5 NASDAQ Stocks with Lowest PE Ratios

3. Chord Energy Corporation (NASDAQ:CHRD)

Number of Hedge Fund Investors In Q2 2023: 37

Latest P/E Ratio: 3.7

Chord Energy Corporation (NASDAQ:CHRD) is an American oil exploration firm that looks for oil through fracturing. The firm expanded its exploration assets in May 2023 after adding 62,000 acres for $375 million.

After digging through 910 hedge funds for their June quarter of 2023 investments, Insider Monkey discovered that 37 had owned a stake in Chord Energy Corporation (NASDAQ:CHRD). Out of these, the largest stakeholder is Ken Griffin’s Citadel Investment Group with a $106 million investment.

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