Chord Energy (NASDAQ:CHRD) Director Douglas Brooks Sells 8,000 Shares

Chord Energy Corporation (NASDAQ:CHRD) Director Douglas Brooks sold 8,000 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $133.14, for a total value of $1,065,120.00. Following the completion of the transaction, the director owned 10,705 shares in the company, valued at $1,425,263.70. The trade was a 42.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Chord Energy Trading Down 0.9%

CHRD opened at $131.35 on Friday. Chord Energy Corporation has a twelve month low of $84.25 and a twelve month high of $151.95. The company has a 50-day simple moving average of $128.03 and a 200 day simple moving average of $125.33. The company has a quick ratio of 0.96, a current ratio of 1.22 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 8.80 and a beta of 0.48.

Chord Energy (NASDAQ:CHRD) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.55 by ($0.11). Chord Energy had a return on equity of 10.18% and a net margin of 13.42%.The firm had revenue of $2.17 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the previous year, the company earned $1.79 earnings per share. The company’s quarterly revenue was up 128.6% on a year-over-year basis. Analysts predict that Chord Energy Corporation will post 18.32 EPS for the current fiscal year.

Chord Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be given a dividend of $1.30 per share. The ex-dividend date is Thursday, August 20th. This represents a $5.20 annualized dividend and a dividend yield of 4.0%. Chord Energy’s dividend payout ratio (DPR) is currently 34.85%.

Key Chord Energy News

Here are the key news stories impacting Chord Energy this week:

• Positive Sentiment: Strong revenue growth: Chord Energy reported second-quarter revenue of $2.17 billion, well above the $1.62 billion consensus estimate and 128.6% higher than the year-ago period. The company also generated $6.44 in adjusted earnings per share, indicating solid operating performance despite falling slightly short of expectations. Chord Energy Boosts Cash Returns After Strong Quarter
• Positive Sentiment: Higher cash returns planned: Beginning in the third quarter of 2026, Chord said it intends to return at least 75% of adjusted free cash flow to shareholders. The policy could support the stock by increasing the potential for dividends and other capital distributions. Chord targets at least 75% of adjusted free cash flow returned to shareholders
• Positive Sentiment: Quarterly dividend declared: The company declared a $1.30-per-share dividend payable September 4 to shareholders of record August 20. The dividend represents an annualized yield of approximately 3.9%, reinforcing Chord’s shareholder-return appeal. Chord Energy dividend and stock information
• Neutral Sentiment: Results largely driven by expectations: Earnings-call materials and the Q2 presentation provide additional detail on production, costs and the company’s outlook, which investors will assess alongside commodity prices and future free-cash-flow generation. Chord Energy Corporation 2026 Q2 Results Earnings Call Presentation
• Negative Sentiment: EPS missed estimates: Second-quarter earnings per share of $6.44 were $0.11 below the $6.55 consensus forecast, which may be weighing on the stock despite the substantial revenue beat.
• Negative Sentiment: Director sold shares: Director Douglas E. Brooks sold 8,000 shares for approximately $1.07 million, reducing his ownership by 42.77%. Although one insider transaction does not establish a trend, the sale can create a modest negative sentiment signal. SEC insider transaction filing

Hedge Funds Weigh In On Chord Energy

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its stake in shares of Chord Energy by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company’s stock worth $190,346,000 after buying an additional 277,588 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Chord Energy by 6.1% in the 4th quarter. Wellington Management Group LLP now owns 1,809,526 shares of the company’s stock valued at $167,743,000 after acquiring an additional 104,373 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Chord Energy by 27.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,547,732 shares of the company’s stock valued at $220,078,000 after acquiring an additional 329,565 shares during the last quarter. Adage Capital Partners GP L.L.C. lifted its stake in shares of Chord Energy by 18.4% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,243,850 shares of the company’s stock valued at $115,305,000 after acquiring an additional 193,469 shares during the last quarter. Finally, Sourcerock Group LLC boosted its holdings in shares of Chord Energy by 2.1% during the 2nd quarter. Sourcerock Group LLC now owns 1,031,973 shares of the company’s stock valued at $99,947,000 after acquiring an additional 20,916 shares in the last quarter. 97.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. UBS Group lowered their price objective on shares of Chord Energy from $179.00 to $153.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Truist Financial reduced their target price on Chord Energy from $185.00 to $170.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Morgan Stanley decreased their price target on Chord Energy from $175.00 to $169.00 and set an “overweight” rating on the stock in a research note on Monday, June 29th. Wall Street Zen cut Chord Energy from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Chord Energy in a research report on Monday, June 29th. One investment 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $152.38.

About Chord Energy

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.

The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.