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 25.16% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 60.06%.
Fairly Valued
The company’s latest PB is 0.84, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 56.74M shares, decreasing 7.85% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 176.66K shares of this stock.