Chord Energy down on dividend date as oil swings
Chord Energy shares dropped over 2% Friday morning as the oil producer hit its quarterly dividend payment date and crude prices gave up some gains. The stock traded at $136.50, off $3.57, or 2.55%. It started the session at $139.85 and moved in a range from $136.18 to $140.93, SoFi market data showed. Volume stayed light compared to its average, so the early slip could shift as trading goes on.