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Truist Financial Sticks to Their Buy Rating for Chord Energy (CHRD)

Tipranks - Wed Jul 8, 6:46AM CDT

Truist Financial analyst Gabriel Daoud maintained a Buy rating on Chord Energy today and set a price target of $170.00.

4th of July Sale - 70% Off

Daoud covers the Energy sector, focusing on stocks such as Devon Energy, Matador Resources, and APA. According to TipRanks, Daoud has an average return of -13.0% and a 30.62% success rate on recommended stocks.

Currently, the analyst consensus on Chord Energy is a Strong Buy with an average price target of $167.70.

Based on Chord Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.67 billion and a net profit of $108.61 million. In comparison, last year the company earned a revenue of $1.22 billion and had a net profit of $219.84 million

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CHRD in relation to earlier this year. Most recently, in May 2026, Darrin J. Henke, the EVP & COO of CHRD sold 1,276.00 shares for a total of $186,257.72.

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