Chord Energy (CHRD) Price Target Lowered to $151

Chord Energy Corporation (NASDAQ:CHRD) is included among the 12 Best Crude Oil Stocks to Buy as Tensions Rise.

Chord Energy (CHRD) Price Target Lowered to $151

With its premier acreage position in the Williston Basin, Chord Energy Corporation (NASDAQ:CHRD) engages in the exploration and production of crude oil, natural gas liquids, and natural gas.

On February 11, Piper Sandler reduced its price target on Chord Energy Corporation (NASDAQ:CHRD) from $160 to $151, but maintained its ‘Overweight’ rating. The revised target, which still indicates an upside of over 52% from the current levels, was driven by a revision to type curves, partially offset by increased three-mile allocation.

During its last earnings call in November 2025, Chord Energy Corporation (NASDAQ:CHRD) announced it expects oil production of 157,000 to 161,000 bpd in 2026, with total CapEx of roughly $1.4 billion. This preliminary outlook indicated approximately 4% higher oil volumes at around $100 million less in capital than in 2024. The company is set to announce its fourth quarter and year-end 2025 financial and operating results on February 26.

With a robust annual dividend yield of 5.26%, Chord Energy Corporation (NASDAQ:CHRD) is included among the 11 Best Energy Stocks to Buy for Dividends in 2026.

While we acknowledge the potential of CHRD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHRD and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.