Imperial Capital restated their outperform rating on shares of Chaparral Energy (NYSE:CHAP) in a research report report published on Thursday morning. They currently have a $25.00 target price on the stock.
A number of other research firms also recently commented on CHAP. Zacks Investment Research downgraded Chaparral Energy from a buy rating to a hold rating in a report on Tuesday, September 18th. Stifel Nicolaus began coverage on Chaparral Energy in a report on Thursday, October 11th. They set a buy rating and a $23.00 target price for the company. Finally, ValuEngine downgraded Chaparral Energy from a hold rating to a sell rating in a report on Saturday, December 1st.
Chaparral Energy stock opened at $8.10 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 0.38. Chaparral Energy has a 52 week low of $4.48 and a 52 week high of $25.85.
Chaparral Energy (NYSE:CHAP) last released its earnings results on Tuesday, November 13th. The company reported $0.11 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.07. Chaparral Energy had a negative return on equity of 10.87% and a negative net margin of 57.97%. The firm had revenue of $66.72 million during the quarter, compared to the consensus estimate of $58.57 million. On average, equities research analysts expect that Chaparral Energy will post 0.65 EPS for the current fiscal year.
In related news, CEO Kermit Earl Reynolds purchased 4,030 shares of Chaparral Energy stock in a transaction that occurred on Tuesday, November 27th. The stock was bought at an average cost of $12.31 per share, for a total transaction of $49,609.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC purchased a new stake in shares of Chaparral Energy in the third quarter valued at approximately $272,000. Bank of New York Mellon Corp purchased a new stake in shares of Chaparral Energy in the third quarter valued at approximately $356,000. Q Global Advisors LLC purchased a new stake in shares of Chaparral Energy in the third quarter valued at approximately $441,000. Jane Street Group LLC purchased a new stake in shares of Chaparral Energy in the third quarter valued at approximately $546,000. Finally, Virtu Financial LLC purchased a new stake in shares of Chaparral Energy in the third quarter valued at approximately $869,000. Institutional investors own 73.52% 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.
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