Chesapeake Utilities traded at $125.85 this Tuesday May 5th, decreasing $0.63 or 0.50 percent since the previous trading session. Looking back, over the last four weeks, Chesapeake Utilities lost 1.77 percent. Over the last 12 months, its price fell by 5.61 percent. Looking ahead, we forecast Chesapeake Utilities to be priced at 124.30 by the end of this quarter and at 116.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Chesapeake Utilities Corporation is an energy delivery company. The Company is engaged in the distribution of natural gas, electricity and propane; the transmission of natural gas; the generation of electricity and steam, and in providing related services to its customers. The Company's segments include Regulated Energy and Unregulated Energy. The Regulated Energy segment includes energy distribution and transmission services, such as natural gas distribution, natural gas transmission and electric distribution operations. The Unregulated Energy segment includes energy transmission, energy generation, propane operations, and mobile compressed natural gas distribution and pipeline solutions operations. This segment also includes other unregulated energy services, such as energy-related merchandise sales and heating, ventilation and air conditioning, plumbing and electrical services. It operates primarily on the Delmarva Peninsula and in Florida, Pennsylvania and Ohio.