Chord Energy Corporation operates as an independent exploration and production company in the United States. The company acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Williston Basin. It sells its products to refiners, marketers, and other purchasers that have access to 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.
Analyst Optimism | Learn about analyst price targets ranging from $158 to $205, reflecting confidence in Chord Energy's operational improvements and long-term value creation potential. |
Synergistic Growth | Delve into Chord Energy's acquisition of Enerplus, projected to yield over $200 million in synergies and contribute to improved capital efficiency and enhanced returns. |
Financial Resilience | Discover how Chord Energy maintains a strong balance sheet with a 0.3x leverage ratio, supporting a breakeven point below $50/barrel WTI and robust shareholder returns. |
Bakken Dominance | Explore Chord Energy's strategic position as the largest producer in the Bakken basin, leveraging economies of scale and operational expertise for enhanced returns. |
Metrics to compare | CHRD | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCHRDPeersSector | |
---|---|---|---|---|
P/E Ratio | 7.6x | 9.5x | 4.7x | |
PEG Ratio | −0.24 | −0.28 | 0.00 | |
Price / Book | 0.7x | 1.0x | 1.1x | |
Price / LTM Sales | 1.3x | 1.2x | 1.1x | |
Upside (Analyst Target) | 46.2% | 43.0% | 36.2% | |
Fair Value Upside | Unlock | 28.2% | 9.5% | Unlock |