William Blair has initiated coverage on Chord Energy Corp (CHRD) with an Outperform rating. This marks the firm's first assessment of the company, reflecting its research and analysis of Chord's business, industry dynamics, and growth prospects.
Based in Houston, Texas, Chord Energy engages in the exploration and production of crude oil, natural gas liquids, and natural gas. The company operates primarily in the North Dakota and Montana areas of the Williston Basin, focusing on the Middle Bakken and Three Forks formations. As of November 20, 2025, Chord Energy boasts a market capitalization of $5.2 billion and an average daily production of approximately 232,737 net barrels of oil equivalent per day (Boepd).
The company's current price stands at $93.27, with a trailing P/E ratio of 30.20 and an impressive dividend yield of 568.9%. Upcoming earnings reports are set for May 4, 2026, and August 4, 2026, with estimated EPS of $1.83 and $1.73, respectively.
Analyst ratings and price targets provide insights based on professional research and financial models. However, these assessments are built on assumptions that may not come to fruition. Therefore, investors should consider a variety of factors, including company fundamentals and industry trends, when making decisions. Analyst opinions can evolve over time as new information emerges, highlighting the importance of a comprehensive approach to investment evaluation.