Chesapeake Granite Wash Trust (CHKR) Given Daily Coverage Optimism Score of 0.19

Media headlines about Chesapeake Granite Wash Trust (NYSE:CHKR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chesapeake Granite Wash Trust earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news headlines about the oil and gas producer an impact score of 45.5484142572046 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

• Serko Ltd (SKO.NZ) AO Seeing a Consistent Downtrend (wisdomsave.com)
• CHESAPEAKE GRANITE WASH TRUST (NYSE:CHKR) Files An 8-K Results of Operations and Financial Condition – The Momentous News (momentousnews.com)
• Unusual Activity Spotted in Chesapeake Granite Wash Trust (CHKR) – Wall Street Review (thewallstreetreview.com)
• Chesapeake Granite Wash Trust to Issue Quarterly Dividend of $0.09 (CHKR) (americanbankingnews.com)
• Chesapeake Granite Wash Trust Announces Distribution Of $0.0949 Per Common Unit – PR Newswire (press release) (prnewswire.com)

Chesapeake Granite Wash Trust (NYSE:CHKR) traded down 1.67% on Monday, hitting $2.36. 85,136 shares of the stock were exchanged. The company’s 50-day moving average is $2.35 and its 200-day moving average is $2.64. Chesapeake Granite Wash Trust has a 52 week low of $1.96 and a 52 week high of $3.85. The company has a market cap of $110.33 million, a PE ratio of 10.83 and a beta of 0.47.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 21st will be given a dividend of $0.0949 per share. The ex-dividend date is Thursday, August 17th. This represents a $0.38 dividend on an annualized basis and a yield of 15.82%. Chesapeake Granite Wash Trust’s payout ratio is presently 114.29%.

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Chesapeake Granite Wash Trust Company Profile

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.