SCHEDULE: BlackRock Reports 10.7% Stake in Chord Energy Corp

BlackRock, Inc. has disclosed a beneficial ownership of 10.7% in Chord Energy Corp's common stock as of March 31, 2026, holding over 6 million shares.

Summary

• BlackRock, Inc. has filed a Schedule 13G, indicating its beneficial ownership of Chord Energy Corp's common stock.
• As of March 31, 2026, BlackRock beneficially owns 6,068,425 shares, representing 10.7% of the class.
• The filing specifies that BlackRock has sole voting power over 5,919,607 shares and sole dispositive power over 6,068,425 shares.
• This filing is an amendment (Amendment No. 5) to a previous filing.
• BlackRock's reporting is in accordance with Rule 13d-1(b) of the Securities Exchange Act of 1934.
• The filing clarifies that it reflects securities owned by certain 'Reporting Business Units' of BlackRock, Inc. and its subsidiaries, and does not include securities owned by other business units whose ownership is disaggregated.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by an institutional investor and does not provide new operational or financial performance information.

Positives

• BlackRock, a significant institutional investor, holds a substantial stake in Chord Energy Corp, which can be viewed as a positive signal of confidence.
• The clear disclosure of ownership percentages and voting/dispositive power provides transparency to the market.

Risks

• While not explicitly stated as a risk in this filing, significant ownership by a single large entity like BlackRock could lead to concerns about concentrated influence over corporate decisions.
• The filing is a routine disclosure of beneficial ownership and does not contain specific forward-looking statements or risk factors related to Chord Energy Corp's operations.

Future Outlook

This filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance regarding Chord Energy Corp's future performance.

Industry Context

StockSavvy.ai notes that significant stake disclosures by major asset managers like BlackRock in energy companies are common and reflect active portfolio management within the energy sector, particularly in a dynamic market environment.

Stakeholder Impact

• Shareholders: Increased transparency regarding a major institutional holder's stake, potentially influencing market perception and trading activity.
• Management: Awareness of BlackRock's significant ownership may influence strategic decision-making and corporate governance practices.

Next Steps

• BlackRock will continue to hold and potentially adjust its beneficial ownership in Chord Energy Corp.
• Chord Energy Corp will continue its operations as disclosed in its other filings.

Key Dates

Keywords

Chord Energy Corp, BlackRock, Inc., Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Securities Exchange Act of 1934