How to Buy Chord Energy Stock
Chord Energy Corp
Chord Energy Corporation operates as an independent exploration and production company. It acquires, exploits, develops, and explores for crude oil, natural gas, and natural gas liquids in the Williston Basin.
Chord Energy stock last closed at $183.59, up 0.26% from the previous day, and has increased 27.4% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.09 percentage points. Chord Energy stock is currently +37.69% from its 52-week low of $133.34, and -3.49% from its 52-week high of $190.23.
As of Apr 24, 2024, there are 41.44M CHRD shares outstanding. The market capitalization of CHRD is $7.61B. In the last 24 hours, 357,732 CHRD shares were traded.
How to Buy Chord Energy Stock
Wondering how to invest in Chord Energy stock? Here's how.
- Choose where to buy Chord Energy stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Chord Energy stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Analyze Chord Energy stock: The Chord Energy ticker symbol is CHRD. Is Chord Energy stock a good investment? Should you buy shares of CHRD? How do CHRD's underlying business fundamentals look? Do top analysts think Chord Energy is a good buy? Why has CHRD's stock price moved recently? (Hint: Our stock analysis website can help you decide if CHRD is a good stock to buy).
- Execute your CHRD buy order: Decide if you will purchase CHRD shares at the current market price or use a limit order to buy CHRD shares at a particular price.
- Get key alerts regarding your CHRD position: Create a watchlist to get the latest news on your new investment in Chord Energy stock.
Step 1: Choose where to buy Chord Energy stock
You will need an online brokerage account to access the NASDAQ market and buy CHRD stock.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you are able to buy CHRD today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
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Step 3: Deposit money your brokerage account
Now that you've opened your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Analyze Chord Energy stock
After you have selected the best place to buy Chord Energy stock, it's crucial to research their stock before you invest, so you truly comprehend the risk and upside.
Chord Energy Numbers
Fundamentals of CHRD
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CHRD's stock page.
Is CHRD stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CHRD's intrinsic value.
Using relative valuations methods:
- CHRD could be undervalued based on its P/E ratio of 7.47x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
- CHRD may be undervalued based on its P/B ratio of 1.5x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
- CHRD may be undervalued based on its PEG ratio of 0.11x
You can do additional valuation analysis on CHRD's stock here.
CHRD Financial Summary
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the CHRD balance sheet.
- CHRD has a low debt to equity ratio of 0.36.
- There are more short-term assets than long-term liabilities on the CHRD balance sheet.
- CHRD earnings of $1.37B is not sufficient to cover its interest payments.
- CHRD's operating cash flow of $1.82B allows it to safely service it's debt of $427.83M.
Failed Financial Due Diligence Checks:
- CHRD profit margin has gone down from 50.9% to 26.3% in the past year.
Is Chord Energy stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 6 Equities analysts who give forecasts on CHRD, the consensus analyst rating on Chord Energy is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent CHRD Analyst Ratings
Hanwen Chang, a top 37% analyst from Wells Fargo initiates coverage on CHRD with a strong buy rating and announces their CHRD price target of $189.00, on Nov 15, 2023.
You can dive deeper into what analysts are projecting on the Chord Energy stock forecast page.
Metrics for Advanced CHRD Traders
Is CHRD Growing Revenue?
Last year, CHRD earnings were $1.02B. In the past two year, CHRD's earnings have increased by 23.39% per year. This was faster than the Oil & Gas E&P industry average of 12.87%.
Last year, CHRD revenue was $3.90B. Over the last 2 year, CHRD's revenue has increased by 57.05% per year. This was faster than the Oil & Gas E&P industry average of 19.2%.
Dive into CHRD's earnings and revenue performance here.
What are CHRD executives and large shareholders up to?
In the past year, executives and large shareholders at CHRD have sold more shares than they have bought.
Daniel E. Brown, President and CEO of CHRD, was the latest CHRD insider to sell. They sold $10,245,233.97 worth of CHRD shares on Apr 15, 2024.
Dig into more about who owns CHRD stock here.
Can I rely on CHRD as an income stream?
Chord Energy pays a dividend of 0.74%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 worth of CHRD stock, you would have been paid $7.41 in the past year.
Dig into more analysis about Chord Energy dividend yield and history here.
What do other investors have to say about CHRD?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your CHRD buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your CHRD position
Now that you own some shares in CHRD, you'll want to keep up with your company.
Make a watchlist to track your CHRD stock.
CHRD Feed
How to Buy Stock in Chord Energy
To summarize, here are the 6 steps for buying Chord Energy stock:
- Choose where to buy Chord Energy stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Chord Energy stock
- Execute your CHRD buy order
- Get key alerts regarding your CHRD position
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Chord Energy, add CHRD to your watchlist by clicking the button below.
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