Chord Energy Corp. Stock Analysis CHRD

Chord Energy Corp. engages in the exploration and production of crude oil, natural gas liquids, and natural gas. The company is headquartered in Houston, Texas and currently employs 676 full-time employees. The company went IPO on 2010-06-17. The firm is focused on developing its unconventional onshore oil resources in the continental United States. The firm is engaged in the acquisition, exploration, development and production of crude oil, natural gas liquids (NGL) and natural gas primarily in the Williston Basin with limited non-operated interests in the Marcellus Shale. The firm has approximately 1,302,921 net leasehold acres in the Williston Basin, approximately all of which is held by production. Its operations are focused on the North Dakota and Montana areas of the Williston Basin targeting the Middle Bakken and Three Forks formations. The firm principally sells its crude oil, NGL and natural gas production to refiners, marketers and other purchasers that have access to nearby pipeline and rail facilities. The firm's total acreage that is held by production is approximately 1,324,535 net acres.