Chesapeake Granite Wash Trust Overview
Pro stress-test →Chesapeake Granite Wash Trust is a statutory trust formed to own royalty interests for the benefit of trust unitholders. The trust owns royalty interests in oil, natural gas liquids and natural gas properties located in Washita County, Oklahoma. The trust generates passive income through quarterly distributions tied to underlying energy production revenues.
Strategic Profile
Pro stress-test →The Trust will make quarterly distributions of the cash receipts attributable to the royalty interests, after deducting the Trust's expenses, through the quarter ending June 30, 2031. The dividend yield is 16.23%, reflecting a high-income-focused investment vehicle. The company has royalty interests in 69 producing wells and 118 development wells, providing a diversified production base within the Granite Wash play.
Competitive Landscape
Pro stress-test →Chesapeake Granite Wash Trust operates in the energy royalty trust space, competing for investor income allocation against other oil & gas royalty trusts (e.g., Permian Basin Royalty Trust, San Juan Basin Royalty Trust) and broader energy income securities. The company has no direct operational competitors as it is a passive royalty holder.
Industry Context
Chesapeake Granite Wash Trust operates in Oil & Gas Royalty Trusts.
Key facts
Founded: 2011 · Headquarters: Houston, Texas · Employees: N/A · Revenue: N/A · Market cap: $16.8M–$19.6M