CHRD

B of A Securities Upgrades Chord Energy (CHRD)

Fintel reports that on April 29, 2025, B of A Securities upgraded their outlook for Chord Energy (NasdaqGS:CHRD) from Neutral to Buy.

Analyst Price Forecast Suggests 54.96% Upside

As of April 24, 2025, the average one-year price target for Chord Energy is $144.78/share. The forecasts range from a low of $101.00 to a high of $195.30. The average price target represents an increase of 54.96% from its latest reported closing price of $93.43 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Chord Energy is 4,314MM, a decrease of 12.28%. The projected annual non-GAAP EPS is 31.73.

What is the Fund Sentiment?

There are 985 funds or institutions reporting positions in Chord Energy. This is an decrease of 95 owner(s) or 8.80% in the last quarter. Average portfolio weight of all funds dedicated to CHRD is 0.30%, an increase of 5.28%. Total shares owned by institutions decreased in the last three months by 0.49% to 70,498K shares. CHRD / Chord Energy Corporation Put/Call Ratios The put/call ratio of CHRD is 1.28, indicating a bearish outlook.

What are Other Shareholders Doing?

CHRD / Chord Energy Corporation Shares Held by Institutions

Victory Capital Management holds 2,864K shares representing 4.82% ownership of the company. In its prior filing, the firm reported owning 2,245K shares , representing an increase of 21.61%. The firm decreased its portfolio allocation in CHRD by 23.94% over the last quarter.

Boston Partners holds 2,186K shares representing 3.68% ownership of the company. In its prior filing, the firm reported owning 2,071K shares , representing an increase of 5.27%. The firm decreased its portfolio allocation in CHRD by 61.69% over the last quarter.

VETAX - Victory Sycamore Established Value Fund holds 2,025K shares representing 3.40% ownership of the company. In its prior filing, the firm reported owning 1,547K shares , representing an increase of 23.60%. The firm increased its portfolio allocation in CHRD by 24.81% over the last quarter.

IJH - iShares Core S&P Mid-Cap ETF holds 1,984K shares representing 3.34% ownership of the company. In its prior filing, the firm reported owning 1,934K shares , representing an increase of 2.51%. The firm decreased its portfolio allocation in CHRD by 11.56% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,904K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 1,957K shares , representing a decrease of 2.78%. The firm decreased its portfolio allocation in CHRD by 13.92% over the last quarter.

Chord Energy Background Information
(This description is provided by the company.)

Oasis Petroleum, Inc. is an independent exploration and production company with quality and sustainable long-lived assets in the Williston and Delaware Basins. 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.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.