Chord Energy (NASDAQ:CHRD) CAO Lara Kroll Sells 5,000 Shares

Chord Energy Corporation (NASDAQ:CHRD) CAO Lara Kroll sold 5,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $113.66, for a total transaction of $568,300.00. Following the transaction, the chief accounting officer owned 8,921 shares in the company, valued at approximately $1,013,960.86. This trade represents a 35.92% 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 hyperlink.

Chord Energy Price Performance

Shares of CHRD traded up $1.77 during mid-day trading on Friday, hitting $121.06. The company’s stock had a trading volume of 450,990 shares, compared to its average volume of 882,398. The firm has a 50-day simple moving average of $98.80 and a 200 day simple moving average of $97.47. Chord Energy Corporation has a 1-year low of $79.83 and a 1-year high of $122.00. The firm has a market capitalization of $6.88 billion, a P/E ratio of 192.16 and a beta of 0.84. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 0.18.

Chord Energy (NASDAQ:CHRD) last released its earnings results on Wednesday, February 25th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.11. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Chord Energy had a net margin of 0.91% and a return on equity of 6.71%. The company’s quarterly revenue was down 19.6% on a year-over-year basis. During the same period last year, the company earned $3.49 earnings per share. Analysts predict that Chord Energy Corporation will post 15.59 EPS for the current fiscal year.

Chord Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Thursday, March 12th will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $5.20 annualized dividend and a dividend yield of 4.3%. Chord Energy’s dividend payout ratio (DPR) is presently 825.40%.

Wall Street Analysts Forecast Growth

Several research firms have commented on CHRD. Mizuho set a $148.00 target price on shares of Chord Energy in a research report on Friday, January 9th. Zacks Research cut shares of Chord Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Citigroup lifted their price target on Chord Energy from $97.00 to $120.00 and gave the stock a “neutral” rating in a research note on Friday. Royal Bank Of Canada lowered their price target on Chord Energy from $135.00 to $128.00 and set an “outperform” rating on the stock in a report on Tuesday, January 13th. Finally, UBS Group lifted their target price on shares of Chord Energy from $119.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $125.91.

Key Headlines Impacting Chord Energy

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

• Positive Sentiment: UBS raised its price target on CHRD from $119 to $142 and kept a “buy” rating — this lift in analyst outlook supports further upside (~16.9% from the cited $121.50 reference). Read More.
• Positive Sentiment: Piper Sandler raised its price target from $151 to $158 and maintained an “overweight” rating — another institutional bullish signal implying roughly 30% upside from the same reference price. Read More., Read More.
• Neutral Sentiment: A comparative piece contrasts Chord with HyperDynamics, offering context on valuation and sector positioning but no company-specific catalysts. Read More.
• Neutral Sentiment: Short-interest data reported an increase but shows 0 shares / NaN in the feed (likely a reporting glitch); current days-to-cover is shown as 0.0 based on the cited average volume — not actionable until clarified by exchanges/brokers.
• Negative Sentiment: Chief Accounting Officer Lara J. Kroll sold 5,000 shares at an average $113.66 (filed with the SEC). Insider selling can be read as a modest negative signal on sentiment or for personal liquidity reasons. Read More.
• Negative Sentiment: EVP Shannon Browning Kinney sold 1,801 shares at an average $114.36 (SEC filing) — another insider sale that slightly increases selling pressure narrative. Read More.
• Negative Sentiment: Zacks reports CHRD beat Q4 EPS expectations due to lower expenses but saw year-over-year revenue and production declines and missed on sales — a mixed fundamental print that tempers enthusiasm from analyst upgrades. Read More.

Institutional Trading of Chord Energy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sankala Group LLC bought a new stake in Chord Energy in the fourth quarter valued at about $57,000. MidFirst Bank bought a new stake in Chord Energy during the 4th quarter worth about $115,000. Invesco Ltd. boosted its position in Chord Energy by 23.6% during the fourth quarter. Invesco Ltd. now owns 318,448 shares of the company’s stock valued at $29,520,000 after purchasing an additional 60,806 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Chord Energy in the 4th quarter valued at approximately $1,381,000. Finally, Vident Advisory LLC grew its position in shares of Chord Energy by 15.6% in the 4th quarter. Vident Advisory LLC now owns 14,464 shares of the company’s stock valued at $1,341,000 after acquiring an additional 1,953 shares during the period. Institutional investors and hedge funds own 97.76% of the company’s stock.

About Chord Energy

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.