NASDAQ:CHRD

Chord Energy (CHRD) Stock Price, News & Analysis

$178.89
+0.56 (+0.31%)
(As of 03:22 PM ET)
Today's Range
$178.10
$180.52
50-Day Range
$160.23
$187.42
52-Week Range
$137.78
$190.23
Volume
368,401 shs
Average Volume
659,176 shs
Market Capitalization
$7.43 billion
P/E Ratio
7.60
Dividend Yield
2.80%
Price Target
$193.50

Chord Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.8% Upside
$193.50 Price Target
Short Interest
Bearish
9.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.19mentions of Chord Energy in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$495,000 Sold Last Quarter
Proj. Earnings Growth
1.54%
From $22.03 to $22.37 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.

2.90 out of 5 stars

Oils/Energy Sector

138th out of 243 stocks

Crude Petroleum & Natural Gas Industry

52nd 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

Chord Energy (CHRD) Set to Announce Earnings on Tuesday
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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
The Analyst Landscape: 8 Takes On Chord Energy
Chord Energy Updates Executive Leadership Team
Chord Energy Corp's Dividend Analysis
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/19 Dividend
3/04/2024
Dividend Payable
3/19/2024
Today
5/07/2024
Next Earnings (Confirmed)
5/07/2024
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
+7.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
34.36%

Debt

Sales & Book Value

Annual Sales
$3.90 billion
Cash Flow
$34.61 per share
Book Value
$122.99 per share

Miscellaneous

Free Float
41,252,000
Market Cap
$7.46 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 brokerages have issued 12 month price targets for Chord Energy's stock. Their CHRD share price targets range from $151.00 to $230.00. On average, they predict the company's stock price to reach $193.50 in the next year. This suggests a possible upside of 7.8% 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 7.9% and is now trading at $179.43.
View the best growth stocks for 2024 here
.

Are investors shorting Chord Energy?

Chord Energy saw a increase in short interest in March. As of March 31st, there was short interest totaling 3,480,000 shares, an increase of 8.4% from the March 15th total of 3,210,000 shares. Based on an average daily volume of 684,700 shares, the short-interest ratio is presently 5.1 days. Approximately 8.5% of the shares of the company are sold short.
View Chord Energy's Short Interest
.

When is Chord Energy's next earnings date?

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

How can I listen to Chord Energy's earnings call?

Chord Energy will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-517-4150 with passcode "34205 #".

How were Chord Energy's earnings last quarter?

Chord Energy Co. (NASDAQ:CHRD) announced its quarterly earnings results on Wednesday, February, 21st. The company reported $5.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.04 by $0.21. The firm earned $964.69 million during the quarter, compared to analysts' expectations of $891.67 million. Chord Energy had a net margin of 26.27% and a trailing twelve-month return on equity of 16.35%.

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

Chord Energy declared a quarterly dividend on Wednesday, February 21st. Investors of record on Tuesday, March 5th will be paid a dividend of $3.25 per share on Tuesday, March 19th. This represents a $13.00 annualized dividend and a dividend yield of 7.25%. The ex-dividend date of this dividend is Monday, March 4th. This is a boost from the stock's previous quarterly dividend of $1.25.
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 2.84%. The dividend payout ratio is 21.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHRD will have a dividend payout ratio of 22.35% 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 number of retail and institutional investors. Top institutional investors include 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%), LSV Asset Management (0.32%) and Retirement Systems of Alabama (0.28%). 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 5/7/2024 by MarketBeat.com Staff

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