Chord Energy (NASDAQ:CHRD) Stock Jumps 4.2% – Time to Buy?

Posted by Brian Himes on Oct 10th, 2026

Chord Energy Corporation (NASDAQ:CHRD – Get Free Report) was up 4.2% on Thursday. The stock traded as high as $141.65 and last traded at $141.8090. 123,510 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 861,363 shares. The stock had previously closed at $136.05.

Analysts Set New Price Targets

Several research firms have recently issued reports on CHRD. UBS Group boosted their target price on Chord Energy from $184.00 to $193.00 and gave the company a “buy” rating in a research note on Tuesday. Wells Fargo & Company raised their price target on Chord Energy from $163.00 to $175.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. Citigroup raised their price target on Chord Energy from $130.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, September 17th. Wall Street Zen upgraded shares of Chord Energy from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Roth Capital reissued a “buy” rating and set a $145.00 price objective on shares of Chord Energy in a research report on Wednesday, July 15th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Chord Energy has a consensus rating of “Moderate Buy” and a consensus target price of $166.54.

Read Our Latest Analysis on Chord Energy

Chord Energy Stock Performance

The company has a 50-day simple moving average of $142.08 and a two-hundred day simple moving average of $136.42. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.15 and a current ratio of 1.22. The firm has a market capitalization of $7.74 billion, a P/E ratio of 9.49 and a beta of 0.59.

Chord Energy (NASDAQ:CHRD – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.55 by ($0.11). The firm had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $1.62 billion. Chord Energy had a return on equity of 10.18% and a net margin of 13.42%. The firm’s revenue was up 128.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.79 EPS. As a group, equities analysts forecast that Chord Energy Corporation will post 20.72 EPS for the current year.

Chord Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Thursday, August 20th were issued a $1.30 dividend. The ex-dividend date was Thursday, August 20th. This represents a $5.20 dividend on an annualized basis and a yield of 3.7%. Chord Energy’s dividend payout ratio is 34.85%.

Insiders Place Their Bets

In other Chord Energy news, EVP Shannon Kinney sold 4,019 shares of the firm’s stock in a transaction on 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 owned 13,560 shares of the company’s stock, valued at approximately $1,898,400. This trade represents a 22.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Douglas Brooks sold 8,000 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $133.14, for a total value of $1,065,120.00. Following the transaction, the director directly owned 10,705 shares of the company’s stock, valued at $1,425,263.70. This represents a 42.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 23,969 shares of company stock worth $3,389,599. 0.79% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CHRD. Bessemer Group Inc. grew its holdings in Chord Energy by 63.8% in the first quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock worth $27,000 after purchasing an additional 74 shares during the period. Versant Capital Management Inc lifted its holdings in shares of Chord Energy by 330.9% during the second quarter. Versant Capital Management Inc now owns 237 shares of the company’s stock valued at $27,000 after purchasing an additional 182 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Chord Energy during the first quarter valued at approximately $29,000. Root Financial Partners LLC lifted its holdings in shares of Chord Energy by 178.6% during the first quarter. Root Financial Partners LLC now owns 234 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Chord Energy by 213.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 501 shares of the company’s stock worth $47,000 after purchasing an additional 341 shares in the last quarter. 97.76% of the stock is owned by hedge funds and other institutional investors.

Chord Energy Company Profile

(Get Free Report)

Chord Energy Corporation is an independent exploration and production company focused on developing and producing crude oil, natural gas and natural gas liquids. The company’s operations are concentrated in the Williston Basin, primarily in the Bakken and Three Forks formations of North Dakota and Montana.

Chord Energy’s activities include acquiring, exploring, drilling and operating oil and natural gas properties. Its portfolio is largely composed of developed, producing assets and undeveloped acreage in the Williston Basin, where the company uses horizontal drilling and hydraulic fracturing to produce hydrocarbons.

The company was formed through the 2022 merger of Oasis Petroleum Inc and Whiting Petroleum Corporation, bringing together complementary Bakken-focused operations.