We recently published a list of Top 10 Oil & Gas E&P Stocks Outperforming Despite Sinking Oil Prices. In this article, we are going to take a look at where Chord Energy Corporation (NASDAQ:CHRD) stands against other top oil & gas E&P stocks outperforming despite sinking oil prices.
Oil prices have crashed by as much as 8.5% since the start of this month as Donald Trump reignites the tariff war. At one point, it was down as much as 18%! The broader market, as well as investors, have come to terms with a harsh reality: the tariffs are here to stay!
Inflation resulting from these tariffs threatens to send the country’s economy into recession, and global oil demand is reacting accordingly. The oil prices continue to tumble, threatening the future of some of the major oil producers of the world.
Amid this uncertain environment, some oil and gas stocks are outperforming the market. We decided to take a look at these stocks to find gems that can help retail investors outperform the market in these tough times.
To come up with our list of the top 10 oil & gas stocks outperforming despite sinking oil prices, we looked at the oil & gas exploration and production industry, considering only the stocks with a market cap between $2 billion and $10 billion.
A technician in a lab coat examining a sample of crude oil.
Chord Energy Corporation (NASDAQ:CHRD)
Chord Energy Corporation (NASDAQ:CHRD) is an independent production and exploration company. It engages in the exploration, development, production, and acquisition of natural gas, natural gas liquids, and crude oil. The company supplies its products to marketers, refiners, and other purchasers. The company’s stock is up 6.52% in the last one week of trading.
The firm is expected to generate revenues worth $3.763 billion in 2025. Chord Energy (NASDAQ:CHRD) is projected to produce approximately 271,500 Barrels of Oil Equivalent Per Day (boepd) in 2025. It also actively repurchases shares to show its commitment to shareholders’ returns. In Q1 2025, the company bought back 2 million shares for $216.5 million.
According to 20 different analyst ratings, Chord Energy (NASDAQ:CHRD) has a highest target price of $186, which means the price could potentially more than double from the current levels if the bull thesis proves accurate. The stock is currently trading at $94.29, which is still below the lowest Wall Street price target of $106. Despite gaining upward momentum, the current share price presents an attractive buying opportunity to benefit from the potential upside in the future.
Overall, CHRD ranks 3rd on our list of top oil & gas E&P stocks outperforming despite sinking oil prices. While we acknowledge the potential of CHRD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than CHRD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
