Chaparral Energy Inc (NYSE:CHAP) Major Shareholder Acquires $2,259,192.80 in Stock

Chaparral Energy Inc (NYSE:CHAP) major shareholder Strategic Value Partners, Llc bought 486,895 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were acquired at an average price of $4.64 per share, for a total transaction of $2,259,192.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Strategic Value Partners, Llc also recently made the following trade(s):

  • On Wednesday, June 26th, Strategic Value Partners, Llc bought 209,521 shares of Chaparral Energy stock. The shares were acquired at an average price of $3.87 per share, for a total transaction of $810,846.27.
  • On Friday, June 21st, Strategic Value Partners, Llc bought 169,738 shares of Chaparral Energy stock. The shares were acquired at an average price of $3.62 per share, for a total transaction of $614,451.56.
  • On Monday, June 17th, Strategic Value Partners, Llc bought 210,900 shares of Chaparral Energy stock. The shares were acquired at an average price of $3.14 per share, for a total transaction of $662,226.00.
  • On Friday, May 17th, Strategic Value Partners, Llc bought 250,000 shares of Chaparral Energy stock. The shares were acquired at an average price of $4.45 per share, for a total transaction of $1,112,500.00.
  • On Thursday, April 18th, Strategic Value Partners, Llc bought 300,000 shares of Chaparral Energy stock. The shares were acquired at an average price of $5.98 per share, for a total transaction of $1,794,000.00.
  • On Monday, April 15th, Strategic Value Partners, Llc bought 1,092,553 shares of Chaparral Energy stock. The shares were acquired at an average price of $5.73 per share, for a total transaction of $6,260,328.69.

Shares of CHAP stock opened at $5.45 on Wednesday. The company has a fifty day moving average price of $4.06. The company has a quick ratio of 0.50, a current ratio of 0.52 and a debt-to-equity ratio of 0.42. The stock has a market cap of $228.54 million, a price-to-earnings ratio of 17.58 and a beta of 3.77. Chaparral Energy Inc has a fifty-two week low of $3.00 and a fifty-two week high of $20.00.



Chaparral Energy (NYSE:CHAP) last announced its quarterly earnings data on Wednesday, May 8th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.08). The firm had revenue of $49.82 million during the quarter, compared to analysts’ expectations of $52.56 million. Chaparral Energy had a negative net margin of 24.76% and a negative return on equity of 0.91%. As a group, equities research analysts predict that Chaparral Energy Inc will post 0.58 earnings per share for the current year.

A number of research analysts have recently issued reports on CHAP shares. Zacks Investment Research upgraded Chaparral Energy from a “hold” rating to a “buy” rating and set a $6.25 target price on the stock in a research report on Tuesday, April 9th. ValuEngine upgraded Chaparral Energy from a “strong sell” rating to a “sell” rating in a report on Tuesday, April 23rd.

A number of hedge funds have recently made changes to their positions in CHAP. Paloma Partners Management Co lifted its holdings in Chaparral Energy by 108.7% in the 4th quarter. Paloma Partners Management Co now owns 2,131,177 shares of the company’s stock valued at $10,485,000 after purchasing an additional 1,109,946 shares in the last quarter. Strategic Value Partners LLC lifted its holdings in Chaparral Energy by 12.8% in the 1st quarter. Strategic Value Partners LLC now owns 8,808,937 shares of the company’s stock valued at $50,211,000 after purchasing an additional 1,000,000 shares in the last quarter. Lord Abbett & CO. LLC lifted its holdings in Chaparral Energy by 22.6% in the 4th quarter. Lord Abbett & CO. LLC now owns 2,890,930 shares of the company’s stock valued at $14,223,000 after purchasing an additional 532,429 shares in the last quarter. Prudential PLC lifted its holdings in Chaparral Energy by 21.0% in the 4th quarter. Prudential PLC now owns 2,843,182 shares of the company’s stock valued at $13,988,000 after purchasing an additional 493,402 shares in the last quarter. Finally, Lasry Marc lifted its holdings in Chaparral Energy by 30.1% in the 4th quarter. Lasry Marc now owns 1,265,064 shares of the company’s stock valued at $6,224,000 after purchasing an additional 292,474 shares in the last quarter. 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.

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Insider Buying and Selling by Quarter for Chaparral Energy (NYSE:CHAP)

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