Chord Energy Sees Growing Institutional Support

Royal Bank of Canada increased its stake in Chord Energy Corporation by 119.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

The fund owned 36,579 shares of Chord Energy's stock after buying an additional 19,896 shares during the quarter.

This is just one example of institutional investors showing confidence in Chord Energy. Other hedge funds have also made significant changes to their positions in the company.