Michael McMasters - Chesapeake Utilities CEO and President and Director
| CPK Stock | USD 100.75 1.09 1.09% |
CEO
Mr. Michael P. McMasters is Director of the Company. Mr. McMasters is no longer President, Chief Executive Officer of the Company with effective January 1 2019. He was appointed Chief Executive Officer effective January 1, 2011. He was appointed as President in March 2010. Mr. McMasters is responsible for execution of the Companys strategic plan and providing leadership and oversight of the Companys businesses. Mr. McMasters previously served as Executive Vice President and Chief Operating Officer of the Company from 2008 to 2010. Mr. McMasters joined the Company in 1980. During his tenure with the Company he has also served as Chief Financial Officer, Senior Vice President, Vice President, Treasurer, Director of Accounting and Rates, and Controller. He serves on the Board of Directors of the American Gas Association. Mr. McMasters is also a member of the Delaware Business Roundtable. Mr. McMasters has served in numerous capacities in his thirtyfour years of experience with the Company, most recently as Chief Executive Officer. Mr. McMasters experience, leadership skills and vision have been significant in the execution of the Companys strategic plan and implementation of key corporate policies. His strategic foresight has guided the Companys continued growth both organically and through acquisitions. Under Mr. McMasters leadership, the Company has continued to generate strong earnings growth since 2018.
| Age | 58 |
| Tenure | 6 years |
| Address | 500 Energy Lane, Dover, DE, United States, 19901 |
| Phone | 302 734 6799 |
| Web | https://www.chpk.com |
Chesapeake Utilities Management Efficiency
The company has Return on Asset of 0.0364 % which means that on every $100 spent on assets, it made $0.0364 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0839 %, implying that it generated $0.0839 on every 100 dollars invested. Chesapeake Utilities' management efficiency ratios could be used to measure how well Chesapeake Utilities manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Chesapeake Utilities' Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.04 this year, although the value of Return On Capital Employed will most likely fall to 0.05. At this time, Chesapeake Utilities' Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 1.8 B this year, although the value of Total Current Liabilities will most likely fall to about 199.4 M.Similar Executives
| Found 3 records | CEO Age | ||
| Michael Stivala | Suburban Propane Partners | 55 | |
| Pierce Norton | One Gas | 60 | |
| Pierce II | One Gas | 56 | |
Management Performance
| Return On Equity | 0.0839 | ||||
| Return On Asset | 0.0364 |
Chesapeake Utilities Leadership Team
Elected by the shareholders, the Chesapeake Utilities' board of directors comprises two types of representatives: Chesapeake Utilities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chesapeake. The board's role is to monitor Chesapeake Utilities' management team and ensure that shareholders' interests are well served. Chesapeake Utilities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Chesapeake Utilities' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Heidi Watkins, Investor Relations Administrator | ||
| Calvert Morgan, Independent Director | ||
| Michael Galtman, Senior Vice President Chief Accounting Officer | ||
| Thomas Bresnan, Independent Director | ||
| Dianna Morgan, Independent Director | ||
| Eugene Bayard, Independent Director | ||
| Danielle Mulligan, Assistant Marketing | ||
| John Schimkaitis, Chairman of The Board, Chairman of Florida Public Utilities and CEO of Florida Public Utilities | ||
| Elizabeth Cooper, Chief Financial Officer, Executive Vice President, Assistant Secretary | ||
| Thomas Hill, Independent Director | ||
| Alexander Whitelam, Head Relations | ||
| Kevin Webber, Senior Vice President and President of Florida Public Utilities Company | ||
| Elaine Bittner, Sr. VP of Strategic Devel. | ||
| Beth Cooper, CFO, VP | ||
| James Moriarty, Executive Vice President, General Counsel, Corporate Secretary and Chief Policy and Risk Officer | ||
| Michael McMasters, CEO and President and Director | ||
| Paul Maddock, Independent Director | ||
| Lisa Bisaccia, Independent Director | ||
| Ronald Forsythe, Independent Director | ||
| Cheryl Martin, Senior Vice President of Regulatory and External Affairs | ||
| Vikrant Gadgil, Senior Officer | ||
| Dennis Hudson, Independent Director | ||
| Sheri Richard, Vice President of Rates and Regulatory Affairs | ||
| Jeffrey Sylvester, Senior Vice President - Natural Gas Transmission | ||
| Ralph Adkins, Independent Chairman of the Board | ||
| William Hughston, Senior Officer | ||
| Richard Bernstein, Independent Director | ||
| Joseph Moore, Independent Director | ||
| Stephen Thompson, Senior Vice President, President - Eastern Shore, President and Chief Operating Officer - Sandpiper | ||
| Jeffry Householder, President of Florida Public Utilities Company | ||
| Shane Breakie, Vice President | ||
| Joseph Steinmetz, VP Controller | ||
| Lila Jaber, Independent Director | ||
| Sydney Davis, Communications Mang |
Chesapeake Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Chesapeake Utilities a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0839 | ||||
| Return On Asset | 0.0364 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 3.63 B | ||||
| Shares Outstanding | 22.27 M | ||||
| Shares Owned By Insiders | 1.99 % | ||||
| Shares Owned By Institutions | 84.10 % | ||||
| Number Of Shares Shorted | 416.1 K | ||||
| Price To Earning | 28.07 X |
Pair Trading with Chesapeake Utilities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chesapeake Utilities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chesapeake Utilities will appreciate offsetting losses from the drop in the long position's value.Moving together with Chesapeake Stock
| 0.77 | SR | Spire Inc Financial Report 1st of May 2024 | PairCorr |
| 0.76 | ATO | Atmos Energy Financial Report 1st of May 2024 | PairCorr |
| 0.7 | BKH | Black Hills Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Chesapeake Utilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chesapeake Utilities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chesapeake Utilities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chesapeake Utilities to buy it.
The correlation of Chesapeake Utilities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chesapeake Utilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chesapeake Utilities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chesapeake Utilities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chesapeake Utilities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Chesapeake Stock please use our How to buy in Chesapeake Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Chesapeake Stock analysis
When running Chesapeake Utilities' price analysis, check to measure Chesapeake Utilities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chesapeake Utilities is operating at the current time. Most of Chesapeake Utilities' value examination focuses on studying past and present price action to predict the probability of Chesapeake Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chesapeake Utilities' price. Additionally, you may evaluate how the addition of Chesapeake Utilities to your portfolios can decrease your overall portfolio volatility.
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Is Chesapeake Utilities' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chesapeake Utilities. If investors know Chesapeake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chesapeake Utilities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 2.305 | Earnings Share 4.73 | Revenue Per Share 36.504 | Quarterly Revenue Growth (0.01) |
The market value of Chesapeake Utilities is measured differently than its book value, which is the value of Chesapeake that is recorded on the company's balance sheet. Investors also form their own opinion of Chesapeake Utilities' value that differs from its market value or its book value, called intrinsic value, which is Chesapeake Utilities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chesapeake Utilities' market value can be influenced by many factors that don't directly affect Chesapeake Utilities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chesapeake Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Chesapeake Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chesapeake Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.