Horizon Investments LLC Has $1.32 Million Stock Position in Chord Energy Corporation $CHRD

Horizon Investments LLC cut its position in Chord Energy Corporation (NASDAQ:CHRD) by 48.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,196 shares of the company’s stock after selling 13,540 shares during the period. Horizon Investments LLC’s holdings in Chord Energy were worth $1,316,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. First Citizens Bank & Trust Co. raised its position in Chord Energy by 2.3% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 5,306 shares of the company’s stock valued at $527,000 after purchasing an additional 120 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Chord Energy by 18.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 822 shares of the company’s stock worth $82,000 after acquiring an additional 130 shares during the last quarter. WealthCollab LLC raised its stake in shares of Chord Energy by 90.6% in the second quarter. WealthCollab LLC now owns 305 shares of the company’s stock worth $30,000 after acquiring an additional 145 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Chord Energy by 3.8% during the third quarter. PNC Financial Services Group Inc. now owns 4,325 shares of the company’s stock worth $430,000 after purchasing an additional 157 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Chord Energy by 15.5% during the third quarter. Jones Financial Companies Lllp now owns 1,245 shares of the company’s stock worth $130,000 after purchasing an additional 167 shares in the last quarter. Institutional investors own 97.76% of the company’s stock.

Key Chord Energy News

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

• Positive Sentiment: Q1 results materially beat expectations — $4.56 EPS vs. consensus ~ $3.49 and revenue of $1.67B, with revenue up ~37% year-over-year; results point to stronger operating momentum. Chord Q1 Press Release / Slide Deck
• Positive Sentiment: Management raised FY2026 oil-volume guidance by 2,000 bpd and highlighted staging/operational gains (first full 4-mile DSU pad). They forecast roughly $1.4B of 2026 free cash flow at $80/bbl — a strong cash-generation signal for investors. Chord projects about $1.4B of 2026 free cash flow
• Positive Sentiment: Board declared a quarterly base dividend of $1.30/share (ex-div May 20; payable June 5), implying a roughly 3.7% yield — supports income-oriented investors and signals capital-return discipline. Chord Energy Reports First Quarter 2026 Financial and Operating Results
• Positive Sentiment: An analyst upgrade/price-target bump from Mizuho (to $164, outperform) adds third‑party support for upside versus current levels. Benzinga – Mizuho raises price target
• Neutral Sentiment: Full earnings-call transcript and management commentary are available — useful for details on capex, well performance and share‑buyback/dividend policy intentions. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Valuation and margin optics may be pressuring the stock — a high reported P/E (~224) and a low net margin (reported ~0.9%) invite scrutiny and potential profit-taking after the recent run-up. MarketBeat – CHRD snapshot
• Negative Sentiment: Sector volatility — near‑term oil-price swings and peer results (e.g., commentary around SM Energy) can quickly shift sentiment for upstream names and weigh on shares despite company-level beats. Zacks – Sector/peer note

Chord Energy Trading Down 5.6%

Shares of NASDAQ CHRD opened at $140.84 on Thursday. Chord Energy Corporation has a fifty-two week low of $84.25 and a fifty-two week high of $150.50. The firm has a market capitalization of $7.98 billion, a P/E ratio of -124.64 and a beta of 0.52. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.98. The company’s 50 day simple moving average is $130.66 and its 200 day simple moving average is $107.00.

Chord Energy (NASDAQ:CHRD) last released its earnings results on Tuesday, May 5th. The company reported $4.56 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $1.07. The firm had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.21 billion. Chord Energy had a negative net margin of 1.25% and a positive return on equity of 7.05%. The business’s quarterly revenue was up 37.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.04 EPS. On average, analysts predict that Chord Energy Corporation will post 16.94 EPS for the current year.

Chord Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Wednesday, May 20th will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Wednesday, May 20th. Chord Energy’s dividend payout ratio is currently -460.18%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CHRD. Morgan Stanley raised shares of Chord Energy from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $114.00 to $168.00 in a report on Friday, March 27th. Wells Fargo & Company upped their price objective on Chord Energy from $136.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Jefferies Financial Group set a $99.00 price objective on Chord Energy in a research report on Saturday, January 17th. Truist Financial lifted their target price on Chord Energy from $169.00 to $187.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, Mizuho upped their price target on Chord Energy from $162.00 to $164.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Chord Energy currently has a consensus rating of “Moderate Buy” and an average target price of $153.46.

Insider Buying and Selling

In other Chord Energy news, EVP Michael H. Lou sold 15,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $125.47, for a total value of $1,882,050.00. Following the transaction, the executive vice president owned 82,699 shares of the company’s stock, valued at approximately $10,376,243.53. This represents a 15.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Shannon Browning Kinney sold 1,801 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $114.36, for a total value of $205,962.36. Following the transaction, the executive vice president owned 20,188 shares of the company’s stock, valued at $2,308,699.68. The trade was a 8.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 23,927 shares of company stock worth $2,912,028. Corporate insiders own 0.79% of the company’s stock.

Chord Energy Profile

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.