Chesapeake Granite Wash Trust (CHKR) Given Daily News Impact Rating of -0.04
News coverage about Chesapeake Granite Wash Trust (NYSE:CHKR) has been trending somewhat negative on Saturday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Chesapeake Granite Wash Trust earned a coverage optimism score of -0.04 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 45.8055875492524 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Chesapeake Granite Wash Trust (CHKR) traded down 2.27% on Friday, reaching $2.15. The company’s stock had a trading volume of 64,499 shares. The company has a market capitalization of $100.51 million, a price-to-earnings ratio of 8.17 and a beta of 0.49. Chesapeake Granite Wash Trust has a 1-year low of $2.10 and a 1-year high of $3.85. The stock has a 50-day moving average price of $2.17 and a 200-day moving average price of $2.41.
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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