Horizon Investments LLC Has $1.32 Million Stake in Chord Energy Corporation $CHRD

Key Points

• Horizon Investments cut its stake in Chord Energy by 48.8%, selling 13,540 shares and leaving it with 14,196 shares worth about $1.32 million per the firm's latest 13F filing.
• Q1 results materially beat expectations (EPS $4.56 vs. $3.49; revenue $1.67B, +37% YoY), and management raised FY2026 oil-volume guidance while projecting roughly $1.4B of free cash flow in 2026 at $80/bbl.
• The board declared a quarterly dividend of $1.30 per share (about a 3.7% yield), and multiple analysts have raised price targets, leaving a consensus rating of "Moderate Buy" with a target near $153.46.

Horizon Investments LLC trimmed its position in shares of Chord Energy Corporation (NASDAQ:CHRD - Free Report) by 48.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,196 shares of the company's stock after selling 13,540 shares during the period. Horizon Investments LLC's holdings in Chord Energy were worth $1,316,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. WealthCollab LLC lifted its position in shares of Chord Energy by 90.6% during the 2nd quarter. WealthCollab LLC now owns 305 shares of the company's stock worth $30,000 after purchasing an additional 145 shares during the last quarter. Quent Capital LLC acquired a new stake in Chord Energy in the 3rd quarter valued at approximately $32,000. Pilgrim Partners Asia Pte Ltd bought a new position in Chord Energy in the 3rd quarter worth approximately $46,000. Triumph Capital Management bought a new position in Chord Energy in the 3rd quarter worth approximately $56,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Chord Energy by 111.1% during the fourth quarter. Farther Finance Advisors LLC now owns 644 shares of the company's stock worth $60,000 after buying an additional 339 shares during the last quarter. 97.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Truist Financial increased their price objective on Chord Energy from $169.00 to $187.00 and gave the company a "buy" rating in a research report on Monday, April 13th. Weiss Ratings upgraded shares of Chord Energy from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, March 17th. Piper Sandler increased their price target on shares of Chord Energy from $158.00 to $190.00 and gave the company an "overweight" rating in a report on Thursday, March 12th. Mizuho raised their price target on shares of Chord Energy from $162.00 to $164.00 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, UBS Group boosted their price objective on shares of Chord Energy from $119.00 to $142.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $153.46.

Key Stories Impacting Chord Energy

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

• Positive Sentiment: Q1 results materially beat expectations — $4.56 EPS vs. consensus ~ $3.49 and revenue of $1.67B, with revenue up ~37% year-over-year; results point to stronger operating momentum. Chord Q1 Press Release / Slide Deck
• Positive Sentiment: Management raised FY2026 oil-volume guidance by 2,000 bpd and highlighted staging/operational gains (first full 4-mile DSU pad). They forecast roughly $1.4B of 2026 free cash flow at $80/bbl — a strong cash-generation signal for investors. Chord projects about $1.4B of 2026 free cash flow
• Positive Sentiment: Board declared a quarterly base dividend of $1.30/share (ex-div May 20; payable June 5), implying a roughly 3.7% yield — supports income-oriented investors and signals capital-return discipline. Chord Energy Reports First Quarter 2026 Financial and Operating Results
• Positive Sentiment: An analyst upgrade/price-target bump from Mizuho (to $164, outperform) adds third‑party support for upside versus current levels. Benzinga – Mizuho raises price target
• Neutral Sentiment: Full earnings-call transcript and management commentary are available — useful for details on capex, well performance and share‑buyback/dividend policy intentions. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Valuation and margin optics may be pressuring the stock — a high reported P/E (~224) and a low net margin (reported ~0.9%) invite scrutiny and potential profit-taking after the recent run-up. MarketBeat – CHRD snapshot
• Negative Sentiment: Sector volatility — near‑term oil-price swings and peer results (e.g., commentary around SM Energy) can quickly shift sentiment for upstream names and weigh on shares despite company-level beats. Zacks – Sector/peer note

Insider Buying and Selling at Chord Energy

In related news, EVP Shannon Browning Kinney sold 1,801 shares of the company's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $114.36, for a total value of $205,962.36. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Lara J. Kroll sold 5,000 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $113.66, for a total transaction of $568,300.00. Following the completion of the transaction, the chief accounting officer directly owned 8,921 shares of the company's stock, valued at $1,013,960.86. This trade represents a 35.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 23,927 shares of company stock worth $2,912,028. Insiders own 0.79% of the company's stock.

Chord Energy Price Performance

Shares of NASDAQ:CHRD opened at $140.84 on Thursday. The firm has a market capitalization of $7.98 billion, a PE ratio of -124.64 and a beta of 0.52. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 0.18. Chord Energy Corporation has a 1-year low of $84.25 and a 1-year high of $150.50. The business's 50 day moving average is $130.66 and its 200-day moving average is $107.00.

Chord Energy (NASDAQ:CHRD - Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $4.56 EPS for the quarter, topping the consensus estimate of $3.49 by $1.07. Chord Energy had a positive return on equity of 7.05% and a negative net margin of 1.25%.The firm had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.21 billion. During the same period last year, the business earned $4.04 earnings per share. Chord Energy's quarterly revenue was up 37.1% compared to the same quarter last year. Sell-side analysts predict that Chord Energy Corporation will post 16.94 earnings per share for the current year.

Chord Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Wednesday, May 20th will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, May 20th. Chord Energy's dividend payout ratio (DPR) is presently -460.18%.

About Chord Energy

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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