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

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

Chord Energy Stock Down 0.9%

Shares of CHRD opened at $131.35 on Friday. The firm has a market cap of $7.40 billion, a PE ratio of 8.80 and a beta of 0.48. The company’s fifty day moving average is $128.03 and its two-hundred day moving average is $125.33. Chord Energy Corporation has a fifty-two week low of $84.25 and a fifty-two week high of $151.95. The company has a quick ratio of 0.96, a current ratio of 1.22 and a debt-to-equity ratio of 0.18.

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

Chord Energy Announces Dividend

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

Institutional Investors Weigh In On Chord Energy

Large investors have recently modified their holdings of the stock. Bessemer Group Inc. lifted its position in Chord Energy by 63.8% during the 1st quarter. Bessemer Group Inc. now owns 190 shares of the company’s stock worth $27,000 after acquiring an additional 74 shares in the last quarter. Versant Capital Management Inc grew its position in Chord Energy by 330.9% in the second quarter. Versant Capital Management Inc now owns 237 shares of the company’s stock valued at $27,000 after acquiring an additional 182 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Chord Energy during the first quarter valued at approximately $29,000. WealthCollab LLC raised its stake in shares of Chord Energy by 90.6% during the second quarter. WealthCollab LLC now owns 305 shares of the company’s stock valued at $30,000 after purchasing an additional 145 shares during the period. Finally, Root Financial Partners LLC raised its stake in shares of Chord Energy by 178.6% during the first quarter. Root Financial Partners LLC now owns 234 shares of the company’s stock valued at $33,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 97.76% of the company’s stock.

Key Chord Energy News

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

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CHRD shares. Citigroup reduced their price objective on Chord Energy from $155.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Mizuho raised shares of Chord Energy to a “strong-buy” rating in a research report on Friday, July 31st. UBS Group cut their price target on shares of Chord Energy from $179.00 to $153.00 and set a “buy” rating on the stock in a report on Friday, July 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Chord Energy in a research report on Monday, June 29th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Chord Energy currently has an average rating of “Moderate Buy” and an average target price of $152.38.

Chord Energy Company Profile

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.