Chord Energy (CHRD) Price Target Reduced by $6

Core Viewpoint - Chord Energy Corporation (NASDAQ:CHRD) is recognized as one of the best energy stocks to buy for dividends in 2026, highlighting its strong position in the market [1]. Price Target Adjustments - Scotiabank analyst Paul Cheng reduced the price target for Chord Energy from $120 to $114 while maintaining a 'Sector Perform' rating, reflecting a broader revision of price targets for American Integrated Oil and E&P stocks [3]. - Jefferies also lowered its price target for Chord Energy from $101 to $99, keeping a 'Hold' rating, with the new target indicating an upside of nearly 8% from current levels [4]. Operational Insights - Chord Energy has a premier acreage position in the Williston Basin and is involved in the exploration and production of crude oil, natural gas liquids, and natural gas [2]. - The upcoming quarter's earnings are expected to be straightforward due to the absence of major weather disruptions this winter, which may positively impact operational performance [3]. - The softening service environment is anticipated to enhance Chord's capital efficiency, potentially allowing the company to exceed capital expenditure consensus in 2026 [4].