Separately, Zacks Investment Research raised Chaparral Energy from a sell rating to a hold rating in a research note on Tuesday, July 30th.
Shares of CHAP stock opened at $1.59 on Friday. The stock has a fifty day moving average of $3.95 and a 200 day moving average of $5.07. Chaparral Energy has a 52 week low of $1.58 and a 52 week high of $18.93. The company has a quick ratio of 0.50, a current ratio of 0.70 and a debt-to-equity ratio of 0.52.
A number of institutional investors have recently made changes to their positions in the business. Raffles Associates LP bought a new position in shares of Chaparral Energy during the 2nd quarter worth $232,000. Jane Street Group LLC bought a new position in shares of Chaparral Energy during the 2nd quarter worth $414,000. Paloma Partners Management Co grew its position in shares of Chaparral Energy by 8.1% during the 2nd quarter. Paloma Partners Management Co now owns 2,283,654 shares of the company’s stock worth $10,756,000 after buying an additional 170,666 shares in the last quarter. Cowen Inc. bought a new position in shares of Chaparral Energy during the 2nd quarter worth $78,000. Finally, Vanguard Group Inc. grew its position in shares of Chaparral Energy by 20.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,835,879 shares of the company’s stock worth $8,646,000 after buying an additional 316,205 shares in the last quarter. 94.90% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading: Rule of 72
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.