News stories about Chesapeake Granite Wash Trust (NYSE:CHKR) have trended somewhat negative this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chesapeake Granite Wash Trust earned a news sentiment score of -0.09 on Accern’s scale. Accern also assigned headlines about the oil and gas producer an impact score of 45.1403791560082 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Chesapeake Granite Wash Trust (CHKR) traded down 2.27% during mid-day trading on Tuesday, hitting $2.15. The stock had a trading volume of 71,271 shares. The stock has a market cap of $100.51 million, a P/E ratio of 8.17 and a beta of 0.48. Chesapeake Granite Wash Trust has a 12-month low of $1.99 and a 12-month high of $3.85. The company’s 50 day moving average price is $2.27 and its 200 day moving average price is $2.47.
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Monday, August 21st were given a dividend of $0.0949 per share. The ex-dividend date was Thursday, August 17th. This represents a $0.38 dividend on an annualized basis and a yield of 17.66%. Chesapeake Granite Wash Trust’s dividend payout ratio (DPR) is 108.57%.
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About Chesapeake Granite Wash Trust
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.
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