Investment analysts at Stifel Nicolaus started coverage on shares of Chaparral Energy (NYSE:CHAP) in a note issued to investors on Thursday, The Fly reports. The brokerage set a “buy” rating on the stock.
Separately, Zacks Investment Research cut shares of Chaparral Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, September 18th.
Shares of CHAP stock opened at $16.98 on Thursday. Chaparral Energy has a 52 week low of $15.55 and a 52 week high of $25.85. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.91 and a current ratio of 0.95.
In other Chaparral Energy news, CEO Kermit Earl Reynolds bought 5,900 shares of the firm’s stock in a transaction dated Friday, August 17th. The shares were purchased at an average cost of $16.03 per share, for a total transaction of $94,577.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
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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