Chesapeake Utilities Corporation operates within the Gas transmission and distribution sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Chesapeake Utilities with three other
natural gas suppliers in North America:
Summit Midstream Partners Lp
sales of $383.47 million
of which 30%
was Piceance Basin),
New Fortress Energy Inc
of which 100%
was Natural Gas Distributor), and
Athabasca Oil Corporation
based in CANADA
(461.52 million Canadian Dollars [US$372.50 million]
of which 83%
was Thermal Oil).
During the second
quarter of 2021, sales at Chesapeake Utilities totalled
an increase of 14.5%
from the $97.05 million in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled $302.27 million, which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Chesapeake Utilities: during 8 of the previous 9
years, sales were highest during the first quarter.
The exception to this was during 2012, when the
third quarter was the best quarter, accounting for
42% of sales (during that same year, the
first quarter accounted for 18% of sales).
During the year ended December of 2020, sales at
Chesapeake Utilities were $488.20 million.
a very small
increase of 1.8%
versus 2019, when the company's sales were $479.60 million.
Despite this increase, sales are still
below the level achieved in 2018, when Chesapeake Utilities
reported sales of $717.49 million.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Chesapeake Utilities had sales
of $459.24 million.
Sales of Regulated Energy saw an increase
2.9% in 2020, from
$340.86 million to $350.85 million.
Not all segments of Chesapeake Utilities experienced an increase in sales in 2020:
sales of Unregulated Energy fell 1.0% to $137.35 million.