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

131.96

Mkt cap

8.2B

Volume

1.1M

High

136.38

P/E Ratio

6.47

52-wk high

190.23

Low

131.65

Div yield

0.08

52-wk low

123.30

Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Chord Energy (NASDAQ:CHRD) and raised the price target from $177 to $178.

Portfolio Pulse from Benzinga Newsdesk

August 18, 2023 | 2:01 pm

Over the past 3 months, 10 analysts have published their opinion on Chord Energy (NASDAQ:CHRD) stock. The average price target for CHRD is $184.0, a decrease of 2.87% from the previous average price target of $189.44. The majority of the analysts are bullish on the stock.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 12:01 pm

Mizuho analyst Nitin Kumar maintains a 'Buy' rating on Chord Energy (NASDAQ:CHRD) and raises the price target from $177 to $180.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 11:16 am

Chord Energy (NASDAQ:CHRD) has announced a quarterly dividend of $1.25 per share. The stock will go ex-dividend on Monday, meaning it will likely open $1.25 lower. Shareholders who own CHRD as of the end of Friday's session are eligible to receive the dividend, which will be paid out on August 29, 2023.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 2:45 pm

The article identifies five value stocks in the energy sector: Dorchester Minerals (DMLP), Chord Energy (CHRD), Amplify Energy (AMPY), Tenaris (TS), and Scorpio Tankers (STNG). These companies are considered undervalued based on their low P/E multiples. However, all companies except Scorpio Tankers have seen a decrease in their dividend yield and earnings per share.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:36 pm

Chord Energy has increased its fiscal year 2023 exploration and production (E&P) and other capital expenditure (CapEx) to a range of $850M-$880M.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:19 pm

Chord Energy (NASDAQ:CHRD) reported Q2 earnings of $3.66 per share, missing the analyst consensus estimate of $3.88 by 5.67%. This is a 49.86% decrease from the same period last year. The company also reported quarterly sales of $695.43 million, missing the analyst consensus estimate of $701.66 million by 0.89%. This is a 29.13% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 12:17 pm

Chord Energy (NASDAQ:CHRD) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $3.88. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $156.84 and has seen a 25.26% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:50 am

Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Chord Energy (NASDAQ:CHRD) and raised the price target from $176 to $177.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 6:57 pm

Over the past 3 months, 12 analysts have published their opinion on Chord Energy (NASDAQ:CHRD) stock, with 8 being bullish and 4 somewhat bullish. The company has an average price target of $197.5, a 3.4% decrease from the previous average price target of $204.45.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 2:00 pm

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