Chord Energy Corporation (CHRD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Chord Energy remains a Strong Buy, with robust financials, operational efficiencies, and a significant valuation disconnect even under conservative scenarios. CHRD's 2026 FCF guidance nearly doubled to ~$1.4B at $80 oil and lower gas, underscoring their significant undervaluation versus current levels. Leverage is very solid at ~0.4x, with disciplined capital returns while focusing on business health and investments.
Here is how Chord Energy Corporation (CHRD) and Crescent Energy (CRGY) have performed compared to their sector so far this year.
Chord Energy Corporation (CHRD) reported earnings 30 days ago. What's next for the stock?
Energy M&A roared back to life in 2024 and 2025 as supermajors consolidated Permian and Bakken acreage.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Chord Energy is rated a buy, trading at 7.5x forward earnings with a 17.5% FCF yield and only 0.4x leverage. CHRD's XTO acquisition added superior acreage, positioned it as the Bakken's consolidator, and management signals more disciplined M&A ahead. Operational advances—four-mile laterals, AI-optimized lift, and improved decline rates—set up a 2027 production inflection without extra capital.
Does Chord Energy Corporation (CHRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Chord Energy is rated a Buy, driven by disciplined capital allocation, aggressive buybacks, and a conservative balance sheet. CHRD prioritizes free cash flow per share over production growth, leveraging long-lateral drilling and operational efficiencies to lower breakevens by $8-$12/barrel. Management has reduced share count by 12% since 2023, signaling conviction that the stock is undervalued at ~3x EV/EBITDA, well below peers.
Chord Energy remains undervalued despite a 40% share price increase, offering substantial value at normalized $70 WTI crude pricing. CHRD consistently generates over 20% free cash flow yields at current prices, driven by improved supply-demand dynamics in crude oil. The 4-mile well development program has unlocked 4% year-over-year production growth within a CAPEX budget set at $60 WTI.
Chord Energy Corporation (CHRD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.