Chesapeake Utilities Stock News

Chesapeake Utilities Corporatio with ticker code (CPK) now have 7 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 155 and 117 calculating the average target price we see 133.71. With the stocks previous close at 131.9 this is indicating there is a potential upside of 1.4%. The 50 day moving average now sits at 129.4 and the 200 moving average now moves to 122.61. The market cap for the company is $2,370m. Find out more information at: https://www.chpk.com [stock_market_widget type="chart" symbol="CPK" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Chesapeake Utilities Corporation operates as an energy delivery company. The Regulated Energy segment engages in the natural gas distribution operations in central and southern Delaware, Maryland''s eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula and Florida; and regulated electric distribution in northeast and northwest Florida.

Exchange Traded Concepts LLC acquired a new position in Chesapeake Utilities Co. (NYSE:CPK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 9,783 shares of the utilities providers stock, valued at approximately $1,174,000. Exchange Traded Concepts LLC owned about 0.06% of Chesapeake []

OGE Energy (OGE) makes a strong case for investment, given its estimates revision, strong earnings surprise history, systematic capital expenditures and ongoing expansion of the customer base.

Zacks Investment Research cut shares of Chesapeake Utilities (NYSE:CPK) from a buy rating to a hold rating in a research report report published on Tuesday, Zacks.com reports. According to Zacks, Chesapeake Utilities Corporation is a utility company engaged in natural gas distribution and transmission, propane distribution and marketing, advanced information services and other related businesses.Chesapeakes []

Zacks Investment Research cut shares of Chesapeake Utilities (NYSE:CPK) from a buy rating to a hold rating in a research report sent to investors on Tuesday, Zacks.com reports. According to Zacks, Chesapeake Utilities Corporation is a utility company engaged in natural gas distribution and transmission, propane distribution and marketing, advanced information services and other related []

The Divergence of Retail Sales and Consumer Sentiment

Dominion Energy (D) makes a strong case for investment, given its positive estimate revision, systematic capital investments and expanding clean power generation portfolio.

The Divergence of Retail Sales and Consumer Sentiment

Spire's (SR) fourth-quarter fiscal 2021 loss compares favorably with the year-over-year tally. Also, it initiates its fiscal 2022 earnings guidance.

UGI incurs loss in fourth-quarter fiscal 2021, higher than the loss figure posted in the prior-year quarter. It issues guidance for fiscal 2022 adjusted earnings.

Northwest Natural Holding (NWN) makes a solid case for investment, given steady customer growth, well-chalked out capital spending and its ability to serve customers more effectively.

Otter Tail (OTTR) makes a strong case for investment in the utility space, given its improving earnings estimates and steady investments.

Algonquin Power & Utilities' (AQN) Q3 earnings are lower than expected. The company continues with the capital expenditure plan to strengthen its infrastructure.

Balyasny Asset Management LLC increased its stake in Chesapeake Utilities Co. (NYSE:CPK) by 177.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,178 shares of the utilities providers stock after buying an additional 3,950 shares during the period. Balyasny Asset Management LLCs holdings in []