Chesapeake Granite Wash Trust (NYSE: CHKR) is one of 217 publicly-traded companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its peers? We will compare Chesapeake Granite Wash Trust to related businesses based on the strength of its institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations.
This table compares Chesapeake Granite Wash Trust and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Chesapeake Granite Wash Trust||84.71%||43.81%||43.81%|
|Chesapeake Granite Wash Trust Competitors||-309.44%||28.49%||6.88%|
Chesapeake Granite Wash Trust has a beta of 0.52, indicating that its share price is 48% less volatile than the S&P 500. Comparatively, Chesapeake Granite Wash Trust’s peers have a beta of 1.40, indicating that their average share price is 40% more volatile than the S&P 500.
This is a breakdown of current ratings for Chesapeake Granite Wash Trust and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Chesapeake Granite Wash Trust||0||0||0||0||N/A|
|Chesapeake Granite Wash Trust Competitors||1399||7423||12069||255||2.53|
As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 29.61%. Given Chesapeake Granite Wash Trust’s peers higher probable upside, analysts clearly believe Chesapeake Granite Wash Trust has less favorable growth aspects than its peers.
Valuation & Earnings
This table compares Chesapeake Granite Wash Trust and its peers top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Chesapeake Granite Wash Trust||$12.43 million||$12.48 million||6.43|
|Chesapeake Granite Wash Trust Competitors||$1.86 billion||-$438.87 million||18.31|
Chesapeake Granite Wash Trust’s peers have higher revenue, but lower earnings than Chesapeake Granite Wash Trust. Chesapeake Granite Wash Trust is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
0.9% of Chesapeake Granite Wash Trust shares are held by institutional investors. Comparatively, 61.4% of shares of all “Oil & Gas Exploration and Production” companies are held by institutional investors. 12.4% of shares of all “Oil & Gas Exploration and Production” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Chesapeake Granite Wash Trust pays an annual dividend of $0.26 per share and has a dividend yield of 14.4%. Chesapeake Granite Wash Trust pays out 92.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Exploration and Production” companies pay a dividend yield of 1.8% and pay out 182.6% of their earnings in the form of a dividend. Chesapeake Granite Wash Trust is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.
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. Chesapeake conveyed the Royalty Interests to the Trust from its interests in approximately 70 existing horizontal wells (Producing Wells) and Chesapeake’s interests in over 120 horizontal development wells (Development Wells) to be drilled on properties within the Area of Mutual Interest (AMI). The AMI lies within Washita County in western Oklahoma and is limited to Colony Granite Wash formation, where Chesapeake holds approximately 40,500 gross acres. Chesapeake has drilled and completed over 90 wells within the AMI. The Colony Granite Wash is located at the eastern end of Des Moines-age granite wash fields.
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