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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.