Truist raised the firm’s price target on Chord Energy (CHRD) to $187 from $169 and keeps a Buy rating on the shares as part of a broader research note previewing Q1 results among Exploration and Production names. The firm expects the company’s oil production at 153.4kbd vs. 152.5-155.5 kbd guide, natgas at 404.7 MMcf/d vs.401-409 MMcf/d guide, and NGLs at 49 kbd vs 48-49 kbd guide – all bracketing guidance for the quarter, the analyst tells investors in a research note.
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