Chord EnergyCHRD
Market Cap: $8.42B
About: Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.
Employees: 531
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
222% more first-time investments, than exits
New positions opened: 145 | Existing positions closed: 45
84% more repeat investments, than reductions
Existing positions increased: 215 | Existing positions reduced: 117
54% more funds holding in top 10
Funds holding in top 10: 13 [Q1] → 20 (+7) [Q2]
25% more capital invested
Capital invested by funds: $7.76B [Q1] → $9.69B (+$1.93B) [Q2]
23% more funds holding
Funds holding: 426 [Q1] → 526 (+100) [Q2]
15% more call options, than puts
Call options by funds: $29.7M | Put options by funds: $25.7M
12.47% less ownership
Funds ownership: 105.14% [Q1] → 92.67% (-12.47%) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Jefferies Lloyd Byrne 11% 1-year accuracy 2 / 18 met price target | 18%upside $160 | Hold Initiated | 5 Sept 2024 |
RBC Capital Scott Hanold 23% 1-year accuracy 9 / 39 met price target | 47%upside $200 | Outperform Reiterated | 5 Sept 2024 |
B of A Securities Noah Hungness 36% 1-year accuracy 4 / 11 met price target | 53%upside $208 | Buy Maintained | 21 Aug 2024 |
Piper Sandler Mark Lear 20% 1-year accuracy 14 / 69 met price target | 51%upside $206 | Overweight Maintained | 15 Aug 2024 |
Citigroup Paul Diamond 15% 1-year accuracy 2 / 13 met price target | 32%upside $180 | Buy Maintained | 12 Aug 2024 |
Financial journalist opinion
Based on 5 articles about CHRD published over the past 30 days