SCHEDULE: FMR LLC Discloses 6.8% Stake in Chord Energy Corp
Beneficial Ownership Filing
FMR LLC and Abigail P. Johnson have reported a combined beneficial ownership of 6.8% in Chord Energy Corp as of March 31, 2026.
Summary
- FMR LLC and Abigail P. Johnson have filed a Schedule 13G, indicating their beneficial ownership of Chord Energy Corp's common stock.
- As of March 31, 2026, the total number of shares beneficially owned is 3,880,460.99.
- This represents 6.8% of the class of securities.
- FMR LLC has sole voting power over 3,867,965.80 shares and sole dispositive power over 3,880,460.99 shares.
- Abigail P. Johnson has sole dispositive power over 3,880,460.99 shares.
- The filing indicates that other persons have the right to receive or direct the sale of these securities, but no single other person holds more than five percent.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not contain operational or financial performance data.
Positives
- Significant institutional ownership reported by FMR LLC and Abigail P. Johnson, suggesting confidence in Chord Energy Corp.
- The reporting persons hold substantial dispositive power, indicating active management of their investment.
Negatives
- The filing does not provide specific details on the investment strategy or reasons for the ownership stake beyond routine reporting.
Risks
- The filing mentions that other persons have the right to receive or the power to direct the receipt of dividends or proceeds from the sale of securities, which could introduce complexity or potential conflicts if not managed transparently.
- While not explicitly stated as a risk in this filing, significant institutional ownership can sometimes lead to increased shareholder activism or pressure on management.
Future Outlook
This filing is a disclosure of current ownership and does not contain forward-looking statements or guidance regarding Chord Energy Corp's future performance.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson indicates a significant institutional investor's stake in Chord Energy Corp, a player in the energy sector. Such filings are common for large asset managers and highlight their investment positions.
Stakeholder Impact
- Shareholders: The filing confirms a substantial institutional investor's presence, which can influence market perception and potentially corporate governance discussions.
- Management: The ownership stake by FMR LLC and Abigail P. Johnson may lead to increased engagement or scrutiny from these significant investors.
Next Steps
- Continued monitoring of FMR LLC's and Abigail P. Johnson's ownership stake in Chord Energy Corp for any future changes or disclosures.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of Event Which Requires Filing of this Statement |
| 04/13/2026 | Effective date of Power of Attorney for FMR LLC and Abigail P. Johnson |
| 04/29/2026 | Date of prior Schedule 13G filing by FMR LLC referenced in Power of Attorney |
| 05/05/2026 | Date of joint filing agreement and signature date |
Keywords
Chord Energy Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing
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