Chord Energy (CHRD) Price Target Lowered to $151

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

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 February 11, Piper Sandler reduced its price target on Chord Energy Corporation (NASDAQ:CHRD) from $160 to $151, but maintained its ‘Overweight’ rating. The revised target, which still indicates an upside of over 52% from the current levels, was driven by a revision to type curves, partially offset by increased three-mile allocation.

During its last earnings call in November 2025, Chord Energy Corporation (NASDAQ:CHRD) announced it expects oil production of 157,000 to 161,000 bpd in 2026, with total CapEx of roughly $1.4 billion. This preliminary outlook indicated approximately 4% higher oil volumes at around $100 million less in capital than in 2024. The company is set to announce its fourth quarter and year-end 2025 financial and operating results on February 26.

With a robust annual dividend yield of 5.26%, Chord Energy Corporation (NASDAQ:CHRD) is included among the 11 Best Energy Stocks to Buy for Dividends in 2026.

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Disclosure: None.