Chesapeake Granite Wash Trust
Chesapeake Granite Wash Trust owns royalty interests in oil, natural gas liquids, and natural gas properties located in the Washita County, Oklahoma. The company has royalty interests in 69 producing wells and 118 development wells. Chesapeake Granite Wash Trust was incorporated in 2011 and is based in Houston, Texas. Chesapeake Granite Wash Trust is a subsidiary of Diversified Production LLC.
Chesapeake Granite Wash Trust (CHKR) - Net Assets
Latest net assets as of March 2025: $10.11 Million USD
Based on the latest financial reports, Chesapeake Granite Wash Trust (CHKR) has net assets worth $10.11 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.11 Million) and total liabilities ($0.00). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.11 Million |
| % of Total Assets | 100.0% |
| Annual Growth Rate | -27.23% |
| 5-Year Change | -53.2% |
| 10-Year Change | -96.02% |
| Growth Volatility | 20.57 |
Chesapeake Granite Wash Trust - Net Assets Trend (2011–2023)
This chart illustrates how Chesapeake Granite Wash Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chesapeake Granite Wash Trust (2011–2023)
The table below shows the annual net assets of Chesapeake Granite Wash Trust from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $10.20 Million | -5.71% |
| 2022-12-31 | $10.82 Million | -3.72% |
| 2021-12-31 | $11.24 Million | -14.51% |
| 2020-12-31 | $13.15 Million | -39.71% |
| 2019-12-31 | $21.80 Million | -10.55% |
| 2018-12-31 | $24.38 Million | -11.69% |
| 2017-12-31 | $27.60 Million | -13.57% |
| 2016-12-31 | $31.94 Million | -49.48% |
| 2015-12-31 | $63.22 Million | -75.35% |
| 2014-12-31 | $256.43 Million | -17.34% |
| 2013-12-31 | $310.22 Million | -26.41% |
| 2012-12-31 | $421.54 Million | -8.94% |
| 2011-12-31 | $462.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chesapeake Granite Wash Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $10.20 Million | 100.00% |
| Total Equity | $10.20 Million | 100.00% |
Chesapeake Granite Wash Trust Competitors by Market Cap
The table below lists competitors of Chesapeake Granite Wash Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amines & Plasticizers Limited
NSE:AMNPLST
|
$10.36 Million |
|
Companhia de Tecidos Norte de Minas
SA:CTNM3
|
$10.36 Million |
|
Ark Restaurants Corp
NASDAQ:ARKR
|
$10.36 Million |
|
QQCMF
PINK:QQCMF
|
$10.36 Million |
|
Bonus BioGroup Ltd
PINK:BBIXF
|
$10.35 Million |
|
Forgame Holdings Limited
F:FH0
|
$10.34 Million |
|
Global Menkul Degerler AS
IS:GLBMD
|
$10.34 Million |
|
Binh Dinh Minerals JSC
VN:BMC
|
$10.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chesapeake Granite Wash Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,822,000 to 10,204,000, a change of -618,000 (-5.7%).
- Net income of 8,048,000 contributed positively to equity growth.
- Other factors decreased equity by 8,666,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.05 Million | +78.87% |
| Other Changes | $-8.67 Million | -84.93% |
| Total Change | $- | -5.71% |
Book Value vs Market Value Analysis
This analysis compares Chesapeake Granite Wash Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.05x to 2.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $9.90 | $0.45 | x |
| 2012-12-31 | $9.50 | $0.45 | x |
| 2013-12-31 | $8.04 | $0.45 | x |
| 2014-12-31 | $7.32 | $0.45 | x |
| 2015-12-31 | $1.35 | $0.45 | x |
| 2016-12-31 | $0.68 | $0.45 | x |
| 2017-12-31 | $0.59 | $0.45 | x |
| 2018-12-31 | $0.52 | $0.45 | x |
| 2019-12-31 | $0.47 | $0.45 | x |
| 2020-12-31 | $0.28 | $0.45 | x |
| 2021-12-31 | $0.24 | $0.45 | x |
| 2022-12-31 | $0.23 | $0.45 | x |
| 2023-12-31 | $0.22 | $0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chesapeake Granite Wash Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 78.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 75.26%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.00x
- Recent ROE (78.87%) is above the historical average (50.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.05% | 93.05% | 0.23x | 1.04x | $55.79 Million |
| 2012 | 27.64% | 91.50% | 0.30x | 1.02x | $74.36 Million |
| 2013 | 33.80% | 91.98% | 0.36x | 1.03x | $73.85 Million |
| 2014 | 32.73% | 87.49% | 0.37x | 1.00x | $58.32 Million |
| 2015 | 84.34% | 146.56% | 0.57x | 1.00x | $46.99 Million |
| 2016 | 39.09% | 100.43% | 0.39x | 1.00x | $9.29 Million |
| 2017 | 48.22% | 84.97% | 0.55x | 1.03x | $10.55 Million |
| 2018 | 46.34% | 83.65% | 0.55x | 1.00x | $8.86 Million |
| 2019 | 34.99% | 77.80% | 0.45x | 1.00x | $5.45 Million |
| 2020 | 25.83% | 68.65% | 0.38x | 1.00x | $2.08 Million |
| 2021 | 58.19% | 75.20% | 0.77x | 1.00x | $5.42 Million |
| 2022 | 120.01% | 81.98% | 1.46x | 1.00x | $11.91 Million |
| 2023 | 78.87% | 75.26% | 1.05x | 1.00x | $7.03 Million |
Industry Comparison
This section compares Chesapeake Granite Wash Trust's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chesapeake Granite Wash Trust (CHKR) | $10.11 Million | 22.05% | 0.00x | $10.35 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |