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Siebert Williams Shank & Co Remains a Buy on Chord Energy (CHRD)

Tipranks - Tipranks - Fri Feb 27, 5:56AM CST

Siebert Williams Shank & Co analyst Gabriele Sorbara reiterated a Buy rating on Chord Energy today and set a price target of $128.00.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Ovintiv. According to TipRanks, Sorbara has an average return of 14.5% and a 63.92% success rate on recommended stocks.

In addition to Siebert Williams Shank & Co, Chord Energy also received a Buy from TipRanks – OpenAI’s OpenAI Oil and Gas Exploration and Production in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Chord Energy (NASDAQ: CHRD).

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Based on Chord Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.31 billion and a net profit of $130.11 million. In comparison, last year the company earned a revenue of $1.45 billion and had a net profit of $225.32 million

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