
Chesapeake Granite Wash Trust (CHKR)
CHKRMarket Open
Rank #3625
Current Price
$
0
.
4
1
0.00%
24h ChangePrice Chart
About Chesapeake Granite Wash Trust (CHKR)
Chesapeake Granite Wash Trust is a publicly traded entity focused on the acquisition, development, and production of oil and natural gas properties. The trust's assets primarily consist of royalty interests in specific oil and natural gas wells located in the Granite Wash formation. This formation is known for its complex geology and the potential for significant hydrocarbon reserves. The trust generates revenue from the sale of oil and natural gas produced from these properties, distributing the income to its unitholders. Investors seeking exposure to the energy sector, specifically to the potential upside of the Granite Wash formation, may consider Chesapeake Granite Wash Trust as a means of participation. The trust operates within the broader energy industry, subject to the fluctuations of commodity prices and the regulatory environment governing oil and gas production.
Market Stats
Volume (24h)$19.8K
Performance
High 24h
$0.42
Low 24h
$0.40
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