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

Mizuho analyst Nitin Kumar has maintained a Buy rating on Chord Energy (NASDAQ:CHRD) but has reduced the price target from $197 to $188.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 4:59 pm

Chord Energy (NYSE:CHRD) has seen a decrease in short interest, with the short percent of float dropping by 5.91% since the last report. The company has 1.70 million shares sold short, representing 4.14% of available shares. The current short interest is below the peer group average of 6.37%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 7:30 pm

Chord Energy Corporation (CHRD) announced leadership changes with Susan Cunningham as Independent Chair and Darrin Henke as EVP and COO, effective in 2024. Bridgeline Digital (BLIN) reported a narrower Q4 loss but missed sales estimates. Profound Medical (PROF) priced a public offering at $7.50 per share. ReTo Eco-Solutions (RETO) reported a significant loss and revenue decline for the six months ended June 30, 2023. AMCON Distributing Company (DIT) declared a special cash dividend.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 9:24 am

Chord Energy has announced the appointment of Darrin Henke as its new Executive Vice President and Chief Operating Officer, effective January 2, 2024. The current COO, Chip Rimer, is set to retire on January 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 9:33 pm

Chord Energy has announced that Susan Cunningham will become the Independent Chair of the Board, effective January 1, 2024, following the retirement of current Executive Chair Lynn A. Peterson on December 31, 2023. This transition will decrease the Board size to nine members.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 9:31 pm

Mid-cap ETFs with AUM between $2 billion and $10 billion were screened for weekly performance. iShares S&P Mid-Cap 400 Value ETF (IJJ) and Vanguard S&P 500 Value ETF (VOOV) saw significant inflows, while Materials Select Sector SPDR Fund (XLB) and SPDR S&P Oil & Gas Exploration & Production ETF (XOP) experienced notable outflows. IJJ and VOOV are positioned as 'value' funds, with IJJ holding Jabil Inc. (JBL) and Equity LifeStyle Properties, Inc. (ELS) as its largest holdings, and VOOV holding Microsoft Corporation (MSFT) and Meta Platforms Inc. (META). XLB's largest holdings include Linde plc. (LIN) and Sherwin-Williams Company (SHW), while XOP's include Phillips 66 (PSX) and Chord Energy Corporation (CHRD).

Portfolio Pulse from Johnny Rice

December 18, 2023 | 10:32 pm

RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Chord Energy (NASDAQ:CHRD) and maintained a price target of $180.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 5:52 pm

Stifel has maintained its Buy rating for Chord Energy (NASDAQ:CHRD) but reduced its price target from $185.00 to $183.00. Chord Energy's shares are currently trading at $163.20, and the new price target suggests a potential upside of 12.13%. Chord Energy is an independent oil and gas company focused on exploration and production in the Williston Basin.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 5:00 pm

Stifel analyst Derrick Whitfield has maintained a Buy rating on Chord Energy (NASDAQ:CHRD) but has reduced the price target from $185 to $183.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:13 pm

Piper Sandler analyst Mark Lear has maintained an Overweight rating on Chord Energy (NASDAQ:CHRD) and increased the price target from $206 to $209.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 3:28 pm

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