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NASDAQ:CHRD

Chord Energy (CHRD) Stock Price, News & Analysis

$179.40
-3.67 (-2.00%)
(As of 05/29/2024 ET)
Today's Range
$177.21
$184.28
50-Day Range
$169.06
$187.42
52-Week Range
$142.02
$190.23
Volume
1.50 million shs
Average Volume
682,613 shs
Market Capitalization
$7.48 billion
P/E Ratio
8.42
Dividend Yield
2.79%
Price Target
$195.70

Chord Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.1% Upside
$195.70 Price Target
Short Interest
Bearish
10.71% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.20mentions of Chord Energy in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.14%
From $22.02 to $22.27 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.

1.71 out of 5 stars

Oils/Energy Sector

184th out of 238 stocks

Crude Petroleum & Natural Gas Industry

61st out of 74 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

Dividends Declared Week of May 20, 2024
Breaking Down Chord Energy: 10 Analysts Share Their Views
Unveiling 9 Analyst Insights On Chord Energy
Is U.S. Shale Production Finally Nearing Its Peak?
CHRD Apr 2024 210.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/19 Dividend
3/04/2024
Dividend Payable
3/19/2024
Last Earnings
5/07/2024
Ex-Dividend for 6/5 Dividend
5/21/2024
Today
5/29/2024
Dividend Payable
6/05/2024
Next Earnings (Estimated)
8/07/2024
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
$195.70
High Stock Price Target
$233.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
29.55%

Debt

Sales & Book Value

Annual Sales
$3.90 billion
Cash Flow
$34.54 per share
Book Value
$121.73 per share

Miscellaneous

Free Float
41,401,000
Market Cap
$7.63 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 equities research 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 equities research 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 equities research analysts have issued 12-month price objectives for Chord Energy's shares. Their CHRD share price targets range from $151.00 to $233.00. On average, they expect the company's stock price to reach $195.70 in the next twelve months. This suggests a possible upside of 9.1% 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 on January 1st, 2024. Since then, CHRD stock has increased by 7.9% and is now trading at $179.40.
View the best growth stocks for 2024 here
.

When is Chord Energy's next earnings date?

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

How were Chord Energy's earnings last quarter?

Chord Energy Co. (NASDAQ:CHRD) posted its quarterly earnings results on Tuesday, May, 7th. The company reported $5.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.75 by $0.35. The company had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $771.87 million. Chord Energy had a net margin of 22.67% and a trailing twelve-month return on equity of 16.57%. The firm's revenue was up 24.8% compared to the same quarter last year. During the same period in the previous year, the company posted $4.50 EPS.

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

Chord Energy announced a quarterly dividend on Tuesday, May 7th. Shareholders of record on Wednesday, May 22nd will be given a dividend of $2.94 per share on Wednesday, June 5th. This represents a $11.76 annualized dividend and a dividend yield of 6.56%. The ex-dividend date of this dividend is Tuesday, May 21st.
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 2.78%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 23.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHRD will have a dividend payout ratio of 22.45% 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.44%), Boston Partners (3.13%), Allspring Global Investments Holdings LLC (1.28%), Allspring Global Investments Holdings LLC (1.28%), Jennison Associates LLC (1.26%) and Janus Henderson Group PLC (1.17%). 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 5/29/2024 by MarketBeat.com Staff

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