Aggressive Stock Portfolio: 12 Stocks Picked by Hedge Funds

5. Chord Energy Corporation (NASDAQ:CHRD)

3-Year Average Revenue Growth: 48.45%

Number of Hedge Fund Holders: 56

Chord Energy Corporation (NASDAQ:CHRD) works as an independent exploration and production company dealing with crude oil, natural gas, and natural gas liquids in the Williston Basin. The company delivers products to refiners, marketers, and buyers having access to pipeline and rail infrastructure.

For Q4 that ended December 31, 2024, Chord Energy Corporation (NASDAQ:CHRD) made almost $282 million in adjusted free cash flow. Strong production and lower capital expenses than expected were the main reasons for this. While the company’s oil volumes surpassed guidance, operating costs stayed under projected values. Moreover, the company gave 100% of free cash flow back to shareholders, essentially through buying back shares, and elevated its base dividend by 4% to $1.30 per share. Meanwhile, during the full year, it paid out $944 million to shareholders while buying back over 5% of outstanding shares after acquiring Enerplus in 2024.

Chord Energy Corporation (NASDAQ:CHRD) intends to maintain a continued pace of production in 2025 with a $1.4 billion investment. The company is presently running five rigs but is expected to drop one of them by mid-year while it plans to complete 130 to 150 wells. Nearly 40% of next year’s wells will use three-mile laterals, boosting efficiency and capital production with plans to invest $205-225 million in non-operated projects, focused in the Williston Basin.

Chord Energy Corporation (NASDAQ:CHRD) predicts $860 million in free cash flow for 2025, with oil prices of $70 per barrel and natural gas at $3.50. In the future, the company will work to optimize long-lateral drilling while maintaining shareholder value through disciplined spending and consistent cash returns. While market ups and downs are still in play, Chord’s solid production efficiency and focus on long-term value make it an attractive option for stock portfolios.