Streetbeat News

CHRD

Chord Energy Corporation

https://www.chordenergy.com

Industry

Oil & Gas Exploration & Production

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. The company was founded in 2007 and is headquartered in Houston, Texas.

Open

126.62

Mkt cap

7.7B

Volume

572K

High

127.20

P/E Ratio

6.54

52-wk high

190.23

Low

125.48

Div yield

0.08

52-wk low

109.59

Chord Energy Corporation's recent merger and asset sales are expected to improve cash flow and balance sheet, making the stock appear undervalued. Stock repurchases and warrant expirations could boost demand and valuation, with DCF models indicating significant upside potential.

Portfolio Pulse from

December 11, 2024 | 10:30 am

Chord Energy Corporation (NASDAQ:CHRD) held its Q3 2024 earnings call on November 7, 2024. Key company executives and several analysts participated in the call.

Portfolio Pulse from

November 07, 2024 | 7:45 pm

The article suggests investing $3,000 in two energy dividend stocks and an ETF to potentially earn $1,000 in passive income over five years. These investments are highlighted as having more passive income potential than the S&P 500.

Portfolio Pulse from

November 07, 2024 | 11:30 am

Chord Energy Corporation (CHRD) reported Q3 earnings of $3.40 per share, missing the Zacks Consensus Estimate of $3.64. This is a decrease from $5.04 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 12:45 am

Chord Energy Corporation reported strong financial and operating results for Q3 2024, including $146 million in share repurchases and issued an outlook for 2025-2027.

Portfolio Pulse from

November 06, 2024 | 9:45 pm

Chord Energy's short interest has decreased by 6.86%, with 2.46 million shares sold short, representing 4.75% of its float. This is lower than the peer average of 6.52%, indicating a relatively bullish sentiment. It would take 3.33 days to cover the short positions.

Portfolio Pulse from Benzinga Insights

November 01, 2024 | 2:45 pm

Analysts have provided updated ratings and price targets for three high-yield energy stocks: Ardmore Shipping Corporation, DHT Holdings, and Chord Energy Corporation. These stocks offer dividend yields over 8%, attracting investors during market uncertainty. Ardmore Shipping and DHT Holdings have upcoming earnings announcements, which may impact their stock prices.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:42 pm

Wells Fargo analyst Hanwen Chang maintains an Overweight rating on Chord Energy but lowers the price target from $185 to $180.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:28 pm

Chord Energy (NASDAQ:CHRD) has been analyzed by 12 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $191.75, with a high of $223.00 and a low of $160.00. Analysts have decreased the average price target by 8.25%. The company has shown strong revenue growth and net margin but lags in return on equity.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 2:00 pm

UBS analyst Josh Silverstein has initiated coverage on Chord Energy with a Buy rating and set a price target of $168.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:11 pm

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