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Chesapeake Granite Wash Trust Message Board

  • mamanelson28 mamanelson28 Mar 20, 2014 10:44 PM Flag

    bashing = shorty


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    • Pumper=trapped underwater long.

      • 1 Reply to marklibera
      • Hey shorty, is this pumping?

        Tom Dorsey, Investment Weekly Dividend investing, REITs, master limited partnersh

        A Dozen Energy Stocks Worthy Of Your Portfolio|Mar. 13, 2014 4:21 PM ET

        Chesapeake Granite Wash Trust (NYSE: CHKR) has a current stock price of $11.12 and paid a dividend of $0.6624 on February 14, 2014, with a yield of 23.4%. Chesapeake Granite Wash Trust is a statutory trust. The trust was established by Chesapeake Energy Corporation (NYSE: CHK) to sell the interests to unitholders in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The area of mutual interest is limited to the Colony Granite Wash formation, consisting of approximately 45,400 gross acres (29,000 net acres) held by Chesapeake as of Dec 31 2012. Stock price is up 5% year to date. The Trust will make quarterly distributions of the cash receipts attributable to the royalty interests, after deducting the Trust's expenses, through the quarter ending June 30, 2031. This is a buy and hold stock for a long term investment.

        Sentiment: Buy

5.42-0.07(-1.28%)Oct 8 4:01 PMEDT