7,380 Shares in Chord Energy Corporation $CHRD Bought by Waterfront Wealth Inc.

Posted by Francis Steltz on Jul 11th, 2026

Waterfront Wealth Inc. purchased a new stake in Chord Energy Corporation (NASDAQ:CHRD – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,380 shares of the company’s stock, valued at approximately $1,049,000.

A number of other large investors have also made changes to their positions in the stock. Orion Porfolio Solutions LLC increased its stake in Chord Energy by 6,714.2% in the second quarter. Orion Porfolio Solutions LLC now owns 709,086 shares of the company’s stock valued at $68,675,000 after purchasing an additional 698,680 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Chord Energy by 85.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,218,167 shares of the company’s stock valued at $112,927,000 after buying an additional 561,899 shares during the period. AQR Capital Management LLC lifted its position in shares of Chord Energy by 210.5% during the second quarter. AQR Capital Management LLC now owns 734,225 shares of the company’s stock worth $71,110,000 after purchasing an additional 497,789 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Chord Energy by 19.9% in the 3rd quarter. Wellington Management Group LLP now owns 1,705,153 shares of the company’s stock worth $169,441,000 after buying an additional 282,746 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Chord Energy by 15.6% in the fourth quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company’s stock valued at $190,346,000 after purchasing an additional 277,588 shares during the last quarter. Institutional investors and hedge funds own 97.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on CHRD. Truist Financial reduced their target price on Chord Energy from $185.00 to $170.00 and set a “buy” rating on the stock in a report on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of Chord Energy in a research report on Friday, June 12th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Chord Energy in a research note on Monday, June 29th. Morgan Stanley dropped their price target on Chord Energy from $175.00 to $169.00 and set an “overweight” rating on the stock in a report on Monday, June 29th. Finally, Wall Street Zen cut shares of Chord Energy from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Chord Energy has an average rating of “Moderate Buy” and a consensus target price of $152.00.

View Our Latest Research Report on CHRD

Insider Buying and Selling

In other news, Director Douglas E. Brooks sold 3,500 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $136.71, for a total transaction of $478,485.00. Following the transaction, the director directly owned 20,205 shares in the company, valued at approximately $2,762,225.55. This represents a 14.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Darrin J. Henke sold 1,276 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $145.97, for a total value of $186,257.72. Following the completion of the transaction, the chief operating officer owned 21,157 shares in the company, valued at $3,088,287.29. The trade was a 5.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,276 shares of company stock worth $1,285,968 over the last quarter. 0.79% of the stock is owned by company insiders.

Chord Energy Stock Performance

Shares of NASDAQ:CHRD traded down $1.09 during midday trading on Friday, hitting $117.39. The company’s stock had a trading volume of 691,357 shares, compared to its average volume of 866,133. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 1.02. The stock’s 50 day simple moving average is $131.92 and its 200 day simple moving average is $119.69. The stock has a market capitalization of $6.61 billion, a price-to-earnings ratio of -103.88 and a beta of 0.49. Chord Energy Corporation has a fifty-two week low of $84.25 and a fifty-two week high of $151.95.

Chord Energy (NASDAQ:CHRD – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $4.56 EPS for the quarter, topping analysts’ consensus estimates of $3.51 by $1.05. Chord Energy had a positive return on equity of 7.06% and a negative net margin of 1.25%.The company had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the company earned $4.04 EPS. The company’s quarterly revenue was up 37.1% on a year-over-year basis. As a group, research analysts anticipate that Chord Energy Corporation will post 18.13 earnings per share for the current year.

Chord Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Wednesday, May 20th were given a dividend of $1.30 per share. The ex-dividend date was Wednesday, May 20th. This represents a $5.20 annualized dividend and a yield of 4.4%. Chord Energy’s dividend payout ratio is -460.18%.

Chord Energy Company Profile

(Free Report)

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.