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Chesapeake Granite Wash Trust (CHKR), an oil royalty spinoff from Chesapeake Energy (CHK), has...

Chesapeake Granite Wash Trust (CHKR), an oil royalty spinoff from Chesapeake Energy (CHK), has begun trading on the NYSE. Shares are currently changing hands at $18.58, slightly below their $19 IPO price. (S-1)
Comments (2)
  • Harry Johnson
    , contributor
    Comments (480) | Send Message
     
    Does anyone following this know the difference between a royalty interest and a net profits interest ? Clearly the SEC doesn't. The CHK "oil royalty spinoff" is a net profits interest. Investors get what is left after production costs; whereas, a true royalty is free and clear of production costs.
    11 Nov 2011, 12:59 PM Reply Like
  • hoofoo
    , contributor
    Comment (1) | Send Message
     
    like oil trust --stks are all dividends stks-----always looking for high dividend oil trust
    24 Sep 2012, 06:32 PM Reply Like
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