Chord Energy Corporation (NASDAQ:
CHRD) is included among the
12 Best Oil and Gas Dividend Stocks to Buy Now.
A drilling rig in an oil field, the sun setting over the horizon.
Chord Energy Corporation (NASDAQ:CHRD) presents a
convincing investment opportunity due to its strong balance sheet, consistent free cash flow, and significant shareholder returns.
The company reported an adjusted free cash flow of approximately $291 million for the first quarter of 2025. Moreover, it maintained shareholder returns at 100% of free cash flow for the second consecutive quarter, repurchasing $216.5 million of its stock. Chord Energy also announced a dividend of $1.3 per share in May, which equates to approximately $75 million.
Since 2021, Chord Energy Corporation (NASDAQ:CHRD) has returned $56 per share in dividends, more than half its current share price, demonstrating its strong commitment to shareholders. Moreover, with only $800 million in debt, most of which matures in the next decade, the company has sufficient financial flexibility to be able to sustain such high returns over the coming years.
As of the writing of this piece, Chord Energy Corporation (NASDAQ:CHRD) boasts a hefty annual dividend yield of 6.29%.
Chord Energy Corporation (NASDAQ:CHRD) is a scaled, unconventional US oil producer with a premier Williston Basin acreage position. The company acquires, exploits, develops, and explores for crude oil, natural gas, and natural gas liquids.
While we acknowledge the potential of CHRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
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Disclosure: None.
