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

Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Chord Energy (NASDAQ:CHRD) but lowered the price target from $247 to $221.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:01 pm

TD Cowen analyst David Deckelbaum has downgraded Chord Energy (NASDAQ:CHRD) from Outperform to Market Perform.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:23 am

RBC Capital analyst Scott Hanold has maintained an 'Outperform' rating on Chord Energy (NASDAQ:CHRD), but lowered the price target from $185 to $180.

Portfolio Pulse from richadhand@benzinga.com

July 17, 2023 | 1:44 pm

Piper Sandler maintains its Overweight rating for Chord Energy (NASDAQ:CHRD) but lowers its price target from $204.00 to $202.00. Shares of Chord Energy are trading up 0.72% at $150.35 per share.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 5:01 pm

Piper Sandler analyst Mark Lear maintains an Overweight rating on Chord Energy (NASDAQ:CHRD) but lowers the price target from $204 to $202.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 4:19 pm

BCP Resources has acquired assets from a subsidiary of Chord Energy Corporation (NASDAQ:CHRD) in the Permian Basin, spanning 16 fields. The acquisition adds 1.3 MMBOE of net PDP reserves with 84% liquids.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 1:11 pm

Stifel analyst Derrick Whitfield maintains a Buy rating on Chord Energy (NASDAQ:CHRD) and lowers the price target from $182 to $176.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:42 am

Chord Energy Corporation (NASDAQ:CHRD) has announced a definitive agreement to acquire Williston Basin assets from XTO Energy Inc., a subsidiary of Exxon Mobil Corporation, for a total cash consideration of $375 million. The acquisition is expected to be accretive to cash flow, free cash flow, and return metrics in both the near and long-term.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:06 pm

Stifel analyst Derrick Whitfield maintains a Buy rating on Chord Energy (NASDAQ:CHRD) and lowers the price target from $185 to $182.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 11:15 am

Citigroup analyst Paul Diamond maintains a Buy rating on Chord Energy (NASDAQ:CHRD) but lowers the price target from $170 to $165.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 10:59 am

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