Shares of Chord Energy Co. (OTCMKTS:WLLAW – Get Free Report) shot up 0.7% during trading on Thursday . The stock traded as high as $22.98 and last traded at $22.00. Approximately 67,900 shares traded hands during trading, an increase of 499% from the average daily volume of 11,344 shares. The stock had previously closed at $21.85.
Chord Energy Stock Up 0.7%
The firm’s fifty day moving average is $22.00 and its two-hundred day moving average is $22.00.
Chord Energy Company Profile
Chord Energy Inc, formerly Whiting Petroleum Corporation, is an independent oil and gas exploration and production company. Headquartered in Denver, Colorado, the company focuses on the acquisition, development, and production of crude oil, natural gas, and natural gas liquids. Chord Energy operates primarily in the Permian Basin across West Texas and southeastern New Mexico, as well as in the Williston Basin in North Dakota and Montana.
After emerging from a financial restructuring process in 2020, the company rebranded as Chord Energy in March 2022 to reflect its renewed strategic focus.
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