|Bid||5.94 x 1100|
|Ask||5.95 x 1100|
|Day's Range||5.87 - 6.10|
|52 Week Range||4.13 - 20.80|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||8.15|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||18.38|
Chaparral Energy, Inc. (CHAP) today announced it will issue its first quarter 2019 financial and operational results with the filing of its Form 10-Q report on Thursday, May 9, before the open of U.S. financial markets. Interested parties may access the call toll-free at 877-790-7727 and ask for the Chaparral Energy conference call 10 minutes prior to the start time. The conference ID number is 2956609.
We have screened value stocks based on EV/EBITDA ratio, which offers a clearer picture of a company's valuation and earnings potential.
Oil prices recorded the best quarterly gain in the first three-month period of 2019 since 2009 and the best first-quarter gain since 2002.
Chaparral Energy, Inc. (CHAP) today announced it has appointed Mr. Marcus (Marc) Rowland to serve as an independent director of the board effective April 10, 2019, to fill the vacancy resulting from the resignation of Mr. David Geenberg as a member of the board effective March 11, 2019. Chaparral’s Board of Directors, with the addition of Mr. Rowland, now includes eight members and will remain at eight directors eliminating the vacancy created by the resignation of Mr. Graham Morris on March 11, 2019. “We are very pleased to have added Marc Rowland to our board of directors and thank Mr. Geenberg and Mr. Morris for their past contributions and guidance,” said Chaparral’s Chairman of the Board Robert F. Heinemann.
When I am analyzing a company to see if it could potentially be a good long-term investment, I always research what the insiders are doing. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts and they certainly know more about it than I do. I especially like to see what they are doing after their company's stock has fallen dramatically.I am not implying that there is anything illicit or illegal going on. When an insider wants to buy or sell their company's stock they can, as long as they follow very strict procedures. For instance, they have to file their intent to buy or sell with the SEC, and they are subject to "blackout periods," which are times in which they cannot trade the stock.For example, an insider may be prohibited from buying or selling the stock in the thirty days before or after the earnings release is due to be reported.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat's more, an officer or a director of a company may decide to sell their stock for many reasons. They could need to raise money for tuitions, mortgages, weddings or even divorce settlements. But the insiders only buy for one reason: if they believe that the stock is undervalued and that it will eventually trade at a higher price where they can make a profit. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot The following stocks have experienced such insider buying, and as such, are worthy of further inspection: EQT Corp (EQT) Click to Enlarge EQT Corp. (NYSE:EQT, $21.61) deals with natural gas in the Appalachian area. You may have never heard of EQT corporation, but you have probably used their products, as it's the largest producer of natural gas in the United States.Insider buying at the EQT Corporation has been prolific. The President, Robert McNally, bought almost 21,000 shares on March 29 at an average price of $20.80. He spent $200,000. The Executive Vice President, Erin Centofanti, bought almost 8,000 shares on March 29 at $20.83. Sue Smith, the CFO, paid $19.75 for 6,000 shares on March 14.Back in February Jonathon Lushko, the General Counsel and a Senior VP of the company, purchased almost 8,000 shares on the open market at an average price of $19.04. That is an investment of almost $150,000. In addition, the Senior VP of Human Resources, David Smith, invested more than $300,000 when he purchased 16,800 shares of the stock at an average price of $19.06.It is always interesting to see if and when the insiders buy their company stock after it has sold off significantly. In this case, the price of EQT has fallen about 50% in less than a year. This could be the reason why these insiders decided to invest. The stock is currently trading around $21.61, so they have already profited nicely.The analysts on Wall Street seem to like this stock as well. According to MarketWatch, twenty firms follow it on a research basis. Two of them have it rated as overweight, eleven have a buy rating on it, six rate it as holds and there's just one sell recommendation. The average target price is $25.40, which is about 20% higher than where it is currently trading. RumbleOn (RMBL) Click to Enlarge RumbleOn, Inc. (NASDAQ:RMBL, $5.60) is an e-commerce platform that is designed to help consumers and dealers finance, buy and sell used cars.Denmar Dixon is a member of the Board of Directors of RumbleOn. Mr. Dixon purchased 50,000 shares at $4.76 in early April. He also made considerable purchases early last year before the stock rallied. Back then, it was trading around the same levels that it currently is.The stock more than doubled when it traded above $10 in September and October. Mr. Dixon must have been feeling pretty good. But then it went into freefall and lost more than 50% of its value by December. * 10 Stocks That Are Screaming Buys Right Now This company is followed on a research basis by six companies. The average rating is a buy and the average target price is $9.90, which is more than 40% higher than where it is currently trading. Endologix (ELGX) Click to Enlarge Endologix, Inc. (NASDAQ:ELGX, $6.99) performs research and development and manufactures devices that treat aortic diseases. Its portfolio of products includes AFX Endovascular AAA System, Nellix and Ovation.On April 3, it was announced that the CEO, John Onopchenko, invested $200,000 when he purchased just over 30,000 shares. This increased his personal holdings in the stock by almost 40%. The CFO, Vaseem Mahboob, invested $100,000 of his personal money when he acquired 15,000 shares. In addition, two of the company's directors bought and additional 25,000 shares. These shares were all purchased at an average price of $6.61.Endologix has lost more than 90% of its value over the past year. They have recently announced that they are going to restructure their debt. This could be a good thing, or it could be a sign of desperation. The insider buying may mean that the insiders think that the restructuring will work.According to MarketWatch, nine firms follow this stock on a research basis. One has a buy rating on it, one has a sell rating and the other nine consider it a hold. The average target price is $10.30, which is significantly higher than where it is currently trading. This makes me wonder why seven firms have a hold on a stock that they feel is undervalued by 35%. Walgreens (WBA) Click to Enlarge You've probably been to Walgreens (NYSE:WBA, $54.69). It's one of the largest pharmacies in the country, with retail and pharmacy operations both domestically and on an international stage. The company was founded in 1901 and is headquartered in Deerfield, IL.Co-Chief Operating Officer Ms. Omella Barra may think that the recent selling in WBA is overdone. She invested nearly $1 million of her own money when she purchased 18,000 shares at an average price of $54.50 on April 3.WBA has had some issues lately. The company has sold off considerably because the two most recent earnings releases disappointed investors. The stock has fallen about 35% since November and it is trading at the lowest level that it has been at since 2014. Time will tell if there will be more insider buying. * The 7 Best Long-Term Stocks for 2019 And Beyond This company is widely followed on Wall Street. According to Marketwatch.com, 26 firms cover it. The average analyst rating is a hold and the average price target is $62.50. It is currently trading just under $55. Chaparral Energy (CHAP) Click to Enlarge Chaparral Energy, Inc. (NYSE:CHAP, $5.58) is in the natural gas and oil exploration and production (E&P) business. Specifically, CHAP makes its money on deposits of Stack, Meramec and Osage, Oswego and Woodford located in Oklahoma and the Texas Panhandle. Founded by Mark A. Fischer and Charles A. Fischer in April 1988, Chaparral Energy is headquartered in Oklahoma City, OK.The CEO of the company, K. Earl Reynolds, purchased 7,100 shares of CHAP on March 29th at an average price of $4.64. A large institutional holder, Strategic Value Partners, also recently acquired 900,000 shares at a price of $4.45.The stock has fallen by more than 75% over the past year. Mr. Reynolds and the portfolio managers at Strategic Value Partners must believe that the stock is very attractive at these prices.Wall Street likes this stock as well. It is followed by four firms that follow the company on a research basis. The average rating is a buy and the average target price is $18.38. That is more than 300% higher than where it is currently trading.As of this writing, Mark Putrino did not hold any positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 5 Stocks to Profit From (Legal) Insider Buying Signals appeared first on InvestorPlace.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Chaparral Energy, Inc. (CHAP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
OKLAHOMA CITY, March 25, 2019 -- Chaparral Energy, Inc. (NYSE: CHAP) today announced it will participate in the Independent Petroleum Association of America’s Oil and Gas.
The goal is to reflect its medical businesses. Also, SEC filings on Mersana Therapeutics, Corindus Vascular, Merrimack Pharma, Chaparral Energy, and others.
Chaparral Energy, Inc.'s (NYSE:CHAP): 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. TheRead More...
OKLAHOMA CITY, March 14, 2019 -- Chaparral Energy, Inc. (NYSE: CHAP) today announced it will attend the 31st annual ROTH conference in Orange County, California on Monday,.
OKLAHOMA CITY, March 14, 2019 -- Chaparral Energy, Inc. (NYSE: CHAP) announced today its fourth quarter and full year 2018 financial and operational results with the filing of.
Chaparral Energy, Inc. (CHAP) today announced 2019 production and capital investment guidance. From achieving record STACK production to lowering our overall cost structure and enhancing our liquidity through our bond offering, Chaparral continues to set itself apart as a premier STACK operator,” said Chaparral Chief Executive Officer Earl Reynolds. “As we continue to build upon these successes in 2019 and beyond, our focus remains steadfast on drilling highly economic wells, maximizing margins through low-cost operations, industry-leading execution and maintaining financial discipline.
Chaparral Energy, Inc. (CHAP) (the “Company”) announced today that Joseph O. Evans, its Chief Financial Officer and Executive Vice President, has elected to retire from the Company effective March 15, 2019, following 14 years of service as Chief Financial Officer. Scott Pittman will be joining Chaparral effective February 28, 2019, and will be appointed Chief Financial Officer and Executive Vice President of the Company effective March 16, 2019. “Joe has been an integral part of Chaparral’s leadership team since joining the Company as Chief Financial Officer in 2005,” said Chaparral’s Chief Executive Officer Earl Reynolds.
OKLAHOMA CITY, Feb. 12, 2019 -- Chaparral Energy, Inc. (NYSE: CHAP) today announced the company will present at the JP Morgan Global High Yield and Leveraged Finance Conference.
Chaparral Energy, Inc. (CHAP) today announced several additions to the company’s senior leadership team, which it has made during the last 18 months. “I am very pleased to announce the addition of Mark, Josh and Clint to Chaparral’s management team,” said Chaparral Chief Executive Officer Earl Reynolds. With their extensive experience and knowledge of horizontal resource plays, Mark and Josh have already played a vital role in our success and we are extremely pleased to welcome Clint to the team.
Weatherford's (WFT) product and service line revenues for the fourth quarter are likely to decline due to lower year-over-year sales from Well Construction, Production and Completion.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
Oil is on track to log in its biggest weekly gains in more than two years. Many energy ETFs and stocks have generated handsome returns so far this year.
OKLAHOMA CITY, Jan. 08, 2019 -- Chaparral Energy, Inc. (NYSE: CHAP) today announced 2018 year-end SEC reserves and preliminary operational results, as well as additions to its.