Chesapeake Granite Wash: 2Q Earnings Snapshot
HOUSTON (AP) _ Chesapeake Granite Wash Trust (CHKR) on Friday reported second-quarter net income of $2.2 million.
The Houston-based company said it had profit of 5 cents per share.
The owner of royalty interests in oil and natural gas properties posted revenue of $3.4 million in the period.
The company’s shares closed at $1.60. A year ago, they were trading at $2.40.