Chord Energy Corporation shares were trading at $92.30 as of January 19th, according to a bullish thesis posted on r/Valueinvesting by user pandacrusher63. The post summarized the investment case for CHRD, noting its trailing P/E ratio of 31.18 per Yahoo Finance data.
Chord Energy is a U.S. mid-cap oil and gas producer. The company maintains a pristine balance sheet and follows disciplined operations. Its capital allocation framework returns over 90% of adjusted free cash flow to shareholders through a base dividend and share repurchases.
Share repurchases retire roughly 5–8% of outstanding shares annually. These returns are fully funded from internally generated cash flow. This approach reflects a commitment to capital discipline.
Approximately 98% of the company's acreage is located in the Williston Basin. The recent acquisition of Enerplus enhances Chord's scale, inventory depth, and operational efficiency in this core basin. It extends the runway of high-quality drilling locations.
Williston Basin production is predominantly light, sweet crude. This crude benefits from favorable pricing dynamics and serves a distinct refinery slate. Incremental supply of heavy oil from Venezuela is unlikely to materially impact Chord's realized pricing or competitive positioning.
From a cost standpoint, Chord is positioned to withstand prolonged commodity weakness. Its economics remain viable even at approximately $50 oil over a multi-year horizon. A discounted cash flow framework using conservative long-term assumptions suggests the market is undervaluing the company's cash-generating capacity.
With shares trading around $90, CHRD appears mispriced relative to its free cash flow yield, balance sheet strength, and capital return profile. Commodity price volatility remains an inherent risk.
Previously, a bullish thesis on Civitas Resources, Inc. by mbacandidate1 in January 2025 highlighted leverage-driven growth and shareholder yield. CIVI's stock price has depreciated by approximately 46.82% since that coverage due to oil price weakness and balance sheet concerns. Pandacrusher63's thesis on CHRD emphasizes balance sheet strength, capital discipline, and consistent free cash flow returns.
Chord Energy Corporation is not on the list of the 30 Most Popular Stocks Among Hedge Funds. According to database information, 49 hedge fund portfolios held CHRD at the end of the third quarter, down from 52 in the previous quarter.