Chord Energy Price Target Raised to $180 Following $550M Asset Sale

Key Facts

1Truist Financial analyst Gabe Daoud raised Chord Energy's price target to $180 from $166.

2The company is selling non-operated Marcellus assets for $550 million as part of its portfolio optimization strategy.

3Chord Energy is committed to returning at least 75% of adjusted free cash flow to shareholders.

Reflecting a positive outlook on portfolio optimization within the energy sector, Truist Financial analyst Gabe Daoud has raised the price target for Chord Energy to $180 from $166. The company is set to divest non-operated Marcellus assets for $550 million as part of a strategic move to realize value from non-core operations. Furthermore, management remains committed to returning at least 75% of adjusted free cash flow to shareholders, supported by high oil production volumes and a robust balance sheet.

This upward revision comes as market data shows steady performance for related financial entities, with TFC shares closing at $50.1 (close September 14, 2026). Chord Energy's strategic divestment highlights a focus on liquidity and financial health; according to reports, the company maintains minimal net debt and substantial cash reserves, which continues to attract institutional interest following its recent asset management decisions.

In the equity markets, CHRD shares stood at $157 at the close of September 15, 2026, after reaching a daily high of $157.06. Traders are looking toward energy sector catalysts following recent economic data, such as the API Crude Oil Stock Change which reported a decrease of 0.3 million barrels on September 9, potentially impacting near-term price action.