From Yahoo Finance: 2025-05-14 10:30:00

The energy sector saw a boost this week following a US-China truce, pushing WTI crude oil prices past $63 from a recent low of $57.13. Despite gains, OPEC+ output increase limits upside potential. American energy imports to China remain stagnant despite lowered tariffs, with no crude oil or LNG arrivals scheduled. Chesapeake Utilities Corporation (CPK) leads energy stocks in losses this week, with a 10.73% decline in share price from May 6 to May 13. CPK missed Q1 profit estimates but reported revenue growth of 21.55%. The company maintains its 2025 EPS guidance range of $6.15 to $6.35 and 2028 EPS guidance range of $7.75 to $8.



Read more at Yahoo Finance: Why Chesapeake Utilities (CPK) Is Falling This Week