Chord Energy Corp (CHRD) sees 3.2% stake reported by Key Group and Jagwani
Rhea-AI Filing Summary
Chord Energy Corp received an amended Schedule 13G filing reporting that Key Group Long Term Investments LP and Sunil Jagwani together beneficially own 1,789,750 shares of Chord Energy common stock. This represents 3.2% of the outstanding common shares.
Both reporting persons have shared voting and dispositive power over all 1,789,750 shares and no sole voting or dispositive power. Each reporting person disclaims beneficial ownership beyond their pecuniary interest, and the filing notes ownership of 5 percent or less of the class.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 1,789,750 shares
Percent of class: 3.2%
Shared voting power: 1,789,750 shares
+2 more
5 metrics
Shares beneficially owned
1,789,750 shares
Beneficially owned by each reporting person
Percent of class
3.2%
Portion of Chord Energy common stock class owned
Shared voting power
1,789,750 shares
Shares over which reporting persons share voting power
Sole voting power
0 shares
Shares with sole voting power for each reporting person
Shared dispositive power
1,789,750 shares
Shares over which reporting persons share dispositive power
Key Terms
Schedule 13G, beneficially owned, shared voting power, shared dispositive power, +1 more
5 terms
Schedule 13G regulatory
"This is an amended Schedule 13G filing reporting ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: Key Group Long Term Investments LP - 1,789,750"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
pecuniary interest financial
"disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest"
FAQ
What ownership stake in CHRD is reported by Key Group Long Term Investments LP?
Key Group Long Term Investments LP reports beneficial ownership of 1,789,750 shares of Chord Energy Corp common stock, representing 3.2% of the class. The firm has shared voting and dispositive power over all these shares and no sole power.
What is Sunil Jagwani’s reported ownership in Chord Energy Corp (CHRD)?
Sunil Jagwani reports beneficial ownership of 1,789,750 shares of Chord Energy common stock, or 3.2% of the class. He shares voting and dispositive power over all these shares and holds no sole voting or dispositive authority.
Does this Schedule 13G/A show more than 5% ownership of CHRD?
No, the filing reports ownership of 3.2% of Chord Energy’s common stock, which is 5 percent or less of the class. The Item 5 disclosure confirms ownership of 5 percent or less for the applicable reporting person(s).
Who are the reporting persons in this CHRD Schedule 13G/A Amendment No. 1?
The reporting persons are Key Group Long Term Investments LP and Sunil Jagwani. Both report beneficial ownership of the same 1,789,750 Chord Energy shares with shared voting and dispositive power and provide Bahamian and Indian citizenship details, respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.