Chord Energy Q2 EPS Estimate Cut by Capital One Financial

Chord Energy Corporation (NASDAQ:CHRD - Free Report) - Equities researchers at Capital One Financial cut their Q2 2026 earnings per share (EPS) estimates for shares of Chord Energy in a report released on Tuesday, July 15th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings of $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.

A number of other research analysts also recently weighed in on CHRD. Wells Fargo & Company raised their target price on shares of Chord Energy from $142.00 to $143.00 and gave the company an "overweight" rating in a research report on Tuesday. Citigroup raised their target price on shares of Chord Energy from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, July 9th. Royal Bank Of Canada decreased their price target on shares of Chord Energy from $165.00 to $145.00 and set an "outperform" rating on the stock in a report on Friday, April 11th. Bank of America dropped their price target on shares of Chord Energy from $114.00 to $112.00 and set a "buy" rating on the stock in a research report on Friday, May 23rd. Finally, Piper Sandler upped their price objective on shares of Chord Energy from $159.00 to $164.00 and gave the stock an "overweight" rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Chord Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $151.54.

Chord Energy Price Performance

Shares of CHRD stock traded up $0.43 during trading hours on Wednesday, reaching $106.40. 510,334 shares of the company were exchanged, compared to its average volume of 854,816. Chord Energy has a fifty-two week low of $79.83 and a fifty-two week high of $177.28. The stock's fifty day moving average is $99.30 and its two-hundred day moving average is $104.37. The company has a market cap of $6.15 billion, a price-to-earnings ratio of 7.12 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.89 and a quick ratio of 0.83.

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

Chord Energy Dividend Announcement

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. The ex-dividend date was Wednesday, May 21st. This represents a $5.20 dividend on an annualized basis and a yield of 4.89%. Chord Energy's payout ratio is 34.78%.

Insiders Place Their Bets

In other Chord Energy news, EVP Shannon Browning Kinney sold 3,091 shares of the business's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $94.10, for a total value of $290,863.10. Following the completion of the transaction, the executive vice president directly owned 21,277 shares in the company, valued at approximately $2,002,165.70. The trade was a 12.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Chord Energy

A number of institutional investors and hedge funds have recently modified their holdings of CHRD. Altshuler Shaham Ltd acquired a new position in shares of Chord Energy during the 4th quarter worth approximately $25,000. Twin Tree Management LP purchased a new stake in Chord Energy in the 4th quarter valued at $33,000. Hexagon Capital Partners LLC increased its stake in shares of Chord Energy by 321.7% in the 1st quarter. Hexagon Capital Partners LLC now owns 447 shares of the company's stock worth $50,000 after acquiring an additional 341 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of Chord Energy by 5,877.8% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 538 shares of the company's stock worth $61,000 after acquiring an additional 529 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of Chord Energy by 254.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 687 shares of the company's stock worth $67,000 after purchasing an additional 493 shares during the period. Institutional investors and hedge funds own 97.76% of the company's stock.

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.