Chaparral Energy (CHAP) – Research Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Chaparral Energy (NYSE: CHAP) recently:

  • 10/15/2019 – Chaparral Energy was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 10/9/2019 – Chaparral Energy was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. 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. “
  • 10/9/2019 – Chaparral Energy had its price target lowered by analysts at Roth Capital from $16.00 to $9.00.
  • 10/2/2019 – Chaparral Energy was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 9/24/2019 – Chaparral Energy was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 9/16/2019 – Chaparral Energy was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.

NYSE:CHAP traded down $0.07 during mid-day trading on Wednesday, hitting $0.81. 568,600 shares of the stock traded hands, compared to its average volume of 361,918. The stock has a market capitalization of $40.85 million, a price-to-earnings ratio of 2.61 and a beta of 4.01. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 0.52. Chaparral Energy Inc has a 52 week low of $0.79 and a 52 week high of $16.57. The firm’s 50 day moving average is $1.41 and its two-hundred day moving average is $3.69.

Chaparral Energy (NYSE:CHAP) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.11). The company had revenue of $67.91 million during the quarter, compared to analysts’ expectations of $71.09 million. Chaparral Energy had a negative net margin of 33.24% and a negative return on equity of 1.48%. As a group, research analysts predict that Chaparral Energy Inc will post 0.22 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the business. Strs Ohio purchased a new stake in Chaparral Energy in the 2nd quarter valued at about $39,000. Parametric Portfolio Associates LLC purchased a new stake in Chaparral Energy in the 2nd quarter valued at about $63,000. Cowen Inc. purchased a new stake in Chaparral Energy in the 2nd quarter valued at about $78,000. Creative Planning purchased a new stake in Chaparral Energy in the 2nd quarter valued at about $94,000. Finally, Eidelman Virant Capital purchased a new stake in Chaparral Energy in the 2nd quarter valued at about $141,000. 94.42% of the stock is owned by institutional investors.

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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