Utilities To Watch: Chesapeake Utilities Corporation (NYSE:CPK), Summit Midstream Partners (NYSE:SMLP), Northwest Natural Gas (NYSE:NWN), El Paso Electric (NYSE:EE), Vectren Corp (NYSE:VVC)

Posted by on Jun 25, 2014

Chesapeake Utilities Corporation (CPK) will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.405 per share is scheduled to be paid on July 07, 2014. Shareholders who purchased CPK stock prior to the ex-dividend date are eligible for the cash dividend payment.Chesapeake Utilities Corporation (NYSE:CPK) net profit margin is 7.30% and weekly performance is 1.20%. On last trading day company shares ended up $69.44. Analysts mean target price for the company is $63.00. Chesapeake Utilities Corporation (NYSE:CPK) distance from 50-day simple moving average is 7.30%.

Equities research analysts at Citigroup Inc. began coverage on shares of Summit Midstream Partners (NASDAQ:SMLP) in a research note issued to investors on Wednesday. The firm set a “buy” rating on the stock. Summit Midstream Partners LP (NYSE:SMLP) shares advanced 2.89% in last trading session and ended the day on $50.64. SMLP Gross Margin is 60.40% and its return on assets is 1.90%. Summit Midstream Partners LP (NYSE:SMLP) quarterly performance is 22.11%.

Customers of Northwest Natural Gas Co (NYSE:NWN) will split an $11 million credit from the company’s gas storage operations on their June bills. Northwest Natural Gas Co (NYSE:NWN) shares moved up 0.04% in last trading session and was closed at $46.35, while trading in range of $46.27-$46.88. Northwest Natural Gas Co (NYSE:NWN) year to date performance is 10.59%.

El Paso Electric Company (EPE), a Texas-based utility servicing 395,000 customers in both west Texas and southern New Mexico, is well-positioned for the new carbon standards proposed by the Environmental Protection Agency (EPA). EPE will be coal-free by 2016 and, in less than one year, has doubled its utility-scale solar portfolio, making this west Texas-based utility a national leader in solar development. El Paso Electric Company (NYSE:EE) ended the last trading day at $39.60. Company weekly volatility is calculated as 1.59% and price to cash ratio as 119.13. El Paso Electric Company (NYSE:EE) showed a positive weekly performance of 4.87%.

On May 13,2014 . Vectren Corp (NYSE:VVC) reported first quarter 2014 net income of $51.2 million, or $0.62 per share, compared to net income of $49.8 million, or $0.61 per share, in the first quarter of 2013. Excluding the impact of operating losses attributable to the company’s investment in ProLiance Holdings, LLC (ProLiance), consolidated net income for the first quarter of 2013 was $54.4 million, or $0.66 per share. ProLiance exited the gas marketing business in June 2013. Vectren Corp (NYSE:VVC) net profit margin is 5.30% and weekly performance is 2.35%. On last trading day company shares ended up $41.35. Analysts mean target price for the company is $41.33. Vectren Corp (NYSE:VVC) distance from 50-day simple moving average is 4.06%.

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