What 11 Analyst Ratings Have To Say About Chord Energy

Chord Energy CHRD underwent analysis by 11 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $173.91, along with a high estimate of $212.00 and a low estimate of $138.00. Experiencing a 6.85% decline, the current average is now lower than the previous average price target of $186.70.

Decoding Analyst Ratings: A Detailed Look

The perception of Chord Energy by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Chord Energy. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Chord Energy compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Chord Energy's stock. This analysis reveals shifts in analysts' expectations over time.

For valuable insights into Chord Energy's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Chord Energy analyst ratings.

About Chord Energy

Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.

Chord Energy: Financial Performance Dissected

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Chord Energy's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 29.12%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Chord Energy's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 15.48%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Chord Energy's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.55%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Chord Energy's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.72%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Chord Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.12, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.