Wall Street analysts forecast that Chaparral Energy Inc (NYSE:CHAP) will report earnings per share (EPS) of $0.13 for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Chaparral Energy’s earnings, with estimates ranging from $0.07 to $0.17. Chaparral Energy posted earnings per share of $0.11 in the same quarter last year, which indicates a positive year-over-year growth rate of 18.2%. The business is expected to report its next earnings results before the market opens on Thursday, August 8th.
On average, analysts expect that Chaparral Energy will report full year earnings of $0.58 per share for the current fiscal year. For the next financial year, analysts expect that the company will report earnings of $0.77 per share, with EPS estimates ranging from $0.41 to $1.02. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Chaparral Energy.
Chaparral Energy (NYSE:CHAP) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.08). Chaparral Energy had a negative return on equity of 0.91% and a negative net margin of 24.76%. The business had revenue of $49.82 million for the quarter, compared to analysts’ expectations of $52.56 million.
A number of research analysts have recently weighed in on CHAP shares. ValuEngine raised shares of Yirendai from a “strong sell” rating to a “sell” rating in a research note on Friday, May 3rd. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday.
Shares of CHAP traded up $0.04 during mid-day trading on Friday, reaching $5.85. 587,105 shares of the company’s stock were exchanged, compared to its average volume of 491,589. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.50 and a current ratio of 0.52. The stock’s 50-day simple moving average is $4.12. Chaparral Energy has a 52-week low of $3.00 and a 52-week high of $20.00. The company has a market cap of $267.09 million, a P/E ratio of 18.87 and a beta of 3.76.
In other news, major shareholder Strategic Value Partners, Llc bought 196,732 shares of the stock in a transaction on Thursday, July 11th. The stock was purchased at an average cost of $5.58 per share, with a total value of $1,097,764.56. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders acquired a total of 2,916,339 shares of company stock valued at $14,611,310 over the last ninety days. 2.19% of the stock is owned by corporate insiders.
Several institutional investors and hedge funds have recently made changes to their positions in CHAP. Great West Life Assurance Co. Can acquired a new position in shares of Chaparral Energy in the 4th quarter valued at $32,000. California Public Employees Retirement System acquired a new position in shares of Chaparral Energy in the 4th quarter valued at $53,000. Dimensional Fund Advisors LP acquired a new position in shares of Chaparral Energy in the 4th quarter valued at $67,000. Hancock Whitney Corp acquired a new position in shares of Chaparral Energy in the 4th quarter valued at $82,000. Finally, RBF Capital LLC acquired a new position in shares of Chaparral Energy in the 4th quarter valued at $125,000. Institutional investors own 77.50% of the company’s stock.
Chaparral Energy Company Profile
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.
Featured Story: Market Capitalization – What it Means for Investors
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Chaparral Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chaparral Energy and related companies with MarketBeat.com's FREE daily email newsletter.