Chesapeake Granite Wash: Q1 Earnings Snapshot

HOUSTON (AP) _ Chesapeake Granite Wash Trust (CHKR) on Friday reported first-quarter earnings of $294,000.

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 $954,000 in the period.

In the final minutes of trading on Friday, the company’s shares hit 43 cents. A year ago, they were trading at 46 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

The Associated Press

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