Insider Selling: Chord Energy (NASDAQ:CHRD) COO Sells 1,276 Shares of Stock

May 19, 2026 by InsiderTrades.com

Key Points

Chord Energy COO Darrin Henke sold 1,276 shares on May 15 at an average price of $145.97, totaling about $186,258. After the sale, he still held 21,157 shares worth roughly $3.09 million.
The company recently beat earnings expectations, reporting Q1 EPS of $4.56 versus the $3.51 consensus and revenue of $1.67 billion versus $1.21 billion expected. Revenue rose 37.1% year over year.
Chord Energy also announced a quarterly dividend of $1.30 per share, payable June 5, which annualizes to $5.20 per share and a yield of 3.5%.

Chord Energy Corporation (NASDAQ:CHRD - Get Free Report) COO Darrin Henke sold 1,276 shares of the business's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $145.97, for a total transaction of $186,257.72. Following the completion of the transaction, the chief operating officer owned 21,157 shares of the company's stock, valued at $3,088,287.29. The trade was a 5.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Chord Energy Price Performance

CHRD stock opened at $149.56 on Tuesday. The company has a 50 day simple moving average of $135.81 and a 200 day simple moving average of $109.90. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of -132.35 and a beta of 0.52. Chord Energy Corporation has a 1 year low of $84.25 and a 1 year high of $151.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.02 and a quick ratio of 0.96.

Chord Energy (NASDAQ:CHRD - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $4.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.51 by $1.05. The business had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.21 billion. Chord Energy had a negative net margin of 1.25% and a positive return on equity of 7.06%. The firm's quarterly revenue was up 37.1% compared to the same quarter last year. During the same period in the prior year, the company earned $4.04 EPS. Research analysts anticipate that Chord Energy Corporation will post 18.61 EPS for the current fiscal year.

Chord Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Wednesday, May 20th will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, May 20th. Chord Energy's dividend payout ratio is currently -460.18%.

Hedge Funds Weigh In On Chord Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Victory Capital Management Inc. increased its position in Chord Energy by 5.4% in the 3rd quarter. Victory Capital Management Inc. now owns 3,166,564 shares of the company's stock valued at $314,661,000 after acquiring an additional 163,125 shares during the period. Geode Capital Management LLC increased its position in Chord Energy by 15.6% in the 4th quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company's stock valued at $190,346,000 after acquiring an additional 277,588 shares during the period. Wellington Management Group LLP increased its position in Chord Energy by 6.1% in the 4th quarter. Wellington Management Group LLP now owns 1,809,526 shares of the company's stock valued at $167,743,000 after acquiring an additional 104,373 shares during the period. Dimensional Fund Advisors LP increased its position in Chord Energy by 27.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,547,732 shares of the company's stock valued at $220,078,000 after acquiring an additional 329,565 shares during the period. Finally, Adage Capital Partners GP L.L.C. increased its position in Chord Energy by 18.4% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,243,850 shares of the company's stock valued at $115,305,000 after acquiring an additional 193,469 shares during the period. 97.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CHRD. Zacks Research upgraded shares of Chord Energy from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 6th. Weiss Ratings upgraded shares of Chord Energy from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, March 17th. Wells Fargo & Company upped their price objective on shares of Chord Energy from $136.00 to $175.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 8th. Roth Mkm reiterated a "buy" rating and set a $140.00 price objective (up from $130.00) on shares of Chord Energy in a research report on Friday, April 17th. Finally, UBS Group upped their price objective on shares of Chord Energy from $176.00 to $179.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Chord Energy has a consensus rating of "Moderate Buy" and a consensus price target of $156.15.

Check Out Our Latest Report on Chord Energy

Chord Energy Company Profile

(Get Free Report)

Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.

The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.