(CHRD) Chord Energy - Ratings and Ratios

Chord Energy Corporation, a U.S.-based independent exploration and production company, specializes in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its primary operations are concentrated in the Williston Basin, a prominent shale play known for its high hydrocarbon potential. The company sells its output to refiners, marketers, and other purchasers with access to pipeline and rail infrastructure, ensuring efficient distribution of its products. Originally incorporated in 2007 as Oasis Petroleum Inc., the company rebranded as Chord Energy Corporation in July 2022 to reflect its strategic evolution and operational focus. Headquartered in Houston, Texas, Chord Energy maintains a strong presence in the energy sector with a market capitalization of approximately $5.65 billion as of the latest data.

From a technical standpoint, Chord Energys stock (NASDAQ:CHRD) has shown a recent price of $94.62, with a 20-day average volume of 773,397 shares. The stock is currently trading below its 20-day and 50-day simple moving averages (SMA) of $95.38 and $103.20, respectively, while remaining above its 200-day SMA of $124.14. This indicates a bearish short-term trend but a bullish long-term outlook. The Average True Range (ATR) of 4.97 suggests moderate volatility, with potential price swings in the near term.

Fundamentally, Chord Energy demonstrates a price-to-earnings (P/E) ratio of 5.93, indicating undervaluation relative to its earnings. The price-to-book (P/B) ratio of 0.65 further supports this assessment, as it reflects a stock price below the companys book value. The price-to-sales (P/S) ratio of 1.15 aligns with industry averages, while the return on equity (RoE) of 9.75% highlights modest profitability in its operations.