Should You Expect A Quick Recovery From Chord Energy Corp (NASDAQ: CHRD) After -5.05% Decline From High?

Chord Energy Corp (NASDAQ:CHRD)’s traded shares stood at 1.5 million during the last session, with the company’s beta value hitting 1.06. At the close of trading, the stock’s price was $179.40, to imply a decrease of -2.00% or -$3.67 in intraday trading. The CHRD share’s 52-week high remains $188.46, putting it -5.05% down since that peak but still an impressive 23.18% since price per share fell to its 52-week low of $137.82. The company has a valuation of $7.48B, with an average of 740.68K shares over the past 3 months.

Chord Energy Corp (NASDAQ:CHRD) trade information

After registering a -2.00% downside in the last session, Chord Energy Corp (CHRD) has traded red over the past five days. The stock hit a weekly high of 184.27, dropping -2.00% in its intraday price action. The 5-day price performance for the stock is -0.55%, and -1.77% over 30 days. With these gigs, the year-to-date price performance is 10.28%.

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Chord Energy Corp (CHRD) estimates and forecasts

Looking at statistics comparing Chord Energy Corp share performance against respective industry, we note that the company has outperformed competitors. Chord Energy Corp (CHRD) shares are 13.11% up over the last 6 months, with its year-to-date growth rate higher than industry average at 19.28% against -1.30%. The rating firms project that company’s revenue will grow 20.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 1.03B. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 1.36B.

CHRD Dividends

Chord Energy Corp has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Chord Energy Corp has a forward dividend ratio of 6.69, with the share yield ticking at 3.73% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.