Stock fact sheet · data as of
Chord Energy Corporation (CHRD): fair value, margin of safety and Wheel Score
Energy · Oil & Gas Exploration & Production · United States · Defensive
Is CHRD undervalued?
Chord Energy Corporation (CHRD) closed at 148.33 on 16 Oct 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 229.98, which puts the price 36% below it. 6 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
There is a wide gap between GLS Growth (44.33) and 10 Cap (652.62). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files CHRD under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for CHRD
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 190.95 | +29% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 225.50 | +52% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 244.35 | +65% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 60.58 | -59% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 44.33 | -70% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 652.62 | +340% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 406.69 | +174% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 76.51 | -48% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 168.29 | +13% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -68.89 | -146% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 177.22 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Chord Energy Corporation scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 1.0/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 0.5%, ROE 0.6%, ROA 0.3% - with debt at 0.19 times equity and a free-cash-flow yield of 14.6%.
The dividend yield is 3.51% at a payout ratio of 35%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Oil Production 68%, Purchased Oil Sales 32%, Purchased Gas Sales 0% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 0.5% |
|---|---|---|---|
| GLS Moat | 1.0 / 10 | ROE | 0.6% |
| Debt / equity | 0.19 | ROA | 0.3% |
| Free-cash-flow yield | 14.6% | Payout ratio | 35% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 81: Prime
With a Wheel Score of 81, Chord Energy Corporation sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 25/25, Health 18/20, Moat 2/15, Premium 20/20, Stability 17/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 43% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 5,663 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 808k shares a day on a market cap of $8.1B, with a beta of 0.39 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 17 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 36% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 2 / 15 | moat 1.0/10 | |
| Premium | 20 / 20 | implied volatility 43% | |
| Stability | 17 / 20 | 808k shares/day, $8.1B cap, beta 0.39 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 3 Nov 2026 (after the close), 18 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Exploration & Production
The 12 companies below are the closest to Chord Energy Corporation by market cap within the Oil & Gas Exploration & Production industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| VIST Vista Energy, S.A.B. de C.V. | 69.94 | 110.81 | +37% | 85Prime | $7.3B |
| SM SM Energy Company | 38.22 | 36.18 | -6% | 67Good | $9.1B |
| RRC Range Resources Corporation | 41.84 | 52.96 | +21% | 87Prime | $9.8B |
| MTDR Matador Resources Company | 53.77 | 74.73 | +28% | 82Prime | $6.7B |
| LB LandBridge Company LLC | 81.25 | 87.85 | +8% | 74Good | $6.3B |
| AR Antero Resources Corporation | 36.44 | 58.53 | +38% | 86Prime | $11.2B |
| MGY Magnolia Oil & Gas Corporation | 24.52 | 31.57 | +22% | 81Prime | $5.8B |
| MUR Murphy Oil Corporation | 39.85 | 34.86 | -14% | 64Fair | $5.7B |
| CNX CNX Resources Corporation | 34.62 | 140.81 | +75% | 82Prime | $5.1B |
| CRC California Resources Corp | 53.15 | 86.39 | +38% | 45Weak | $4.7B |
| CRGY Crescent Energy Company | 12.51 | 13.98 | +11% | 74Good | $4.1B |
| APA APA Corporation | 47.23 | 104.73 | +55% | 87Prime | $16.5B |
Screen the whole market the same way
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Start free See the Sunday ScanQuestions about CHRD
Is CHRD undervalued right now?
By the GLS models, yes: at 148.33 the stock is 36% below the average fair value of 229.98 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of CHRD and what does it mean?
CHRD scores 81 out of 100 (Prime). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for CHRD?
229.98 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Chord Energy Corporation report earnings next?
The next earnings report is due on 3 Nov 2026 (after the close), 18 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does CHRD have listed options, and how liquid are they?
Yes. The nightly snapshot found 326 listed contracts with 5,663 open interest across all expiries and implied volatility of 43% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.