Can Chord Energy Corporation (CHRD) Run Higher on Rising Earnings Estimates?
Chord Energy (CHRD) Zacks Investment Research·2024-04-08 17:21
Investors might want to bet on Chord Energy Corporation (CHRD) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation bet ...