Chord Energy FY2025 EPS Increased by Capital One Financial

Chord Energy Co. (NASDAQ:CHRD) – Equities research analysts at Capital One Financial raised their FY2025 earnings per share estimates for shares of Chord Energy in a research report issued on Wednesday, May 7th. Capital One Financial analyst P. Johnston now anticipates that the company will earn $12.75 per share for the year, up from their previous estimate of $11.80. The consensus estimate for Chord Energy’s current full-year earnings is $15.59 per share.

Several other brokerages have also commented on CHRD. Williams Trading set a $155.00 price target on shares of Chord Energy in a research note on Wednesday, March 5th. Royal Bank of Canada cut their target price on Chord Energy from $165.00 to $145.00 and set an “outperform” rating on the stock in a research report on Friday, April 11th. Citigroup decreased their target price on Chord Energy from $135.00 to $120.00 and set a “buy” rating for the company in a research report on Monday, April 7th. Morgan Stanley set a $139.00 price target on Chord Energy and gave the stock a “cautious” rating in a research note on Wednesday, March 26th. Finally, Mizuho reduced their price objective on Chord Energy from $154.00 to $150.00 and set an “outperform” rating for the company in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $153.92.

Chord Energy Stock Up 1.9%

Shares of NASDAQ:CHRD opened at $99.49 on Monday. The firm has a 50 day simple moving average of $98.47 and a 200-day simple moving average of $112.17. Chord Energy has a twelve month low of $79.83 and a twelve month high of $188.02. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $5.92 billion, a PE ratio of 5.12, a P/E/G ratio of 5.83 and a beta of 0.99.

Chord Energy (NASDAQ:CHRD) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $4.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.60 by $0.44. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.07 billion. Chord Energy had a return on equity of 12.88% and a net margin of 19.74%. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the company posted $5.10 earnings per share.

Chord Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 9th. Investors of record on Wednesday, May 21st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 5.23%. The ex-dividend date of this dividend is Wednesday, May 21st. Chord Energy’s dividend payout ratio is presently 34.78%.

Insider Activity at Chord Energy

In other Chord Energy news, EVP Shannon Browning Kinney sold 3,091 shares of the company’s stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $94.10, for a total transaction of $290,863.10. Following the completion of the transaction, the executive vice president now owns 21,277 shares in the company, valued at approximately $2,002,165.70. This represents a 12.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Altshuler Shaham Ltd purchased a new stake in Chord Energy in the 4th quarter valued at approximately $25,000. Brooklyn Investment Group purchased a new position in shares of Chord Energy during the 4th quarter worth approximately $29,000. Twin Tree Management LP acquired a new stake in shares of Chord Energy in the 4th quarter valued at approximately $33,000. Larson Financial Group LLC boosted its stake in shares of Chord Energy by 238.3% in the fourth quarter. Larson Financial Group LLC now owns 318 shares of the company’s stock valued at $37,000 after buying an additional 224 shares in the last quarter. Finally, Hexagon Capital Partners LLC boosted its stake in shares of Chord Energy by 321.7% in the first quarter. Hexagon Capital Partners LLC now owns 447 shares of the company’s stock valued at $50,000 after buying an additional 341 shares in the last quarter. 97.76% of the stock is currently owned by institutional investors and hedge funds.

Chord Energy Company Profile

Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities.