An Overview of Chord Energy's Earnings

Chord Energy (NASDAQ:CHRD) is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement.

Analysts estimate that Chord Energy will report an earnings per share (EPS) of $3.78.

Investors in Chord Energy are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Overview of Past Earnings

The company's EPS missed by $0.62 in the last quarter, leading to a 1.58% drop in the share price on the following day.

Here's a look at Chord Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

5.31

4.73

4.97

4.90

EPS Actual

4.69

5.10

5.25

5.04

Price Change %

-2.0%

1.0%

-3.0%

5.0%

Market Performance of Chord Energy's Stock

Shares of Chord Energy were trading at $125.27 as of November 04. Over the last 52-week period, shares are down 21.52%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Insights on Chord Energy

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the ...