Chord Energy Corp
Chord Energy Corp is an independent exploration and production (E&P) company. Its primary business involves acquiring, exploring, and developing sites to produce crude oil, natural gas, and natural gas liquids (NGLs). The company's operations are heavily concentrated in the Williston Basin, a region spanning parts of North Dakota and Montana in the United States. Chord Energy targets specific geological layers, known as the Middle Bakken and Three Forks formations, which are known to be rich in hydrocarbons. With a significant number of productive wells, the company generates substantial daily output. It then sells its energy products to a range of purchasers, including refiners and marketers, using nearby pipeline and rail infrastructure to transport its resources to market. As with any energy company, its performance can be influenced by commodity prices and regulatory changes.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Chord Energy's stock with a target price of $170.56, indicating strong potential.
Financial Health
Chord Energy Corp is performing well with strong revenue and cash flow, indicating solid financial stability.
Dividend
Chord Energy Corp offers a high dividend yield of 9.08%, making it appealing for investors seeking income. If you invested $1000 you would be paid $90.80 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
A Focus on Financials
The company has demonstrated solid operational profitability, a key metric for investors assessing financial health. Of course, past performance is no guarantee of future returns.
Concentrated Regional Operations
Chord Energy centres its activities in the resource-rich Williston Basin. A focused geographical strategy can have both potential benefits and concentrated risks for investors to consider.
Potential for Shareholder Returns
The company has offered a high dividend yield, which can appeal to investors seeking income. It's important to remember that dividend payments are not guaranteed and can change.
Compare Chord Energy with other stocks
Kinetik vs Chord Energy
Kinetik vs Chord Energy
Comstock Resources vs Chord Energy
Comstock Resources vs Chord Energy: a comparison
NOV vs Chord Energy
NOV vs Chord Energy: quick comparison
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
BP p.l.c.
BP p.l.c. is a global energy company that provides energy products and services.
Canadian Natural Resources Limited
Explores, produces, markets, and distributes oil and natural gas.
Antero Resources Corporation
Antero Resources Corporation is an independent oil and natural gas company engaged in the acquisition, exploration, and development of natural gas, natural gas liquids, and oil properties in the United States.
