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

106.51

Mkt cap

6.4B

Volume

828K

High

108.55

P/E Ratio

6.72

52-wk high

190.23

Low

106.35

Div yield

0.08

52-wk low

99.40

Chord Energy (CHRD) is highlighted for its superior value, high oil cuts, and double-digit free cash flow yields. The company is trading at a significantly lower price-to-FCF multiple compared to larger peers like Exxon Mobil, Occidental Petroleum, and ConocoPhillips. CHRD's focus on capital efficiency and its well-covered 4.5% base dividend make it an attractive investment.

Portfolio Pulse from

February 05, 2025 | 6:30 am

Top Wall Street analysts recommend dividend stocks like AT&T and Diamondback Energy for stable returns, according to TipRanks' analyst ranking service.

Portfolio Pulse from

January 26, 2025 | 12:30 pm

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

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