
CHRD Stock Forecast & Price Target
CHRD Analyst Ratings
Bulls say
Chord Energy is a well-positioned independent E&P company with a strong asset base in the Williston Basin and limited non-operated interests in the Marcellus Shale. The recent acquisition of Devon Energy's Marcellus assets will further strengthen Chord's production and cash flow. With a proven track record of strong M&A and a focus on drilling efficiency, Chord Energy's stock is expected to generate significant free cash flow and provide solid returns for shareholders.
Bears say
Chord Energy is a company that operates in the E&P sector of the energy industry, with a primary focus on the Williston Basin. Despite recent setbacks in production and operating costs due to extreme weather conditions, the company is positioned well for higher oil prices and is expected to have a strong quarter of free cash flow. This, along with a compelling valuation, leads us to maintain a Buy rating and raise our price target to $140.
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