Chaparral Energy, Inc. (OTCMKTS:CHPE) – Stock analysts at Imperial Capital reduced their Q1 2018 earnings per share (EPS) estimates for Chaparral Energy in a report issued on Tuesday, April 24th. Imperial Capital analyst J. Wangler now expects that the company will earn $0.02 per share for the quarter, down from their previous forecast of $0.05. Imperial Capital currently has a “Outperform” rating and a $31.00 target price on the stock. Imperial Capital also issued estimates for Chaparral Energy’s FY2018 earnings at $0.10 EPS and FY2019 earnings at $0.72 EPS.
Separately, Zacks Investment Research downgraded shares of Chaparral Energy from a “buy” rating to a “hold” rating in a research note on Wednesday.
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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