Chord Energy (NASDAQ:CHRD) EVP Shannon Browning Kinney Sells 1,801 Shares

Chord Energy Corporation (NASDAQ:CHRD) EVP Shannon Browning Kinney sold 1,801 shares of Chord Energy stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $114.36, for a total transaction of $205,962.36. Following the completion of the sale, the executive vice president owned 20,188 shares in the company, valued at approximately $2,308,699.68. This trade represents a 8.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Chord Energy Price Performance

NASDAQ:CHRD traded up $2.06 during trading hours on Friday, hitting $121.35. 512,308 shares of the stock were exchanged, compared to its average volume of 884,250. The firm’s fifty day moving average price is $98.80 and its 200 day moving average price is $97.47. Chord Energy Corporation has a 52-week low of $79.83 and a 52-week high of $122.00. The company has a market cap of $6.90 billion, a P/E ratio of 192.62 and a beta of 0.84. The company has a current ratio of 1.06, a quick ratio of 0.98 and a debt-to-equity ratio of 0.18.

Chord Energy (NASDAQ:CHRD) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.11. Chord Energy had a return on equity of 6.71% and a net margin of 0.91%.The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the firm posted $3.49 EPS. The firm’s revenue for the quarter was down 19.6% on a year-over-year basis. As a group, equities research analysts anticipate that Chord Energy Corporation will post 15.59 EPS for the current fiscal year.

Chord Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Thursday, March 12th will be issued a $1.30 dividend. The ex-dividend date is Thursday, March 12th. This represents a $5.20 dividend on an annualized basis and a yield of 4.3%. Chord Energy’s dividend payout ratio is presently 825.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Zacks Research downgraded Chord Energy from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Pickering Energy Partners lowered shares of Chord Energy from an “outperform” rating to a “neutral” rating in a report on Friday, January 9th. Scotiabank reiterated a “sector perform” rating and set a $114.00 target price on shares of Chord Energy in a research note on Friday, January 16th. Jefferies Financial Group set a $99.00 price target on Chord Energy in a research note on Saturday, January 17th. Finally, Weiss Ratings lowered Chord Energy from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $125.91.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Victory Capital Management Inc. grew its stake in Chord Energy by 5.4% in the 3rd quarter. Victory Capital Management Inc. now owns 3,166,564 shares of the company’s stock valued at $314,661,000 after acquiring an additional 163,125 shares during the last quarter. Geode Capital Management LLC increased its position in Chord Energy by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company’s stock worth $190,346,000 after buying an additional 277,588 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Chord Energy by 6.1% in the fourth quarter. Wellington Management Group LLP now owns 1,809,526 shares of the company’s stock worth $167,743,000 after acquiring an additional 104,373 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Chord Energy by 15.5% in the second quarter. American Century Companies Inc. now owns 1,337,079 shares of the company’s stock valued at $129,496,000 after acquiring an additional 179,209 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its stake in shares of Chord Energy by 18.4% during the fourth quarter. Adage Capital Partners GP L.L.C. now owns 1,243,850 shares of the company’s stock valued at $115,305,000 after acquiring an additional 193,469 shares during the last quarter. Hedge funds and other 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: UBS raised its price target on CHRD from $119 to $142 and kept a “buy” rating — a meaningful buy-side signal that likely supported upward pressure on the shares. UBS price target raise
• Positive Sentiment: Piper Sandler raised its price target from $151 to $158 and maintained an “overweight” rating — another institutional upgrade adding to bullish sentiment and implied upside. Piper Sandler upgrade
• Neutral Sentiment: Citigroup increased its price target from $97 to $120 but kept a “neutral” rating — the target move narrows the gap vs. current price but the neutral stance dampens the bullish signal. Citigroup price target note
• Neutral Sentiment: A sector/comparison piece contrasts Chord with HyperDynamics — useful for relative valuation context but not a direct catalyst. Comparison article
• Neutral Sentiment: Short-interest data in the feeds shows a reporting glitch (0 shares / NaN); current published days-to-cover is 0.0 — not actionable until exchange data is clarified.
• Negative Sentiment: Insiders sold shares: CAO Lara Kroll sold 5,000 shares at ~$113.66 (SEC filing) and EVP Shannon Browning Kinney sold 1,801 shares at ~$114.36 — insider selling can signal personal liquidity needs or reduced insider conviction and may cap near-term upside. Kroll Form 4 Kinney Form 4
• Negative Sentiment: Q4 results beat EPS on lower expenses but showed year-over-year revenue and production declines; the company also announced a large quarterly dividend ($1.30) producing a high reported payout ratio — positives for yield but the earnings mix and an elevated DPR raise sustainability concerns. Earnings/dividend note

Chord Energy Company 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.