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Chord Energy demonstrates disciplined capital allocation, prioritizing free cash flow per share through operational efficiency, aggressive buybacks, and a clean balance sheet. Q2 results validate the thesis: FCF exceeded expectations, oil production hit guidance highs, and share count fell meaningfully, driving per-share value growth. Management commits to returning at least 75% of adjusted FCF to shareholders from Q3, primarily via buybacks, while maintaining a $1.30 quarterly base dividend.

Key Takeaways Chord's Q2 2026 earnings increased 259.8% as revenue rose 57.2% and oil production increased 5.6%. Chord generated $413M in adjusted free cash flow and returned $220M to shareholders in Q2. Chord faces commodity exposure as 2027 hedges cover only about 18% of oil volumes. Chord Energy Corporation (CHRD - Free Report) shares have climbed 14.1% in the past month, putting the stock’s recent momentum in focus. The key question is whether better operating performance and cash generation can keep supporting the move.

The latest quarter provided meaningful fundamental backing, but commodity exposure, higher operating costs and still-developing long-lateral economics leave reasons for caution.

CHRD’s Q2 Results Add Fundamental SupportChord reported second-quarter 2026 adjusted earnings of $6.44 per share, up 259.8% from $1.79 a year earlier. Revenues increased 57.2% to roughly $1.5 billion from $950.3 million.

The top line beat the Zacks Consensus Estimate by 4.2%, while earnings missed the consensus mark by 3.6%. That combination points to a substantially improved year-over-year earnings picture, though not an across-the-board beat.

Chord’s Oil Production Keeps Moving HigherOil production reached 165.4 thousand barrels per day, up 5.6% from the prior-year quarter, while total production was 286.4 thousand barrels of oil equivalent per day. Oil also represented 57.8% of total production.

Realizations added support. Chord’s average oil sales price excluding realized derivatives increased 52.5% to $93.99 per barrel, while the average NGL sales price rose 59.5% to $9.25 per barrel. Those improvements may have helped investor sentiment, but they do not establish the direct cause of the recent share-price gain.

CHRD’s Williston Scale Drives Operating EfficiencyChord is leveraging its scale in the Williston Basin to lift production while operating with fewer rigs and completion crews. The company expects fiscal 2026 oil production of 161 MBopd, up 14% from the pro-forma fiscal 2022 level of 141.5 MBopd, even as drilling rigs decline about 25% and completion crews fall roughly 21%. Chord also continues to expand its long-lateral development strategy, with about 80% of its year-end 2025 inventory supporting 3-mile or 4-mile laterals. Management believes these longer laterals can lower breakevens and improve capital efficiency, providing another potential support for free cash flow. Still, the benefits depend on sustained execution as the 4-mile program becomes a larger part of the development mix.

Image Source: Zacks Investment Research

Chord’s Free Cash Flow Strengthens the Bull CaseAdjusted free cash flow rose to about $413 million from roughly $141 million a year earlier, while net cash provided by operating activities reached $1.12 billion. Chord returned $220 million to shareholders in the quarter through its base dividend and share repurchases.

Liquidity also provides flexibility. Chord ended June with $611.6 million of cash and no revolver borrowings, while its revolving credit facility had $2 billion of elected commitments. Management expects to return at least 75% of adjusted free cash flow beginning in the third quarter, subject to its leverage framework.

CHRD Still Faces Commodity and Cost RisksThe biggest counterweight is commodity sensitivity. About 38% of second-half 2026 oil volumes were hedged, while only about 18% of 2027 volumes had protection, leaving much of future production exposed to oil-price swings.

Costs and execution deserve attention as well. Chord raised its 2026 lease operating expense midpoint to $10.30 per barrel of oil equivalent as production-enhancement activity and workover costs increased. Early 4-mile well performance is in line with expectations, but mature production history is still insufficient to fully validate the economics of the fourth mile.

For sector context, Diamondback Energy (FANG - Free Report) , a Permian-focused producer, averaged 525 thousand barrels of oil per day in the second quarter of 2026. Devon Energy Corporation (DVN - Free Report) offers a more diversified multi-basin portfolio, giving investors another operating model against which to consider Chord’s Williston concentration.

Chord’s Earnings Outlook Shows Near-Term StrengthThe Zacks Consensus Estimate calls for CHRD to post earnings of $3.76 per share in the current quarter, implying 60% growth. For the December quarter, the consensus mark is pegged at $3.63 per share, representing an estimated 183.6% increase from the year-ago period. Current-year earnings are projected at $18.03 per share, up 89.2% from $9.53 a year earlier. However, the outlook weakens for 2027, with the Zacks Consensus Estimate of $11.61 per share implying a 35.6% decline. That expected pullback could temper enthusiasm around CHRD’s recent share-price momentum.

Image Source: Zacks Investment Research

CHRD’s Signals Temper the Recent MomentumThe recent rally has stronger operating and cash-flow support than it did before the quarter, but commodity exposure, rising costs and execution uncertainty keep the setup from being one-sided. Those risks matter more as the stock extends its short-term gains.

CHRD currently carries a Zacks Rank #5 (Strong Sell), which signals near-term caution.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

At the same time, it has a Value Score of A, Growth Score of A, Momentum Score of A and a VGM Score of A. The Style Scores highlight favorable characteristics across those investment styles, but they are designed to complement the Zacks Rank rather than override it. That contrast argues for keeping the recent momentum in perspective.

Key Takeaways Chord's Q2 2026 revenues rose 57.2% as oil output and oil and NGL realizations strengthened.Chord's oil production increased 5.6% to 165.4 MBbl/d, lifting oil's share of output.Chord's adjusted free cash flow surged to $413.4 million, supporting $147.4 million in share repurchases. Chord Energy Corporation (CHRD - Free Report) reported second-quarter 2026 adjusted earnings of $6.44 per share, up 259.8% from $1.79 a year ago. The bottom line missed the Zacks Consensus Estimate of $6.68 by 3.6%.

Total quarterly revenues rose 57.2% to $1.5 billion from $950.3 million. The top line beat the Zacks Consensus Estimate of $1.4 billion by 4.2%.

The strong quarterly revenues were driven by higher oil output, and stronger oil and natural gas liquids (NGL) realizations.

Total production reached 286.4 thousand barrels of oil equivalent per day (MBoe/d).

CHRD's Oil Output Moves HigherCHRD's oil production was 165.4 thousand barrels per day (MBbl/d), up 5.6% from 156.7 MBbl/d in the year-ago quarter. Oil represented 57.8% of total production, compared with 55.6% a year earlier.

Natural gas liquids production fell 2.0% to 53 thousand barrels per day (MBbl/d) from 54.1 MBbl/d recorded in the prior-year quarter. Natural gas production declined 4.2% to 408 million cubic feet per day (MMcf/d) from 425.9 MMcf/d in the second quarter of 2025. The company had 66 gross and 47 net operated wells turned in line during the quarter.

Chord Benefits From Stronger RealizationsChord's average oil sales price, excluding realized derivatives, increased 52.5% to $93.99 per barrel from $61.62 per barrel a year earlier. The average NGL sales price, excluding realized derivatives, increased 59.5% to $9.25 per barrel from $5.80 per barrel in the year-ago quarter.

Crude oil revenues rose to $1.42 billion, while NGL revenues increased to $44.6 million and natural gas revenues fell to $34.7 million.

CHRD's Cost Picture Shows Mixed TrendsLease operating expense (LOE) increased to $267.8 million from $257.0 million a year ago, while LOE per barrel of oil equivalent rose to $10.28 from $10.02. Production taxes rose to $125.9 million from $69.0 million.

Gathering, processing and transportation expense declined to $62.8 million from $74.1 million. Depreciation, depletion and amortization increased to $409.2 million from $377.0 million. Total select operating expenses were $865.7 million, up from $777.1 million.

CHRD's Cash Flow Supports Higher Capital ReturnsNet cash provided by operating activities reached $1.12 billion, up from $419.8 million a year ago. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose to $923.5 million from $547.2 million, while adjusted free cash flow increased to $413.4 million from $140.8 million.

CHRD returned 54% of adjusted free cash flow to shareholders in the quarter. It repurchased 1,104,346 shares for $147.4 million and declared a base dividend of $1.30 per share.

Chord’s Balance SheetAs of June 30, 2026, Chord had cash and cash equivalents of $611.6 million, while total debt was $1.50 billion and liquidity was $2.58 billion.

CHRD Keeps 2026 Capital Plan SteadyChord maintained its full-year 2026 oil-volume midpoint at 161 MBbl/d, with guidance to be in the range of 160.2-161.8 MBbl/d. Total production is projected to be in the range of 278.2-281.8 MBoe/d, while capital expenditures are expected to be between $1.36 billion and $1.44 billion.

For the third quarter, oil volumes are expected to be in the range of 161.5-164.5 Mbo/d and capital spending between $360 million and $390 million. Chord raised the full-year LOE midpoint to $10.30 per barrel of oil equivalent (Boe), reflecting additional production-enhancement initiatives, higher workover costs and higher non-operated LOE. The company expects about $3.0 billion of adjusted EBITDA and $1.3 billion of adjusted free cash flow for 2026, assuming $75 WTI and $3 Henry Hub in the second half.

CHRD’s Zacks Rank & Key PicksChord currently carries a Zacks Rank #4 (Sell).

Some better-ranked stocks from the energy sector are PBF Energy Inc. (PBF - Free Report) , Valero Energy Corporation (VLO - Free Report) and Cactus, Inc. (WHD - Free Report) . PBF sports a Zacks Rank #1 (Strong Buy), while VLO and WHD carry a Zacks Rank #2 (Buy) each, at present. You can see the complete list of today’s Zacks Rank #1 stocks here.

PBF reported second-quarter 2026 adjusted earnings of $6.22 per share, surpassing the Zacks Consensus Estimate of $4.05 per share.

As of June 30, 2026, PBF had total debt of $1.75 billion, and cash and cash equivalents of $894.1 million.

Valero reported second-quarter 2026 adjusted earnings of $12.54 per share, which beat the Zacks Consensus Estimate of $9.87 per share.

As of June 30, 2026, VLO had total debt of $9.10 billion, and cash and cash equivalents of $7.87 billion.

Cactus reported second-quarter 2026 adjusted earnings of 93 cents per share, surpassing the Zacks Consensus Estimate of 71 cents per share.

As of June 30, 2026, WHD had cash and cash equivalents of $365 million.

Oil Could Dip, But These 3 Energy Stocks Still Look Built to WinChord Energy NASDAQ: CHRD reported second-quarter 2026 adjusted free cash flow of $414 million, with oil production at the high end of its guidance range and adjusted capital spending modestly below the midpoint of guidance, President and CEO Danny Brown said during the company’s earnings call.

The company returned $220 million to shareholders during the quarter through its base dividend and share repurchases, representing 54% of adjusted free cash flow. Brown said Chord’s balance sheet had grown to $612 million and normalized leverage had declined below one-half turn at quarter-end.

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As a result, Chord expects to return at least 75% of adjusted free cash flow to shareholders beginning in the third quarter. Brown said the company expects that payout level to continue through the third and fourth quarters, subject to changes in leverage.

Production and Capital Outlook Chord maintained its full-year 2026 oil-production outlook of 161,000 barrels per day, which is 2,000 barrels per day above its original outlook. Brown attributed the increase largely to investments in low-cost, short-cycle opportunities within the company’s base production.

The company’s overall capital outlook was “essentially unchanged,” though spending is expected to decline materially in the third quarter after Chord dropped its second frac crew in July. Brown said spending is expected to decrease again in the fourth quarter.

Chord raised its full-year lease operating expense outlook to $10.30 per barrel of oil equivalent. The increase reflects expanded production-enhancement initiatives, higher workover costs than initially expected and somewhat higher non-operated lease operating expense.

Brown said the company is willing to incur incremental operating costs where it sees opportunities to generate strong risk-adjusted future cash flow. Those efforts include workovers, efforts to reduce downtime, chemical treatments, surface de-bottlenecking and artificial-lift optimization.

Base Production Optimization Efforts Chord has expanded testing of chemical treatments across a larger population of wells after seeing encouraging initial results, according to Brown. The company is testing multiple treatment types and is currently assuming only limited volume upside from the initiative while it evaluates effectiveness, economics and the potential for broader deployment.

Brown said Chord needs more production history before incorporating a larger contribution from the chemical program into its outlook. The company is using selection criteria to identify wells that may be the best candidates for particular treatments, while monitoring results to determine whether performance can be replicated.

Chief Operating Officer Darrin Henke said some of the work includes lowering pumps and has resulted in improved productivity. He added that the company has arrested production declines across a meaningful portion of its wells through several optimization initiatives.

Brown also highlighted Chord’s use of artificial intelligence to optimize rod-pump operations across much of its field. The technology is intended to improve pump loading, reduce equipment wear and support production. Chord is also using computer-based scheduling to allocate workover rigs across its more than 5,000 wells in the basin, considering factors such as production volumes, repair costs, parts availability and the proximity of wells.

Longer Laterals and Completion Efficiency Chord continued to advance its longer-lateral drilling program, turning in line four additional four-mile pads since its May update. The company has now executed 26 four-mile wells in total and remains on track to scale the program through the second half of 2026 and into 2027.

Brown said early execution and performance from the four-mile wells were in line with expectations, though the company needs more time to assess the full contribution from the fourth mile of lateral length. The company is using tracers on four-mile wells and has observed tracer returns from toe stages at the surface, Henke said, indicating that those stages are contributing.

Chord also completed what Henke described as the Bakken basin’s first trimulfrac. The company is evaluating trimulfrac and remote-fracking opportunities for 2027, with Henke estimating that trimulfrac could represent roughly 20% to 50% of next year’s program, depending on operational conditions.

The company said faster frac cycle times accelerated some activity into the first half of the year, increasing first-half production while reducing expected second-half volumes relative to its initial outlook. Chord also cited reduced facilities-related capital from equipment reuse and scalable facility design.

Commodity Differentials and Hedging Chord updated its differential and realization outlook to reflect market conditions. Bakken crude traded at premiums to West Texas Intermediate during the second quarter, which management attributed to unusual market conditions, including a sharp oil-price increase and backwardation in the commodity curve.

Michael Lou, Chord’s chief strategy officer and chief commercial officer, said Bakken crude has historically traded in a range from about $2 per barrel below WTI to $2 per barrel above it. Chord expects its net premium to fade through the remainder of 2026 and is guiding to pricing slightly below WTI, which Lou characterized as still strong basin differentials.

Chord also added hedges for the next several years. The company has approximately 38% of its second-half 2026 oil volumes hedged and about 18% of 2027 oil volumes hedged.

Brown said the company remains focused on disciplined capital allocation and continuous operational improvement amid uncertainty around oil prices and commodity-market volatility.

About Chord Energy (NASDAQ:CHRD)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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Chord Energy Corporation (CHRD - Free Report) came out with quarterly earnings of $6.44 per share, missing the Zacks Consensus Estimate of $6.68 per share. This compares to earnings of $1.79 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -3.59%. A quarter ago, it was expected that this company would post earnings of $3.35 per share when it actually produced earnings of $4.56, delivering a surprise of +36.12%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Chord Energy Corporation, which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $1.49 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.76%. This compares to year-ago revenues of $1.18 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Chord Energy Corporation shares have added about 47.7% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for Chord Energy Corporation?While Chord Energy Corporation has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Chord Energy Corporation was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.71 on $1.17 billion in revenues for the coming quarter and $18.32 on $4.86 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Exploration and Production - United States is currently in the bottom 13% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Northern Oil and Gas (NOG - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This independent oil and gas company is expected to post quarterly earnings of $1.02 per share in its upcoming report, which represents a year-over-year change of -25.6%. The consensus EPS estimate for the quarter has been revised 3.2% higher over the last 30 days to the current level.

Northern Oil and Gas' revenues are expected to be $545.76 million, down 5% from the year-ago quarter.

HOUSTON, Aug. 5, 2026 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord," "Chord Energy," or the "Company") today reported financial and operating results for the second quarter 2026. Key Takeaways and Updates: Operational Strength: Cash Flow from Operations and Adjusted Free Cash Flow exceeded expectations in 2Q26, supported by oil volumes at the high-end of guidance, and capital expenditures ("CapEx") modestly below midpoint guidance; Shareholder Returns: Returned 54% of Adjusted Free Cash Flow(1) to shareholders through the base dividend of $1.30 per share and $147.4MM of share repurchases; Executing 4-Mile Laterals: Successfully executed and turned in line ("TIL") four additional 4-mile pads; and Enhancing Base Production: Continuing to benefit from strength in base production performance which is driving volumes above the initial 2026 plan.

Chord Energy Corporation (CHRD - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on August 5, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis company is expected to post quarterly earnings of $6.68 per share in its upcoming report, which represents a year-over-year change of +273.2%.

Revenues are expected to be $1.43 billion, up 20.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 20.68% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Chord Energy Corporation?For Chord Energy Corporation, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Chord Energy Corporation will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Chord Energy Corporation would post earnings of $3.35 per share when it actually produced earnings of $4.56, delivering a surprise of +36.12%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Chord Energy Corporation doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Expected Results of an Industry PlayerW&T Offshore (WTI - Free Report) , another stock in the Zacks Oil and Gas - Exploration and Production - United States industry, is expected to report loss per share of $0 for the quarter ended June 2026. This estimate points to a year-over-year change of +100%. Revenues for the quarter are expected to be $151.55 million, up 23.9% from the year-ago quarter.

The consensus EPS estimate for W&T has been revised 12.5% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +633.32%.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that W&T will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Posted by Defense World Staff on Jul 27th, 2026

Compound Planning Inc. acquired a new position in shares of Chord Energy Corporation (NASDAQ:CHRD – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,437 shares of the company’s stock, valued at approximately $915,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bessemer Group Inc. boosted its position in shares of Chord Energy by 63.8% during the first quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock valued at $27,000 after buying an additional 74 shares during the last quarter. Blue Trust Inc. raised its position in Chord Energy by 22.2% in the 1st quarter. Blue Trust Inc. now owns 463 shares of the company’s stock valued at $66,000 after buying an additional 84 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in Chord Energy by 16.5% during the 4th quarter. SBI Securities Co. Ltd. now owns 797 shares of the company’s stock valued at $74,000 after acquiring an additional 113 shares in the last quarter. WealthCollab LLC lifted its stake in Chord Energy by 90.6% during the 2nd quarter. WealthCollab LLC now owns 305 shares of the company’s stock valued at $30,000 after acquiring an additional 145 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Chord Energy by 178.6% during the 1st quarter. Root Financial Partners LLC now owns 234 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares during the last quarter. 97.76% of the stock is owned by institutional investors.

Chord Energy Stock Performance Shares of CHRD stock opened at $138.36 on Monday. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of -122.44 and a beta of 0.49. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.96 and a current ratio of 1.02. Chord Energy Corporation has a 52 week low of $84.25 and a 52 week high of $151.95. The firm’s 50-day simple moving average is $129.37 and its two-hundred day simple moving average is $122.57.

Chord Energy (NASDAQ:CHRD – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $4.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.51 by $1.05. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.21 billion. Chord Energy had a negative net margin of 1.25% and a positive return on equity of 7.06%. Chord Energy’s quarterly revenue was up 37.1% compared to the same quarter last year. During the same quarter last year, the business posted $4.04 EPS. As a group, equities analysts forecast that Chord Energy Corporation will post 18.32 earnings per share for the current year.

Chord Energy Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Wednesday, May 20th were paid a dividend of $1.30 per share. The ex-dividend date was Wednesday, May 20th. This represents a $5.20 annualized dividend and a dividend yield of 3.8%. Chord Energy’s dividend payout ratio is presently -460.18%.

Insider Buying and Selling at Chord Energy In other Chord Energy news, Director Douglas E. Brooks sold 3,500 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $136.71, for a total transaction of $478,485.00. Following the sale, the director directly owned 20,205 shares of the company’s stock, valued at $2,762,225.55. This represents a 14.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Darrin J. Henke sold 1,276 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $145.97, for a total transaction of $186,257.72. Following the transaction, the chief operating officer owned 21,157 shares of the company’s stock, valued at $3,088,287.29. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,276 shares of company stock valued at $1,285,968 in the last quarter. 0.79% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades Several brokerages have recently commented on CHRD. Wells Fargo & Company increased their target price on shares of Chord Energy from $136.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Mizuho boosted their price target on shares of Chord Energy from $164.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Citigroup reduced their price objective on shares of Chord Energy from $155.00 to $130.00 and set a “neutral” rating for the company in a research report on Friday, July 10th. Morgan Stanley decreased their price objective on shares of Chord Energy from $175.00 to $169.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Finally, Williams Trading set a $189.00 target price on shares of Chord Energy in a research report on Monday, April 20th. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $152.38.

Read Our Latest Stock Analysis on Chord Energy

Chord Energy Profile (Free Report)

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.

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Investors in Chord Energy Corporation (CHRD - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 18, 2026 $95 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Chord Energy shares, but what is the fundamental picture for the company? Currently, Chord Energy is a Zacks Rank #4 (Sell) in the Oil and Gas - Exploration and Production - United States industry that ranks in the Bottom 16% of our Zacks Industry Rank. Over the last 30 days, three analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $6.12 per share to $6.68 in that period.

Given the way analysts feel about Chord Energy right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC grew its position in Chord Energy Corporation (NASDAQ:CHRD – Free Report) by 1.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 734,416 shares of the company’s stock after buying an additional 7,250 shares during the period. Allspring Global Investments Holdings LLC owned approximately 1.30% of Chord Energy worth $100,586,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Blue Trust Inc. raised its holdings in shares of Chord Energy by 22.2% during the first quarter. Blue Trust Inc. now owns 463 shares of the company’s stock valued at $66,000 after purchasing an additional 84 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in Chord Energy by 16.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 797 shares of the company’s stock valued at $74,000 after acquiring an additional 113 shares during the period. WealthCollab LLC boosted its position in Chord Energy by 90.6% in the second quarter. WealthCollab LLC now owns 305 shares of the company’s stock worth $30,000 after purchasing an additional 145 shares during the last quarter. Root Financial Partners LLC boosted its position in Chord Energy by 178.6% in the first quarter. Root Financial Partners LLC now owns 234 shares of the company’s stock worth $33,000 after purchasing an additional 150 shares during the last quarter. Finally, Madison Asset Management LLC grew its stake in shares of Chord Energy by 0.6% during the 4th quarter. Madison Asset Management LLC now owns 24,950 shares of the company’s stock valued at $2,313,000 after purchasing an additional 160 shares during the period. 97.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Chord Energy In related news, COO Darrin J. Henke sold 1,276 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $145.97, for a total transaction of $186,257.72. Following the completion of the sale, the chief operating officer directly owned 21,157 shares in the company, valued at $3,088,287.29. This represents a 5.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Douglas E. Brooks sold 3,500 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $136.71, for a total value of $478,485.00. Following the sale, the director directly owned 20,205 shares in the company, valued at approximately $2,762,225.55. The trade was a 14.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 9,276 shares of company stock valued at $1,285,968. Corporate insiders own 0.79% of the company’s stock.

Chord Energy Price Performance Shares of CHRD stock opened at $128.10 on Friday. The company has a market capitalization of $7.21 billion, a P/E ratio of -113.36 and a beta of 0.49. The company’s 50-day simple moving average is $130.12 and its two-hundred day simple moving average is $120.85. Chord Energy Corporation has a one year low of $84.25 and a one year high of $151.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.96.

Chord Energy (NASDAQ:CHRD – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $4.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.51 by $1.05. Chord Energy had a positive return on equity of 7.06% and a negative net margin of 1.25%.The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the company posted $4.04 EPS. Chord Energy’s revenue was up 37.1% on a year-over-year basis. As a group, equities analysts anticipate that Chord Energy Corporation will post 18.32 EPS for the current year.

Chord Energy Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Wednesday, May 20th were issued a $1.30 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 4.1%. Chord Energy’s dividend payout ratio (DPR) is currently -460.18%.

Wall Street Analysts Forecast Growth Several brokerages recently issued reports on CHRD. Wall Street Zen lowered shares of Chord Energy from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 27th. BMO Capital Markets reiterated an “outperform” rating on shares of Chord Energy in a research note on Monday, June 29th. Mizuho boosted their price objective on shares of Chord Energy from $164.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Citigroup decreased their target price on Chord Energy from $155.00 to $130.00 and set a “neutral” rating on the stock in a report on Friday, July 10th. Finally, Morgan Stanley cut their price target on Chord Energy from $175.00 to $169.00 and set an “overweight” rating for the company in a report on Monday, June 29th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.38.

Check Out Our Latest Stock Analysis on Chord Energy

About Chord Energy (Free Report)

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.

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A Look at Chord Energy Corp (CHRD) After 4.6% Gain -- GF Value $133.30 vs Price $122.15

On July 08, 2026, Chord Energy Corp CHRD shares rose 4.6% today, reflecting a positive movement in the stock. The current price of $122.15 is within a 52-week range of $84.25 to $151.95, showcasing notable volatility in the past year.

GF Value™ verdict: The current price is $122.15, which is 8.4% below the GF Value™ of $133.30.GF Score™ of 61/100 indicates that the stock is ranked as Above Average.Notable signal: Insiders have sold $1.3 million worth of shares in the last 3 months with no buying activity. Is CHRD Overvalued or Undervalued? The current trading price of Chord Energy Corp at $122.15 is below its GF Value™ of $133.30, indicating that the stock is approximately 8.4% undervalued. This presents a potential buying opportunity for investors looking for stocks that may appreciate in value. However, it's crucial to consider the risks associated with this valuation, especially given the company's financial strength rating of 6/10, which suggests that while the company is stable, it may not be without its vulnerabilities. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

Furthermore, the GF Valuation label describes the stock as fairly valued, suggesting that while there may be some upside, the market's sentiment and performance metrics need to be closely monitored to ensure that the undervaluation does not mask underlying issues.

How Does CHRD's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 6.3x 6.4x The current forward P/E ratio of 6.3x is slightly below its own 5-year median P/E of 6.4x, indicating that the stock is trading at a similar valuation level compared to its historical average. This P/E analysis agrees with the GF Value™ verdict, reinforcing the notion that the stock is fairly valued and potentially presenting an undervaluation opportunity.

What Does CHRD's GF Score™ Tell Us? Metric Rating GF Score™ 61/100 Financial Strength 6/10 Profitability 6/10 Growth 3/10 Valuation 10/10 Momentum 1/10 The GF Score™ of 61/100 indicates that Chord Energy Corp is rated as Above Average. The strongest aspects of the score are its Valuation at 10/10 and Financial Strength at 6/10. However, the Growth rank of 3/10 and the Momentum rank of 1/10 suggest that the company may be experiencing challenges in its growth prospects and market momentum, which are critical factors for long-term investment success.

What Are Insiders Doing with CHRD Stock? In the past three months, insiders have sold $1.3 million worth of Chord Energy Corp shares with no reported buying activity. This trend of insider selling could signal a lack of confidence in the company’s short-term performance or potential challenges ahead. Investors may want to consider this insider activity as a cautionary signal while evaluating their investment decisions.

What This Means for Investors Based on the GF Value™ assessment, Chord Energy Corp CHRD is currently undervalued, presenting a potential opportunity for investors. However, the stock's performance metrics and insider selling activity suggest caution is warranted while evaluating future investment decisions.

For the complete analysis, visit the Chord Energy Corp CHRD stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is CHRD's GF Score™?

CHRD's GF Score™ is 61/100, indicating that the stock is rated as Above Average compared to its peers, suggesting moderate potential for long-term returns.

Is CHRD overvalued or undervalued?

CHRD is currently considered undervalued, with a GF Value™ of $133.30 compared to its current price of $122.15, indicating an 8.4% margin of safety.

What is CHRD's P/E ratio?

CHRD's current forward P/E is 6.3x, which is slightly below its 5-year median P/E of 6.4x, suggesting that the stock is trading at a similar valuation compared to its historical levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Chord Energy Corporation (CHRD - Free Report) came out with quarterly earnings of $4.56 per share, beating the Zacks Consensus Estimate of $3.35 per share. This compares to earnings of $4.04 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +36.12%. A quarter ago, it was expected that this company would post earnings of $1.17 per share when it actually produced earnings of $1.28, delivering a surprise of +9.4%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Chord Energy Corporation, which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, posted revenues of $1.15 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.79%. This compares to year-ago revenues of $1.22 billion. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Chord Energy Corporation shares have added about 61% since the beginning of the year versus the S&P 500's gain of 5.2%.

What's Next for Chord Energy Corporation?While Chord Energy Corporation has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Chord Energy Corporation was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $5.35 on $1.3 billion in revenues for the coming quarter and $16.94 on $4.69 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Exploration and Production - United States is currently in the top 5% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Mach Natural Resources LP (MNR - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.

This company is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of -22.1%. The consensus EPS estimate for the quarter has been revised 5.8% higher over the last 30 days to the current level.

Mach Natural Resources LP's revenues are expected to be $399.32 million, up 76.1% from the year-ago quarter.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One company to watch right now is Chord Energy Corporation (CHRD - Free Report) . CHRD is currently sporting a Zacks Rank #1 (Strong Buy), as well as a Value grade of A. The stock holds a P/E ratio of 11.01, while its industry has an average P/E of 11.35. Over the last 12 months, CHRD's Forward P/E has been as high as 12.38 and as low as 6.26, with a median of 8.29.

Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. CHRD has a P/S ratio of 1.5. This compares to its industry's average P/S of 1.96.

Investors could also keep in mind SM Energy (SM - Free Report) , another Oil and Gas - Exploration and Production - United States stock with a Zacks Rank of #1 (Strong Buy) and Value grade of A.

SM Energy also has a P/B ratio of 0.64 compared to its industry's price-to-book ratio of 3.50. Over the past year, its P/B ratio has been as high as 1.30, as low as 0.53, with a median of 0.79.

These are just a handful of the figures considered in Chord Energy Corporation and SM Energy's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CHRD and SM is an impressive value stock right now.

© Panchenko Vladimir / Shutterstock.com

The Amplify Energy & Natural Resources Covered Call ETF (NYSEARCA:NDIV) sells call options against a basket of energy and natural resources equities to convert commodity volatility into monthly cash distributions. Investors hold NDIV for the income, but covered-call funds live and die by two things: the dividends and option premiums coming in, and whether NAV holds up underneath. NDIV closed at around $35, after a 34% year-to-date gain, so the distribution story is currently being underwritten by one of the strongest commodity tapes in years.

How NDIV Turns Commodities Into Cash The fund collects two income streams. The first is the underlying dividends paid by gold miners, oil and gas producers, and midstream operators it owns. The second comes from writing call options on those positions, which generates premium upfront in exchange for capping upside if the stocks rally past the strike. When volatility is elevated, premiums fatten. When prices rip higher, the calls get exercised and NDIV gives up the gains above the strike.

The CBOE Volatility Index sits at 17.39, down 28% over the past month from a March spike to 31.05. Premium income is moderating from earlier-2026 highs, though sector-specific volatility in energy names remains elevated.

The Dividend Engine Inside the Fund Start with the gold miners. Agnico Eagle Mines (NYSE:AEM | AEM Price Prediction) raised its quarterly payout to $0.45 per share for June 2026, a 13% increase after holding $0.40 for four years. With trailing EPS of $10.63 against $1.65 in annual dividends, the payout consumes a fraction of earnings. Q1 free cash flow of $732 million and a $2.92 billion net cash position mean the dividend is among the safest in the holdings list.

Alamos Gold (NYSE:AGI) lifted its quarterly dividend to $0.04 from $0.025, a 60% bump backed by Q1 adjusted earnings of $232 million versus $59.8 million a year earlier. The yield is small, roughly 0.3%, so AGI contributes more to NDIV through option premium and price appreciation than dividend cash.

The energy side is where sustainability questions sharpen. Chord Energy (NASDAQ:CHRD) has paid a $1.30 base quarterly dividend for five straight quarters. The company guides to roughly $1.4 billion in 2026 adjusted free cash flow at $80 WTI. With WTI at around $110, coverage is comfortable. The risk is mechanical: oil sat at around $55 in mid-December 2025, and Chord historically slashed special dividends fast when prices fell. The base looks defensible, but anyone counting on prior-year totals should anchor expectations to the $1.30 floor.

Antero Midstream (NYSE:AM) yields 4.1% and has held its $0.225 quarterly distribution since 2021. Q1 adjusted EBITDA rose 5%, and 2026 guidance points to $330 to $390 million in free cash flow after dividends. The HG Energy acquisition pushed leverage near 3x, but coverage is solid.

Total Return Versus the Yield NDIV is up 45% over the trailing year, a rare result for a covered-call fund and a sign the calls have not capped all the upside in this commodity rally. Underlying winners outran NDIV: AEM gained 62%, CHRD 61%, and AGI 57%. That gap is the cost of the income overlay.

The Verdict NDIV’s distribution looks well supported today. Gold producers are flush, midstream cash flow is contracted, and Chord’s base dividend clears coverage at current oil. The real risks are cyclical: a drop in WTI toward $60, a fade in gold, and a VIX retreat below 15 would all compress income simultaneously. Investors who want exposure to energy and resources with a richer income stream than the underlyings provide can rely on NDIV’s distribution in this environment, provided they accept that NAV will track commodities downward when the cycle turns.

Chord Energy remains undervalued despite a 40% share price increase, offering substantial value at normalized $70 WTI crude pricing. CHRD consistently generates over 20% free cash flow yields at current prices, driven by improved supply-demand dynamics in crude oil. The 4-mile well development program has unlocked 4% year-over-year production growth within a CAPEX budget set at $60 WTI.

AUSTIN, Texas, May 20, 2026 (GLOBE NEWSWIRE) -- MaverickX announced today that it has closed a strategic capital round with Chord Energy, the largest exploration and production company in the Bakken. In addition, MaverickX has secured additional investment Olive Tree Capital, an existing MaverickX investor.

The strategic investment will support continued development and optimization of PetroX Boost™, MaverickX’s production enhancement solution designed to increase oil recovery from shale wells. As part of the investment, Chord has committed to multiple early field deployments of PetroX Boost across its operated assets.

Chord Energy is actively evaluating PetroX Boost as a potential solution to address one of shale’s core challenges: lower recovery factors, where a sizable portion of hydrocarbons remain trapped underground despite modern completion techniques.

“We are constantly evaluating the newest technologies in the market, and PetroX from MaverickX is one of the more promising solutions we’ve seen,” said Jason Swaren, Senior Vice President of Production at Chord Energy. “PetroX has a real chance to materially impact recovery factors in shale, and we are excited to invest in and work with MaverickX as they advance this technology in the field. It is one of the more unique solutions I have seen.”

MaverickX’s early results with PetroX Boost on core samples have increased recovery factors by up to 20%. PetroX Boost is engineered and intended to enhance production from existing wells by increasing hydrocarbon mobility and improving reservoir performance – a critical opportunity in mature shale plays where incremental recovery can drive outsized returns. It’s an advanced permeability enhancer for tight formations, breaking down illite, smectite, and other silicate clays responsible for swelling and flow restriction in shale reservoirs.

“This investment validates the need for new, scalable technologies that can unlock more value from existing wells,” said Eric Herrera, CEO and Co‑founder of MaverickX. “Having Chord Energy – one of the most technically sophisticated operators in the Bakken – team up with us strategically is a powerful endorsement of PetroX Boost and our broader technology platform. Coupled with Olive Tree’s continued support, this round positions MaverickX for its next phase of commercial scale‑up.”

Beyond capital, the collaboration with Chord provides MaverickX with direct operational collaboration, data feedback, and deployment opportunities that will accelerate product optimization and commercialization.

“This round was intentionally structured as strategic capital,” said Jesse Evans, COO and Co‑founder of MaverickX. “Chord brings not only investment, but deep operational expertise and real‑world deployment opportunities that help us refine PetroX Boost faster and more effectively. With recovery factors in shale still remarkably low, we believe PetroX Boost can play a meaningful role in reshaping how producers think about production enhancement and long‑term value creation.”

This funding builds on recent milestones for MaverickX, including expanded production capacity (announced its new production facility in Pleasanton, Texas, earlier this month) and accelerating commercial demand for its PetroX product line across multiple oil‑producing basins.

For more information about MaverickX visit: MaverickX.com.
To learn more about the PetroX product line, visit: https://www.maverickx.com/oil-gas.

About MaverickX
MaverickX is an Austin, Texas-based technology company developing advanced chemistry and enzymatic solutions to decarbonize and modernize resource extraction. MaverickX is focused on turning stranded and depleted wells into productive, low-impact sources of both hydrocarbons and critical metals by combining PetroX with LithX green chemistry extraction platform.

About Chord Energy
Chord Energy Corporation is an independent exploration and production company with quality and sustainable long-lived assets primarily in the Williston Basin. The Company is uniquely positioned with a best-in-class balance sheet and is focused on rigorous capital discipline and generating free cash flow by operating efficiently, safely and responsibly to develop its unconventional onshore oil-rich resources in the continental United States. For more information, please visit the Company's website at www.chordenergy.com.

Media Contact
Tad Druart
Pierpont Communications
(512) 448-4950
[email protected]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Chord Energy Corporation (CHRD - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Chord Energy Corporation currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for CHRD that show why this company shows promise as a solid momentum pick.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For CHRD, shares are up 8.76% over the past week while the Zacks Oil and Gas - Exploration and Production - United States industry is up 2.68% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 14.12% compares favorably with the industry's 2.56% performance as well.

While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Chord Energy Corporation have risen 42.63%, and are up 58.14% in the last year. In comparison, the S&P 500 has only moved 7.46% and 24.67%, respectively.

Investors should also take note of CHRD's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now CHRD is averaging 739,322 shares for the last 20 days..

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CHRD.

Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CHRD's consensus estimate, increasing from $6.81 to $19.11 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that CHRD is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Chord Energy Corporation on your short list.

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

One stock to keep an eye on is Chord Energy Corporation (CHRD - Free Report) . CHRD is currently sporting a Zacks Rank #1 (Strong Buy), as well as an A grade for Value.

Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. CHRD has a P/S ratio of 1.46. This compares to its industry's average P/S of 1.91.

These are only a few of the key metrics included in Chord Energy Corporation's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, CHRD looks like an impressive value stock at the moment.

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Chord Energy Corporation (CHRD - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Chord Energy Corporation is a member of the Oils-Energy sector. This group includes 238 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Chord Energy Corporation is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for CHRD's full-year earnings has moved 328.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that CHRD has returned about 51.1% since the start of the calendar year. Meanwhile, the Oils-Energy sector has returned an average of 28.3% on a year-to-date basis. As we can see, Chord Energy Corporation is performing better than its sector in the calendar year.

Another Oils-Energy stock, which has outperformed the sector so far this year, is Crescent Energy (CRGY - Free Report) . The stock has returned 45.4% year-to-date.

For Crescent Energy, the consensus EPS estimate for the current year has increased 100.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Breaking things down more, Chord Energy Corporation is a member of the Oil and Gas - Exploration and Production - United States industry, which includes 34 individual companies and currently sits at #93 in the Zacks Industry Rank. Stocks in this group have gained about 26.5% so far this year, so CHRD is performing better this group in terms of year-to-date returns.

Crescent Energy, however, belongs to the Alternative Energy - Other industry. Currently, this 50-stock industry is ranked #105. The industry has moved +17.7% so far this year.

Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Chord Energy Corporation and Crescent Energy as they could maintain their solid performance.