Adversity is less terrifying than hope: Chord Energy Corp (CHRD)

With 0.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.87 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $117.79 whereas the lowest price it dropped to was $115.15. The 52-week range on CHRD shows that it touched its highest point at $186.59 and its lowest point at $109.59 during that stretch. It currently has a 1-year price target of $166.94. With its current market cap of 7.07 billion, CHRD has annualized dividend of $8.15 while the current yield stands at 7.04%. CHRD paid its most recent dividend on 1732665600, while the ex-dividend date for that was 1732665600. Beta for the stock currently stands at 0.99.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CHRD was down-trending over the past week, with a drop of -4.17%, but this was up by 3.24% over a month. Three-month performance dropped to -8.34% while six-month performance fell -30.99%. The stock lost -23.17% in the past year, while it has lost -1.04% so far this year. A look at the trailing 12-month EPS for CHRD yields 19.41 with Next year EPS estimates of 12.36. For the next quarter, that number is 2.78. This implies an EPS growth rate of -15.61% for this year and -20.67% for next year.

Float and Shares Shorts:

At present, 61.48 million CHRD shares are outstanding with a float of 60.15 million shares on hand for trading. On 2025-01-15, short shares totaled 1.62 million, which was 264.00002 higher than short shares on 1734048000. In addition to Mr. Daniel E. Brown as the firm’s President, CEO & Director, Ms. Shannon B. Kinney serves as its Executive VP, Chief Administrative Officer, General Counsel & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.90416 of CHRD’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CHRD reported revenue of $1450467000.0 and operating income of $275866000.0. The EBITDA in the recently reported quarter was $634512000.0 and diluted EPS was $3.59.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHRD since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CHRD analysts setting a high price target of 212.0 and a low target of 136.0, the average target price over the next 12 months is 166.8125. Based on these targets, CHRD could surge 83.23% to reach the target high and rise by 17.55% to reach the target low. Reaching the average price target will result in a growth of 44.18% from current levels.

Analysts have provided yearly estimates in a range of $16.17705 being high and $14.77817 being low. For CHRD, this leads to a yearly average estimate of $15.57753. Based on analyst estimates, the high estimate for the next quarter is $3.95 and the low estimate is $1.99. The average estimate for the next quarter is thus $2.89.