Chesapeake Utilities' 15min chart sees KDJ Golden Cross, bullish Marubozu formation.

As per Chesapeake Utilities' 15-minute chart, a KDJ Golden Cross and Bullish Marubozu was observed on August 20, 2022 at 09:45. This indicates a shift in the momentum of the stock price towards an upward trajectory, suggesting potential for further growth. The dominant presence of buyers in the market indicates that bullish momentum is likely to continue.

Chesapeake Utilities Corporation reported robust financial performance for the second quarter of 2025, surpassing analysts' expectations with an earnings per share (EPS) of $1.04 compared to the forecasted $1.02. The company's revenue also exceeded projections, coming in at $192.8 million against a forecast of $182.45 million. Following the announcement, Chesapeake Utilities' stock experienced a 2.42% increase in after-hours trading, closing at $123.46.

The company demonstrated impressive revenue growth with an 18.9% increase over the last twelve months, while maintaining a healthy gross margin of 41.9%. Key takeaways from the earnings report include a 21% year-over-year increase in EPS and a 5.67% beat in revenue, which marks a continuation of the company's positive trend.

Chesapeake Utilities reaffirmed its full-year 2025 EPS guidance of $6.15 to $6.35, aligning with InvestingPro analysts' consensus forecast of $6.24. The company also increased its 2025 capital expenditure guidance to $375-$425 million, highlighting its commitment to infrastructure investments and growth.

The stock's current price is positioned comfortably within its 52-week range of $112.92 to $136.73, indicating stable investor sentiment. InvestingPro analysis reveals the stock generally trades with low price volatility, with a beta of 0.67, making it potentially attractive for stability-focused investors. The company has maintained dividend payments for an impressive 55 consecutive years, with 21 years of consecutive increases.

The earnings report also highlighted significant capital projects and infrastructure investments that continue to drive growth. The company's adjusted net income rose 26% from the previous year, reflecting strong operational efficiency and strategic investments. The ongoing expansion of natural gas infrastructure and the completion of major capital projects have positioned the company for sustained growth.

Chesapeake Utilities' CEO, Jeff Householder, emphasized the company's strategic focus, stating, "We are consistently focused on identifying and prudently deploying capital, proactively managing our regulatory agenda and continually transforming our business operations." CFO Beth Cooper added, "We will continue to support long-term dividend growth while reinvesting significant earnings back into the company."

Risks and challenges mentioned during the earnings call include potential shifts in regulatory policies, increasing competition in the energy sector, macroeconomic pressures, supply chain issues, and technological advancements. The company plans to utilize existing debt capacity and equity issuances to fund additional capital expenditures.

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-chesapeake-utilities-q2-2025-earnings-beat-estimates-93CH-4198335