Seven Best Small Company Stocks In Which To Invest -- Insider Monkey -- October 1, 2024

Locator: 48450CHORD.

Website is miserable -- cluttered with ads, pop-ups, etc. Whatever.

Of the thousands, tens of thousands of companies from which to choose, Chord Energy makes the top seven? Whoo-hoo. 

Link here. From the linked article:

The company has been actively strengthening its business as it seeks to improve revenue streams. It completed the acquisition of Enerplus, which was first announced in February, solidifying its presence in the Bakken region. This merger, valued at ~$11 billion, is expected to deliver increased annual synergies and enhance free cash flow. The transaction received shareholder approvals in mid-May, closing the deal officially at the end of May.

The revenue generated in the second quarter of 2024 was $1.26 billion, up 38.22% year-over-year. Integration is progressing well, exceeding synergy targets. By combining best practices and leveraging increased scale, management is confident in achieving synergies exceeding $200 million. The Williston Basin remains attractive due to its high oil cut, the company’s expertise, favorable conditions, and improved oil takeaway.

From this post:

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