Chesapeake Granite Wash Trust (the Trust) is a trust formed to own royalty interests for the benefit of Trust unit holders. The royalty interests held by the Trust (Royalty Interests) are derived from Chesapeake Energy Corporation's (Chesapeake) interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County. Chesapeake conveyed the Royalty Interests to the Trust from its interests in approximately 70 existing horizontal wells (Producing Wells) and Chesapeake's interests in over 120 horizontal development wells (Development Wells) to be drilled on properties within the Area of Mutual Interest (AMI). The AMI lies within Washita County in western Oklahoma and is limited to Colony Granite Wash formation, where Chesapeake holds approximately 40,500 gross acres. Chesapeake has drilled and completed over 90 wells within the AMI. The Colony Granite Wash is located at the eastern end of Des Moines-age granite wash fields.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production - NEC
- Sub-Industry: N/A
- Symbol: NYSE:CHKR
- CUSIP: N/A
- Web: www.chkgranitewashtrust.com
Capitalization:- Market Cap: $83.36 million
- Outstanding Shares: 46,750,000
Average Prices:- 50 Day Moving Avg: $2.37
- 200 Day Moving Avg: $2.64
- 52 Week Range: $1.96 - $3.85
P/E:- Trailing P/E Ratio: 10.78
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $11.63 million
- Price / Sales: 9.45
- Book Value: $0.65 per share
- Price / Book: 3.62
Dividend:- Annual Dividend: $0.40
- Dividend Yield: 16.9%
Profitability:- Net Margins: 84.03%
- Return on Equity: 31.59%
- Return on Assets: 31.59%
Misc:- Average Volume: 81,365 shs.
- Beta: 0.47
- Short Ratio: 2.04
Frequently Asked Questions for Chesapeake Granite Wash Trust (NYSE:CHKR)
What is Chesapeake Granite Wash Trust's stock symbol?
Chesapeake Granite Wash Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHKR."
How often does Chesapeake Granite Wash Trust pay dividends? What is the dividend yield for Chesapeake Granite Wash Trust?
Chesapeake Granite Wash Trust announced a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 22nd will be paid a dividend of $0.101 per share on Thursday, June 1st. This represents a $0.40 annualized dividend and a dividend yield of 17.19%. The ex-dividend date is Thursday, May 18th. This is a positive change from Chesapeake Granite Wash Trust's previous quarterly dividend of $0.09. View Chesapeake Granite Wash Trust's Dividend History.
How were Chesapeake Granite Wash Trust's earnings last quarter?
Chesapeake Granite Wash Trust (NYSE:CHKR) announced its quarterly earnings data on Thursday, August, 6th. The company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. The business had revenue of $8.24 million for the quarter, compared to the consensus estimate of $14.59 million. Chesapeake Granite Wash Trust had a net margin of 84.03% and a return on equity of 31.59%. View Chesapeake Granite Wash Trust's Earnings History.
Who are some of Chesapeake Granite Wash Trust's key competitors?
Some companies that are related to Chesapeake Granite Wash Trust include Contango Oil & Gas Company (MCF), SandRidge Permian Trust (PER), UK Oil & Gas Investments PLC (UKOG), Bellatrix Exploration Ltd (BXE), LRR Energy LP (LRE), Enduro Royalty Trust (NDRO), Comstock Resources (CRK), Pantheon Resources Plc (PANR), Jones Energy (JONE), Aminex plc (AEX), Transglobe Energy Corp (TGA), Providence Resources PLC (PVR), Eland Oil & Gas PLC (ELA), Rockhopper Exploration Plc (RKH), Savannah Petroleum PLC (SAVP), Lekoil Ltd (LEK), Legacy Reserves LP (LGCY) and BowLeven PLC (BLVN).
How do I buy Chesapeake Granite Wash Trust stock?
Shares of Chesapeake Granite Wash Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chesapeake Granite Wash Trust's stock price today?
One share of Chesapeake Granite Wash Trust stock can currently be purchased for approximately $2.35.
MarketBeat Community Rating for Chesapeake Granite Wash Trust (NYSE CHKR)MarketBeat's community ratings are surveys of what our community members think about Chesapeake Granite Wash Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Chesapeake Granite Wash Trust (NYSE:CHKR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Chesapeake Granite Wash Trust (NYSE:CHKR)
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No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Chesapeake Granite Wash Trust (NYSE:CHKR)Earnings History by Quarter for Chesapeake Granite Wash Trust (NYSE CHKR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/6/2015 | Q2 2015 | $0.37 | $0.39 | $14.59 million | $8.24 million | View | N/A |  |
| 11/6/2014 | Q3 2014 | $0.59 | $0.58 | $21.41 million | $23.61 million | View | N/A | |
| 8/7/2014 | Q2 2014 | $0.60 | $0.65 | $20.84 million | $25.33 million | View | N/A | |
| 5/9/2013 | Q1 2013 | $0.69 | $0.67 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Chesapeake Granite Wash Trust (NYSE:CHKR)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Chesapeake Granite Wash Trust (NYSE:CHKR)| Most Recent Dividend: | 6/1/2017 |
| Annual Dividend: | $0.40 |
| Dividend Yield: | 17.02% |
| Dividend Growth: | -46.40% (3 Year Average) |
| Payout Ratio: | 137.94% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for Chesapeake Granite Wash Trust (NYSE CHKR)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/4/2017 | quarterly | $0.10 | 15.76% | 5/18/2017 | 5/22/2017 | 6/1/2017 |
| 2/6/2017 | quarterly | $0.09 | 12.06% | 2/15/2017 | 2/20/2017 | 3/2/2017 |
| 11/11/2016 | quarterly | $0.09 | 16.32% | 11/17/2016 | 11/21/2016 | 12/1/2016 |
| 8/5/2016 | quarterly | $0.07 | 14.12% | 8/17/2016 | 8/19/2016 | 8/29/2016 |
| 5/6/2016 | quarterly | $0.04 | 5.95% | 5/18/2016 | 5/20/2016 | 5/31/2016 |
| 2/4/2016 | quarterly | $0.22 | 42.53% | 2/17/2016 | 2/19/2016 | 2/29/2016 |
| 11/5/2015 | quarterly | $0.32 | 22.72% | 11/17/2015 | 11/19/2015 | 11/30/2015 |
| 8/6/2015 | quarterly | $0.36 | 24.51% | 8/17/2015 | 8/19/2015 | 8/31/2015 |
| 5/8/2015 | quarterly | $0.39 | 18.81% | 5/18/2015 | 5/20/2015 | 6/1/2015 |
| 2/6/2015 | quarterly | $0.45 | 24.91% | 2/17/2015 | 2/19/2015 | 3/2/2015 |
| 11/6/2014 | quarterly | $0.51 | 19.4% | 11/17/2014 | 11/19/2014 | 12/1/2014 |
| 8/7/2014 | quarterly | $0.58 | 20.34% | 8/15/2014 | 8/19/2014 | 8/29/2014 |
| 5/8/2014 | quarterly | $0.65 | 22.31% | 5/16/2014 | 5/20/2014 | 5/30/2014 |
| 2/7/2014 | quarterly | $0.66 | 21.59% | 2/14/2014 | 2/19/2014 | 3/3/2014 |
| 11/7/2013 | quarterly | $0.67 | 20.62% | 11/15/2013 | 11/19/2013 | 11/29/2013 |
| 8/8/2013 | quarterly | $0.69 | 17.07% | 8/15/2013 | 8/19/2013 | 8/29/2013 |
| 5/9/2013 | quarterly | $0.69 | 16.42% | 5/17/2013 | 5/21/2013 | 5/31/2013 |
| 2/8/2013 | quarterly | $0.67 | 14.26% | 2/14/2013 | 2/19/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Chesapeake Granite Wash Trust (NYSE:CHKR)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Chesapeake Granite Wash Trust (NYSE:CHKR)
Latest Headlines for Chesapeake Granite Wash Trust (NYSE:CHKR)
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Chesapeake Granite Wash Trust (CHKR) Chart for Friday, July, 21, 2017
