Stock events for Chord Energy Corp. (CHRD)
Chord Energy's stock performance has been influenced by strong financial results, including increased quarterly revenue and earnings per share. The company reaffirmed its 2026 production guidance and announced an upsizing and pricing of senior notes, as well as a strategic acquisition of Williston Basin assets. Despite solid operational execution, the stock was down approximately 20% over the past year, underperforming the S&P 500, and short interest in Chord Energy increased, reflecting decreasing investor sentiment.
Demand Seasonality affecting Chord Energy Corp.’s stock price
Direct information detailing the demand seasonality for Chord Energy Corp.'s specific products and services was not found in the provided search results. The company's operations are geared towards supplying the ever-growing global demand for energy. The provided information does not specify a distinct seasonal pattern in the demand for Chord Energy's particular output.
Overview of Chord Energy Corp.’s business
Chord Energy Corporation, formerly Oasis Petroleum Inc., is an independent exploration and production company based in Houston, Texas, focused on the acquisition, development, and production of crude oil, natural gas, and natural gas liquids, operating within the Energy sector.
CHRD’s Geographic footprint
Chord Energy's core operations are concentrated in the Williston Basin (North Dakota and Montana) and the Delaware Basin (West Texas and southeastern New Mexico). The company has approximately 1.3 million net acres, with 98% in the Williston Basin.
CHRD Corporate Image Assessment
Chord Energy emphasizes its commitment to excellence, continuous improvement, and creating positive impacts in its communities. The company released its 2024 Sustainability Report, highlighting its commitment to sustainable operations. No specific events negatively impacting Chord Energy's brand reputation in the past year were found in the provided search results.
Ownership
Chord Energy Corporation has significant institutional ownership, with 797 institutional owners and shareholders holding a total of 63,794,694 shares. Major institutional shareholders include Fmr Llc, BlackRock, Inc., and Vanguard Group Inc. Institutional ownership accounts for 78.78% of the company, while individuals hold 1.01%.
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$104.31