Chord Energy (NASDAQ:CHRD) Downgraded by Wall Street Zen to Buy

Posted by Brenda Bartman on Nov 7th, 2026

Chord Energy (NASDAQ:CHRD – Get Free Report) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other brokerages also recently issued reports on CHRD. Mizuho boosted their price target on shares of Chord Energy from $175.00 to $179.00 and gave the company an “outperform” rating in a report on Monday, October 5th. UBS Group boosted their price objective on Chord Energy from $193.00 to $197.00 and gave the company a “buy” rating in a research note on Tuesday, October 20th. Citigroup lifted their price target on shares of Chord Energy from $130.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, September 17th. Truist Financial increased their price target on Chord Energy from $195.00 to $197.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Seaport Research Partners assumed coverage on shares of Chord Energy in a research report on Thursday, September 3rd. They issued a “neutral” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $174.62.

Read Our Latest Analysis on Chord Energy

Chord Energy Price Performance

NASDAQ:CHRD opened at $136.49 on Friday. The firm has a market cap of $7.47 billion, a PE ratio of 10.07 and a beta of 0.48. The company has a quick ratio of 1.15, a current ratio of 1.22 and a debt-to-equity ratio of 0.18. The company’s 50-day moving average price is $145.42 and its two-hundred day moving average price is $131.87. Chord Energy has a 12 month low of $84.41 and a 12 month high of $159.96.

Chord Energy (NASDAQ:CHRD – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $6.08 EPS for the quarter, topping the consensus estimate of $5.68 by $0.40. Chord Energy had a return on equity of 10.18% and a net margin of 13.42%. The firm had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the prior year, the business posted $2.35 earnings per share. The company’s quarterly revenue was up 30.0% compared to the same quarter last year. On average, equities analysts anticipate that Chord Energy will post 23.11 EPS for the current fiscal year.

Insider Transactions at Chord Energy

In related news, Director Samantha Mckinney sold 9,750 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $149.94, for a total value of $1,461,915.00. Following the completion of the sale, the director directly owned 7,280 shares of the company’s stock, valued at approximately $1,091,563.20. This represents a 57.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Shannon Kinney sold 4,019 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $140.00, for a total value 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 $1,898,400. The trade was a 22.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 15,969 shares of company stock worth $2,324,479. Corporate insiders own 0.79% of the company’s stock.

Institutional Trading of Chord Energy

Several hedge funds have recently modified their holdings of the company. Bessemer Group Inc. lifted its position in shares of Chord Energy by 63.8% during the 1st quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock valued at $27,000 after acquiring an additional 74 shares during the period. Versant Capital Management Inc lifted its stake in Chord Energy by 330.9% during the second quarter. Versant Capital Management Inc now owns 237 shares of the company’s stock worth $27,000 after purchasing an additional 182 shares during the last quarter. Alpine Bank Wealth Management acquired a new stake in Chord Energy in the 3rd quarter worth about $29,000. Rockefeller Capital Management L.P. raised its holdings in shares of Chord Energy by 213.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 501 shares of the company’s stock valued at $47,000 after buying an additional 341 shares during the last quarter. Finally, Signature Equity Partners LLC lifted its position in shares of Chord Energy by 48.6% in the third quarter. Signature Equity Partners LLC now owns 364 shares of the company’s stock worth $49,000 after buying an additional 119 shares during the last quarter. Institutional investors and hedge funds own 97.76% of the company’s stock.

Key Headlines Impacting Chord Energy

Here are the key news stories impacting Chord Energy this week:

Positive Sentiment: Q3 results topped expectations. Chord reported adjusted EPS of $6.08 versus a $5.68 estimate and revenue of $1.71 billion versus $1.64 billion. Revenue rose 30% year over year, reinforcing the company’s earnings momentum. Q3 results
Positive Sentiment: 2026 oil outlook lifted. Coverage says Chord raised its oil outlook following the strong quarter; updated production guidance for the fourth quarter and full year may also shape investor expectations. 2026 oil outlook coverage
Positive Sentiment: Truist raised its price target to $197 from $195 and reiterated a Buy rating, signaling continued analyst confidence. Truist rating coverage
Positive Sentiment: Dividend supports shareholder returns. The company declared a $1.30 quarterly dividend, equivalent to $5.20 annually.
Positive Sentiment: Valuation commentary points to potential upside. A recent analysis suggests CHRD could be about 27% below fair value, though that estimate is not a guarantee of future performance. Fair value analysis
Neutral Sentiment: Wells Fargo made a small target cut to $173 from $174, while maintaining its Overweight rating. The change is modest and the rating remains favorable. Wells Fargo rating coverage

About Chord Energy

(Get Free Report)

Chord Energy Corporation is an independent exploration and production company focused on the development and operation of oil and natural gas properties in the United States. Its portfolio is concentrated in the Williston Basin, which spans parts of North Dakota and Montana. The company’s production mix includes crude oil, natural gas and natural gas liquids.

Chord’s operations include acquiring, developing and producing hydrocarbons from operated and non-operated wells, with an emphasis on drilling and completion activities in the Bakken and Three Forks formations.