Chord Energy (CHRD) Receives a Buy from Wells Fargo

In a report released today, Hanwen Chang from Wells Fargo maintained a Buy rating on Chord Energy, with a price target of $149.00. The company’s shares closed last Friday at $90.59.

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Chang covers the Energy sector, focusing on stocks such as Chord Energy, Matador Resources, and Murphy Oil. According to TipRanks, Chang has an average return of -3.9% and a 30.38% success rate on recommended stocks.

In addition to Wells Fargo, Chord Energy also received a Buy from Siebert Williams Shank & Co’s Gabriele Sorbara in a report issued today. However, on October 6, Jefferies maintained a Hold rating on Chord Energy (NASDAQ: CHRD).

CHRD market cap is currently $5.19B and has a P/E ratio of 23.19.

Based on the recent corporate insider activity of 36 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 August 2025, Shannon Browning Kinney, the EVP, CAO, GC & Corp Secretary of CHRD sold 3,019.00 shares for a total of $318,293.17.