Critical Analysis: Chesapeake Utilities (NYSE:CPK) and EverGen Infrastructure (OTCMKTS:EVGIF)

Chesapeake Utilities (NYSE:CPK) and EverGen Infrastructure (OTCMKTS:EVGIF) are both utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, earnings, profitability, analyst recommendations and risk.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Chesapeake Utilities and EverGen Infrastructure, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Chesapeake Utilities	0	3	1	0	2.25
EverGen Infrastructure	0	0	0	0	0.00

Chesapeake Utilities presently has a consensus target price of $138.00, indicating a potential upside of 1.97%. Given Chesapeake Utilities’ stronger consensus rating and higher possible upside, research analysts plainly believe Chesapeake Utilities is more favorable than EverGen Infrastructure.

Valuation and Earnings

This table compares Chesapeake Utilities and EverGen Infrastructure”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Chesapeake Utilities	$91.38 billion	0.04	$140.30 million	$6.27	21.58
EverGen Infrastructure	N/A	N/A	N/A	N/A	N/A

Chesapeake Utilities has higher revenue and earnings than EverGen Infrastructure.

Insider and Institutional Ownership

83.1% of Chesapeake Utilities shares are owned by institutional investors. 1.4% of Chesapeake Utilities shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares Chesapeake Utilities and EverGen Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Chesapeake Utilities	15.12%	9.34%	3.73%
EverGen Infrastructure	N/A	N/A	N/A

Summary

Chesapeake Utilities beats EverGen Infrastructure on 9 of the 9 factors compared between the two stocks.

About Chesapeake Utilities

Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region, North Carolina, South Carolina, and Florida; unregulated natural gas transmission/supply operation in central and eastern Ohio; generation of electricity and steam; provision of compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline solutions primarily to utilities and pipelines in the United States; and sustainable energy investments. This segment is also involved in the provision of other unregulated services, such as energy-related merchandise sale and heating, ventilation and air conditioning, and plumbing and electrical services. Chesapeake Utilities Corporation was founded in 1859 and is headquartered in Dover, Delaware.

About EverGen Infrastructure

EverGen Infrastructure Corp. acquires, develops, builds, owns, and operates a portfolio of renewable natural gas (RNG), waste to energy, and related infrastructure projects in Canada and North America. It operates through RNG production; and Organic Waste and Composting segments. The company operates the Fraser Valley Biogas project, an anaerobic digestion facility that utilizes local agriculture and commercial food processing waste to generate renewable natural gas and renewable fertilizer; and Sea to Sky Soils project, which processes organics to produce stable compost. It also operates the Pacific Coast Renewables, GrowTEC, and Radius projects. In addition, the company sells RNG, electricity, and organic compost and soil. EverGen Infrastructure Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.