{
}
Chord Energy (NASDAQ: CHRD) has seen its price target reduced by Wells Fargo from $175 to $166, maintaining an "overweight" rating, indicating a potential upside of 48.5%. Analysts have mixed ratings on the stock, with a consensus of "Moderate Buy" and an average target price of $163.92. The company, focused on crude oil and natural gas production in the Williston Basin, has a market cap of $6.67 billion and is heavily owned by institutional investors, holding 97.76% of its shares.
Chord Energy operates in the Williston Basin, focusing on the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company has a Moderate Buy rating from analysts, with a consensus target price of $164.62, despite some recent downgrades. It recently increased its quarterly dividend to $1.30, reflecting a positive outlook with a 4.83% yield.
Chord Energy Corporation, an independent exploration and production company, focuses on acquiring, exploring, and producing crude oil, natural gas liquids, and natural gas primarily in North Dakota and Montana's Williston Basin. With a land position of approximately 1.3 million acres, 98% of which is in the Williston, the company targets the Middle Bakken and Three Forks formations. It boasts an average daily production of about 287,000 barrels of oil equivalent per day and sells its output to refiners and marketers via nearby pipeline and rail facilities.
UBS has identified Allegro MicroSystems and Chord Energy as two "Strong Buy" stocks amid a bullish market outlook, forecasting significant growth. Allegro, despite recent challenges in the EV market, is projected to have a 45% upside with a $30 price target, while Chord, benefiting from operational efficiency and a recent acquisition, has a 32.5% upside with a target of $168. Both companies are positioned well for future gains as the market shows strength.
UBS analysts are bullish on Allegro MicroSystems and Chord Energy, both rated as "Strong Buy." Allegro, a semiconductor firm, is poised for recovery despite recent revenue declines, while Chord, an oil and gas company, shows strong operational efficiency and significant free cash flow. Both stocks have substantial upside potential, with Allegro targeted at $30 and Chord at $168.
Chord Energy (NASDAQ:CHRD) and California Resources (NYSE:CRC) received Buy ratings from UBS, with price targets set at $168 and $68, respectively. Chord's positive outlook is attributed to its operational efficiency, strong balance sheet, and attractive valuation, which reflects robust fundamentals.
DGS Capital Management LLC and Hennion & Walsh Asset Management Inc. both acquired new positions in Chord Energy, with investments of approximately $239,000 and $296,000, respectively. AlphaMark Advisors LLC increased its stake by 16.8%, now holding shares worth $327,000. Analysts have given Chord Energy a "Moderate Buy" rating, with a price target averaging $190.64, while the stock recently traded at $128.02, reflecting a 52-week range of $126.38 to $190.23.
Chord Energy Corporation, an independent exploration and production company, focuses on acquiring, exploring, developing, and producing crude oil, natural gas liquids, and natural gas primarily in the Williston Basin of North Dakota and Montana. With a land position of approximately 1.3 million acres, 98% of which is in the Williston, the company targets the Middle Bakken and Three Forks formations. It boasts an average daily production of around 287,000 barrels of oil equivalent per day and sells its output to refiners and marketers via nearby pipeline and rail facilities.
Chord Energy Corporation (NASDAQ: CHRD) has received a bullish Buy rating from UBS, with a price target of $168, despite its stock currently trading at $126.50 after a 4.43% decline. UBS highlights the company's improving operational efficiency post-Enerplus integration, strong balance sheet, and attractive valuation, suggesting potential for growth in the energy sector. With a trailing P/E ratio of 6.15 and a dividend yield of 8.86%, Chord Energy presents a compelling investment opportunity amidst a challenging market.
Chord Energy Corporation
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
wells fargo lowers price target for chord energy stock amid mixed ratings
14:42 25.03.2025
chord energy reports dividend increase and analyst ratings amid market fluctuations
08:40 18.03.2025
Chord Energy Corporation Receives Buy Rating from UBS Amid Strong Production Growth
15:25 09.12.2024
ubs identifies two strong buy stocks amid bullish market outlook
UBS AG
Allegro MicroSystems, Inc.
Chord Energy Corporation
Josh Silverstein
Jonathan Golub
Timothy Arcuri
Show more
17:22 06.11.2024
ubs highlights two strong buy stocks with growth potential
Allegro MicroSystems, Inc.
Chord Energy Corporation
Josh Silverstein
Jonathan Golub
Timothy Arcuri
Show more
11:54 06.11.2024
UBS initiates Buy ratings for Chord Energy and California Resources
Costa Rican Colón
Malagasy Ariary
Antero Resources Corporation
Civitas Resources, Inc.
Chord Energy Corporation
California Resources Corporation
USA
Show more
21:27 16.10.2024
chord energy attracts significant institutional investment amid mixed analyst ratings
13:54 16.10.2024
chord energy corporation maintains buy recommendation amid strong production growth
13:04 16.10.2024
ubs initiates buy rating for chord energy with price target of 168
11:18 16.10.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Government Economic Policies
Market Analysis and Predictions
CEO Changes
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
JPMorgan Chase & Co.
Apple Inc.
Tesla, Inc.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Banco Santander, S.A.
Berkshire Hathaway Inc.
UBS Group AG
Lloyds Banking Group plc
SpaceXCoin USD
Bank of America Corporation
Morgan Stanley
Amazon.com, Inc.
NVIDIA Corporation
Wells Fargo & Company
BNP Paribas SA
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Scott Bessent
Stacey Friedman
George Saravelos
Alex Kramm
Susan P. Crawford
Francois Xavier Bouvignies
Joseph Spak
Stefan Rauti