Chesapeake Granite Wash Trust Company Profile (NYSE:CHKR)

About Chesapeake Granite Wash Trust (NYSE:CHKR)

Chesapeake Granite Wash Trust logoChesapeake 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?

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)
Community Ranking:  0.6 out of 5 ()
Outperform Votes:  12 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  103
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.

Analyst Ratings

Consensus Ratings for Chesapeake Granite Wash Trust (NYSE:CHKR) (How are Consensus Ratings Calculated?)
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)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Chesapeake Granite Wash Trust (NYSE:CHKR)
Earnings by Quarter for Chesapeake Granite Wash Trust (NYSE:CHKR)
Earnings History by Quarter for Chesapeake Granite Wash Trust (NYSE CHKR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/6/2015Q2 2015$0.37$0.39$14.59 million$8.24 millionViewN/AView Earnings Details
11/6/2014Q3 2014$0.59$0.58$21.41 million$23.61 millionViewN/AView Earnings Details
8/7/2014Q2 2014$0.60$0.65$20.84 million$25.33 millionViewN/AView Earnings Details
5/9/2013Q1 2013$0.69$0.67ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Chesapeake Granite Wash Trust (NYSE:CHKR)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

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 Payments by Quarter for Chesapeake Granite Wash Trust (NYSE:CHKR)

Dividend History by Quarter for Chesapeake Granite Wash Trust (NYSE CHKR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2017quarterly$0.1015.76%5/18/20175/22/20176/1/2017
2/6/2017quarterly$0.0912.06%2/15/20172/20/20173/2/2017
11/11/2016quarterly$0.0916.32%11/17/201611/21/201612/1/2016
8/5/2016quarterly$0.0714.12%8/17/20168/19/20168/29/2016
5/6/2016quarterly$0.045.95%5/18/20165/20/20165/31/2016
2/4/2016quarterly$0.2242.53%2/17/20162/19/20162/29/2016
11/5/2015quarterly$0.3222.72%11/17/201511/19/201511/30/2015
8/6/2015quarterly$0.3624.51%8/17/20158/19/20158/31/2015
5/8/2015quarterly$0.3918.81%5/18/20155/20/20156/1/2015
2/6/2015quarterly$0.4524.91%2/17/20152/19/20153/2/2015
11/6/2014quarterly$0.5119.4%11/17/201411/19/201412/1/2014
8/7/2014quarterly$0.5820.34%8/15/20148/19/20148/29/2014
5/8/2014quarterly$0.6522.31%5/16/20145/20/20145/30/2014
2/7/2014quarterly$0.6621.59%2/14/20142/19/20143/3/2014
11/7/2013quarterly$0.6720.62%11/15/201311/19/201311/29/2013
8/8/2013quarterly$0.6917.07%8/15/20138/19/20138/29/2013
5/9/2013quarterly$0.6916.42%5/17/20135/21/20135/31/2013
2/8/2013quarterly$0.6714.26%2/14/20132/19/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Chesapeake Granite Wash Trust (NYSE:CHKR)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Chesapeake Granite Wash Trust (NYSE:CHKR)
Latest Headlines for Chesapeake Granite Wash Trust (NYSE:CHKR)
Source:
DateHeadline
americanbankingnews.com logoAnalyzing Vaalco Energy (EGY) and Chesapeake Granite Wash Trust (CHKR)
www.americanbankingnews.com - June 30 at 2:09 PM
americanbankingnews.com logoContrasting Callon Petroleum Company (CPE) & Chesapeake Granite Wash Trust (CHKR)
www.americanbankingnews.com - June 17 at 8:32 PM
benzinga.com logoMid-Morning Market Update: Markets Mostly Flat; H & R Block Profit Tops Views - Benzinga
www.benzinga.com - June 14 at 5:05 PM
finance.yahoo.com logoChesapeake Granite Wash Trust: Strong price momentum but will it sustain?
finance.yahoo.com - June 14 at 5:05 PM
finance.yahoo.com logoChesapeake Granite Wash Trust :CHKR-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 12:05 PM
nasdaq.com logoChesapeake Granite Wash Trust (CHKR) Ex-Dividend Date Scheduled for May 18, 2017 - Nasdaq
www.nasdaq.com - May 18 at 4:15 PM
prnewswire.com logoChesapeake Granite Wash Trust Announces Distribution Of $0.1005 Per Common Unit - PR Newswire (press release)
www.prnewswire.com - May 5 at 4:29 PM
finance.yahoo.com logoChesapeake Granite Wash Trust Announces Distribution Of $0.1005 Per Common Unit
finance.yahoo.com - May 5 at 4:29 PM
americanbankingnews.com logoChesapeake Granite Wash Trust (chkr) to Issue Dividend of $0.10
www.americanbankingnews.com - May 5 at 4:18 PM
finance.yahoo.com logoChesapeake Granite Wash Trust :CHKR-US: Earnings Analysis: Q4, 2016 By the Numbers : April 4, 2017
finance.yahoo.com - April 7 at 8:58 AM
nasdaq.com logoChesapeake Granite Wash Trust (CHKR) Ex-Dividend Date Scheduled for February 15, 2017 - Nasdaq
www.nasdaq.com - February 16 at 4:21 PM
seekingalpha.com logoChesapeake Granite Wash Trust - Irrational Price Spike, Time To Sell?
seekingalpha.com - February 16 at 9:55 AM
finance.yahoo.com logoChesapeake Granite Wash Trust Announces Distribution Of $0.0912 Per Common Unit
finance.yahoo.com - February 6 at 9:20 PM
finance.yahoo.com logo4:31 pm Chesapeake Granite Wash increases quarterly distribution to $0.0912 per common unit from $0.0857 per common unit
finance.yahoo.com - February 6 at 9:20 PM
nasdaq.com logoMid-Day Market Update: Dow Falls Over 150 Points; Calithera Biosciences Shares Spike Higher - Nasdaq
www.nasdaq.com - January 31 at 3:12 AM
fool.com logoChesapeake Granite Wash Trust CHKR
www.fool.com - December 8 at 10:05 PM

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Chart

Chesapeake Granite Wash Trust (CHKR) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff