U.S. markets closed
  • S&P Futures

    3,752.25
    -4.50 (-0.12%)
     
  • Dow Futures

    29,965.00
    -17.00 (-0.06%)
     
  • Nasdaq Futures

    11,518.25
    -23.50 (-0.20%)
     
  • Russell 2000 Futures

    1,757.80
    -0.30 (-0.02%)
     
  • Crude Oil

    88.68
    +0.23 (+0.26%)
     
  • Gold

    1,721.00
    +0.20 (+0.01%)
     
  • Silver

    20.63
    -0.03 (-0.15%)
     
  • EUR/USD

    0.9798
    +0.0003 (+0.03%)
     
  • 10-Yr Bond

    3.8260
    +0.0670 (+1.78%)
     
  • Vix

    30.52
    +1.97 (+6.90%)
     
  • GBP/USD

    1.1150
    -0.0018 (-0.16%)
     
  • USD/JPY

    145.0010
    -0.0670 (-0.05%)
     
  • BTC-USD

    20,030.58
    -223.79 (-1.10%)
     
  • CMC Crypto 200

    455.80
    -7.32 (-1.58%)
     
  • FTSE 100

    6,997.27
    -55.35 (-0.78%)
     
  • Nikkei 225

    26,978.36
    -332.94 (-1.22%)
     

This Unknown Oil Company Is Turning into a Monster Dividend Stock

·4 min read
This Unknown Oil Company Is Turning into a Monster Dividend Stock

Most investors probably haven't heard of Chord Energy (NASDAQ: CHRD) yet. It's a relative newcomer to the fossil fuel sector, having been formed in early July by the merger of Whiting Petroleum and Oasis Petroleum. It recently revealed its updated capital plan, which included a massive dividend increase and signaled the potential for further boosts in the future that have the potential to turn it into a monster dividend stock.