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Chesapeake Utilities Corporation

Chesapeake Utilities Corporation (CPK)

130.52
-2.88
(-2.16%)
Closed April 05 4:00PM
130.52
0.00
(0.00%)
After Hours: 7:15PM
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Key stats and details

Current Price
130.52
Bid
-
Ask
-
Volume
350,336
127.935 Day's Range 134.8599
98.32 52 Week Range 134.20
Market Cap
Previous Close
133.40
Open
132.89
Last Trade
46935
@
130.52
Last Trade Time
Financial Volume
$ 46,052,445
VWAP
131.4522
Average Volume (3m)
88,151
Shares Outstanding
22,982,417
Dividend Yield
1.96%
PE Ratio
25.30
Earnings Per Share (EPS)
5.16
Revenue
787.2M
Net Profit
118.6M

About Chesapeake Utilities Corporation

Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates ... Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by their respective PSC. Eastern Shore, its natural gas transmission subsidiary, is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively. Show more

Sector
Natural Gas Transmis & Distr
Industry
Natural Gas Transmis & Distr
Website
Headquarters
Wilmington, Delaware, USA
Founded
-
Chesapeake Utilities Corporation is listed in the Natural Gas Transmis & Distr sector of the New York Stock Exchange with ticker CPK. The last closing price for Chesapeake Utilities was $133.40. Over the last year, Chesapeake Utilities shares have traded in a share price range of $ 98.32 to $ 134.20.

Chesapeake Utilities currently has 22,982,417 shares outstanding. The market capitalization of Chesapeake Utilities is $3.07 billion. Chesapeake Utilities has a price to earnings ratio (PE ratio) of 25.30.

CPK Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
14.233.34943384274126.29134.13125.34119493130.55068916CS
42.842.22431077694127.68134.13122.645104487127.64554697CS
1212.1210.2364864865118.4134.13115.1288151125.41159055CS
268.957.36201365468121.57134.2115.1290059124.55928089CS
5224.8123.4698704002105.71134.298.3293803118.37255581CS
156-10.31-7.32088333452140.83142.39283.79599560113.59199005CS
26047.1856.611471082383.34146.372.88689531110.67673722CS

CPK - Frequently Asked Questions (FAQ)

What is the current Chesapeake Utilities share price?
The current share price of Chesapeake Utilities is $ 130.52
How many Chesapeake Utilities shares are in issue?
Chesapeake Utilities has 22,982,417 shares in issue
What is the market cap of Chesapeake Utilities?
The market capitalisation of Chesapeake Utilities is USD 3.07B
What is the 1 year trading range for Chesapeake Utilities share price?
Chesapeake Utilities has traded in the range of $ 98.32 to $ 134.20 during the past year
What is the PE ratio of Chesapeake Utilities?
The price to earnings ratio of Chesapeake Utilities is 25.3
What is the cash to sales ratio of Chesapeake Utilities?
The cash to sales ratio of Chesapeake Utilities is 3.81
What is the reporting currency for Chesapeake Utilities?
Chesapeake Utilities reports financial results in USD
What is the latest annual turnover for Chesapeake Utilities?
The latest annual turnover of Chesapeake Utilities is USD 787.2M
What is the latest annual profit for Chesapeake Utilities?
The latest annual profit of Chesapeake Utilities is USD 118.6M
What is the registered address of Chesapeake Utilities?
The registered address for Chesapeake Utilities is 251 LITTLE FALLS DRIVE, NEW CASTLE, WILMINGTON, DELAWARE, 19808
What is the Chesapeake Utilities website address?
The website address for Chesapeake Utilities is www.chpk.com
Which industry sector does Chesapeake Utilities operate in?
Chesapeake Utilities operates in the NATURAL GAS TRANSMIS & DISTR sector

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CPK Financials

Financials

CPK Discussion

View Posts
sc00pnDump sc00pnDump 2 years ago
8k out
👍️0
Emerging Growth Emerging Growth 12 years ago
Morgan Stanley (NYSE: MS) recently released research that suggests it could take years for unemployment to reach a level that will prompt the Fed to finally raise rates. In December the Federal Open Market Committee established a rate of 6.5% as the target at which it will begin raising the Fed funds rate (currently 0 to 0.25%). The middle-of-the-road scenario, which assumes no change in the labor force participation rate (now 63.6%) and average job creation of 150,000 monthly, projects 6.58 years.

There are multiple variables, of course. A falling participation rate—which ironically enough would typically be prompted by a worsening economy—could bring unemployment to 6.5% sooner, assuming poorer conditions did not simultaneously crush job creation. Conversely, a rise in the participation rate back to the 2012 level of 64.2% would turn that 6.5 year timeline into 16 years if there were no corresponding improvement in job creation. The Fed’s own figures show unemployment falling by 0.22% annually if GDP growth is in the 2.25% to 2.75% range, which also puts 6.5% between five and six years away.

A predictable interest rate environment has many implications, but we’re going to examine what it means for a very capital-intensive industry: utilities. Aside from the direct benefit of low rates for financing equipment upgrades and expansion, with paltry rates on most fixed income investments a solid, dividend-paying sector like utilities becomes more attractive.

One candidate is Chesapeake Utilities Corp. (NYSE:CPK), not to be confused with the much larger Chesapeake Energy (NYSE:CHK). Chesapeake Utilities is engaged in natural gas and some electric distribution up and down the Eastern Seaboard from Delaware to Florida, and also operates natural gas pipelines in the Northeast. With low long-term natural gas prices, the lion’s share of new electrical generation is based on natural gas, and there is an opportunity to replace higher-priced home heating options like heating oil with cheaper and more environmentally friendly gas.

Chesapeake is now at a P/E of 17.1, slightly below the 18.5 of its peer group. What is striking is that its long-term debt to equity is 0.4 compared to 0.8 for its peer group and 1.1 for the industry. This means the company has the elbow room to accomplish infrastructure upgrades or expansion with inexpensive capital.

At this point the stock is only 2.15% off its 52-week high, its last close at 47.87, and for most of the first half of 2012 it traded in a range between 40 and 43. Consequently, it will need to come down slightly to be a bargain. Chesapeake is paying a 0.365 quarterly dividend.

Water is an increasingly contested resource in many parts of the world and even the U.S., particularly the West. One company providing water to what are essentially captive markets is Consolidated Water Co., Ltd. (NASDAQ:CWCO). Consolidated operates in Belize, the Bahamas, the Caymans, and the British Virgin Islands, providing retail and commercial water supplies with seawater desalinization plants. Thomson Reuters upgraded the stock on January 11, but it is still at a 4 out of 10 (the low end of neutral); Second Opinion upgraded Consolidated to Long on January 14.

At this point the stock is only 6.06% off its 52-week high but 27.31% off its 52-week low, so based on price performance over the trailing twelve months, it seems likely that Consolidated will head lower soon, at which point it will become a better buy. Its P/E of 19.2 is slightly below the industry average of 20.8, but more significantly, like Chesapeake Consolidated has minimal debt at this time. Total debt to equity is only 0.1 versus 3.3 for its peers, which means it is well-positioned to take advantage of low capital market rates.

Utilities in general have suffered from the weak housing market, but for companies like these that have low long-term debt ratios the current low-cost capital market offers an opportunity. Should either of them decide to leverage this opportunity, such a move would make them even more attractive.

See the full story and more here... http://emerginggrowth.com/investing_today/years-of-low-interest-rates-ahead-check-out-dividend-paying-utilities/01/24/2013
👍️0
Penny Roger$ Penny Roger$ 13 years ago
~ Monday! $CPK ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $CPK ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=CPK&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=CPK&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=CPK
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CPK#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CPK+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CPK
Finviz: http://finviz.com/quote.ashx?t=CPK
~ BusyStock: http://busystock.com/i.php?s=CPK&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CPK >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
👍️0
frenchee frenchee 17 years ago
CPK just might have made a double bottom today...
👍️0

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