According to Zacks, “Chaparral Energy, Inc. engages in the oil and natural gas exploration and production. It focuses on deposits of Stack, Meramec and Osage, Oswego, and Woodford located in Oklahoma and the Texas Panhandle. Chaparral Energy, Inc. is headquartered in Oklahoma City, OK. “
Several other analysts have also weighed in on CHAP. ValuEngine raised Chaparral Energy from a sell rating to a hold rating in a research note on Wednesday, October 30th. Roth Capital reduced their price objective on Chaparral Energy from $16.00 to $9.00 in a research note on Wednesday, October 9th.
NYSE:CHAP traded down $0.03 during trading hours on Wednesday, hitting $0.82. The company’s stock had a trading volume of 210,911 shares, compared to its average volume of 354,369. The stock has a fifty day simple moving average of $1.07 and a 200-day simple moving average of $3.13. The company has a market capitalization of $41.84 million, a P/E ratio of 2.63 and a beta of 3.92. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.70 and a quick ratio of 0.67. Chaparral Energy has a twelve month low of $0.70 and a twelve month high of $15.39.
Chaparral Energy (NYSE:CHAP) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.11). The business had revenue of $67.91 million during the quarter, compared to analyst estimates of $71.09 million. Chaparral Energy had a negative net margin of 33.24% and a negative return on equity of 1.48%. On average, equities analysts predict that Chaparral Energy will post 0.08 EPS for the current fiscal year.
Several hedge funds have recently made changes to their positions in CHAP. Eidelman Virant Capital acquired a new stake in shares of Chaparral Energy during the second quarter valued at about $141,000. Strs Ohio acquired a new stake in shares of Chaparral Energy during the second quarter valued at about $39,000. Virginia Retirement Systems ET AL acquired a new stake in shares of Chaparral Energy during the second quarter valued at about $205,000. Creative Planning acquired a new stake in shares of Chaparral Energy during the second quarter valued at about $94,000. Finally, Charles Schwab Investment Management Inc. acquired a new stake in shares of Chaparral Energy during the second quarter valued at about $305,000. 94.26% of the stock is currently owned by hedge funds and other institutional investors.
Chaparral Energy Company Profile
Chaparral Energy, Inc engages in the acquisition, exploration, development, production, and operation of onshore oil and natural gas properties primarily in Oklahoma, the United States. The company sells crude oil, natural gas, and natural gas liquids primarily to refineries and gas processing plant.
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