Chord Energy

UBS cuts Chord Energy stock price target on Marcellus sale impact

Chord Energy (CHRD) Signs $550 Million Marcellus Sale. Is Greater Focus Worth it?

Chord Energy Corporation (NASDAQ:CHRD) announced on September 16 that a subsidiary had agreed to sell its non-operated Marcellus assets for $550 million in gross consideration. The company has received a $55 million deposit, with closing expected in the fourth quarter, subject to customary conditions. The assets produced approximately 121 million cubic feet of natural gas […]

Chord Energy (CHRD) Sells Marcellus Assets With Valuation Still In Focus

Chord Energy (CHRD) has agreed to sell its US$550 million non-operated Marcellus position to POSCO International. The company is refocusing on its Williston Basin portfolio while adjusting leverage, capital spending plans, and overall oil exposure. Recent trading tells a mixed story. Chord Energy’s share price has eased in the past week, with a 7 day share price return of 4.95% and a 30 day share price return of 2.27%. However, the 90 day share price return of 16.10% and year to date share...

Chord Energy's $550M Marcellus Exit Sharpens Its Williston Focus

CHRD's $550M Marcellus sale sharpens its focus on core Williston Basin assets, lowers leverage and capital spending, and increases oil weighting.

Truist raises Chord Energy stock price target on Marcellus sale

Analysts’ Opinions Are Mixed on These Energy Stocks: TC Energy (TRP), Chord Energy (CHRD) and EQT (EQT)

Detailed price information for Chord Energy Corp (CHRD-Q) from The Globe and Mail including charting and trades.