Chord Energy Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 4 out of 120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 127.95.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Chord Energy Corp's Score
Industry at a Glance
Industry Ranking
4 / 120
Overall Ranking
33 / 4540
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Chord Energy Corp Highlights
StrengthsRisks
Chord Energy Corporation is an independent exploration and production company, which is engaged in the acquisition, exploration, development and production of crude oil, natural gas liquids (NGL) and natural gas primarily in the Williston Basin. The Company’s operations are focused on the North Dakota and Montana areas of the Williston Basin, targeting the Middle Bakken and Three Forks formations, which are present across a substantial portion of its acreage. The Company has an average daily production of approximately 232,737 net barrels of oil equivalent per day (Boepd). It has approximately 9,011 (4,174.2 net) total gross productive wells, of which 4,824 gross (3,752.2 net) productive wells were operated by the Company. The Company sells its crude oil, NGL and natural gas production to refiners, marketers and other purchasers that have access to nearby pipeline and rail facilities.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 43.99% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 60.06%.
Undervalued
The company’s latest PB is 0.69, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 56.29M shares, increasing 4.11% quarter-over-quarter.
Chord Energy Corporation is an independent exploration and production company, which is engaged in the acquisition, exploration, development and production of crude oil, natural gas liquids (NGL) and natural gas primarily in the Williston Basin. The Company’s operations are focused on the North Dakota and Montana areas of the Williston Basin, targeting the Middle Bakken and Three Forks formations, which are present across a substantial portion of its acreage. The Company has an average daily production of approximately 232,737 net barrels of oil equivalent per day (Boepd). It has approximately 9,011 (4,174.2 net) total gross productive wells, of which 4,824 gross (3,752.2 net) productive wells were operated by the Company. The Company sells its crude oil, NGL and natural gas production to refiners, marketers and other purchasers that have access to nearby pipeline and rail facilities.