Shannon Browning Kinney Sells 4,019 Shares of Chord Energy (NASDAQ:CHRD) Stock

Chord Energy Corporation (NASDAQ:CHRD) EVP Shannon Browning Kinney sold 4,019 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $140.00, for a total value of $562,660.00. Following the sale, the executive vice president owned 13,560 shares of the company’s stock, valued at approximately $1,898,400. This represents a 22.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Chord Energy Price Performance

Shares of NASDAQ:CHRD opened at $134.46 on Friday. The firm’s 50 day moving average price is $127.89 and its 200-day moving average price is $126.78. Chord Energy Corporation has a twelve month low of $84.25 and a twelve month high of $151.95. The company has a quick ratio of 1.15, a current ratio of 1.22 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $7.35 billion, a PE ratio of 9.01 and a beta of 0.48.

Chord Energy (NASDAQ:CHRD) last announced its earnings results 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). Chord Energy had a net margin of 13.42% and a return on equity of 10.18%. The business had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the firm posted $1.79 earnings per share. The business’s quarterly revenue was up 128.6% compared to the same quarter last year. Equities research analysts expect that Chord Energy Corporation will post 18.03 EPS for the current year.

Chord Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.9%. Chord Energy’s payout ratio is presently 34.85%.

Institutional Investors Weigh In On Chord Energy

Institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC lifted its position in shares of Chord Energy by 15.6% in the fourth quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company’s stock valued at $190,346,000 after acquiring an additional 277,588 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Chord Energy by 6.1% during the fourth quarter. Wellington Management Group LLP now owns 1,809,526 shares of the company’s stock worth $167,743,000 after purchasing an additional 104,373 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Chord Energy by 27.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,547,732 shares of the company’s stock worth $220,078,000 after purchasing an additional 329,565 shares in the last quarter. Adage Capital Partners GP L.L.C. raised its stake in Chord Energy by 18.4% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,243,850 shares of the company’s stock valued at $115,305,000 after purchasing an additional 193,469 shares during the period. Finally, Sourcerock Group LLC lifted its holdings in Chord Energy by 2.1% in the 2nd quarter. Sourcerock Group LLC now owns 1,031,973 shares of the company’s stock worth $99,947,000 after purchasing an additional 20,916 shares in the last quarter. Hedge funds and other institutional investors 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 second-quarter results and cash returns support the bull case. Chord reported $2.17 billion in revenue, up 128.6% year over year and well above the $1.62 billion consensus estimate. The company also outlined a plan to return approximately 75% of free cash flow to shareholders, reinforcing its income and capital-return appeal. Chord Energy Is Up After Strong Q2 and 75% FCF Payout Plan
• Positive Sentiment: Oil prices, earnings growth and cash flow have driven recent momentum. Chord’s earnings improved from the prior-year period, while its valuation remains relatively modest at roughly 9 times earnings. Analysts tracked by MarketBeat maintain a “Moderate Buy” consensus with an average price target of $152.54, above the recent trading level. Chord Energy Rally and Outlook
• Positive Sentiment: The quarterly dividend remains attractive. Chord declared a $1.30-per-share quarterly dividend, equivalent to $5.20 annually and a yield of approximately 3.8%. The ex-dividend date is August 20, with payment scheduled for September 4.
• Neutral Sentiment: Management’s second-quarter earnings call provided additional context on production, costs and capital allocation, but investors remain focused on whether the company can sustain cash flow if oil prices weaken. Chord Energy Q2 2026 Earnings Call Transcript
• Negative Sentiment: Zacks Research downgraded CHRD to “Strong Sell.” The rating change adds pressure after the stock’s recent rally and reflects concerns about valuation, costs and the sustainability of energy-sector gains. New Strong Sell Stocks for August 12
• Negative Sentiment: Insider selling may weigh on sentiment. Director Samantha McKinney sold 2,200 shares for about $300,000, while Executive Vice President Shannon Browning Kinney sold 4,019 shares for approximately $563,000. Although these sales do not necessarily signal deteriorating fundamentals, they reduce insider ownership and can reinforce short-term caution.
• Negative Sentiment: Chord’s $6.44 quarterly EPS missed the $6.55 consensus estimate, despite substantial revenue growth. The earnings shortfall and sensitivity to oil prices remain key reasons investors may be taking profits.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on CHRD shares. UBS Group raised their target price on Chord Energy from $153.00 to $171.00 and gave the stock a “buy” rating in a report on Wednesday. Williams Trading set a $189.00 price target on Chord Energy in a research report on Monday, April 20th. Morgan Stanley cut their price objective on Chord Energy from $175.00 to $169.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Mizuho raised shares of Chord Energy to a “strong-buy” rating in a report on Friday, July 31st. Finally, Citigroup decreased their target price on shares of Chord Energy from $155.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $152.54.

About Chord Energy

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.