BlackRock, Inc. Increases Stake in Chord Energy Corp to 10.7%
On April 7, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant increase in its position in Chord Energy Corp (CHRD). As of the event date on March 31, 2026, BlackRock disclosed beneficial ownership of 6,068,425 shares of common stock, representing a 10.7% ownership stake in the company. This filing marks an amendment to previous disclosures, indicating a substantial rise from a prior reported ownership of 0.0 shares. BlackRock holds sole dispositive power over all 6,068,425 shares and sole voting power over 5,919,607 shares. The filing specifies that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are identified as part of the reporting group. This accumulation of shares positions BlackRock as a major institutional shareholder in the Houston-based energy corporation.