Chesapeake Granite Wash Trust
About
Chesapeake Granite Wash Trust engages in the ownership of royalty interests. It owns royalty interests in oil, natural gas liquids and natural gas properties located in Washita County, Oklahoma producing from the colony granite wash play within the broader granite wash formation of the Anadarko basin. The company was founded on June 29, 2011 and is headquartered in Houston, TX.
Growth
Chesapeake Granite Wash Trust is an established entity with a focus on owning royalty interests in oil, natural gas liquids, and natural gas properties in Washita County, Oklahoma. As a publicly traded company listed on the NYSE, its primary objective is to generate income through quarterly distributions to unit holders until June 30, 2031. The trust's operations are solely centered around owning and managing royalty interests, with income derived predominantly from these assets. With The Bank of New York Mellon Trust Company, N.A. overseeing the management of its business and affairs, Chesapeake Granite Wash Trust operates in a stable and predictable manner within the energy sector, emphasizing consistent returns for its investors.
Achievements
Chesapeake Granite Wash Trust has achieved significant milestones in its history, marked by a consistent track record of quarterly distributions to unit holders. Recent distributions, such as $0.0202 per common unit in August 2024, $0.0087 in May 2024, $0.0098 in May 2024, $0.0214 in February 2024, and $0.0336 in November 2023, highlight the trust's ability to provide regular returns to its investors. These milestones underscore the trust's commitment to shareholder value and financial stability, reaffirming its position as a reliable investment option in the energy sector.
Case Studies
As a company primarily focused on owning royalty interests in energy assets, Chesapeake Granite Wash Trust has been involved in numerous successful projects and ventures within the oil, natural gas liquids, and natural gas sectors. These projects have contributed to the trust's steady income and cash flow, further solidifying its position as a reliable investment option for those seeking exposure to the energy industry. Chesapeake Granite Wash Trust's effective management of royalty interests and commitment to shareholder value serve as compelling case studies of its ability to generate consistent returns for investors.
Socials
Founded
-
Operating Status
Active
Industry
Companies on the Energy Service
headquarters
Address
601 Travis Street 16th floor Houston Texas 77002 United States...
Country
United States
Employees
-
Key People
Michael J. Ulrich (Vice President)
Revenue
15.84 M
Operating Income
Stock Price
$0.45
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Chesapeake Granite Wash Trust
-
Website
-
Founded
-
-
Industry
Companies on the Energy Service
-
Address
601 Travis Street 16th floor Houston Texas 77002 United States...
-
Country
United States
-
Number of employees
-+
-
Revenue
15.84 M
About Chesapeake Granite Wash Trust
Chesapeake Granite Wash Trust engages in the ownership of royalty interests. It owns royalty interests in oil, natural gas liquids and natural gas properties located in Washita County, Oklahoma producing from the colony granite wash play within the broader granite wash formation of the Anadarko basin. The company was founded on June 29, 2011 and is headquartered in Houston, TX.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
