Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Chord Energy Corp. (Nasdaq: CHRD) ("Chord" or the "Company") plans to announce its second quarter 2026 financial and operating results on Wednesday, August 5, 2026 after market close. The Company will host a live webcast and conference call on Thursday, August 6, 2026 at 10:00 a.m. Central.
Investors, analysts and other interested parties are invited to listen to the webcast:
You may use the following dial-in information to join the conference call by phone with operator assistance:
Dial-in:
1-800-836-8184
Intl. Dial-in:
1-646-357-8785
Conference ID:
34285
Website:
www.chordenergy.com
A recording of the conference call will be available beginning at 1:00 p.m. Central on the day of the call and will be available until Thursday, August 13, 2026 by dialing:
Replay dial-in:
1-888-660-6345
Intl. replay:
1-646 517 4150
Replay access:
34285 #
The call will also be available for replay for approximately 30 days at www.chordenergy.com.
Additionally, Chord Energy plans to participate in the following energy conferences and investor events:
August 11-12, 2026
Citi 2026 Global Power & Energy Conference - Las Vegas, NV
August 19, 2026
Wolfe Research Fall Energy Summit - Virtual
September 06, 2026
Barclays CEO Energy-Power Conference - New York, NY
September 29, 2026
Mizuho Oil & Gas Fall Bus Tour - Houston, TX
September 29-30, 2026
PEP Energy Conference - Austin, TX
About Chord Energy Corp.
Chord Energy Corp. is an independent exploration and production company with quality and sustainable long-lived assets 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.
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.
Bank of New York Mellon Corp cut its stake in shares of Chord Energy Corporation (NASDAQ:CHRD – Free Report) by 0.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 615,816 shares of the company’s stock after selling 4,969 shares during the period. Bank of New York Mellon Corp owned about 1.09% of Chord Energy worth $87,557,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of CHRD. Goehring & Rozencwajg Associates LLC bought a new position in Chord Energy in the first quarter valued at about $40,302,000. Sanctuary Advisors LLC increased its stake in shares of Chord Energy by 47.4% in the first quarter. Sanctuary Advisors LLC now owns 4,223 shares of the company’s stock valued at $600,000 after buying an additional 1,358 shares during the period. State of Michigan Retirement System increased its stake in shares of Chord Energy by 2.2% in the first quarter. State of Michigan Retirement System now owns 13,700 shares of the company’s stock valued at $1,948,000 after buying an additional 300 shares during the period. Teachers Retirement System of The State of Kentucky raised its holdings in Chord Energy by 7.7% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 36,609 shares of the company’s stock valued at $5,205,000 after buying an additional 2,620 shares during the last quarter. Finally, Seneca House Advisors boosted its position in Chord Energy by 10.0% during the 1st quarter. Seneca House Advisors now owns 36,393 shares of the company’s stock worth $5,174,000 after buying an additional 3,308 shares during the period. Institutional investors and hedge funds own 97.76% of the company’s stock.
Insider Transactions at Chord Energy In other news, Director Douglas E. Brooks sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $138.57, for a total transaction of $207,855.00. Following the transaction, the director directly owned 18,705 shares of the company’s stock, valued at $2,591,951.85. This represents a 7.42% decrease in their ownership of the stock. The sale 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 on Friday, May 15th. The stock was sold at an average price of $145.97, for a total value of $186,257.72. Following the completion of the transaction, the chief operating officer owned 21,157 shares in the company, valued at approximately $3,088,287.29. This represents a 5.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,276 shares of company stock valued at $1,285,968 over the last ninety days. 0.79% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes CHRD has been the subject of several recent research reports. Truist Financial decreased their price target on Chord Energy from $185.00 to $170.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Weiss Ratings reissued a “hold (c-)” rating on shares of Chord Energy in a research report on Friday, June 12th. Williams Trading set a $189.00 price target on shares of Chord Energy in a report on Monday, April 20th. Mizuho upped their price objective on shares of Chord Energy from $164.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Finally, Citigroup lowered their target price on shares of Chord Energy from $155.00 to $130.00 and set a “neutral” rating for the company in a research note on Friday, July 10th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.38.
Get Our Latest Report on Chord Energy
Chord Energy Stock Up 4.2% Shares of NASDAQ CHRD opened at $134.19 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.02 and a debt-to-equity ratio of 0.18. The firm has a market cap of $7.55 billion, a PE ratio of -118.75 and a beta of 0.49. The company’s fifty day simple moving average is $129.74 and its 200 day simple moving average is $121.60. Chord Energy Corporation has a 12-month low of $84.25 and a 12-month high of $151.95.
Chord Energy (NASDAQ:CHRD – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $4.56 earnings per share for the quarter, beating the consensus estimate of $3.51 by $1.05. Chord Energy had a negative net margin of 1.25% and a positive return on equity of 7.06%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the firm posted $4.04 earnings per share. The business’s revenue was up 37.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Chord Energy Corporation will post 18.32 earnings per share for the current fiscal year.
Chord Energy Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Wednesday, May 20th were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, May 20th. Chord Energy’s payout ratio is presently -460.18%.
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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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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Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Chord Energy Corporation (CHRD - Free Report) , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, could be a great candidate to consider.
This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 22.76%.
For the last reported quarter, Chord Energy Corporation came out with earnings of $4.56 per share versus the Zacks Consensus Estimate of $3.35 per share, representing a surprise of 36.12%. For the previous quarter, the company was expected to post earnings of $1.17 per share and it actually produced earnings of $1.28 per share, delivering a surprise of 9.40%.
Price and EPS Surprise
Thanks in part to this history, there has been a favorable change in earnings estimates for Chord Energy Corporation lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. 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.
Chord Energy Corporation has an Earnings ESP of +3.52% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
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 remains a Strong Buy, with robust financials, operational efficiencies, and a significant valuation disconnect even under conservative scenarios. CHRD's 2026 FCF guidance nearly doubled to ~$1.4B at $80 oil and lower gas, underscoring their significant undervaluation versus current levels. Leverage is very solid at ~0.4x, with disciplined capital returns while focusing on business health and investments.
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.
Key Takeaways Chord Energy's Q1 earnings increased 12.9% as oil production and realized prices improved year over year.CHRD generated $321M in adjusted free cash flow and returned $145M through dividends and buybacks.Chord Energy raised 2026 oil production guidance while keeping capital spending outlook unchanged. Chord Energy Corporation (CHRD - Free Report) reported first-quarter 2026 adjusted earnings of $4.56 per share, up 12.9% from $4.04 a year ago. The bottom line beat the Zacks Consensus Estimate of $3.35 by 36.1%.
Total quarterly revenues increased 4.3% year over year to $1,150.6 million from the prior-year level of $1,103.3 million. The top line beat the Zacks Consensus Estimate of $1,077.4 million by 6.8%.
Strong quarterly results were driven by increased production volumes and higher oil price realization and natural gas sales prices. However, lower natural gas liquids sales prices slightly offset the positives.
CHRD’s Production Volumes IncreaseCHRD’s total production in the first quarter of 2026 was 275.6 thousand barrels of oil equivalent per day (MBoe/D), above the 270.9 MBoe/D recorded a year ago.
Oil production, accounting for 57.3% of the total production in the quarter, amounted to 158 thousand barrels of oil per day (Mbo/D), higher than 153.7 Mbo/D recorded in the year-ago period. Natural gas liquids production was 49 thousand barrels per day (MBbl/D), marginally higher than 48.1 MBbl/D in the prior-year quarter.
Natural gas production was 411.4 million cubic feet per day (MMcf/D), down from 414.5 MMcf/D recorded a year ago.
The company had 37 gross (30 net) operated wells turned into line during the quarter, supporting stronger near-term production delivery.
CHRD’s Realized Prices (Excluding Derivative Realized)Average sales prices for natural gas were approximately $3.14 per Mcf, higher than $2.30 recorded a year ago.
The company’s oil price realization in the quarter was $70.05 per barrel (Bbl), higher than $69.11 recorded a year ago.
Average sales prices for natural gas liquids were approximately $8.66 per Bbl, lower than $14.18 recorded a year ago.
Chord Energy Holds the Line on Costs as Activity DeliversLease operating expense (LOE) per barrel of oil equivalent was $9.87 per Boe, landing near the midpoint of management’s expected range but higher than the year-ago figure of $9.56.
On the income statement, LOE increased to $244.9 million from $233.1 million a year earlier, while gathering, processing and transportation expense declined to $67.0 million from $73.3 million. Purchased oil and gas expenses were $509.8 million, up sharply from the prior-year figure of $111.4 million. Depreciation, depletion and amortization rose to $384.2 million from the prior year figure of $349.8 million, reflecting a larger asset base and continued development activity.
Total operating expenses increased to $1,332.8 million from $882.6 million in the year-ago period.
CHRD’s Cash Engine Supports Robust Capital ReturnsNet cash provided by operating activities was $507.5 million in the quarter, lower than the prior-year figure of $656.9 million. CHRD reported adjusted free cash flow of $321.2 million, higher than the year-ago figure of $290.5 million. Adjusted EBITDA totaled $713.0 million compared with 695.5 million a year ago.
CHRD returned $145 million through a $1.30 per share of base dividend and 559,064 share repurchases worth $71 million.
CHRD: Capex & FinancialsIn the first quarter, Chord Energy spent $351.3 million on capital expenditures. As of March 31, 2026, CHRD had cash and cash equivalents of $225.8 million and long-term debt of $1.48 billion.
CHRD Lifts 2026 Oil Guidance While Keeping Capex SteadyThe company updated its 2026 outlook to reflect first-quarter performance. Full-year 2026 oil volume guidance was raised by 2 thousand barrels of oil per day (Mbo/D) to a range of 160 Mbo/D to 162 Mbo/D. The company expects second-quarter oil volumes of 162.5-165.5 Mbo/D, while full-year 2026 capital expectations remained unchanged at $1,355-$1,445 million. Chord Energy’s production guidance for full-year 2026 is in the range of 76.4 MBoe/D to 280.3 MBoe/D. For the second quarter, the company expects production to be in the range of 279.7-285 MBoe/D.
CHRD’s Zacks RankCHRD currently sports a Zacks Rank #1 (Strong Buy).
Recent Energy Sector ReleasesSome other top-ranked stocks from the energy sector that have recently reported their earnings are Chevron Corporation (CVX - Free Report) , BP plc (BP - Free Report) and Eni S.p.A. (E - Free Report) . CVX and E each currently sports a Zacks Rank #1, while BP has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Chevron reported first-quarter 2026 adjusted earnings per share of $1.41, which beat the Zacks Consensus Estimate of 92 cents.
As of March 31, 2026, CVX reported $5.3 million in cash and cash equivalents. At the quarter's end, its total debt amounted to $45.4 billion.
BP reported first-quarter 2026 earnings of $1.24 per American Depositary Share, which beat the Zacks Consensus Estimate of 91 cents.
As of March 31, 2026, BP reported $35.7 million in cash and cash equivalents. At the quarter's end, its long-term debt totaled $25.3 billion.
Eni reported first-quarter 2026 adjusted earnings from continuing operations of 81 cents per American Depository Receipt, which missed the Zacks Consensus Estimate of $1.13.
As of March 31, 2026, E had a long-term debt of €21.7 billion and cash and cash equivalents of €8.3 billion.
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 Corporation (CHRD - Free Report) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.
The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For Chord Energy Corporation, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsFor the current quarter, the company is expected to earn $5.29 per share, which is a change of +195.5% from the year-ago reported number.
Over the last 30 days, the Zacks Consensus Estimate for Chord Energy Corporation has increased 27.72% because one estimate has moved higher while two have gone lower.
Current-Year Estimate RevisionsFor the full year, the company is expected to earn $18.26 per share, representing a year-over-year change of +91.6%.
In terms of estimate revisions, the trend for the current year also appears quite encouraging for Chord Energy Corporation. Over the past month, four estimates have moved higher compared to two negative revisions, helping the consensus estimate increase 27.82%.
Favorable Zacks RankThanks to promising estimate revisions, Chord Energy Corporation currently carries a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineChord Energy Corporation shares have added 10% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earnings growth prospects.
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.
Chord Energy is rated a Buy, driven by disciplined capital allocation, aggressive buybacks, and a conservative balance sheet. CHRD prioritizes free cash flow per share over production growth, leveraging long-lateral drilling and operational efficiencies to lower breakevens by $8-$12/barrel. Management has reduced share count by 12% since 2023, signaling conviction that the stock is undervalued at ~3x EV/EBITDA, well below peers.
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]
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Chord Energy Corporation (CHRD - Free Report) Established through the merger of Oasis Petroleum and Whiting Petroleum in July 2022, Chord Energy has rapidly ascended as a leading E&P entity in the Williston Basin. Chord Energy's operations span across the Bakken and Three Forks formations, where the company boasts an impressive base of high-quality, oil-weighted resources. Chord's strategy is to maintain production stability while maximizing capital returns through free cash flow generation, prudent investment and shareholder distributions. Its operations are centered on the acquisition, exploration, development, and production of crude oil, natural gas liquids and natural gas.
CHRD is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Oils-Energy stock. CHRD has a Momentum Style Score of B, and shares are up 14.1% over the past four weeks.
Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $12.30 to $19.11 per share. CHRD also boasts an average earnings surprise of +11.4%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CHRD should be on investors' short list.
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.
Chord Energy is rated a buy, trading at 7.5x forward earnings with a 17.5% FCF yield and only 0.4x leverage. CHRD's XTO acquisition added superior acreage, positioned it as the Bakken's consolidator, and management signals more disciplined M&A ahead. Operational advances—four-mile laterals, AI-optimized lift, and improved decline rates—set up a 2027 production inflection without extra capital.
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.
It has been about a month since the last earnings report for Chord Energy Corporation (CHRD - Free Report) . Shares have lost about 0.2% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Chord Energy Corporation due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.
Chord Energy Q1 Earnings Top Estimates on Increased Output & Higher PricesChord Energy reported first-quarter 2026 adjusted earnings of $4.56 per share, up 12.9% from $4.04 a year ago. The bottom line beat the Zacks Consensus Estimate of $3.35 by 36.1%.
Total quarterly revenues increased 4.3% year over year to $1,150.6 million from the prior-year level of $1,103.3 million. The top line beat the Zacks Consensus Estimate of $1,077.4 million by 6.8%.
Strong quarterly results were driven by increased production volumes and higher oil price realization and natural gas sales prices. However, lower natural gas liquids sales prices slightly offset the positives.
CHRD’s Production Volumes IncreaseCHRD’s total production in the first quarter of 2026 was 275.6 thousand barrels of oil equivalent per day (MBoe/D), above the 270.9 MBoe/D recorded a year ago.
Oil production, accounting for 57.3% of the total production in the quarter, amounted to 158 thousand barrels of oil per day (Mbo/D), higher than 153.7 Mbo/D recorded in the year-ago period. Natural gas liquids production was 49 thousand barrels per day (MBbl/D), marginally higher than 48.1 MBbl/D in the prior-year quarter.
Natural gas production was 411.4 million cubic feet per day (MMcf/D), down from 414.5 MMcf/D recorded a year ago.
The company had 37 gross (30 net) operated wells turned into line during the quarter, supporting stronger near-term production delivery.
CHRD’s Realized Prices (Excluding Derivative Realized)Average sales prices for natural gas were approximately $3.14 per Mcf, higher than $2.30 recorded a year ago.
The company’s oil price realization in the quarter was $70.05 per barrel (Bbl), higher than $69.11 recorded a year ago.
Average sales prices for natural gas liquids were approximately $8.66 per Bbl, lower than $14.18 recorded a year ago.
Chord Energy Holds the Line on Costs as Activity DeliversLease operating expense (LOE) per barrel of oil equivalent was $9.87 per Boe, landing near the midpoint of management’s expected range but higher than the year-ago figure of $9.56.
On the income statement, LOE increased to $244.9 million from $233.1 million a year earlier, while gathering, processing and transportation expense declined to $67.0 million from $73.3 million. Purchased oil and gas expenses were $509.8 million, up sharply from the prior-year figure of $111.4 million. Depreciation, depletion and amortization rose to $384.2 million from the prior year figure of $349.8 million, reflecting a larger asset base and continued development activity.
Total operating expenses increased to $1,332.8 million from $882.6 million in the year-ago period.
CHRD’s Cash Engine Supports Robust Capital ReturnsNet cash provided by operating activities was $507.5 million in the quarter, lower than the prior-year figure of $656.9 million. CHRD reported adjusted free cash flow of $321.2 million, higher than the year-ago figure of $290.5 million. Adjusted EBITDA totaled $713.0 million compared with 695.5 million a year ago.
CHRD returned $145 million through a $1.30 per share of base dividend and 559,064 share repurchases worth $71 million.
CHRD: Capex & FinancialsIn the first quarter, Chord Energy spent $351.3 million on capital expenditures. As of March 31, 2026, CHRD had cash and cash equivalents of $225.8 million and long-term debt of $1.48 billion.
CHRD Lifts 2026 Oil Guidance While Keeping Capex SteadyThe company updated its 2026 outlook to reflect first-quarter performance. Full-year 2026 oil volume guidance was raised by 2 thousand barrels of oil per day (Mbo/D) to a range of 160 Mbo/D to 162 Mbo/D. The company expects second-quarter oil volumes of 162.5-165.5 Mbo/D, while full-year 2026 capital expectations remained unchanged at $1,355-$1,445 million. Chord Energy’s production guidance for full-year 2026 is in the range of 76.4 MBoe/D to 280.3 MBoe/D. For the second quarter, the company expects production to be in the range of 279.7-285 MBoe/D.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates revision.
The consensus estimate has shifted 14.37% due to these changes.
VGM ScoresAt this time, Chord Energy Corporation has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Chord Energy Corporation has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.
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.
On June 09, 2026, Chord Energy Corp CHRD shares fell 3.0% to a current price of $134.12. Over the past year, the stock has shown significant volatility, with a 52-week high of $151.95 and a low of $84.25. The stock's price performance reflects a year-to-date gain of 47.4% and a 1-year increase of 44.0%, although it has suffered a slight decrease of 2.8% over the past week and 0.9% over the past month.
GF Value™ verdict: The current price is $134.12, compared to a GF Value™ of $129.66, indicating the stock is 3.4% overvalued.GF Score™: 61/100, which is considered Above Average.Notable signal: Insiders sold $3.8M worth of shares in the last 3 months, with no buying activity reported. Is CHRD Overvalued or Undervalued? According to the GF Value™, Chord Energy Corp is currently overvalued by approximately 3.4%, as the stock price of $134.12 exceeds the estimated fair value of $129.66. This suggests that there may be limited margin of safety for potential investors, as the current market price does not provide a substantial discount to the intrinsic value calculated by GuruFocus. The GF Valuation label indicates that the stock is fairly valued, further corroborating the idea that current pricing may factor in future growth expectations that may not be fully realized.
The fact that the stock is classified as overvalued poses a risk for investors, as it may indicate that the price could be susceptible to downward adjustments if future performance does not meet market expectations. Conversely, if the company manages to exceed these expectations, there could be room for positive price adjustments. Nevertheless, investors should consider the current valuation in conjunction with broader market conditions and company performance metrics.
How Does CHRD's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)6.9x6.4x The current forward P/E ratio of 6.9x is slightly above the 5-year median P/E of 6.4x, indicating that the stock is trading at a premium compared to its historical valuation metrics. This analysis aligns with the GF Value™ verdict, suggesting that Chord Energy Corp is indeed overvalued based on its historical performance.
What Does CHRD's GF Score™ Tell Us? MetricRating GF Score™61 Financial Strength6/10 Profitability6/10 Growth3/10 Valuation7/10 Momentum1/10 The GF Score™ of 61/100 indicates an overall Above Average ranking, reflecting a mixed bag of strengths and weaknesses. Financial Strength and Profitability both score 6/10, suggesting a stable balance sheet and solid profitability metrics. However, the Growth rank of 3/10 points to potential concerns regarding the company’s ability to expand, and the low Momentum rank of 1/10 may suggest a lack of recent positive price trends. The Valuation rank of 7/10 signifies that while the stock may currently be overvalued, it has historically been considered a reasonable investment based on intrinsic valuation metrics.
What Are Insiders Doing with CHRD Stock? Insider activity at Chord Energy Corp has shown a notable trend, with insiders selling $3.8 million worth of shares over the last three months, but no buying activity has been reported. This pattern may suggest a lack of confidence among insiders regarding the stock’s current valuation or future performance potential. Typically, when insiders sell a significant amount of stock without any buying, it can raise caution for external investors.
What This Means for Investors Based on the GF Value™ assessment, Chord Energy Corp is currently deemed to be overvalued. The stock's price exceeds the intrinsic value estimate, indicating potential risks for investors looking to enter at this price point. As always, investors should conduct their own thorough research and consider various market factors before making 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 an Above Average ranking that suggests a mixed assessment of the company's overall quality and potential for long-term returns.
Is CHRD overvalued or undervalued?
CHRD is currently overvalued, with a GF Value™ estimate of $129.66 compared to the current price of $134.12, suggesting limited upside potential.
What is CHRD's P/E ratio?
CHRD's forward P/E ratio is 6.9x, which is above its 5-year median P/E of 6.4x, indicating that the stock is trading at a premium compared to its historical valuation metrics.
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].
