
CHRD Stock Forecast & Price Target
CHRD Analyst Ratings
Bulls say
Chord Energy Corp has shown a positive outlook due to increased estimates for third-quarter earnings per share (EPS) and cash flow per share (CFPS), raising them to $2.50 and $10.08, respectively. The company's strong free cash flow provides the ability to enhance shareholder returns and pursue strategic acquisitions that bolster its resource base. Additionally, despite production challenges in the broader basin, Chord Energy has maintained competitive capital efficiencies in drilling operations, positioning itself favorably within the market.
Bears say
Chord Energy Corp is facing significant challenges due to weaker-than-expected well productivity and declining efficiencies in its core Bakken development, which could negatively impact its stock performance. Additionally, the company is experiencing pressure from lower commodity prices that exacerbate its financial outlook and could further diminish investor confidence. The overall performance of Chord Energy has lagged behind both the broader exploration and production group and mid-cap E&P peers, reflecting a concerning trend in its year-to-date performance.
This aggregate rating is based on analysts' research of Chord Energy Corp and is not a guaranteed prediction by Public.com or investment advice.
CHRD Analyst Forecast & Price Prediction
Start investing in CHRD
Order type
Buy in
Order amount
Est. shares
0 shares