Chaparral Energy Inc (NYSE:CHAP) Major Shareholder Purchases $1,097,764.56 in Stock

Chaparral Energy Inc (NYSE:CHAP) major shareholder Strategic Value Partners, Llc purchased 196,732 shares of the stock in a transaction dated Thursday, July 11th. The shares were acquired at an average price of $5.58 per share, with a total value of $1,097,764.56. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Strategic Value Partners, Llc also recently made the following trade(s):

  • On Wednesday, July 3rd, Strategic Value Partners, Llc purchased 486,895 shares of Chaparral Energy stock. The shares were acquired at an average price of $4.64 per share, with a total value of $2,259,192.80.
  • On Wednesday, June 26th, Strategic Value Partners, Llc purchased 209,521 shares of Chaparral Energy stock. The shares were acquired at an average price of $3.87 per share, with a total value of $810,846.27.
  • On Friday, June 21st, Strategic Value Partners, Llc purchased 169,738 shares of Chaparral Energy stock. The shares were acquired at an average price of $3.62 per share, with a total value of $614,451.56.
  • On Monday, June 17th, Strategic Value Partners, Llc purchased 210,900 shares of Chaparral Energy stock. The shares were acquired at an average price of $3.14 per share, with a total value of $662,226.00.
  • On Friday, May 17th, Strategic Value Partners, Llc purchased 250,000 shares of Chaparral Energy stock. The shares were acquired at an average price of $4.45 per share, with a total value of $1,112,500.00.
  • On Thursday, April 18th, Strategic Value Partners, Llc purchased 300,000 shares of Chaparral Energy stock. The shares were acquired at an average price of $5.98 per share, with a total value of $1,794,000.00.
  • On Monday, April 15th, Strategic Value Partners, Llc purchased 1,092,553 shares of Chaparral Energy stock. The shares were acquired at an average price of $5.73 per share, with a total value of $6,260,328.69.

Shares of NYSE CHAP opened at $5.90 on Friday. The firm has a market capitalization of $269.88 million, a PE ratio of 19.03 and a beta of 3.76. The firm’s 50 day moving average price is $4.16. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.50 and a current ratio of 0.52. Chaparral Energy Inc has a 52-week low of $3.00 and a 52-week high of $20.00.

Chaparral Energy (NYSE:CHAP) last issued its quarterly earnings data on Wednesday, May 8th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.08). The firm had revenue of $49.82 million for the quarter, compared to analyst estimates of $52.56 million. Chaparral Energy had a negative net margin of 24.76% and a negative return on equity of 0.91%. On average, analysts forecast that Chaparral Energy Inc will post 0.37 EPS for the current year.

A number of brokerages recently issued reports on CHAP. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine upgraded shares of Yirendai from a “strong sell” rating to a “sell” rating in a report on Friday, May 3rd.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can acquired a new position in Chaparral Energy during the fourth quarter valued at approximately $32,000. California Public Employees Retirement System acquired a new position in Chaparral Energy during the fourth quarter valued at approximately $53,000. Dimensional Fund Advisors LP acquired a new position in Chaparral Energy during the fourth quarter valued at approximately $67,000. Hancock Whitney Corp acquired a new position in Chaparral Energy during the fourth quarter valued at approximately $82,000. Finally, RBF Capital LLC acquired a new position in Chaparral Energy during the fourth quarter valued at approximately $125,000. Hedge funds and other institutional investors own 77.50% of the company’s stock.

Chaparral Energy Company Profile

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. The company sells crude oil, natural gas, and natural gas liquids primarily to refineries and gas processing plant.

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Insider Buying and Selling by Quarter for Chaparral Energy (NYSE:CHAP)

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