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 (NASDAQ:CHRD) has significantly outperformed the market over the past 5 years, with an annualized return of 93.79% and an average annual return of 107.04%. A $1000 investment in CHRD 5 years ago would be worth $38,451.30 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 3:00 pm

Chord Energy's (NYSE:CHRD) short interest has risen by 22.15%, with 4.22 million shares sold short, representing 8.05% of its float. This is higher than its peers' average short interest of 6.59%. Increased short interest can indicate bearish sentiment but can also be a bullish signal if traders cover their positions.

Portfolio Pulse from Benzinga Insights

July 15, 2024 | 6:00 pm

Over the past three months, 9 analysts have evaluated Chord Energy (NASDAQ:CHRD), with a mix of bullish and somewhat bullish ratings. The average 12-month price target is $217.11, reflecting a slight increase from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with most maintaining a positive outlook. Chord Energy has shown strong financial metrics, including revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:01 pm

Citigroup analyst Paul Diamond has reinstated a Buy rating on Chord Energy (NASDAQ:CHRD) and set a price target of $195.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:47 pm

Chord Energy (NASDAQ:CHRD) has outperformed the market over the past 10 years with an average annual return of 12.43%, resulting in a $1000 investment growing to $3,101.17. The company currently has a market capitalization of $10.40 billion.

Portfolio Pulse from Benzinga Insights

June 19, 2024 | 8:00 pm

B of A Securities has reinstated a Buy rating on Chord Energy (NASDAQ:CHRD) with a price target of $201, as announced by analyst Noah Hungness.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:08 pm

Chord Energy (NASDAQ:CHRD) has outperformed the market over the past 10 years with an average annual return of 12.23%. A $100 investment in CHRD 10 years ago would be worth $321.77 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 3:00 pm

Analysts have varied opinions on Chord Energy (NASDAQ:CHRD) with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $219.11. Recent analyst actions include both raises and lowers in price targets, reflecting evolving market conditions and company performance. Chord Energy has shown strong financial performance with significant revenue growth, high net margin, and efficient debt management.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 2:01 pm

Truist Securities analyst Neal Dingmann maintains a Buy rating on Chord Energy (NASDAQ:CHRD) but lowers the price target from $228 to $226.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:13 pm

Enerplus shareholders have approved the acquisition by Chord Energy, with the deal expected to close around May 31, 2024, pending a final court order and other conditions.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 4:43 pm

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