Chord Energy Corp

Chord Energy Corp Stock Forecast & Price Prediction

Live Chord Energy Corp Stock (CHRD) Price
$136.45

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$136.45

P/E Ratio

6.64

Volume Traded Today

$570,400

Dividend

$2.52

52 Week High/low

190.23/126.97

Chord Energy Corp Market Cap

$8.44B

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CHRD Summary

The Chord Energy Corp (CHRD) share price is expected to increase by 39.08% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CHRD. Price targets range from $141 at the low end to $217 at the high end. The current analyst consensus for CHRD is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CHRD Analyst Ratings

Chord Energy Corp has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Chord Energy Corp will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CHRD stock forecast by analyst

These are the latest 20 analyst ratings of CHRD.

Analyst/Firm

Rating

Price Target

Change

Date

Phillip Jungwirth
BMO Capital

Outperform

$175

Maintains

Oct 4, 2024
Hanwen Chang
Wells Fargo

Overweight

$185

Maintains

Oct 1, 2024
Neal Dingmann
Truist Securities

Buy

$185

Maintains

Sep 30, 2024
Scott Hanold
RBC Capital

Outperform

$200

Reiterates

Sep 20, 2024
Scott Hanold
RBC Capital

Outperform

$200

Reiterates

Sep 5, 2024
Lloyd Byrne
Jefferies

Hold

$160

Initiates

Sep 5, 2024
Noah Hungness
B of A Securities

Buy

$208

Maintains

Aug 21, 2024
Mark Lear
Piper Sandler

Overweight

$206

Maintains

Aug 15, 2024
Paul Diamond
Citigroup

Buy

$180

Maintains

Aug 12, 2024
Neal Dingmann
Truist Securities

Buy

$223

Maintains

Jul 22, 2024
Mark Lear
Piper Sandler

Overweight

$234

Maintains

Jul 18, 2024
Doug Leggate
Wolfe Research

Peer Perform


Reinstates

Jul 18, 2024
Paul Diamond
Citigroup

Buy

$195

Reinstates

Jul 1, 2024
Noah Hungness
B of A Securities

Buy

$201

Reinstates

Jun 14, 2024
Neal Dingmann
Truist Securities

Buy

$226

Maintains

Jun 3, 2024
Mark Lear
Piper Sandler

Overweight

$233

Maintains

May 24, 2024
Mark Lear
Piper Sandler

Overweight

$231

Maintains

May 14, 2024
Nitin Kumar
Mizuho

Buy

$214

Maintains

May 13, 2024
Scott Hanold
RBC Capital

Outperform

$200

Maintains

Apr 29, 2024
Mark Lear
Piper Sandler

Overweight

$230

Maintains

Apr 19, 2024

CHRD Company Information

What They Do: Independent exploration and production of energy resources.

Business Model: The company acquires and develops crude oil, natural gas, and natural gas liquids primarily in the Williston Basin. It generates revenue by selling these resources to refiners, marketers, and other buyers with access to transportation infrastructure like pipelines and rail.

Other Information: Formerly known as Oasis Petroleum Inc., Chord Energy Corporation rebranded in July 2022. Founded in 2007, it is headquartered in Houston, Texas, indicating a strong presence in a key energy sector.
CHRD
Chord Energy Corp (CHRD)

When did it IPO

2022

Staff Count

514

Country

United States

Sector/Industry

Energy/Oil & Gas E&P

CEO

Mr. Daniel E. Brown

Market Cap

$8.44B

Chord Energy Corp (CHRD) Financial Data

In 2023, CHRD generated $3.90B in revenue, which was a increase of 6.85% from the previous year. This can be seen as a signal that CHRD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.08B

Revenue From 2021

$1.58B

45.84 %
From Previous Year

Revenue From 2022

$3.65B

130.82 %
From Previous Year

Revenue From 2023

$3.90B

6.85 %
From Previous Year
  • Revenue TTM $4.15B
  • Operating Margin TTM 28.2%
  • Gross profit TTM $1.44B
  • Return on assets TTM 8.0%
  • Return on equity TTM 13.5%
  • Profit Margin 22.3%
  • Book Value Per Share 142.07%
  • Market capitalisation $8.44B
  • Revenue for 2021 $1.58B
  • Revenue for 2022 $3.65B
  • Revenue for 2023 $3.90B
  • EPS this year (TTM) $20.55

Chord Energy Corp (CHRD) Latest News

News Image

Sun, 06 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Chord Energy, following its merger and acquisition of Enerplus, is trading below book value with a P/E ratio of 7.43. Its success relies on oil prices amid geopolitical risks.

Why It Matters - Chord Energy's merger and acquisition position it as a strong player in the oil sector, offering value at low P/E ratios despite short-term liquidity concerns, influenced by volatile market conditions.

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Chord Energy Corporation (NASDAQ: CHRD) released its 2023 Sustainability Report, emphasizing its dedication to sustainable operations and transparency in environmental, social, and governance practices.

Why It Matters - Chord Energy's Sustainability Report signals strong ESG commitments, potentially attracting socially responsible investors and influencing stock performance through enhanced reputation and regulatory alignment.

News Image

Mon, 30 Sep 2024

Sentiment - POSITIVE

Source - Market Watch

Summary - Devon, Halliburton, and Schlumberger are projected to generate strong cash flow, indicating potential investment opportunities in these companies.

Why It Matters - The mention of Devon, Halliburton, and Schlumberger indicates strong cash flow prospects, suggesting potential for dividends and stock buybacks, which can enhance shareholder value.

News Image

Wed, 18 Sep 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Investors often seek dividend-yielding stocks during market turbulence, favoring companies with strong free cash flows and high dividend payouts.

Why It Matters - Rising market turbulence boosts demand for dividend-yielding stocks, indicating a shift towards stability and income generation, which can influence stock valuations and investment strategies.

News Image

Sun, 15 Sep 2024

Sentiment - POSITIVE

Source - CNBC

Summary - TipRanks identifies McDonald's and Chord Energy as top-performing stocks according to its analyst ranking service.

Why It Matters - Identifying top-performing stocks like McDonald's and Chord Energy can guide investment strategies, highlighting potential growth opportunities and risk management in portfolios.

News Image

Sat, 07 Sep 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - The Bakken oil field is maturing, leading to discounted valuations for regional oil companies, presenting attractive opportunities for firms with long-term production assets.

Why It Matters - Maturing Bakken oil field valuations may lead to undervalued assets, presenting potential buying opportunities for companies with long-term production prospects.

...

CHRD Frequently asked questions

The highest forecasted price for CHRD is $217 from Mark Lear at Piper Sandler.

The lowest forecasted price for CHRD is $141 from from

The CHRD analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.