Chord Energy
CHRD

$134.37

2.2%

Market Cap: $8.31B

About: Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.

Employees: 531

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 9 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

220% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 45

84% more repeat investments, than reductions

Existing positions increased: 215 | Existing positions reduced: 117

54% more funds holding in top 10

Funds holding in top 10: 13 [Q1] → 20 (+7) [Q2]

25% more capital invested

Capital invested by funds: $7.76B [Q1] → $9.69B (+$1.93B) [Q2]

23% more funds holding

Funds holding: 426 [Q1] → 525 (+99) [Q2]

15% more call options, than puts

Call options by funds: $29.7M | Put options by funds: $25.7M

12.47% less ownership

Funds ownership: 105.14% [Q1] → 92.67% (-12.47%) [Q2]

See Fund Rankings

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$160

19%

upside

Avg. target

$201

49%

upside

High target

$234

74%

upside

9 analyst ratings

8 positive

89%

1 neutral

11%

0 negative

0%

Jefferies Lloyd Byrne 16% 1-year accuracy 3 / 19 met price target	19%upside $160	Hold Initiated	5 Sept 2024
RBC Capital Scott Hanold 30% 1-year accuracy 11 / 37 met price target	49%upside $200	Outperform Reiterated	5 Sept 2024
B of A Securities Noah Hungness 45% 1-year accuracy 5 / 11 met price target	55%upside $208	Buy Maintained	21 Aug 2024
Piper Sandler Mark Lear 24% 1-year accuracy 17 / 71 met price target	53%upside $206	Overweight Maintained	15 Aug 2024
Citigroup Paul Diamond 7% 1-year accuracy 1 / 15 met price target	34%upside $180	Buy Maintained	12 Aug 2024

See Analyst Rankings

Financial journalist opinion

The Motley Fool

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Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 7% Dividend Yields

Zacks Investment Research

Chord Energy Corporation (CHRD) Misses Q2 Earnings Estimates

Chord Energy Corporation (CHRD) came out with quarterly earnings of $4.69 per share, missing the Zacks Consensus Estimate of $5 per share. This compares to earnings of $3.65 per share a year ago.

Chord Energy Corporation (CHRD) Misses Q2 Earnings Estimates

Chord Energy Reports Second Quarter 2024 Financial and Operating Results, Declares Base and Variable Dividends and Issues an Updated Outlook

HOUSTON , Aug. 7, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today reported financial and operating results for the second quarter 2024. The results for the three and six months ended June 30, 2024 include the results of Enerplus Corporation ("Enerplus") for the period subsequent to May 31, 2024, unless otherwise noted.

Chord Energy Reports Second Quarter 2024 Financial and Operating Results, Declares Base and Variable Dividends and Issues an Updated Outlook

Zacks Investment Research

Chord Energy Corporation (CHRD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Chord Energy Corporation (CHRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Chord Energy Corporation (CHRD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Chord Energy Schedules Second Quarter 2024 Earnings Release and Conference Call

HOUSTON , July 25, 2024 /PRNewswire/ -- Chord Energy Corp. (Nasdaq: CHRD) ("Chord" or the "Company") plans to announce its second quarter 2024 financial and operating results on Wednesday, August 7, 2024 after market close. The Company will host a live webcast and conference call on Thursday, August 8, 2024 at 9:00 a.m.

Chord Energy Schedules Second Quarter 2024 Earnings Release and Conference Call

Chord Energy: Synergies Expected, High FCF Yield Remains Attractive

Chord Energy engaged in M&A to boost efficiencies and profits, but WTI crude oil prices have outperformed Energy-sector equities this year. CHRD reported strong Q2 earnings, with a low P/E ratio and high free cash flow yield making the stock attractive. CHRD's EPS is expected to grow 16% this year, with a potential for a low-teens P/E ratio if EPS growth increases to high-single digits.

Chord Energy: Synergies Expected, High FCF Yield Remains Attractive

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Zacks Investment Research

Chord (CHRD) Updates 2024 Outlook After Enerplus Acquisition

Chord's (CHRD) merger with Enerplus is expected to create a leading operator within the Williston Basin, boasting a significantly low-cost inventory and a sound financial position.

Chord (CHRD) Updates 2024 Outlook After Enerplus Acquisition

Chord Energy and Enerplus Complete Combination, Creating Premier Williston-Focused E&P Company

HOUSTON, May 31, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") and Enerplus Corporation (TSX: ERF) (NYSE: ERF) ("Enerplus") announced today the completion of their previously announced business combination (the "Arrangement"). The Arrangement was approved by Chord and Enerplus shareholders on May 14, 2024 and May 24, 2024, respectively, and received the approval of the Court of King's Bench of Alberta on May 28, 2024.

Chord Energy and Enerplus Complete Combination, Creating Premier Williston-Focused E&P Company

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