Top Executive Sells Thousands in Chord Energy Stock!

New insider activity at Chord Energy ( (CHRD) ) has taken place on May 13, 2025.

Shannon Browning Kinney, who serves as the Executive Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary, has sold 3,091 shares of Chord Energy stock. This transaction is valued at $290,863.

Recent Updates on CHRD stock

Chord Energy Corporation recently reported its Q1 2025 earnings, showcasing strong financial performance with net income of $219.8 million and adjusted EBITDA of $695.5 million. The company exceeded expectations due to strong operational execution and cost control, leading to an adjusted free cash flow of $290.5 million. Chord returned 100% of this free cash flow to shareholders through share repurchases and declared a base dividend. Despite a deteriorating pricing outlook and potential production declines in Q4, Chord’s robust balance sheet and strategic initiatives, such as reducing capital expenditures by $30 million and successful implementation of longer laterals, provide a promising outlook. The company remains focused on optimizing capital allocation and maintaining financial flexibility to navigate market volatility.

Spark’s Take on CHRD Stock

According to Spark, TipRanks’ AI Analyst, CHRD is a Outperform.

Chord Energy receives a strong overall score due to its solid financial performance, strategic financial management, and attractive valuation metrics. While technical indicators suggest some caution in the short term, the company’s robust balance sheet, effective cash management, and strategic initiatives provide confidence in its long-term prospects. Challenges such as pricing volatility and potential production declines are noted but are mitigated by the company’s strategic focus and financial flexibility.

To see Spark’s full report on CHRD stock, click here.

More about Chord Energy

YTD Price Performance: -19.42%

Average Trading Volume: 994,797

Technical Sentiment Signal: Sell

Current Market Cap: $5.37B