Equities research analysts forecast that Chaparral Energy Inc (NYSE:CHAP) will report earnings of $0.12 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Chaparral Energy’s earnings. The lowest EPS estimate is $0.07 and the highest is $0.16. Chaparral Energy reported earnings of $0.11 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 9.1%. The company is expected to report its next quarterly earnings report before the market opens on Thursday, August 8th.

On average, analysts expect that Chaparral Energy will report full-year earnings of $0.42 per share for the current year. For the next year, analysts expect that the business will post earnings of $0.75 per share, with EPS estimates ranging from $0.41 to $1.00. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Chaparral Energy.

Chaparral Energy (NYSE:CHAP) last posted its earnings results on Wednesday, May 8th. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.08). Chaparral Energy had a negative return on equity of 0.91% and a negative net margin of 24.76%. The company had revenue of $49.82 million during the quarter, compared to analysts’ expectations of $52.56 million.

Several research firms have recently commented on CHAP. Zacks Investment Research cut shares of ExlService from a “hold” rating to a “sell” rating in a research report on Wednesday, July 10th. ValuEngine raised shares of Yirendai from a “strong sell” rating to a “sell” rating in a research report on Friday, May 3rd.

In related news, major shareholder Strategic Value Partners, Llc bought 554,321 shares of the company’s stock in a transaction dated Tuesday, July 16th. The stock was purchased at an average cost of $5.72 per share, with a total value of $3,170,716.12. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders bought 2,078,107 shares of company stock valued at $9,727,697. Corporate insiders own 2.19% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of CHAP. Great West Life Assurance Co. Can purchased a new position in Chaparral Energy during the 4th quarter valued at about $32,000. Strs Ohio purchased a new position in Chaparral Energy during the 2nd quarter valued at about $39,000. California Public Employees Retirement System purchased a new position in Chaparral Energy during the 4th quarter valued at about $53,000. Dimensional Fund Advisors LP purchased a new position in Chaparral Energy during the 4th quarter valued at about $67,000. Finally, Hancock Whitney Corp purchased a new position in Chaparral Energy during the 4th quarter valued at about $82,000. 77.50% of the stock is owned by institutional investors.

Shares of NYSE:CHAP traded down $0.10 on Friday, hitting $3.87. The company had a trading volume of 190,248 shares, compared to its average volume of 569,776. The stock’s 50-day moving average is $4.33. Chaparral Energy has a 1 year low of $3.00 and a 1 year high of $18.95. The company has a quick ratio of 0.50, a current ratio of 0.52 and a debt-to-equity ratio of 0.42. The company has a market cap of $184.41 million, a price-to-earnings ratio of 12.48 and a beta of 3.76.

About Chaparral Energy

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.

Read More: Why does a company issue an IPO?

Get a free copy of the Zacks research report on Chaparral Energy (CHAP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Chaparral Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chaparral Energy and related companies with MarketBeat.com's FREE daily email newsletter.