Chord Energy Corporation (NASDAQ:CHRD) is among the 12 Best Oil and Gas Dividend Stocks to Buy Now for passive income investment. The company reported an adjusted free cash flow of approximately $291 million for the first quarter of 2025. CHRD maintained shareholder returns at 100% of free cash flow for the second consecutive quarter, repurchasing $216.5 million of its stock. Chord Energy also announced a dividend of $1.3 per share in May, equating to approximately $75 million. Since 2021, CHRD has returned $56 per share in dividends, more than half its current share price, showcasing its strong commitment to shareholders. With only $800 million in debt, most of which matures in the next decade, the company has the financial flexibility to sustain high returns over the coming years. As of the writing of this piece, Chord Energy Corporation (NASDAQ:CHRD) boasts an annual dividend yield of 6.29%. Chord Energy Corporation (NASDAQ:CHRD) is a scaled, unconventional US oil producer with a premier Williston Basin acreage position. While CHRD presents investment potential, certain AI stocks may offer greater upside potential and less downside risk. For those seeking an undervalued AI stock that stands to benefit from Trump-era tariffs and the onshoring trend, check out the best short-term AI stock.

Read more at Yahoo Finance: What Makes Chord Energy (CHRD) a Good Option for Passive Income Investment?