Chord Energy (CHRD) Expected to Announce Quarterly Earnings on Tuesday

Chord Energy (NASDAQ:CHRD) is expected to be announcing its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $3.32 per share and revenue of $1.07 billion for the quarter.

Chord Energy Stock Performance

Shares of CHRD stock opened at $94.34 on Tuesday. The company’s fifty day moving average price is $102.04 and its 200-day moving average price is $114.83. The stock has a market cap of $5.61 billion, a PE ratio of 4.86, a price-to-earnings-growth ratio of 5.83 and a beta of 0.96. The company has a current ratio of 0.93, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10. Chord Energy has a 12 month low of $79.83 and a 12 month high of $188.02.

Chord Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Tuesday, March 11th were issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend was Tuesday, March 11th. This is a boost from Chord Energy’s previous quarterly dividend of $1.25. Chord Energy’s dividend payout ratio is 32.62%.

Wall Street Analysts Forecast Growth

CHRD has been the topic of a number of analyst reports. Truist Financial boosted their price target on Chord Energy from $185.00 to $186.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Wells Fargo & Company cut their price objective on shares of Chord Energy from $166.00 to $158.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 15th. Williams Trading set a $155.00 target price on shares of Chord Energy in a research note on Wednesday, March 5th. Piper Sandler decreased their price objective on shares of Chord Energy from $184.00 to $183.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Finally, Wolfe Research raised Chord Energy from a “peer perform” rating to an “outperform” rating and set a $155.00 target price for the company in a report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $156.08.

Chord Energy Company Profile

Chord Energy Corporation operates as an independent exploration and production company in the United States. It acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. The company sells its products to refiners, marketers, and other purchasers that have access to nearby pipeline and rail facilities.