UBS Cuts PT on Chord Energy (CHRD)
UBS Cuts PT on Chord Energy (CHRD).
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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.
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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Sinergia Empresarial continuará el seguimiento de esta información sobre uBS Cuts PT on Chord Energy (CHRD) y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
