
CHRD Stock Forecast & Price Target
CHRD Analyst Ratings
Bulls say
Chord Energy is the only Williston Basin pure-play with significant scale, and CHRD's 4-mile laterals yield significant capex savings. With 1x our 2P NAV, a total NAV of $196/share, an $18,800/adj-BOEPD for production each quarter, and recent M&A activity, we rate CHRD a Buy with a price target of $169/share.
Bears say
Chord Energy is an E&P company with a limited presence in the Marcellus Shale and a strong focus on the Williston Basin. While they have seen strong performance in response to increased oil prices, the lack of core basin presence and sensitivity to oil prices make it a high-risk investment. The company's valuation is also concerning, trading at a significant discount to its peers despite strong internal execution and efficiency programs. Overall, the company's high sensitivity to geopolitical and interest rate risks, along with a lack of significant growth potential, dampen the positive aspects of their operations.
This aggregate rating is based on analysts' research of Chord Energy Corp and is not a guaranteed prediction by Public.com or investment advice.
CHRD Analyst Forecast & Price Prediction
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