14 Best Mid-Cap Dividend Stocks to Buy Now

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1. Chord Energy Corporation (NASDAQ:CHRD)

Number of Hedge Fund Holders: 49

Market Cap: $5.28 Billion

On January 14, Citi downgraded Chord Energy Corporation (NASDAQ:CHRD) to Neutral from Buy and lowered its price target to $97 from $105. The firm said the market’s attention has started to shift away from Chord’s execution-driven story, particularly its progress on longer laterals, and more toward broader macro worries across the entire oil and gas space. Citi added that it still sees the best risk/reward in small- to mid-cap oil E&Ps, especially those that can offer double-digit yields even at around $60 WTI, with additional catalysts still ahead.

Separately, earlier in 2025, Chord announced a $550 million deal to buy Williston Basin assets from Exxon Mobil’s XTO Energy unit. The Williston Basin spans parts of North Dakota, Montana, and Canada and remains one of the most important shale oil and gas regions in the U.S., anchored by the Bakken formation.

Chord said the purchase includes 48,000 net acres in the core of the Williston. The company expects near-term output from the assets to run around 9 million barrels of oil equivalent per day, with production heavily weighted toward oil. It also highlighted that the assets have a low decline profile and meaningful upside potential, including opportunities to improve margins on existing wells. Management expects the deal to be accretive to cash flow, free cash flow, and net asset value, and said it plans to fund the purchase using a mix of cash on hand and borrowings.

Chord Energy Corporation (NASDAQ:CHRD) is an independent exploration and production company focused primarily on crude oil, NGLs, and natural gas production in the Williston Basin.

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READ NEXT: 13 Best Dividend Kings to Buy in 2026 and 15 Best High Yield Stocks To Buy.

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