Shares of Chord Energy Co. (OTCMKTS:WLLAW – Get Free Report) shot up 0.7% during mid-day trading on Monday. The company traded as high as $22.98 and last traded at $22.00. 67,900 shares traded hands during mid-day trading, an increase of 499% from the average session volume of 11,344 shares. The stock had previously closed at $21.85.
Chord Energy Price Performance
The firm has a fifty day moving average of $22.00 and a 200 day moving average of $22.00.
About Chord Energy
Chord Energy Corporation is an independent exploration and production company focused on developing and producing crude oil, natural gas and natural gas liquids. Its operations are concentrated in the Williston Basin, primarily in the U.S. states of North Dakota and Montana.
The company’s portfolio includes interests in oil and gas properties, drilling activities and related production infrastructure. Chord Energy emphasizes the development of unconventional resources using horizontal drilling and hydraulic fracturing, with a focus on operating efficiency and responsible resource development.
Chord Energy was formed through the combination of Oasis Petroleum and Whiting Petroleum, completed in 2022.
Recommended Stories
- Five stocks we like better than Chord Energy
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
- Morgan Stanley Is Bullish on Apple—But With a Catch
Receive News & Ratings for Chord Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chord Energy and related companies with MarketBeat.com's FREE daily email newsletter.
