AI Spotlight on CPK
Company Description
Chesapeake Utilities Corporation operates as an energy delivery company.The company operates through two segments, Regulated Energy and Unregulated Energy.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.
The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region, North Carolina, South Carolina, and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; and provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the eastern United States.This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services.The company was founded in 1859 and is headquartered in Dover, Delaware.
Market Data
Last Price | 122.25 |
Change Percentage | -0.70% |
Open | 122.54 |
Previous Close | 123.11 |
Market Cap ( Millions) | 2785 |
Volume | 103963 |
Year High | 134.2 |
Year Low | 98.25 |
M A 50 | 124.47 |
M A 200 | 117.16 |
Financial Ratios
FCF Yield | 6.71% |
Dividend Yield | 2.05% |
ROE | 8.31% |
Debt / Equity | 2.05% |
Net Debt / EBIDTA | 9.01% |
Price To Book | 2.04 |
Price Earnings Ratio | 25.64 |
Price To FCF | 14.9 |
Price To sales | 3.68 |
EV / EBITDA | 9.71 |
News
- Jan -13 - Escalent Names Florida City Gas 2024 Customer Champion
- Jan -04 - Chesapeake Utilities: Gauging Growth In Gas
- Nov -22 - Chesapeake Utilities Corporation Announces $100 Million At-The-Market Equity Offering Program
- Nov -20 - California Pizza Kitchen and Fandango Offer an Exciting Promotion for Disney's βMoana 2β
- Nov -14 - Chesapeake Utilities Corporation Named Champion of Board Diversity by The Forum of Executive Women for Second Consecutive Year
- Nov -08 - Chesapeake Utilities Corporation (CPK) Q3 2024 Earnings Call Transcript
- Nov -07 - CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2024 RESULTS
- Nov -07 - Chesapeake Utilities Corporation Announces Quarterly Dividend
- Oct -30 - Chesapeake Utilities Corporation Completes Commissioning of Full Circle Dairy Renewable Natural Gas Facility in Florida
- Oct -23 - Chesapeake Utilities to Host its Third Quarter 2024 Earnings Conference Call and Webcast on November 8, 2024
- Sep -23 - Chesapeake Utilities Corporation Releases 2023 Environmental Stewardship Report
- Aug -09 - Chesapeake Utilities Corporation (CPK) Q2 2024 Earnings Call Transcript
- Aug -08 - Chesapeake Utilities (CPK) Lags Q2 Earnings and Revenue Estimates
- Aug -08 - CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2024 RESULTS
- Aug -08 - Chesapeake Utilities Corporation Announces Quarterly Dividend
- Jul -22 - Chesapeake Utilities to Host its Second Quarter 2024 Earnings Conference Call and Webcast on August 9, 2024
- Jul -16 - Chesapeake Utilities Receives Approval for New Infrastructure to Support Three Renewable Natural Gas Projects in Florida
- Jun -26 - Chesapeake Utilities Subsidiary Completes First Renewable Natural Gas Injections from Full Circle Dairy Facility in Florida
- Jun -25 - Chesapeake Utilities Corporation Named Best for Corporate Governance in the United States for the Second Time
- Jun -06 - 10 Upcoming Dividend Increases
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Regulated Energy
Expected Growth : 9 %
What the company do ?
Regulated Energy from Chesapeake Utilities Corporation provides safe and reliable natural gas distribution services to residential, commercial, and industrial customers in Delaware and Maryland.
Why we expect these perspectives ?
Chesapeake Utilities Corporation's Regulated Energy segment growth is driven by increasing demand for natural gas, strategic infrastructure investments, and favorable regulatory environments. Additionally, the company's focus on safety, reliability, and customer satisfaction contributes to its growth. Furthermore, the segment benefits from a strong balance sheet, enabling investments in growth initiatives and opportunistic acquisitions.
Segment nΒ°2 -> Unregulated Energy
Expected Growth : 13 %
What the company do ?
Unregulated Energy from Chesapeake Utilities Corporation refers to the uncontrolled and unmonitored energy supply from this corporation, which operates outside of standard regulatory frameworks.
Why we expect these perspectives ?
Chesapeake Utilities Corporation's 13% growth in Unregulated Energy is driven by increasing demand for natural gas, expansion into new markets, and strategic acquisitions. Additionally, investments in infrastructure and technology have improved operational efficiency, allowing the company to capitalize on rising energy prices and growing customer base.
Chesapeake Utilities Corporation Products
Product Range | What is it ? |
---|---|
Natural Gas Distribution | Chesapeake Utilities Corporation provides natural gas distribution services to residential, commercial, and industrial customers in Delaware and Maryland. |
Propane Distribution | The company distributes propane to customers in Delaware, Maryland, Virginia, and Florida for various applications such as heating, cooking, and powering appliances. |
Electricity Distribution | Chesapeake Utilities Corporation provides electricity distribution services to customers in Delaware and Maryland. |
Pipeline Transmission | The company owns and operates pipeline transmission systems that transport natural gas to customers in the Mid-Atlantic region. |
Gas Gathering and Processing | Chesapeake Utilities Corporation gathers and processes natural gas from wells in Ohio, Pennsylvania, and West Virginia. |
Energy Services | The company offers energy services such as energy efficiency solutions, renewable energy solutions, and energy management services. |
Chesapeake Utilities Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Chesapeake Utilities Corporation is moderate due to the availability of alternative energy sources such as solar and wind power.
Bargaining Power Of Customers
The bargaining power of customers is low due to the lack of alternative energy providers in the region, giving Chesapeake Utilities Corporation a significant market share.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers of natural gas and other energy sources, but Chesapeake Utilities Corporation's large scale of operations gives it some negotiating power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the energy industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the energy industry, leading to intense competition for market share.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 52.84% |
Debt Cost | 3.95% |
Equity Weight | 47.16% |
Equity Cost | 6.97% |
WACC | 5.37% |
Leverage | 112.03% |
Chesapeake Utilities Corporation : Quality Control
Chesapeake Utilities Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
UGI | UGI Corporation distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & β¦ |
SWX | Southwest Gas Holdings, Inc., through its subsidiaries, distributes and transports natural gas in Arizona, Nevada, and California. The company operates through Natural Gas Distribution, Utility Infrastructure Services, and Pipeline and β¦ |
OGS | ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas β¦ |
BIPC | Brookfield Infrastructure Corporation, together with its subsidiaries, owns and operates regulated natural gas transmission systems in Brazil. The company also engages in the regulated gas and electricity distribution operations in β¦ |
NFE | New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and β¦ |