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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. The company was formerly known as Oasis Petroleum Inc. and changed its name to Chord Energy Corporation in July 2022. Chord Energy Corporation was founded in 2007 and is headquartered in Houston, Texas.
Bakken Dominance | Explore Chord Energy's strategic acquisition of Enerplus, solidifying its position as the largest producer in the Bakken region with over one million acres |
Financial Strength | Delve into Chord's robust financial performance, characterized by strong free cash flow yield, low leverage, and a commitment to returning 75% of FCF to shareholders |
Operational Efficiency | Learn about Chord's focus on long lateral drilling and its potential to enhance returns, increase performance, and drive down costs in the expanded Bakken footprint |
Valuation & Outlook | Analysts set price targets ranging from $185 to $230, with an average of $200, reflecting confidence in Chord's growth potential and attractive valuation multiples |
Metrics to compare | CHRD | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCHRDPeersSector | |
---|---|---|---|---|
P/E Ratio | 7.8x | 13.2x | 4.6x | |
PEG Ratio | −0.31 | −0.05 | 0.00 | |
Price/Book | 0.8x | 1.3x | 1.1x | |
Price / LTM Sales | 1.6x | 1.3x | 1.1x | |
Upside (Analyst Target) | 52.9% | 30.3% | 31.4% | |
Fair Value Upside | Unlock | 5.1% | 9.2% | Unlock |