SCHEDULE: FMR LLC Discloses 8.6% Stake in Chord Energy

FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 8.6% in Chord Energy Corp's common stock as of June 30, 2025.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 4,993,145.64 shares of Chord Energy Corp's common stock.
• This represents 8.6% of the total outstanding common stock.
• The filing is an Amendment No. 5 to a Schedule 13G, indicating a passive investment.
• FMR LLC holds sole voting power over 4,975,836.80 shares and sole dispositive power over 4,993,145.64 shares.
• Abigail P. Johnson holds sole dispositive power over 4,993,145.64 shares, with no sole or shared voting power.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Chord Energy Corp.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual.
• Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC beneficially owning 5% or greater of the outstanding shares.
• The Johnson family, including Abigail P. Johnson, are predominant owners of FMR LLC's Series B voting common shares, forming a controlling group over FMR LLC under the Investment Company Act of 1940.

Sentiment

Score: 5

Explanation: The filing is a neutral, factual disclosure of beneficial ownership, indicating a passive investment without explicit positive or negative operational or financial news.

Positives

• A significant institutional investor, FMR LLC, maintains a substantial stake, indicating continued confidence in Chord Energy Corp.
• The filing explicitly states the securities are held in the ordinary course of business and not for influencing control, suggesting a stable, passive investment.

Negatives

• No explicit negatives are detailed in this ownership disclosure filing.

Risks

• The filing notes that members of the Johnson family, including Abigail P. Johnson, may be deemed to form a controlling group with respect to FMR LLC due to their ownership of voting common shares and a shareholders' voting agreement. This is a structural disclosure related to the reporting entity's internal governance.

Future Outlook

NA

Industry Context

This filing indicates continued institutional interest in the energy sector, specifically in Chord Energy Corp, from a major asset manager like FMR LLC. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, potentially reinforcing confidence due to a large, passive investment by a reputable firm.

Key Dates

Keywords

Chord Energy Corp, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Energy Sector, SEC Filing