Analyzing Chord Energy (CHRD) & The Competition

Chord Energy (NASDAQ:CHRD) is one of 1,051 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it compare to its peers? We will compare Chord Energy to similar businesses based on the strength of its institutional ownership, risk, earnings, valuation, dividends, analyst recommendations and profitability.

Dividends

Chord Energy pays an annual dividend of $5.20 per share and has a dividend yield of 3.5%. Chord Energy pays out 32.6% of its earnings in the form of a dividend. As a group, “Oil, Gas & Consumable Fuels” companies pay a dividend yield of 9.0% and pay out -134.5% of their earnings in the form of a dividend. Chord Energy has increased its dividend for 1 consecutive years. Chord Energy lags its peers as a dividend stock, given its lower dividend yield and higher payout ratio.

Volatility & Risk

Chord Energy has a beta of 0.48, suggesting that its stock price is 52% less volatile than the S&P 500. Comparatively, Chord Energy’s peers have a beta of -3.75, suggesting that their average stock price is 475% less volatile than the S&P 500.

Earnings & Valuation

This table compares Chord Energy and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Chord Energy	$4.88 billion	$44.46 million	9.22
Chord Energy Competitors	$10.92 billion	$5.51 billion	-0.83

Chord Energy’s peers have higher revenue and earnings than Chord Energy. Chord Energy is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Chord Energy and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chord Energy	13.40%	12.54%	7.61%
Chord Energy Competitors	-455.75%	19.43%	6.71%

Analyst Ratings

This is a breakdown of current ratings for Chord Energy and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Chord Energy	0	3	12	2	2.94
Chord Energy Competitors	6005	27066	40961	2431	2.52

Chord Energy presently has a consensus price target of $174.69, indicating a potential upside of 18.80%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 26.52%. Given Chord Energy’s peers higher probable upside, analysts clearly believe Chord Energy has less favorable growth aspects than its peers.

Institutional and Insider Ownership

97.8% of Chord Energy shares are held by institutional investors. Comparatively, 30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 0.8% of Chord Energy shares are held by company insiders. Comparatively, 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Chord Energy beats its peers on 8 of the 15 factors compared.

About Chord Energy

Chord Energy Corporation is an independent exploration and production company focused on finding, developing and producing oil and natural gas. Its operations are concentrated in the Williston Basin, primarily in North Dakota and Montana, where it develops resources in the Bakken and Three Forks formations. The company’s production includes crude oil, natural gas liquids and natural gas. Chord Energy was formed in 2022 through the combination of Oasis Petroleum and Whiting Petroleum, bringing together their Williston Basin operations.