Chaparral Energy (OTCMKTS:CHPE) – Analysts at Imperial Capital increased their Q4 2017 earnings per share estimates for Chaparral Energy in a report issued on Monday. Imperial Capital analyst J. Wangler now forecasts that the company will post earnings of $0.04 per share for the quarter, up from their previous estimate of $0.01. Imperial Capital has a “Outperform” rating and a $31.00 price target on the stock. Imperial Capital also issued estimates for Chaparral Energy’s Q1 2018 earnings at $0.04 EPS, Q2 2018 earnings at $0.02 EPS, Q3 2018 earnings at $0.02 EPS, Q4 2018 earnings at $0.04 EPS, FY2018 earnings at $0.13 EPS and FY2019 earnings at $0.51 EPS.
Separately, Roth Capital started coverage on shares of Chaparral Energy in a research note on Monday, December 11th. They issued a “buy” rating and a $34.50 price objective on the stock.
About Chaparral Energy
Chaparral Energy, Inc operates as an independent oil and natural gas exploration and production company in the United States. It is involved in the acquisition, exploration, development, production, and operation of oil and natural gas properties primarily in Oklahoma and Texas. The company also operates CO2 enhanced oil recovery projects.
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