Rep. Michael Guest Sells Chord Energy Corporation (NASDAQ:CHRD) Stock

Representative Michael Guest (Republican-Mississippi) recently sold shares of Chord Energy Corporation (NASDAQ:CHRD). In a filing disclosed on February 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chord Energy stock on January 9th. The trade occurred in the Representative’s “TR – SP” account.

Representative Michael Guest also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Dynatrace (NYSE:DT) on 1/9/2026.
• Sold $1,001 – $15,000 in shares of OTC Markets Group (OTCMKTS:OTCM) on 1/9/2026.
• Sold $1,001 – $15,000 in shares of Evolution AB (publ) (OTCMKTS:EVVTY) on 1/9/2026.

Chord Energy Price Performance

Shares of CHRD traded down $0.68 during trading hours on Tuesday, reaching $104.57. The stock had a trading volume of 339,740 shares, compared to its average volume of 791,991. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.35. Chord Energy Corporation has a 12 month low of $79.83 and a 12 month high of $116.09. The stock has a market capitalization of $5.95 billion, a PE ratio of 40.22 and a beta of 0.92. The company’s 50-day moving average is $95.76 and its two-hundred day moving average is $96.91.

Analyst Upgrades and Downgrades

CHRD has been the topic of several research reports. Citigroup cut Chord Energy from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $105.00 to $97.00 in a report on Wednesday, January 14th. Pickering Energy Partners lowered shares of Chord Energy from an “outperform” rating to a “neutral” rating in a report on Friday, January 9th. Mizuho set a $148.00 price target on shares of Chord Energy in a research note on Friday, January 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Chord Energy in a report on Wednesday, January 21st. Finally, Jefferies Financial Group set a $99.00 price objective on Chord Energy in a report on Saturday, January 17th. Eight research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.92.

Institutional Trading of Chord Energy

Several large investors have recently made changes to their positions in CHRD. Victory Capital Management Inc. lifted its position in shares of Chord Energy by 5.4% during the 3rd quarter. Victory Capital Management Inc. now owns 3,166,564 shares of the company’s stock worth $314,661,000 after buying an additional 163,125 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Chord Energy by 15.6% during the 4th quarter. Geode Capital Management LLC now owns 2,053,045 shares of the company’s stock valued at $190,346,000 after buying an additional 277,588 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of Chord Energy by 6.1% during the 4th quarter. Wellington Management Group LLP now owns 1,809,526 shares of the company’s stock valued at $167,743,000 after buying an additional 104,373 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Chord Energy by 15.5% during the 2nd quarter. American Century Companies Inc. now owns 1,337,079 shares of the company’s stock worth $129,496,000 after acquiring an additional 179,209 shares during the period. Finally, Adage Capital Partners GP L.L.C. increased its holdings in Chord Energy by 18.4% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,243,850 shares of the company’s stock worth $115,305,000 after acquiring an additional 193,469 shares during the last quarter. 97.76% of the stock is currently owned by institutional investors and hedge funds.

About Representative Guest

Michael Guest (Republican Party) is a member of the U.S. House, representing Mississippi’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Guest (Republican Party) ran for re-election to the U.S. House to represent Mississippi’s 3rd Congressional District. He won in the general election on November 5, 2024.

Guest received his bachelor’s degree from Mississippi State University in 1992. He received his J.D. from the University of Mississippi in 1995. He served as an assistant district attorney for Madison and Rankin counties in Mississippi from 1995 to 2007. He was elected district attorney of these counties in 2007. In 2018, Guest defeated Michael Evans (D) to replace outgoing incumbent Gregg Harper (R).

About Chord Energy

Chord Energy Corporation (NASDAQ: CHRD), formerly known as Oasis Petroleum Inc, is an independent exploration and production company focused on the acquisition, development and production of crude oil, natural gas and natural gas liquids. Headquartered in Houston, Texas, Chord Energy emerged from financial restructuring in early 2021 and rebranded in October 2022 to reflect its renewed strategic vision.

The company’s core operations are concentrated in two prolific U.S. resource plays: the Williston Basin across North Dakota and Montana, and the Delaware Basin spanning parts of West Texas and southeastern New Mexico.