12 52-Week Low Dividend Stocks To Avoid

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7. Chord Energy Corporation (NASDAQ:CHRD)

52-week Decline as of March 7: 36.41%

Dividend yield: 8.01%

Number of Hedge Funds: 56

Chord Energy Corporation (NASDAQ:CHRD) is an American company engaged in hydrocarbon exploration and hydraulic fracturing in the Williston Basin in North Dakota and Montana. The company mainly focuses on the Middle Bakken and Three Forks formations, which are known for their oil and gas potential. The company produces crude oil and natural gas liquids (NGLs) with a substantial acreage position in the Williston Basin.

As of March 7, 2025, Chord Energy Corporation (NASDAQ:CHRD) was trading at $103.63, reflecting a 36.41% decline over the past 52 weeks and nearing its 52-week low of $99.40. The Q4 EPS of the company beat the consensus estimate by $0.74. However, concerns about the company remain with respect to the impact of the merger with Enerplus and the resulting layoffs. However, with the pricing of a private placement of senior unsecured notes valued at $750 million due in 2033, the company offsets the adverse effects of the merger. The hedge fund interest remains strong, with 56 funds from Insider Monkey’s Q4 2024 database holding positions in the company despite being listed among the bottom 52-week stock list.

Chord Energy Corporation (NASDAQ:CHRD) offers a high dividend yield of 8.01% with a payout ratio of 63.36%. Though a significant portion is used for paying dividends, a healthy portion is also retained to cover debts and future investments. Analysts maintain a Buy rating on the stock, with a 1-year median price target of $160.50, implying a 54.88% upside. Even so, its recent underperformance suggests caution for those looking to enter at current levels.

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