Analysts Set Expectations for Chord Energy Q2 Earnings

Chord Energy Corporation (NASDAQ:CHRD - Free Report) - Stock analysts at Capital One Financial lowered their Q2 2026 earnings per share estimates for shares of Chord Energy in a report issued on Tuesday, July 15th. Capital One Financial analyst P. Johnston now expects that the company will earn $2.52 per share for the quarter, down from their previous forecast of $2.81. The consensus estimate for Chord Energy's current full-year earnings is $15.59 per share. Capital One Financial also issued estimates for Chord Energy's Q3 2026 earnings at $2.86 EPS, Q4 2026 earnings at $2.69 EPS and FY2027 earnings at $11.77 EPS.

Chord Energy (NASDAQ:CHRD - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $4.04 EPS for the quarter, beating the consensus estimate of $3.60 by $0.44. Chord Energy had a net margin of 16.15% and a return on equity of 10.34%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the company earned $5.10 earnings per share. The firm's revenue was up 12.0% on a year-over-year basis.

Several other equities research analysts have also commented on CHRD. Wells Fargo & Company upped their price target on shares of Chord Energy from $142.00 to $143.00 and gave the company an "overweight" rating in a report on Tuesday. Wall Street Zen raised shares of Chord Energy from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Morgan Stanley set a $139.00 price target on shares of Chord Energy and gave the company a "cautious" rating in a report on Wednesday, March 26th. Citigroup increased their target price on shares of Chord Energy from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Finally, Royal Bank Of Canada lowered their target price on shares of Chord Energy from $165.00 to $145.00 and set an "outperform" rating on the stock in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $151.54.

Chord Energy Stock Performance

NASDAQ:CHRD traded down $0.51 during mid-day trading on Wednesday, hitting $105.46. The company's stock had a trading volume of 129,086 shares, compared to its average volume of 851,748. Chord Energy has a 1 year low of $79.83 and a 1 year high of $177.95. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.89 and a quick ratio of 0.83. The stock has a market cap of $6.09 billion, a price-to-earnings ratio of 7.06 and a beta of 0.96. The business's fifty day moving average is $99.03 and its two-hundred day moving average is $104.44.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Natixis Advisors LLC purchased a new position in Chord Energy in the 4th quarter worth approximately $1,191,000. JPMorgan Chase & Co. increased its holdings in shares of Chord Energy by 3.3% during the 4th quarter. JPMorgan Chase & Co. now owns 263,288 shares of the company's stock worth $30,784,000 after buying an additional 8,455 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Chord Energy by 6.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 791,958 shares of the company's stock worth $89,198,000 after buying an additional 47,649 shares during the last quarter. New York State Teachers Retirement System increased its holdings in shares of Chord Energy by 8.4% during the 1st quarter. New York State Teachers Retirement System now owns 29,190 shares of the company's stock worth $3,290,000 after buying an additional 2,263 shares during the last quarter. Finally, Aurora Investment Counsel acquired a new stake in shares of Chord Energy during the 1st quarter worth approximately $1,940,000. 97.76% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Chord Energy news, EVP Shannon Browning Kinney sold 3,091 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $94.10, for a total value of $290,863.10. Following the transaction, the executive vice president directly owned 21,277 shares of the company's stock, valued at $2,002,165.70. This trade represents a 12.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.70% of the stock is owned by company insiders.

Chord Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 9th. Shareholders of record on Wednesday, May 21st were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend was Wednesday, May 21st. Chord Energy's dividend payout ratio (DPR) is 34.78%.

Chord Energy Company Profile

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.