Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Experts are bullish on Chord Energy Corp. They are expecting significant upside potential at $80 oil price. The company is debt-free, has a strong management team, and is rewarding shareholders with high free cash flow yields. Chord Energy Corp also presents good long-term opportunities for shale investors in the USA.

Consensus
Bullish
Valuation
Undervalued
BUY
Chord Energy Corp

He's been buying, now a full position of 4%. Returning 75% of free cashflow via buybacks. Report by Raymond James says it has the deepest inventory in the area of any producer. Ability to drive rerating over time. Target $243, 37% upside modestly, probably closer to 50% upside.

Energy
PAST TOP PICK
Chord Energy Corp
(A Top Pick Mar 24/23, Up 57%)

They recently bought Enerplus and remains a pure play on North Dakota. His favourite US name, though prefers Canadian oil. A good $14 free cash flow yield, but there are better opportunities.

Energy
BUY
Chord Energy Corp

ERF is being bought by a North Dakota producer, Chord Energy Management. He's bullish oil. Using an $80 per barrel baseline, CHRD next year (after they absorb Enerplus) should trade at 3.4x cash flow and 14% free cash flow yield (vs. most names at 7-8%). At a 5x multiple next year, CHRD would trade at $253 price target or 42% upside.

Energy
BUY
Chord Energy Corp

Recently re-established a small position, about 3%. Paying 75% of free cashflow to shareholders, debt free, significant discount to US peers. Big enough to attract institutional investors once the sentiment tide turns to energy. 50% upside at $80 oil. 

Energy
BUY
Chord Energy Corp

Pure play USA Bakken company. Good US option. Returning 75% of cash flow to investors. Strong management team. Better opportunities in Canada. Expecting 50% upside at $80 oil. 

Energy
BUY
Chord Energy Corp

Has since sold shares due to strength in share price.
Sees better upside in Enerplus.
Likes company - expecting ~50% upside.
Quality company over all.
Good for long term shale investors in USA. 

Energy
SELL
Chord Energy Corp

Made money and sold for a name with better quality and inventory depth. He does still own some in an income fund. CHRD is doing everything it should. See his Top Picks for a name with better upside relative to risk.

Energy
BUY
Chord Energy Corp

His only US name. Trades at a parity valuation with Canadian names. Very economic with 10 years of Bakken inventory. Rewarding shareholders with 75% of free cashflow. Lots of upside with increased price of oil.

Energy
TOP PICK
Chord Energy Corp

US Bakken name with 10+ years of inventory.
Committed to return 75% of free cash flow to investors.
Will most likely see higher returns to shareholders in the form of dividends and share buybacks. 
Expecting a double in share price.
Excellent fundamentals going forward.
Only US holding.

Energy
BUY
Chord Energy Corp

Consolidator of Bakken assets in USA & Canada.
Trading at 1.8x cash flow @ $100 oil.
Currently trading at 19% free cash yield @ $80 oil.
Has committed to returning 75% of free cash flow yield.


Energy
BUY
Chord Energy Corp
Strong energy company based out of the USA. 10 years of drilling inventory. Promised to return capital to shareholders. @ $80 oil share price should be $200. Might be acquirer of other companies.
Energy
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Chord Energy Corp(CHRD-Q) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 7

Stockchase rating for Chord Energy Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chord Energy Corp(CHRD-Q) Frequently Asked Questions

What is Chord Energy Corp stock symbol?

Chord Energy Corp is a American stock, trading under the symbol CHRD-Q on the NASDAQ (CHRD). It is usually referred to as NASDAQ:CHRD or CHRD-Q

Is Chord Energy Corp a buy or a sell?

In the last year, 7 stock analysts published opinions about CHRD-Q. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chord Energy Corp.

Is Chord Energy Corp a good investment or a top pick?

Chord Energy Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Chord Energy Corp.

Why is Chord Energy Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chord Energy Corp worth watching?

7 stock analysts on Stockchase covered Chord Energy Corp In the last year. It is a trending stock that is worth watching.

What is Chord Energy Corp stock price?

On 2024-06-18, Chord Energy Corp (CHRD-Q) stock closed at a price of $166.68.