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Chesapeake Granite Wash: 2Q Earnings Snapshot

HOUSTON (AP) _ Chesapeake Granite Wash Trust (CHKR) on Friday reported second-quarter net income of $2.2 million.

The Houston-based company said it had profit of 5 cents per share.

The owner of royalty interests in oil and natural gas properties posted revenue of $3.4 million in the period.

The company's shares closed at $1.60. A year ago, they were trading at $2.40.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHKR at https://www.zacks.com/ap/CHKR