Chord Energy (NASDAQ:CHRD) Director Sells 8,000 Shares

07 Aug 2026, 19:09 by Scott Moore · The Cerbat Gem

Chord Energy Corporation (NASDAQ:CHRD – Get Free Report) Director Douglas Brooks sold 8,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $133.14, for a total transaction of $1,065,120.00. Following the completion of the transaction, the director directly owned 10,705 shares of the company’s stock, valued at $1,425,263.70. The trade was a 42.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Chord Energy Stock Performance

CHRD stock traded down $1.15 during trading on Friday, reaching $131.35. The company had a trading volume of 833,634 shares, compared to its average volume of 915,873. The company has a market cap of $7.40 billion, a price-to-earnings ratio of 8.80 and a beta of 0.48. Chord Energy Corporation has a twelve month low of $84.25 and a twelve month high of $151.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 1.02. The firm has a 50-day simple moving average of $128.04 and a 200-day simple moving average of $125.29.

Chord Energy (NASDAQ:CHRD – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.55 by ($0.11). The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.62 billion. Chord Energy had a net margin of 13.42% and a return on equity of 10.27%. The company’s revenue for the quarter was up 128.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.79 EPS. As a group, sell-side analysts expect that Chord Energy Corporation will post 18.32 earnings per share for the current year.

Chord Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.0%. Chord Energy’s payout ratio is 34.85%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CHRD shares. Scotiabank increased their price objective on Chord Energy from $114.00 to $135.00 and gave the company a “sector perform” rating in a report on Wednesday, April 22nd. Morgan Stanley cut their price target on shares of Chord Energy from $175.00 to $169.00 and set an “overweight” rating on the stock in a report on Monday, June 29th. Roth Capital reissued a “buy” rating and set a $145.00 price target on shares of Chord Energy in a research report on Wednesday, July 15th. UBS Group reduced their price target on shares of Chord Energy from $179.00 to $153.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Chord Energy in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.38.

Check Out Our Latest Report on CHRD

Hedge Funds Weigh In On Chord Energy

Several institutional investors and hedge funds have recently modified their holdings of the stock. New Age Alpha Advisors LLC boosted its holdings in Chord Energy by 18.0% in the 4th quarter. New Age Alpha Advisors LLC now owns 55,284 shares of the company’s stock worth $5,125,000 after buying an additional 8,437 shares during the last quarter. Oak Thistle LLC raised its holdings in shares of Chord Energy by 150.3% during the fourth quarter. Oak Thistle LLC now owns 21,208 shares of the company’s stock valued at $1,966,000 after acquiring an additional 12,736 shares during the last quarter. Jefferies Financial Group Inc. purchased a new position in shares of Chord Energy in the fourth quarter valued at approximately $6,489,000. LSV Asset Management lifted its position in shares of Chord Energy by 269.0% in the fourth quarter. LSV Asset Management now owns 149,385 shares of the company’s stock valued at $13,848,000 after acquiring an additional 108,900 shares in the last quarter. Finally, Fox Run Management L.L.C. boosted its stake in shares of Chord Energy by 122.8% in the fourth quarter. Fox Run Management L.L.C. now owns 16,689 shares of the company’s stock worth $1,547,000 after acquiring an additional 9,199 shares during the last quarter. Institutional investors and hedge funds own 97.76% of the company’s stock.

Chord Energy Company Profile

(Get Free Report)

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.