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Chesapeake Granite Wash: 3Q Earnings Snapshot

·1 min read

HOUSTON (AP) _ Chesapeake Granite Wash Trust (CHKR) on Thursday reported third-quarter earnings of $247,000.

The Houston-based company said it had net income of 1 cent per share.

The owner of royalty interests in oil and natural gas properties posted revenue of $377,000 in the period.

In the final minutes of trading on Thursday, the company's shares hit 23 cents. A year ago, they were trading at 67 cents.

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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