$CPK

Analysts initiated coverage on five companies: Keybanc rated PPG Industries (PPG) Overweight with a $133 target, Bernstein rated Shopify (SHOP) Outperform with a $160 target, Mizuho rated Chesapeake Utilities (CPK) Outperform with a $150 target, Piper Sandler rated Global Payments (GPN) Neutral with a $101 target, and JP Morgan rated Dianthus Therapeutics (DNTH) Overweight with a $135 target. All stocks closed lower than their respective targets on Thursday.

Analysts initiated or updated coverage on several companies. Piper Sandler initiated Q2 Holdings as overweight, citing its growth potential. Bernstein initiated Shopify as outperform, highlighting its AI positioning. RBC initiated Dell as outperform with a $640 price target, citing AI infrastructure demand. UBS initiated Korsana Biosciences as buy with a $55 price target. Other notable mentions include Nvidia, SpaceX, Tesla, Palantir, and Oracle.

Chesapeake Utilities (CPK) sold a 49% stake in its $1.2B Florida Energy Pathway pipeline to NextEra Energy Resources (NEER). Chesapeake retains 51% control and will manage the project. The deal was announced on September 1.

Chesapeake Utilities (CPK) sold a 49% stake in its Florida Energy Pathway project to NextEra Energy Resources, retaining 51%. The $1.2B project, set to begin construction in 2028, aims to expand natural gas capacity in South Florida. CPK expects the partnership to drive long-term value for shareholders.

CHESAPEAKE UTILITIES CORP (CPK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Chesapeake Utilities Corporation Announces Sale of Minority Interest for Florida Energy Pathway Project NextEra Energy Resources to acquire 49% ownership interest in landmark South Florida natural gas infrastructure project. DOVER, Del. – Chesapeake Utilities Corpora

The S&P/TSX Composite Index rose 0.16% on August 24, 2026, driven by gains in mining and industrial stocks. Denison Mines, Ero Copper, and others surged over 8.6%, while Canadian Pacific Kansas City gained after resolving a labor dispute. Seabridge Gold and Bausch Health declined over 3.6%. The index is near record highs, supported by commodity strength and sector-specific developments.

Chesapeake Utilities (CPK) reported Q2 2026 sales of $209.5M and revenue of $201.9M, with modest EPS growth. The company reaffirmed its 2028 EPS guidance of $7.75-$8.00, maintained its $0.735 quarterly dividend, and closed an ESOP-related stock offering. Management emphasized steady growth, dividends, and employee ownership. The company projects $1.1B revenue and $203.4M earnings by 2029, requiring 4.5% annual revenue growth. A fair value estimate from Simply Wall St pegs CPK at $96.47, below it

Chesapeake Utilities (CPK) reported Q2 2026 adjusted net income of $25.4 million, up 5% year over year, and adjusted EPS of $1.05. Management raised 2026 capital guidance to $550 million to $600 million and expects 2028 EPS of $7.75 to $8.00. It also discussed the $1.2 billion Florida Energy Pathway project and reaffirmed efficiency and dividend plans.

Chesapeake Utilities (NYSE: CPK) reported second-quarter results on Aug. 6 and held an analyst call on Aug. 7. The company’s materials include updates on an Ohio pipeline tied to data centers, a nearly completed LNG plant on the Delmarva Peninsula, and an additional $100 million added to this year’s capital budget.

Chesapeake Utilities (NYSE:CPK) reported 2Q 2026 sales of $209.5M, revenue of $201.9M, and net income of $25.4M, and reaffirmed 2028 earnings guidance of $7.75 to $8.00 per share. It declared a $0.735 quarterly dividend for October 2026 and expanded 2026 capital spending to $550M to $600M, including progress on the $1.20B Florida Energy Pathway pipeline.