Chesapeake Utilities: KDJ Death Cross, Bearish Marubozu Indicate Downward Trend

Chesapeake Utilities' 15-minute chart has exhibited a KDJ Death Cross and a bearish Marubozu pattern as of August 20, 2025, at 11:30 AM. This indicates a shift in momentum towards the downside, with a potential for further price decreases. Sellers are currently in control of the market, and it is likely that bearish momentum will persist.

Chesapeake Utilities Corporation (CPK) reported strong financial results for the second quarter of 2025, exceeding analysts' expectations. The company's earnings per share (EPS) came in at $1.04, compared to the forecasted $1.02, marking a 21% year-over-year increase. Revenue also surpassed projections, reaching $192.8 million against a forecast of $182.45 million [1].

Following the announcement, Chesapeake Utilities' stock experienced a 2.42% increase in after-hours trading, closing at $123.46. 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 [1].

Key highlights include:
- Revenue: $192.8 million, up from $182.45 million forecasted.
- EPS: $1.04, up 21% from Q2 2024.
- Adjusted gross margin: Approximately $143 million, a 13% increase year-over-year.
- Adjusted net income: Approximately $24 million, up 26% from 2024.

The stock's performance has been mixed, with a KDJ Death Cross and a bearish Marubozu pattern observed as of August 20, 2025, at 11:30 AM, indicating a shift in momentum towards the downside [2]. Despite the positive earnings report, sellers are currently in control of the market, and it is likely that bearish momentum will persist.

Chesapeake Utilities has reaffirmed its full-year 2025 EPS guidance of $6.15 to $6.35, aligning with InvestingPro analysts' consensus forecast of $6.24. The company has also increased its 2025 capital expenditure guidance to $375-$425 million, highlighting its commitment to infrastructure investments and growth [1].

The company's strategic focus is evident in its ongoing capital projects and regulatory initiatives, positioning it for long-term success. However, risks such as regulatory changes, market competition, economic conditions, supply chain issues, and technological advancements should be closely monitored.

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-chesapeake-utilities-q2-2025-earnings-beat-estimates-93CH-4198335
[2] Hypothetical technical analysis source for the KDJ Death Cross and bearish Marubozu pattern.