Chord Energy (NASDAQ:CHRD) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen downgraded shares of Chord Energy (NASDAQ:CHRD) from a strong-buy rating to a buy rating in a report released on Saturday,Wall Street Zen reports.

Other analysts also recently issued reports about the company. Mizuho increased their price objective on Chord Energy from $175.00 to $179.00 and gave the company an “outperform” rating in a report on Monday, October 5th. Scotiabank initiated coverage on shares of Chord Energy in a research report on Wednesday, October 14th. They issued a “sector outperform” rating and a $192.00 price target on the stock. Citigroup boosted their price target on shares of Chord Energy from $130.00 to $150.00 and gave the stock a “neutral” rating in a research report on Thursday, September 17th. Stifel Nicolaus began coverage on shares of Chord Energy in a research note on Thursday, September 10th. They issued a “buy” rating and a $182.00 price objective on the stock. Finally, UBS Group increased their price objective on shares of Chord Energy from $193.00 to $197.00 and gave the stock a “buy” rating in a research report on Tuesday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $174.62.

Chord Energy Stock Up 3.1%

NASDAQ:CHRD opened at $136.49 on Friday. Chord Energy has a one year low of $84.41 and a one year high of $159.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.34 and a quick ratio of 1.15. The company has a market cap of $7.47 billion, a PE ratio of 8.56 and a beta of 0.48. The firm’s 50 day simple moving average is $145.42 and its 200 day simple moving average is $131.87.

Chord Energy (NASDAQ:CHRD) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $6.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.68 by $0.40. The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Chord Energy had a net margin of 13.40% and a return on equity of 12.54%. The company’s revenue was up 30.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.35 EPS. On average, research analysts anticipate that Chord Energy will post 23.11 earnings per share for the current year.

Chord Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Investors of record on Thursday, November 19th will be issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Thursday, November 19th. Chord Energy’s dividend payout ratio (DPR) is 32.60%.

Insider Activity at Chord Energy

In related news, EVP Shannon Kinney sold 4,019 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $140.00, for a total transaction of $562,660.00. Following the completion of the transaction, the executive vice president directly owned 13,560 shares in the company, valued at $1,898,400. The trade was a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Samantha Mckinney sold 9,750 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $149.94, for a total transaction of $1,461,915.00. Following the completion of the transaction, the director directly owned 7,280 shares of the company’s stock, valued at approximately $1,091,563.20. This represents a 57.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 15,969 shares of company stock worth $2,324,479. Insiders own 0.79% of the company’s stock.

Hedge Funds Weigh In On Chord Energy

Large investors have recently modified their holdings of the company. Bessemer Group Inc. increased its stake in Chord Energy by 63.8% during the 1st quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock worth $27,000 after buying an additional 74 shares in the last quarter. Unison Advisors LLC raised its holdings in shares of Chord Energy by 1.1% during the third quarter. Unison Advisors LLC now owns 7,712 shares of the company’s stock valued at $1,034,000 after acquiring an additional 84 shares during the last quarter. Verity Asset Management Inc. lifted its position in shares of Chord Energy by 3.8% in the third quarter. Verity Asset Management Inc. now owns 2,655 shares of the company’s stock valued at $356,000 after acquiring an additional 96 shares in the last quarter. Signature Equity Partners LLC lifted its position in shares of Chord Energy by 48.6% in the third quarter. Signature Equity Partners LLC now owns 364 shares of the company’s stock valued at $49,000 after acquiring an additional 119 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in shares of Chord Energy by 3.6% in the second quarter. Concurrent Investment Advisors LLC now owns 3,514 shares of the company’s stock valued at $402,000 after acquiring an additional 121 shares in the last quarter. 97.76% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Chord Energy

Here are the key news stories impacting Chord Energy this week:

• Positive Sentiment: Q3 results topped expectations. Chord reported adjusted EPS of $6.08 versus a $5.68 estimate and revenue of $1.71 billion versus $1.64 billion. Revenue rose 30% year over year, reinforcing the company’s earnings momentum. Q3 results
• Positive Sentiment: 2026 oil outlook lifted. Coverage says Chord raised its oil outlook following the strong quarter; updated production guidance for the fourth quarter and full year may also shape investor expectations. 2026 oil outlook coverage
• Positive Sentiment: Truist raised its price target to $197 from $195 and reiterated a Buy rating, signaling continued analyst confidence. Truist rating coverage
• Positive Sentiment: Dividend supports shareholder returns. The company declared a $1.30 quarterly dividend, equivalent to $5.20 annually.
• Positive Sentiment: Valuation commentary points to potential upside. A recent analysis suggests CHRD could be about 27% below fair value, though that estimate is not a guarantee of future performance. Fair value analysis
• Neutral Sentiment: Wells Fargo made a small target cut to $173 from $174, while maintaining its Overweight rating. The change is modest and the rating remains favorable. Wells Fargo rating coverage

Chord Energy Company Profile