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Chord Energy (CHRD)
NASDAQ:CHRD
Chord Energy (CHRD) Stock Price & Analysis
344 Followers
CHRD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$124.70 - $190.23
Previous Close$174.17
Volume455.11K
Average Volume (3M)741.51K
Market Cap
$7.27B
Enterprise Value$7.35B
Total Cash (Recent Filing)$318.00M
Total Debt (Recent Filing)$427.83M
Price to Earnings (P/E)7.4
Beta0.78
Next Earnings
May 07, 2024EPS Estimate
$4.74Last Dividend Ex-Date
Mar 04, 2024Dividend Yield2.83%
Share Statistics
EPS (TTM)23.56
Shares Outstanding41,438,134
10 Day Avg. Volume574,813
30 Day Avg. Volume741,511
Standard Deviation0.12
R-Squared0.14
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)1.44
Price to Sales (P/S)1.85
Price to Cash Flow (P/CF)3.40
P/FCF Ratio6.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit2.34
Enterprise Value/Ebitda2.82
Forecast
1Y Price Target
$212.57Price Target Upside21.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Chord Energy News
Bulls Say, Bears Say
Bulls Say
Acquisition BenefitsCHRD's acquisition of ERF is expected to enhance its operational scale and market presence, positioning it as a leading producer with the potential for improved financial efficiency and cost synergies.
Financial ValuationCHRD is identified as trading at a substantial discount compared to its peers, suggesting the stock may be undervalued and presenting an attractive investment opportunity based on its free cash flow metrics.
Production And EfficiencyThe recent acquisition by CHRD promises to significantly increase oil production, particularly from the Bakken region, potentially leading to greater capital expenditure efficiency and bolstering the company's output.
Bears Say
Financial ForecastLowered long-term oil and gas price assumptions based on the 2026 strip and beyond, impacting the company's valuation despite positive operational revisions.
Market OutlookDowngrade to Underperform as a defensive stance towards oil in 2024 due to a highly backwardated futures curve that reflects record OPEC spare capacity.
ValuationPro forma valuation is little changed despite the acquisition.
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Ownership Overview
3.06% Insiders
37.63% Mutual Funds
32.34% Other Institutional Investors
26.97% Public Companies and Individual Investors
CHRD FAQ
What was Chord Energy’s price range in the past 12 months?
Chord Energy lowest stock price was $124.70 and its highest was $190.23 in the past 12 months.
What is Chord Energy’s market cap?
Currently, no data Available
When is Chord Energy’s upcoming earnings report date?
Chord Energy’s upcoming earnings report date is May 07, 2024 which is in 3 days.
How were Chord Energy’s earnings last quarter?
Chord Energy released its earnings results on Feb 21, 2024. The company reported $5.25 earnings per share for the quarter, beating the consensus estimate of $5.013 by $0.237.
Is Chord Energy overvalued?
According to Wall Street analysts Chord Energy’s price is currently Undervalued.
Does Chord Energy pay dividends?
Chord Energy pays a Quarterly dividend of $3.25 which represents an annual dividend yield of 2.83%. See more information on Chord Energy dividends here
What is Chord Energy’s EPS estimate?
Chord Energy’s EPS estimate is $4.74.
How many shares outstanding does Chord Energy have?
Chord Energy has 41,563,090 shares outstanding.
What happened to Chord Energy’s price movement after its last earnings report?
Chord Energy reported an EPS of $5.25 in its last earnings report, beating expectations of $5.013. Following the earnings report the stock price went down -3.037%.
Which hedge fund is a major shareholder of Chord Energy?
Among the largest hedge funds holding Chord Energy’s share is Donald Smith & Co. Inc. It holds Chord Energy’s shares valued at 64M.
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Chord Energy Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$212.57 (21.52% Upside)
$212.57 (21.52% Upside)
Blogger Sentiment
Bullish
CHRD Sentiment 83%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 45.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
31.08%
12-Months-Change
Fundamentals
Return on Equity
20.95%
Trailing 12-Months
Asset Growth
3.40%
Trailing 12-Months
Company Description
Chord Energy
Oasis Petroleum Inc is an independent exploration and production company focused on the acquisition and development of unconventional onshore oil and natural gas resources in the United States.
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CHRD Company Deck
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CHRD Earnings Call
Q4 2024
0:00 / 0:00
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CHRD Stock 12 Months Forecast
Average Price Target
$212.57
▲(21.52% Upside)
Technical Analysis
Best Analysts Covering CHRD
1 Year
1 Year Success Rate
20/21 ratings generated profit
1 Year Average Return
+33.23%
reiterated a buy rating 30 days ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 95.24% of your transactions generating a profit, with an average return of +33.23% per trade.
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