Chord EnergyCHRD
CHRD
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 185
6.58% less ownership
Funds ownership: 94.72% [Q2] → 88.14% (-6.58%) [Q3]
8% less funds holding
Funds holding: 532 [Q2] → 490 (-42) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 20 [Q2] → 15 (-5) [Q3]
28% less capital invested
Capital invested by funds: $9.9B [Q2] → $7.1B (-$2.8B) [Q3]
36% less first-time investments, than exits
New positions opened: 63 | Existing positions closed: 98
63% less call options, than puts
Call options by funds: $11.6M | Put options by funds: $31M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$138
9%
upside
Avg. target
$169
34%
upside
High target
$193
53%
upside
9 analyst ratings
7 positive
78%
2 neutral
22%
0 negative
0%
Piper Sandler Mark Lear 54% 1-year accuracy 98 / 181 met price target | 53%upside $193 | Overweight Maintained | 15 Jan 2025 |
Wells Fargo Hanwen Chang 56% 1-year accuracy 9 / 16 met price target | 39%upside $175 | Overweight Maintained | 15 Jan 2025 |
Truist Securities Neal Dingmann 63% 1-year accuracy 100 / 159 met price target | 47%upside $186 | Buy Maintained | 13 Jan 2025 |
B of A Securities Noah Hungness 75% 1-year accuracy 9 / 12 met price target | 9%upside $138 | Neutral Downgraded | 13 Jan 2025 |
Morgan Stanley Devin McDermott 42% 1-year accuracy 10 / 24 met price target | 25%upside $158 | Equal-Weight Initiated | 10 Jan 2025 |
Financial journalist opinion
Positive
Seeking Alpha
1 month ago
Chord Energy: Stock Repurchases, Sale Of Assets, Synergies, And Extremely Cheap
Chord Energy Corporation's recent merger and asset sales are expected to enhance cash flow and balance sheet, making CHRD appear undervalued. Stock repurchases and warrant expirations in 2025 could increase demand and valuation, supported by consistent EBITDA growth over the last decade. DCF models indicate significant upside potential, with fair valuations higher than the current stock price, despite recent EPS declines and analyst downgrades.
Neutral
Business Wire
1 month ago
Gradient Geothermal Partners with Chord Energy on North Dakota Industrial Commission-backed Geothermal Project
DENVER--(BUSINESS WIRE)--Gradient Geothermal (“Gradient” or the “Company”), a Denver, Colorado-based company that generates geothermal energy derived from existing oil and gas production and infrastructure, today announced that the Company is providing Chord Energy, an independent North American oil and gas exploration and production entity, geothermal power generation and fluid cooling services. This first of its kind deployment of Gradient Geothermal's proprietary technology removes heat from.
Positive
Seeking Alpha
2 months ago
High Yield Oil And Gas Ranked By Relative Quality
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.
Neutral
Seeking Alpha
2 months ago
Chord Energy Corporation (CHRD) Q3 2024 Earnings Call Transcript
Chord Energy Corporation. (NASDAQ:CHRD ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Bob Bakanauskas - Vice President Investor Relations Danny Brown - President & Chief Executive Officer Darrin Henke - Chief Operating Officer Richard Robuck - Executive Vice President & Chief Financial Officer Michael Lou - Executive Vice President, Chief Strategy Officer & Chief Commercial Officer Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC Noah Hungness - Bank of America Phillips Johnston - Capital One Oliver Huang - TPH David Deckelbaum - TD Cowen John Abbott - Wolfe Research Paul Diamond - Citi Noel Parks - Tuohy Brothers Investment Research Operator Good morning, ladies and gentlemen, and welcome to the Chord Energy Third Quarter 2024 Earnings Call.
Positive
The Motley Fool
2 months ago
Want $1,000 in Passive Income? Invest $3,000 in These 3 Energy Dividend Payers and Wait 5 Years.
These two dividend stocks and an ETF are packed with way more passive income potential than the S&P 500.
Negative
Zacks Investment Research
2 months ago
Chord Energy Corporation (CHRD) Q3 Earnings Lag Estimates
Chord Energy Corporation (CHRD) came out with quarterly earnings of $3.40 per share, missing the Zacks Consensus Estimate of $3.64 per share. This compares to earnings of $5.04 per share a year ago.
Neutral
PRNewsWire
2 months ago
Chord Energy Reports Strong Third Quarter 2024 Financial and Operating Results, $146MM of Share Repurchases and Issues 2025 - 2027 Outlook
HOUSTON , Nov. 6, 2024 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today reported financial and operating results for the third quarter 2024. The results for the three and nine months ended September 30, 2024 include the results of Enerplus Corporation ("Enerplus") for the period subsequent to May 31, 2024, unless otherwise noted.
Positive
Forbes
2 months ago
Beat Back Market Turbulence With These Yields Up To 9%
Election. Recession. No landing. Social unrest. Election contest. Low beta, anyone? Today we'll talk calm in a sea of manic. A six-pack of tranquil dividend payers yielding up to 8.9%.
Positive
Benzinga
2 months ago
Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 8% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Negative
Zacks Investment Research
2 months ago
Analysts Estimate Chord Energy Corporation (CHRD) to Report a Decline in Earnings: What to Look Out for
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.
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