On December 9, 2024, Shannon Kinney, Executive Vice President, Chief Administrative Officer, General Counsel & Corporate Secretary at Chord Energy Corp's subsidiary, sold 1,000 shares of Chord Energy Corp (CHRD, Financial). Following this transaction, the insider now owns 20,488 shares of the company. The transaction details can be found in the SEC Filing.
Chord Energy Corp is engaged in the exploration and production of oil and natural gas. The company operates primarily in the United States, focusing on the development of its assets in the Williston Basin. Chord Energy Corp aims to maximize shareholder value through efficient operations and strategic growth initiatives.
The insider transaction history for Chord Energy Corp indicates that there have been 1 insider buy and 6 insider sells over the past year. This recent sale by Shannon Kinney is part of the ongoing trend of insider selling within the company.
On the day of the transaction, shares of Chord Energy Corp were trading at $121.27, giving the stock a market cap of $7.208 billion. The company's price-earnings ratio stands at 6.20, which is lower than the industry median of 11.565 but higher than the company's historical median price-earnings ratio.
With a trading price of $121.27 and a GuruFocus Value of $138.43, Chord Energy Corp has a price-to-GF-Value ratio of 0.88, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
