About Chesapeake Granite Wash Trust (NYSE:CHKR)
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:
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: N/A
- Sector: Energy
- Symbol: NYSE:CHKR
- CUSIP: N/A
- Web: www.chkgranitewashtrust.com
Price-To-Earnings:Sales & Book Value:
- Annual Sales: $12.43 million
- Price / Sales: 8.27
- Cash Flow: $0.36 per share
- Price / Cash: 6.18
- Book Value: $0.91 per share
- Price / Book: 2.42
- Annual Dividend: $0.38
- Dividend Yield: 16.9%
- Trailing EPS: $0.28
- Net Income: $12.48 million
- Net Margins: 84.71%
- Return on Equity: 43.81%
- Return on Assets: 43.81%
- Outstanding Shares: 46,750,000
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 Tuesday, November 7th. Investors of record on Monday, November 20th will be given a dividend of $0.066 per share on Thursday, November 30th. This represents a $0.26 annualized dividend and a dividend yield of 12.00%. The ex-dividend date of this dividend is Friday, November 17th. View Chesapeake Granite Wash Trust's Dividend History.
How were Chesapeake Granite Wash Trust's earnings last quarter?
Chesapeake Granite Wash Trust (NYSE:CHKR) issued its earnings results on Wednesday, November, 8th. The oil and gas producer reported $0.10 earnings per share for the quarter. The oil and gas producer had revenue of $3.94 million for the quarter. Chesapeake Granite Wash Trust had a return on equity of 43.81% and a net margin of 84.71%. View Chesapeake Granite Wash Trust's Earnings History.
When will Chesapeake Granite Wash Trust make its next earnings announcement?
Who are some of Chesapeake Granite Wash Trust's key competitors?
Some companies that are related to Chesapeake Granite Wash Trust include Approach Resources (AREX), Exillon Energy Plc (EXI), Energy XXI Gulf Coast (EXXI), Crimson Exploration (CXPO), Pantheon Resources Plc (PANR), Eland Oil & Gas PLC (ELA), SandRidge Permian Trust (PER), Aminex PLC (AEX), LRR Energy LP (LRE), Legacy Reserves LP (LGCY), Transglobe Energy Corp (TGA), Jones Energy (JONE), Bellatrix Exploration Ltd (BXE), Rockhopper Exploration Plc (RKH), President Energy PLC (PPC), Enduro Royalty Trust (NDRO), Lekoil Ltd (LEK) and Comstock Resources (CRK).
Who owns Chesapeake Granite Wash Trust stock?
Who bought Chesapeake Granite Wash Trust stock? Who is buying Chesapeake Granite Wash Trust stock?
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 with access to the U.S. stock market 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 $2.20.
How big of a company is Chesapeake Granite Wash Trust?
Chesapeake Granite Wash Trust has a market capitalization of $102.85 million and generates $12.43 million in revenue each year. The oil and gas producer earns $12.48 million in net income (profit) each year or $0.28 on an earnings per share basis.
How can I contact Chesapeake Granite Wash Trust?
Chesapeake Granite Wash Trust's mailing address is 919 Congress Ave Ste 500, AUSTIN, TX 78701-2153, United States. The oil and gas producer can be reached via phone at +1-512-2366599 or via email at [email protected]
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.
Analysts' Consensus Rating for Chesapeake Granite Wash Trust (NYSE:CHKR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Chesapeake Granite Wash Trust (NYSE:CHKR)
Analysts' Ratings History for Chesapeake Granite Wash Trust (NYSE:CHKR)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for Chesapeake Granite Wash Trust (NYSE:CHKR)
Earnings History by Quarter for Chesapeake Granite Wash Trust (NYSE CHKR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/29/2018|| || || || || || || || |
|11/8/2017||Q3 2017||$0.10||$3.94 million||View||N/A|
|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|
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)
|Dividend Growth:||-46.40% (3 Year Average)|
|Payout Ratio:||135.71% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Chesapeake Granite Wash Trust (NYSE CHKR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Chesapeake Granite Wash Trust (NYSE CHKR)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Chesapeake Granite Wash Trust (NYSE CHKR)
Chesapeake Granite Wash Trust (NYSE CHKR) Chart for Monday, November, 20, 2017