UBS Cuts PT on Chord Energy (CHRD)

Chord Energy Corporation (NASDAQ:CHRD) is one of the top wonderful stocks to buy now. UBS cut the price target on Chord Energy Corporation (NASDAQ:CHRD) to $153 from $179 on July 10 and reaffirmed a Buy rating on the shares. For additional reference, in its operational and financial results for fiscal Q1 2026, Chord Energy Corporation (NASDAQ:CHRD) reported strong volumes, with oil volumes of 158.0 MBopd exceeding the high-end of guidance and 2.6% above the midpoint of guidance. The company further reported CapEx of $342MM, which excluded $3.0MM of reimbursable non-op CapEx and was in line with the midpoint of guidance. LOE for the quarter came up to $9.87/Boe and was in line with the midpoint of guidance.

Is Chord Energy (CHRD) One of the Top 10 High Dividend Stocks to Invest In According to Analysts?

Chord Energy Corporation (NASDAQ:CHRD) also reported net income of $108.6MM and adjusted net income of $258.9MM ($4.56/diluted share) for the quarter, with net cash provided by operating activities reaching $507.5MM. Adjusted EBITDA came up to $713.0MM, with adjusted free cash flow of $324.0MM, excluding $3.0MM of reimbursable non-op CapEx.

Chord Energy Corporation (NASDAQ:CHRD) is an independent exploration and production company involved in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids.

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