S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NASDAQ:CHRD

Chord Energy (CHRD) Stock Price, News & Analysis

$162.45
+0.86 (+0.53%)
(As of 02/29/2024 ET)
Today's Range
$161.21
$164.05
50-Day Range
$150.29
$171.49
52-Week Range
$117.05
$175.20
Volume
716,588 shs
Average Volume
585,655 shs
Market Capitalization
$6.73 billion
P/E Ratio
6.90
Dividend Yield
3.08%
Price Target
$190.20

Chord Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
17.1% Upside
$190.20 Price Target
Short Interest
Healthy
4.72% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.02mentions of Chord Energy in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$2.18 M Sold Last Quarter
Proj. Earnings Growth
10.33%
From $19.16 to $21.14 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.

4.69 out of 5 stars

Oils/Energy Sector

21st out of 236 stocks

Crude Petroleum & Natural Gas Industry

9th out of 76 stocks


CHRD stock logo

About Chord Energy Stock (NASDAQ:CHRD)

Chord Energy Corporation operates as an independent exploration and production company. It acquires, exploits, develops, and explores for crude oil, natural gas, and natural gas liquids in the Williston Basin. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.

CHRD Stock Price History

CHRD Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Chord Energy (NASDAQ:CHRD) PT Raised to $218.00 at Piper Sandler
Chord Energy And Enerplus: A Marriage That Makes Sense
Chord Energy Full Year 2023 Earnings: Beats Expectations
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Chord Energy (NASDAQ:CHRD) Given New $189.00 Price Target at Mizuho
Breaking Down Chord Energy: 4 Analysts Share Their Views
Chord Energy price target raised by $5 at Truist, here's why
Chord Energy declares $1.25 dividend
Chord Energy to buy Canada's Enerplus
See More Headlines
Receive CHRD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Chord Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/01/2023
Today
3/01/2024
Ex-Dividend for 3/19 Dividend
3/04/2024
Dividend Payable
3/19/2024
Next Earnings (Estimated)
5/01/2024
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
531
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$190.20
High Stock Price Target
$229.00
Low Stock Price Target
$151.00
Potential Upside/Downside
+17.1%
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
$33.77 per share
Book Value
$122.51 per share

Miscellaneous

Free Float
41,063,000
Market Cap
$6.73 billion
Optionable
Optionable
Beta
1.07
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Daniel E. Brown (Age 49)
    President, CEO & Director
    Comp: $1.86M
  • Mr. Michael H. LouMr. Michael H. Lou (Age 50)
    CFO & Executive VP
    Comp: $1.2M
  • Mr. Darrin J. Henke (Age 56)
    Executive VP & COO
  • Ms. Lara J. Kroll
    Vice President of Accounting
  • Mr. Richard N. Robuck (Age 50)
    Senior Vice President of Corporate Planning & Investor Relations
  • Ms. Shannon B. Kinney
    Executive VP, General Counsel & Corporate Secretary
  • 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 year. 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 analysts have issued 1 year price objectives for Chord Energy's stock. Their CHRD share price targets range from $151.00 to $229.00. On average, they predict the company's share price to reach $190.20 in the next year. This suggests a possible upside of 17.1% 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 decreased by 2.3% and is now trading at $162.45.
View the best growth stocks for 2024 here
.

Are investors shorting Chord Energy?

Chord Energy saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 1,900,000 shares, a decline of 5.5% from the January 31st total of 2,010,000 shares. Based on an average daily trading volume, of 509,500 shares, the short-interest ratio is currently 3.7 days. Approximately 4.7% of the shares of the company are short sold.
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 Wednesday, May 1st 2024.
View our CHRD earnings forecast
.

How were Chord Energy's earnings last quarter?

Chord Energy Co. (NASDAQ:CHRD) announced its earnings results on Wednesday, November, 1st. The company reported $5.04 EPS for the quarter, missing the consensus estimate of $5.22 by $0.18. The firm earned $840.60 million during the quarter, compared to analyst estimates of $763.94 million. Chord Energy had a trailing twelve-month return on equity of 16.35% and a net margin of 26.27%. Chord Energy's quarterly revenue was down 20.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.20 earnings per share.

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

Chord Energy announced a quarterly dividend on Wednesday, February 21st. Stockholders 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 dividend on an annualized basis and a yield of 8.00%. The ex-dividend date of this dividend is Monday, March 4th. This is an increase 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 3.13%. 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 23.65% 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.52%), First Trust Advisors LP (3.40%), Dimensional Fund Advisors LP (1.62%), Boston Partners (1.53%), Northern Trust Corp (1.42%) and Condire Management LP (1.33%). 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 3/1/2024 by MarketBeat.com Staff