Chord Energy (CHRD) Earns Outperform Rating as Shares Trail Sector Performance

Chord Energy Corporation (NASDAQ:CHRD) ranks among the best energy stocks with huge upside potential. On November 21, William Blair analyst Neal Dingmann began coverage of Chord Energy Corporation (NASDAQ:CHRD) with an Outperform rating, pointing out that CHRD shares have lagged in comparison to the exploration and production sector as a whole, which is comparable to the trend seen regarding lower-quality peers in the industry.

William Blair claimed that a major contributing element to the stock’s downturn has been investor worries about future oil prices, especially in the Bakken region. However, the firm pointed out that investors might be ignoring Chord’s solid balance sheet position, significant free cash flow generation, and low breakeven costs.

Moreover, earlier this month, Chord Energy Corporation (NASDAQ:CHRD) released its third-quarter 2025 earnings, which exceeded analyst estimates. With earnings per share of $2.35, the company outperformed the forecast of $2.31. Meanwhile, Chord Energy’s revenue exceeded the projected $1.09 billion by reaching the $1.31 billion mark.

Chord Energy Corporation (NASDAQ:CHRD) is an independent exploration and production company that focuses on acquiring, developing, and producing crude oil, natural gas, and natural gas liquids in the Williston Basin.

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Disclosure: None. This article is originally published at Insider Monkey.