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Chesapeake Granite Wash Trust

NYSE:CHKR
Snowflake Description

Good value with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHKR
NYSE
$60M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The last earnings update was 6 days ago. More info.


Add to Portfolio Compare Print
  • Chesapeake Granite Wash Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Chesapeake Granite Wash Trust has significant price volatility in the past 3 months.
CHKR Share Price and Events
7 Day Returns
-5.2%
NYSE:CHKR
0.4%
US Oil and Gas
-0.7%
US Market
1 Year Returns
-24.1%
NYSE:CHKR
-16.7%
US Oil and Gas
3%
US Market
CHKR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chesapeake Granite Wash Trust (CHKR) -5.2% -8.5% -15.1% -24.1% -34.2% -87.6%
US Oil and Gas 0.4% -4.6% -2.2% -16.7% -0.1% -32.7%
US Market -0.7% -2% 2.4% 3% 39.2% 42%
1 Year Return vs Industry and Market
  • CHKR underperformed the Oil and Gas industry which returned -16.7% over the past year.
  • CHKR underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
CHKR
Industry
5yr Volatility vs Market

CHKR Value

 Is Chesapeake Granite Wash Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chesapeake Granite Wash Trust to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chesapeake Granite Wash Trust.

NYSE:CHKR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-03-31) in USD $ .226000
Payout Ratio Company Filings (2019-03-31) 0%
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:CHKR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.9
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.901 (1 + (1- 21%) (0.46%))
1.142
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.14
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.142 * 5.96%)
9.54%

Discounted Cash Flow Calculation for NYSE:CHKR using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Chesapeake Granite Wash Trust is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:CHKR Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.23 / (9.54% - 2.73%)
$3.32
NYSE:CHKR Discount to Share Price
Calculation Result
Value per share (USD) From above. $3.32
Current discount Discount to share price of $1.29
= -1 x ($1.29 - $3.32) / $3.32
61.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Chesapeake Granite Wash Trust is available for.
Intrinsic value
>50%
Share price is $1.29 vs Future cash flow value of $3.32
Current Discount Checks
For Chesapeake Granite Wash Trust to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Chesapeake Granite Wash Trust's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Chesapeake Granite Wash Trust's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chesapeake Granite Wash Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chesapeake Granite Wash Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:CHKR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.23
NYSE:CHKR Share Price ** NYSE (2019-05-17) in USD $1.29
United States of America Oil and Gas Industry PE Ratio Median Figure of 100 Publicly-Listed Oil and Gas Companies 12.94x
United States of America Market PE Ratio Median Figure of 3,088 Publicly-Listed Companies 17.89x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chesapeake Granite Wash Trust.

NYSE:CHKR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CHKR Share Price ÷ EPS (both in USD)

= 1.29 ÷ 0.23

5.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Granite Wash Trust is good value based on earnings compared to the US Oil and Gas industry average.
  • Chesapeake Granite Wash Trust is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Chesapeake Granite Wash Trust's expected growth come at a high price?
Raw Data
NYSE:CHKR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 75 Publicly-Listed Oil and Gas Companies 0.51x
United States of America Market PEG Ratio Median Figure of 2,117 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chesapeake Granite Wash Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chesapeake Granite Wash Trust's assets?
Raw Data
NYSE:CHKR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.50
NYSE:CHKR Share Price * NYSE (2019-05-17) in USD $1.29
United States of America Oil and Gas Industry PB Ratio Median Figure of 194 Publicly-Listed Oil and Gas Companies 1.05x
United States of America Market PB Ratio Median Figure of 5,195 Publicly-Listed Companies 1.83x
NYSE:CHKR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CHKR Share Price ÷ Book Value per Share (both in USD)

= 1.29 ÷ 0.50

2.57x

* Primary Listing of Chesapeake Granite Wash Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Granite Wash Trust is overvalued based on assets compared to the US Oil and Gas industry average.
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Value checks
We assess Chesapeake Granite Wash Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Chesapeake Granite Wash Trust has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CHKR Future Performance

 How is Chesapeake Granite Wash Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chesapeake Granite Wash Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.9%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chesapeake Granite Wash Trust expected to grow at an attractive rate?
  • Unable to compare Chesapeake Granite Wash Trust's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Chesapeake Granite Wash Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Chesapeake Granite Wash Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:CHKR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:CHKR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:CHKR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 12 11
2018-12-31 13 11
2018-09-30 13 12
2018-06-30 14 12
2018-03-31 15 14
2017-12-31 15 13
2017-09-30 15 13
2017-06-30 14 12
2017-03-31 12 10
2016-12-31 12 12
2016-09-30 14 21
2016-06-30 18 31

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Chesapeake Granite Wash Trust is high growth as no earnings estimate data is available.
  • Unable to determine if Chesapeake Granite Wash Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:CHKR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Chesapeake Granite Wash Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CHKR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.23
2018-12-31 0.24
2018-09-30 0.25
2018-06-30 0.27
2018-03-31 0.30
2017-12-31 0.28
2017-09-30 0.28
2017-06-30 0.26
2017-03-31 0.22
2016-12-31 0.27
2016-09-30 0.45
2016-06-30 0.66

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chesapeake Granite Wash Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Chesapeake Granite Wash Trust is trading at Chesapeake Granite Wash Trust'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Chesapeake Granite Wash Trust's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Chesapeake Granite Wash Trust's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Chesapeake Granite Wash Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chesapeake Granite Wash Trust has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CHKR Past Performance

  How has Chesapeake Granite Wash Trust performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chesapeake Granite Wash Trust's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chesapeake Granite Wash Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Chesapeake Granite Wash Trust's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Chesapeake Granite Wash Trust's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
Chesapeake Granite Wash Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chesapeake Granite Wash Trust Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CHKR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 12.06 10.57 1.39
2018-12-31 12.63 11.30 1.33
2018-09-30 13.10 11.87 1.23
2018-06-30 13.90 12.46 1.43
2018-03-31 15.07 13.79 1.28
2017-12-31 15.00 13.31 1.69
2017-09-30 14.95 13.24 1.70
2017-06-30 13.72 12.30 1.42
2017-03-31 11.63 10.19 1.44
2016-12-31 11.98 12.49 1.61
2016-09-30 14.09 20.81 1.75
2016-06-30 18.20 30.78 1.76
2016-03-31 24.16 43.05 1.66
2015-12-31 35.70 53.32 1.47
2015-09-30 50.64 59.79 1.25
2015-06-30 67.11 67.57 1.69
2015-03-31 83.76 76.52 1.43
2014-12-31 94.08 83.98 1.37
2014-09-30 100.14 89.57 1.35
2014-06-30 104.29 95.11 1.29
2014-03-31 108.73 100.20 1.39
2013-12-31 111.79 104.87 1.44
2013-09-30 110.82 106.15 1.76
2013-06-30 113.72 107.30 1.87
2013-03-31 118.19 110.39 1.74
2012-12-31 124.63 116.51 1.73
2012-06-30 97.51 91.94 1.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Chesapeake Granite Wash Trust made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Chesapeake Granite Wash Trust used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Chesapeake Granite Wash Trust's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Chesapeake Granite Wash Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chesapeake Granite Wash Trust has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CHKR Health

 How is Chesapeake Granite Wash Trust's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chesapeake Granite Wash Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chesapeake Granite Wash Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chesapeake Granite Wash Trust's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Chesapeake Granite Wash Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chesapeake Granite Wash Trust Company Filings, last reported 1 month ago.

NYSE:CHKR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 23.44 0.28 1.32
2018-12-31 24.38 0.00 1.34
2018-09-30 25.17 0.00 1.29
2018-06-30 26.26 0.00 1.62
2018-03-31 26.62 0.00 1.10
2017-12-31 27.60 0.00 2.07
2017-09-30 28.66 0.00 1.36
2017-06-30 29.73 0.00 1.40
2017-03-31 30.59 0.00 1.07
2016-12-31 31.94 0.00 1.22
2016-09-30 32.97 0.00 1.20
2016-06-30 43.13 0.00 1.43
2016-03-31 44.06 0.00 1.01
2015-12-31 63.22 0.18 1.15
2015-09-30 100.06 0.00 1.33
2015-06-30 140.66 0.00 1.40
2015-03-31 192.01 0.00 1.21
2014-12-31 256.60 0.00 1.11
2014-09-30 266.76 0.00 1.26
2014-06-30 274.96 0.00 1.10
2014-03-31 290.25 0.00 1.12
2013-12-31 310.22 0.00 1.14
2013-09-30 326.78 0.00 1.41
2013-06-30 349.24 0.00 1.23
2013-03-31 370.18 0.00 1.19
2012-12-31 421.54 0.00 1.16
2012-06-30 456.42 0.00 1.08
  • Chesapeake Granite Wash Trust's level of debt (1.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 1.2% today).
  • Unable to verify if debt is well covered by operating cash flow as Chesapeake Granite Wash Trust has not reported sufficient balance sheet data.
  • Unable to confirm if the interest payments on Chesapeake Granite Wash Trust's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Chesapeake Granite Wash Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chesapeake Granite Wash Trust has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CHKR Dividends

 What is Chesapeake Granite Wash Trust's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
17.52%
Current annual income from Chesapeake Granite Wash Trust dividends.
If you bought $2,000 of Chesapeake Granite Wash Trust shares you are expected to receive $350 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Chesapeake Granite Wash Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Chesapeake Granite Wash Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:CHKR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2000 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:CHKR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-04 0.226 15.422
2018-02-06 0.345 22.505
2017-03-30 0.291 13.079
2016-05-06 0.161 7.054
2016-02-04 0.878 30.772
2015-11-05 1.293 38.977
2015-08-06 1.432 27.447
2015-05-07 1.560 22.333
2015-03-12 1.798 24.554
2014-03-14 2.710 30.685
2013-03-15 2.569 19.422
2012-11-07 2.520 14.092
2012-08-10 2.440 11.708
2012-05-10 2.635 12.896

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Granite Wash Trust has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Chesapeake Granite Wash Trust has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Chesapeake Granite Wash Trust's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Income/ dividend checks
We assess Chesapeake Granite Wash Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chesapeake Granite Wash Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chesapeake Granite Wash Trust has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CHKR Management

 What is the CEO of Chesapeake Granite Wash Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Chesapeake Granite Wash Trust has no CEO, or we have no data on them.
Management Team
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
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Management checks
We assess Chesapeake Granite Wash Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chesapeake Granite Wash Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CHKR News

Simply Wall St News

Chesapeake Granite Wash Trust (NYSE:CHKR) Delivered A Better ROE Than The Industry, Here’s Why

and want a simplistic look at the return on Chesapeake Granite Wash Trust (NYSE:CHKR) stock. … With an ROE of 51.82%, Chesapeake Granite Wash Trust (NYSE:CHKR) outpaced its own industry which delivered a less exciting 11.31% over the past year. … With more debt, CHKR can invest even more and earn more money, thus pushing up its returns.

Simply Wall St -

June Undervalued Energy Stock Picks

Undervalued energy companies, such as Chesapeake Granite Wash Trust and Pacific Coast Oil Trust, trade at a price less than their true values. … Chesapeake Granite Wash Trust was formed in 2011 and has a market cap of USD $74.80M, putting it in the small-cap group. … Continue research on Chesapeake Granite Wash Trust here.

Simply Wall St -

Top 3 Undervalued Stocks For The Month

Undervalued companies, such as Chesapeake Granite Wash Trust and Micron Technology, are those that trade at a price below their actual values. … Chesapeake Granite Wash Trust (NYSE:CHKR) Chesapeake Granite Wash Trust owns royalty interests in the oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. … Chesapeake Granite Wash Trust was established in 2011 and with the company's market capitalisation at USD $77.14M, we can put it in the small-cap group.

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Chesapeake Granite Wash Trust (NYSE:CHKR): How Does It Impact Your Portfolio?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Chesapeake Granite Wash Trust's beta of 0.58 indicates that the stock value will be less variable compared to the whole stock market. … CHKR’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.

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Did Chesapeake Granite Wash Trust's (NYSE:CHKR) Recent Earnings Growth Beat The Trend?

For Chesapeake Granite Wash Trust, its most recent earnings (trailing twelve month) is US$13.79M, which, in comparison to last year’s figure, has moved up by 35.38%. … Given that these figures may be fairly short-term thinking, I’ve calculated an annualized five-year value for Chesapeake Granite Wash Trust's earnings, which stands at US$65.16M This suggests that, though earnings growth from last year was positive, over time, Chesapeake Granite Wash Trust's earnings have been falling on average. … This suggests that, in the recent industry expansion, Chesapeake Granite Wash Trust is capable of leveraging this to its advantage.What does this mean?

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Should You Be Tempted To Buy Chesapeake Granite Wash Trust (NYSE:CHKR) At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CHKR Price per share = $1.75 Earnings per share = $0.295 ∴ Price-Earnings Ratio = $1.75 ÷ $0.295 = 5.9x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared lower risk firms with CHKR, then investors would naturally value CHKR at a lower price since it is a riskier investment. … Similarly, if you accidentally compared higher growth firms with CHKR, investors would also value CHKR at a lower price since it is a lower growth investment.

Simply Wall St -

Best Undervalued Stock in April

Chesapeake Granite Wash Trust and Rocky Brands are two of the companies on my list that I consider are undervalued. … Chesapeake Granite Wash Trust was established in 2011 and with the company's market capitalisation at USD $65.45M, we can put it in the small-cap group. … Interested in Chesapeake Granite Wash Trust?

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What is Behind Chesapeake Granite Wash Trust's (NYSE:CHKR) Superior ROE?

See our latest analysis for Chesapeake Granite Wash Trust Breaking down ROE — the mother of all ratios Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Since Chesapeake Granite Wash Trust’s return covers its cost in excess of 37.95%, its use of equity capital is efficient and likely to be sustainable. … Currently, Chesapeake Granite Wash Trust has no debt which means its returns are driven purely by equity capital.

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Should You Have Chesapeake Granite Wash Trust's (NYSE:CHKR) In Your Portfolio?

CHKR’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … A market capitalisation of US$82.64M puts CHKR in the category of small-cap stocks, which tends to possess higher beta than larger companies. … This is an interesting conclusion, since both CHKR’s size and industry indicates the stock should have a higher beta than it currently has.

Simply Wall St -

Oil & Gas Stocks: Is Now The Time To Buy Chesapeake Granite Wash Trust (NYSE:CHKR)?

See our latest analysis for Chesapeake Granite Wash Trust What’s the catalyst for Chesapeake Granite Wash Trust's sector growth? … Chesapeake Granite Wash Trust lags the pack with its negative growth rate of -36.36% over the past year, which indicates the company has been growing at a slower pace than its energy peers. … In terms of returns, Chesapeake Granite Wash Trust generated 46.21% in the past year, which is 36.09% over the oil and gas sector.

Simply Wall St -

CHKR Company Info

Description

Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of Western Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells, and in approximately 26,400 net acres of area. As of December 31, 2018, its reserve estimates for the royalty interests included 5,075 thousand barrels of oil equivalent of proved developed reserves. The company was founded in 2011 and is based in Houston, Texas.

Details
Name: Chesapeake Granite Wash Trust
CHKR
Exchange: NYSE
Founded: 2011
$60,307,500
46,750,000
Website: http://www.chkgranitewashtrust.com
Address: Chesapeake Granite Wash Trust
601 Travis Street,
Floor 16,
Houston,
Texas, 77002,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CHKR Common Units New York Stock Exchange US USD 11. Nov 2011
DB CWG Common Units Deutsche Boerse AG DE EUR 11. Nov 2011
Number of employees
Current staff
Staff numbers
0
Chesapeake Granite Wash Trust employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 02:47
End of day share price update: 2019/05/17 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.