Chord Energy (NASDAQ:CHRD) Issues Quarterly Earnings Results

06 Aug 2026, 00:56 by Tristan Rich · The Markets Daily

Chord Energy (NASDAQ:CHRD – Get Free Report) posted its earnings results on Wednesday. The company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.55 by ($0.11), Zacks reports. Chord Energy had a positive return on equity of 7.06% and a negative net margin of 1.25%.The firm’s revenue for the quarter was up 128.6% on a year-over-year basis. During the same period last year, the company posted $1.79 EPS.

Chord Energy Price Performance

NASDAQ:CHRD traded down $6.94 during mid-day trading on Wednesday, reaching $129.95. The stock had a trading volume of 920,161 shares, compared to its average volume of 765,606. Chord Energy has a 12 month low of $84.25 and a 12 month high of $151.95. The stock has a market capitalization of $7.32 billion, a PE ratio of 13.72 and a beta of 0.48. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.96. The stock has a 50-day simple moving average of $128.07 and a two-hundred day simple moving average of $125.00.

Insider Buying and Selling at Chord Energy

In related news, COO Darrin J. Henke sold 1,276 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $145.97, for a total transaction of $186,257.72. Following the completion of the sale, the chief operating officer directly owned 21,157 shares in the company, valued at $3,088,287.29. This represents a 5.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Douglas E. Brooks sold 1,500 shares of Chord Energy stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $138.57, for a total value of $207,855.00. Following the completion of the transaction, the director owned 18,705 shares in the company, valued at approximately $2,591,951.85. This represents a 7.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,276 shares of company stock valued at $1,285,968 over the last 90 days. Corporate insiders own 0.79% of the company’s stock.

Institutional Investors Weigh In On Chord Energy

Hedge funds have recently made changes to their positions in the stock. WealthCollab LLC grew its holdings in shares of Chord Energy by 90.6% during the 2nd quarter. WealthCollab LLC now owns 305 shares of the company’s stock valued at $30,000 after purchasing an additional 145 shares during the last quarter. Triumph Capital Management bought a new position in Chord Energy in the 3rd quarter valued at approximately $56,000. UMB Bank n.a. boosted its position in Chord Energy by 78.2% in the fourth quarter. UMB Bank n.a. now owns 729 shares of the company’s stock valued at $68,000 after buying an additional 320 shares in the last quarter. Larson Financial Group LLC boosted its position in Chord Energy by 43.0% in the third quarter. Larson Financial Group LLC now owns 791 shares of the company’s stock valued at $79,000 after buying an additional 238 shares in the last quarter. Finally, Quarry LP grew its stake in shares of Chord Energy by 74.7% during the fourth quarter. Quarry LP now owns 1,027 shares of the company’s stock worth $95,000 after buying an additional 439 shares during the last quarter. 97.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CHRD has been the topic of a number of recent research reports. Williams Trading set a $189.00 price target on shares of Chord Energy in a research report on Monday, April 20th. BMO Capital Markets reissued an “outperform” rating on shares of Chord Energy in a report on Monday, June 29th. Scotiabank raised their target price on shares of Chord Energy from $114.00 to $135.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 22nd. Zacks Research downgraded shares of Chord Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 9th. Finally, Morgan Stanley cut their price target on Chord Energy from $175.00 to $169.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $152.38.

Read Our Latest Analysis on CHRD

About Chord Energy

(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.