Analyst Raises Price Target on Chord Energy (CHRD)

Chord Energy Corporation (NASDAQ:CHRD) is included among the 12 Best Crude Oil Stocks to Buy for Dividends.

With its premier acreage position in the Williston Basin, Chord Energy Corporation (NASDAQ:CHRD) engages in the exploration and production of crude oil, natural gas liquids, and natural gas.

On December 12, Mizuho raised its price target on Chord Energy Corporation (NASDAQ:CHRD) from $142 to $150, representing a robust upside potential of over 65% from the current share price. The analyst firm also maintained its ‘Outperform’ rating on the company’s shares.

The revised target comes as the analyst firm updated its rating and targets in the E&P space as part of its outlook for 2026. While the current oil oversupply and high gas storage have driven the overall sentiment around American oil and gas stocks to be negative, the analyst insists that there is still some ‘underappreciated value’ in the group, particularly in E&P.

Chord Energy Corporation (NASDAQ:CHRD) remains focused on improving its operational efficiency, targeting 4% volume growth with $100 million less capital in 2026. The company reported adjusted free cash flow of approximately $230 million in Q3 2025, with 69% of it returned to shareholders in the form of its $1.3 per share dividend and share repurchases. Since the combination with Enerplus closed in May last year, Chord has reduced its diluted shares outstanding by approximately 11%. CHRD was also recently included in our list of the 14 Best Up and Coming Dividend Stocks to Buy.

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Disclosure: None.