Chord Energy Corp EVP Sells 1000 Shares at $101.64 on 2025-08-14

Chord Energy Corporation (CHRD) has announced that Executive Vice President, Chief Accounting Officer, General Counsel, and Corporate Secretary Kinney Shannon Browning has sold 1,000 shares at a price of $101.64 per share on August 14, 2025.

Chord Energy Corporation (CHRD) has reported that Executive Vice President, Chief Accounting Officer, General Counsel, and Corporate Secretary Kinney Shannon Browning sold 1,000 shares of the company's stock on August 14, 2025, at a price of $101.64 per share. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission (SEC) [2].

The sale resulted in Browning directly owning 17,669 shares of Chord Energy Corp. The transaction value totaled $101,640. This sale comes amidst mixed financial results for the company's second quarter of 2025. Revenue exceeded expectations, reaching $1.18 billion, a 12.38% positive surprise compared to the anticipated $1.05 billion. However, earnings per share (EPS) fell short of expectations, posting $1.79 compared to the forecasted $1.94, resulting in a 7.73% negative surprise [1].

Analysts have been reviewing these outcomes to assess future projections. While the company’s revenue performance was strong, the earnings miss is a focal point for analysts and investors. These developments are part of the broader financial landscape for Chord Energy as it navigates market conditions.

Additionally, AIA Group Ltd increased its holdings in Chord Energy Corporation by 170.2% during the first quarter, acquiring an additional 5,552 shares, making their total ownership 8,814 shares valued at approximately $994,000. The company also announced a quarterly dividend of $1.30, representing a 5.2% annualized yield, with a payout ratio of 132.32% [3].

Several other institutional investors have also bought and sold shares of the company. Encompass Capital Advisors LLC bought a new position in shares of Chord Energy during the fourth quarter valued at approximately $43,745,000. Nuveen LLC bought a new position in Chord Energy in the first quarter valued at $36,837,000. Squarepoint Ops LLC increased its stake in Chord Energy by 365.5% in the fourth quarter. Raymond James Financial Inc. purchased a new stake in Chord Energy in the fourth quarter worth $29,984,000. Finally, Sourcerock Group LLC grew its stake in Chord Energy by 214.9% in the fourth quarter. Sourcerock Group LLC now owns 314,870 shares of the company's stock worth $36,815,000 after acquiring an additional 214,870 shares in the last quarter [3].

References:
[1] https://www.investing.com/news/insider-trading-news/kinney-sells-chord-energy-chrd-stock-worth-101640-93CH-4196315
[2] https://www.stocktitan.net/sec-filings/CHRD/form-4-chord-energy-corporation-insider-trading-activity-0779b72d80f8.html
[3] https://www.marketbeat.com/instant-alerts/filing-aia-group-ltd-purchases-5552-shares-of-chord-energy-corporation-nasdaqchrd-2025-08-12/