Added to YB: 2026-04-10
Pitch date: 2026-04-08
CHRD [neutral]
Chord Energy Corporation
-2.58%
current return
Author Info
Palm Valley Capital Management was founded on the bedrock of an absolute return investment process. Our goal is to deliver an attractive return over a full market cycle, consisting of both a bull and bear market. Sign up for the newsletter.
Company Info
Chord Energy Corporation operates as an independent exploration and production company in the United States.
Market Cap
$7.6B
Pitch Price
$136.30
Price Target
N/A
Dividend
3.85%
EV/EBITDA
3.71
P/E
182.71
EV/Sales
1.96
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Palm Valley Capital Management Q1 2026 holding update - Chord Energy (CHRD)
CHRD (trimmed position): Williston Basin E&P outperforming on production & FCF. Extended laterals lowered break-even, improved basin competitiveness. Conservative 0.6x debt/EBITDA, 3.7% div yield + buybacks. Trimmed as price neared NAV of oil reserves despite strong outlook.
Read full article (1 min)