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Chord Energy Corporation operates as an independent exploration and production company in the United States. The company engages in the acquisition, exploration, development and production of crude oil, natural gas, and natural gas liquids in the Williston Basin. It sells its products to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.
Market Dynamics | Analysts set price targets ranging from $114 to $146, as Chord navigates oil price volatility and competition from other basins like the Permian |
Strategic Maneuvers | Explore Chord's aggressive stock buyback program and potential asset monetization in Marcellus shale, aiming to capitalize on perceived undervaluation |
Financial Headwinds | Despite operational improvements, projections indicate declining financial metrics, with net income expected to drop by nearly half from 2024 to 2025 |
Drilling Innovation | Chord Energy's 4-mile lateral drilling program showcases operational efficiency, reducing costs and potentially adding $8 per share to valuation |

Metrics to compare | CHRD | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCHRDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 159.4x | 14.4x | 6.9x | |
PEG Ratio | −1.67 | 0.11 | 0.00 | |
Price / Book | 0.9x | 1.6x | 1.1x | |
Price / LTM Sales | 1.6x | 2.2x | 1.5x | |
Upside (Analyst Target) | 22.0% | 26.1% | 16.3% | |
Fair Value Upside | Unlock | 25.4% | 5.9% | Unlock |