UBS Raises Chord Energy Corporation (CHRD) Price Target to $142

Chord Energy Corporation (NASDAQ:CHRD) is among the 14 Best Oil and Gas Dividend Stocks to Buy Right Now.

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 March 5, UBS upped its price target on Chord Energy Corporation (NASDAQ:CHRD) from $119 to $142, while keeping its ‘Buy’ rating on the shares. The revised target, which indicates an upside of over 17% from the current share price, reflects a $10 per barrel increase in 2026 oil price assumptions to $68 WTI and $72 Brent. Moreover, the crude oil price has received further support from the ongoing tensions in the Middle East.

UBS believes that the markets have underpriced the impact of a prolonged Iran conflict. The supply disruptions in the Strait of Hormuz and the suspension of LNG exports from Qatar could significantly raise global energy prices and drive a strong free cash flow upside for companies like Chord, which produce both oil and gas.

Chord Energy Corporation (NASDAQ:CHRD) was also recently included in our list of the 12 Best Crude Oil Stocks to Buy as Tensions Rise.

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 best short-term AI stock.

READ NEXT: 12 Best Crude Oil Stocks to Buy as Tensions Rise and 40 Most Popular Stocks Among Hedge Funds Heading into 2026.

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