Rep. Michael Guest Sells Chord Energy Corporation (NASDAQ:CHRD) Stock

Representative Michael Guest (Republican-Mississippi) recently sold shares of Chord Energy Corporation (NASDAQ:CHRD). In a filing disclosed on February 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chord Energy stock on January 9th. The trade occurred in the Representative’s “TR – SP” account.

Representative Michael Guest also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Dynatrace (NYSE:DT) on 1/9/2026.
  • Sold $1,001 – $15,000 in shares of OTC Markets Group (OTCMKTS:OTCM) on 1/9/2026.
  • Sold $1,001 – $15,000 in shares of Evolution AB (publ) (OTCMKTS:EVVTY) on 1/9/2026.

Chord Energy Stock Down 1.0%

CHRD traded down $1.00 on Tuesday, reaching $104.25. The company’s stock had a trading volume of 97,628 shares, compared to its average volume of 787,470. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 39.98 and a beta of 0.92. The company has a quick ratio of 1.28, a current ratio of 1.35 and a debt-to-equity ratio of 0.18. Chord Energy Corporation has a fifty-two week low of $79.83 and a fifty-two week high of $116.09. The stock has a 50 day moving average of $95.76 and a two-hundred day moving average of $96.91.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Morgan Stanley lowered their price objective on Chord Energy from $123.00 to $114.00 and set an “equal weight” rating on the stock in a report on Friday, January 23rd. Mizuho set a $148.00 price objective on Chord Energy in a report on Friday, January 9th. Jefferies Financial Group set a $99.00 target price on Chord Energy in a report on Saturday, January 17th. Wells Fargo & Company reduced their price objective on shares of Chord Energy from $113.00 to $109.00 and set an “overweight” rating for the company in a research note on Tuesday, January 27th. Finally, Citigroup lowered shares of Chord Energy from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $105.00 to $97.00 in a research note on Wednesday, January 14th. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.92.

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. increased its holdings in shares of Chord Energy by 23.6% during the 4th quarter. Invesco Ltd. now owns 318,448 shares of the company’s stock worth $29,520,000 after purchasing an additional 60,806 shares during the period. Alberta Investment Management Corp bought a new stake in Chord Energy in the 4th quarter valued at approximately $1,381,000. Vident Advisory LLC grew its stake in shares of Chord Energy by 15.6% during the 4th quarter. Vident Advisory LLC now owns 14,464 shares of the company’s stock worth $1,341,000 after acquiring an additional 1,953 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Chord Energy in the fourth quarter valued at approximately $295,000. Finally, NewEdge Advisors LLC boosted its holdings in Chord Energy by 1,050.4% during the fourth quarter. NewEdge Advisors LLC now owns 2,830 shares of the company’s stock worth $262,000 after purchasing an additional 2,584 shares during the last quarter. Institutional investors and hedge funds own 97.76% of the company’s stock.

About Representative Guest

Michael Guest (Republican Party) is a member of the U.S. House, representing Mississippi’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Guest (Republican Party) ran for re-election to the U.S. House to represent Mississippi’s 3rd Congressional District. He won in the general election on November 5, 2024.

Guest received his bachelor’s degree from Mississippi State University in 1992. He received his J.D. from the University of Mississippi in 1995. He served as an assistant district attorney for Madison and Rankin counties in Mississippi from 1995 to 2007. He was elected district attorney of these counties in 2007. In 2018, Guest defeated Michael Evans (D) to replace outgoing incumbent Gregg Harper (R).

About Chord Energy

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Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.

The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.

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