinney sold 1,801 shares of the firm'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 transaction of $205,962.36. Following the completion of the sale, the executive vice president owned 20,188 shares in the company, valued at $2,308,699.68. This represents a 8.19% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.70% of the stock is owned by corporate insiders.

Institutional Trading of Chord Energy

A number of hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. boosted its position in Chord Energy by 5.4% during the 3rd quarter. Victory Capital Management Inc. now owns 3,166,564 shares of the company's stock worth $314,661,000 after buying an additional 163,125 shares during the period. Geode Capital Management LLC grew its stake in Chord Energy by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company's stock worth $190,346,000 after purchasing an additional 277,588 shares during the period. Wellington Management Group LLP increased its stake in shares of Chord Energy by 6.1% in the 4th quarter. Wellington Management Group LLP now owns 1,809,526 shares of the company's stock valued at $167,743,000 after acquiring an additional 104,373 shares in the last quarter. American Century Companies Inc. increased its stake in Chord Energy by 15.5% in the second quarter. American Century Companies Inc. now owns 1,337,079 shares of the company's stock valued at $129,496,000 after purchasing an additional 179,209 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. raised its stake in Chord Energy by 18.4% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,243,850 shares of the company's stock worth $115,305,000 after buying an additional 193,469 shares during the period. 97.76% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Chord Energy

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

• Positive Sentiment: UBS raised its price target on CHRD from $119 to $142 and kept a "buy" rating — this lift in analyst outlook supports further upside (~16.9% from the cited $121.50 reference). Read More.
• Positive Sentiment: Piper Sandler raised its price target from $151 to $158 and maintained an "overweight" rating — another institutional bullish signal implying roughly 30% upside from the same reference price. Read More., Read More.
• Neutral Sentiment: A comparative piece contrasts Chord with HyperDynamics, offering context on valuation and sector positioning but no company-specific catalysts. Read More.
• Neutral Sentiment: Short-interest data reported an increase but shows 0 shares / NaN in the feed (likely a reporting glitch); current days-to-cover is shown as 0.0 based on the cited average volume — not actionable until clarified by exchanges/brokers.
• Negative Sentiment: Chief Accounting Officer Lara J. Kroll sold 5,000 shares at an average $113.66 (filed with the SEC). Insider selling can be read as a modest negative signal on sentiment or for personal liquidity reasons. Read More.
• Negative Sentiment: EVP Shannon Browning Kinney sold 1,801 shares at an average $114.36 (SEC filing) — another insider sale that slightly increases selling pressure narrative. Read More.
• Negative Sentiment: Zacks reports CHRD beat Q4 EPS expectations due to lower expenses but saw year-over-year revenue and production declines and missed on sales — a mixed fundamental print that tempers enthusiasm from analyst upgrades. Read More.

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.

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