NYSE:CHKR

Stock Analysis Report

Chesapeake Granite Wash Trust

Executive Summary

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.

Rewards


Snowflake Analysis

Share Price & News

How has Chesapeake Granite Wash Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CHKR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.6%

CHKR

-1.0%

US Oil and Gas

-1.4%

US Market


1 Year Return

-63.1%

CHKR

-13.4%

US Oil and Gas

14.5%

US Market

Return vs Industry: CHKR underperformed the US Oil and Gas industry which returned -13.4% over the past year.

Return vs Market: CHKR underperformed the US Market which returned 14.5% over the past year.


Shareholder returns

CHKRIndustryMarket
7 Day-1.6%-1.0%-1.4%
30 Day-21.6%-5.2%1.3%
90 Day-13.5%-0.6%4.6%
1 Year-56.7%-63.1%-10.2%-13.4%17.1%14.5%
3 Year-65.6%-77.7%-13.3%-21.2%45.1%35.7%
5 Year-80.0%-91.3%-10.9%-24.2%67.1%48.6%

Price Volatility Vs. Market

How volatile is Chesapeake Granite Wash Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chesapeake Granite Wash Trust undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CHKR ($0.5) is trading below our estimate of fair value ($3.52)

Significantly Below Fair Value: CHKR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CHKR is good value based on its PE Ratio (2.8x) compared to the Oil and Gas industry average (9.9x).

PE vs Market: CHKR is good value based on its PE Ratio (2.8x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CHKR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CHKR is overvalued based on its PB Ratio (1x) compared to the US Oil and Gas industry average (0.8x).

Future Growth

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

15.5%

Forecasted Energy industry annual growth in earnings


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 SimplyWall St do have past financial data.

Past Performance

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

-50.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHKR has a high level of non-cash earnings.

Growing Profit Margin: CHKR's current net profit margins (81.3%) are lower than last year (90.6%).


Past Earnings Growth Analysis

Earnings Trend: CHKR's earnings have declined by -50.5% per year over the past 5 years.

Accelerating Growth: CHKR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CHKR had negative earnings growth (-29.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-15.6%).


Return on Equity

High ROE: CHKR's Return on Equity (37.1%) is considered high.


Return on Assets


Return on Capital Employed

Financial Health

How is Chesapeake Granite Wash Trust's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if CHKR's short term assets cover its short term liabilities.

Long Term Liabilities: CHKR has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CHKR is debt free.

Reducing Debt: CHKR had no debt 5 years ago.

Debt Coverage: CHKR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CHKR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CHKR has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CHKR's debt is covered by short term assets.

Dividend

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

45.03%

Current Dividend Yield


Dividend Yield vs Market

company45.0%marketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: CHKR's dividend (45.03%) is higher than the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: CHKR's dividend (45.03%) is in the top 25% of dividend payers in the US market (3.71%)


Stability and Growth of Payments

Stable Dividend: CHKR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CHKR has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (91%), CHKR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

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


CEO

Chesapeake Granite Wash Trust has no CEO, or we have no data on them.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team


    Board Members

      Company Information

      Chesapeake Granite Wash Trust's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Chesapeake Granite Wash Trust
      • Ticker: CHKR
      • Exchange: NYSE
      • Founded: 2011
      • Industry: Oil and Gas Exploration and Production
      • Sector: Energy
      • Market Cap: US$23.260m
      • Shares outstanding: 46.75m
      • Website: https://www.chkgranitewashtrust.com

      Location

      • Chesapeake Granite Wash Trust
      • 601 Travis Street
      • Floor 16
      • Houston
      • Texas
      • 77002
      • United States

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      CHKRNYSE (New York Stock Exchange)YesCommon UnitsUSUSDNov 2011
      CWGDB (Deutsche Boerse AG)YesCommon UnitsDEEURNov 2011

      Biography

      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 Oklah ...


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2019/12/06 00:29
      End of Day Share Price2019/12/05 00:00
      Earnings2019/09/30
      Annual Earnings2018/12/31


      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.