Latest news with #CPK
Scottish Sun
30-05-2025
- Business
- Scottish Sun
New £25billion mega airport opening in Europe to ‘take on Heathrow and Dubai' with 65milllion passengers
Plus, another terminal that's designed to look like a mythological creature IN THE WORKS New £25billion mega airport opening in Europe to 'take on Heathrow and Dubai' with 65milllion passengers AN AMBITIOUS mega airport in Poland is one step closer to opening. Warsaw Solidarity Airport in Poland is set to open by 2032 and is will see millions of passengers per year 'taking on Heathrow and Dubai.' Advertisement 5 Warsaw Solidarity Airport is set to open in 2032 Credit: CPK/Foster+Partners 5 The terminal designs have been firmed up and is seeking a contractor Credit: CPK/Foster+Partners Poland's new mega airport has revealed plans to welcome long-haul flights to become a hub airport. CPK will transform the airport with Foster + Partners and Buro Happold-designed new airport, highway upgrades, and 2,000km of high-speed rail. The designs were revealed in 2023 showing off a huge terminal, and now the companies are seeking a contractor to build it. Bidding for the airport terminal contract will close on 29 August, with signing expected in 2026. Advertisement Read More on Airport Upgrades FLY IN Cheap holiday destination's £1.5bn airport upgrade to have 'phoenix-shaped' terminal Any contractors wanting to take on the enormous project must show an annual turnover exceeding $1 billion (over £700 million) in each of the last four years. They must also have relevant experience in the aviation sector, and be Polish speaking. Grant Brooker, head of studio at Foster + Partners told Notes from Poland: "We believe the CPK [the airport] will completely change the way people travel around Poland, and will also become a new gateway to Europe and the rest of the world." Initially, Warsaw Solidarity Airport was being built to replace Warsaw Chopin Airport because it was nearing capacity. Advertisement But the huge new airport will instead complement the existing one. Warsaw Solidarity Airport will be 24 miles outside of Warsaw, and it will mean that all major Polish cities will be no more than two and a half hours away. Belfast Airport £100million upgrade 5 Millions of passengers will use the airport every year Credit: CPK/Foster+Partners 5 There will also be improved rail services across the site Credit: CPK/Foster+Partners Advertisement The estimated cost is £25 billion and it will see millions of passengers through its doors every year. Warsaw Solidarity Airport's main terminal will initially accommodate 34 million passengers a year - that's 11,000 passengers per hour. But if there's a particularly busy season, the terminal could manage 44 million without disrupting operations, according to Global Construction Review. The designs are in the final stages with previous changes being made to the roof, walkways, waiting areas and the bus station, to improve passenger comfort. Advertisement A third runway, and other terminal extensions, will see passenger numbers increase to 65 million by 2060. The airport is due to open in 2032. Another country has unveiled plans for an airport expansion with a unique phoenix-shaped terminal. And a first look at £100million revamp of major UK airport with 'much needed' upgrades. Advertisement
The Sun
30-05-2025
- Business
- The Sun
New £25billion mega airport opening in Europe to ‘take on Heathrow and Dubai' with 65milllion passengers
AN AMBITIOUS mega airport in Poland is one step closer to opening. Warsaw Solidarity Airport in Poland is set to open by 2032 and is will see millions of passengers per year 'taking on Heathrow and Dubai.' 5 5 Poland's new mega airport has revealed plans to welcome long-haul flights to become a hub airport. CPK will transform the airport with Foster + Partners and Buro Happold- designed new airport, highway upgrades, and 2,000km of high-speed rail. The designs were revealed in 2023 showing off a huge terminal, and now the companies are seeking a contractor to build it. Bidding for the airport terminal contract will close on 29 August, with signing expected in 2026. Any contractors wanting to take on the enormous project must show an annual turnover exceeding $1 billion (over £700 million) in each of the last four years. They must also have relevant experience in the aviation sector, and be Polish speaking. Initially, Warsaw Solidarity Airport was being built to replace Warsaw Chopin Airport because it was nearing capacity. But the huge new airport will instead complement the existing one. Warsaw Solidarity Airport will be 24 miles outside of Warsaw, and it will mean that all major Polish cities will be no more than two and a half hours away. Belfast Airport £100million upgrade 5 5 The estimated cost is £25 billion and it will see millions of passengers through its doors every year. Warsaw Solidarity Airport's main terminal will initially accommodate 34 million passengers a year - that's 11,000 passengers per hour. But if there's a particularly busy season, the terminal could manage 44 million without disrupting operations, according to Global Construction Review. The designs are in the final stages with previous changes being made to the roof, walkways, waiting areas and the bus station, to improve passenger comfort. A third runway, and other terminal extensions, will see passenger numbers increase to 65 million by 2060. The airport is due to open in 2032. Another country has unveiled plans for an airport expansion with a unique phoenix-shaped terminal. And a first look at £100million revamp of major UK airport with 'much needed' upgrades.
The Irish Sun
30-05-2025
- Business
- The Irish Sun
New £25billion mega airport opening in Europe to ‘take on Heathrow and Dubai' with 65milllion passengers
AN AMBITIOUS mega airport in Poland is one step closer to opening. in Poland is set to open by 2032 and is will see millions of passengers per year 'taking on Heathrow and Dubai.' 5 Warsaw Solidarity Airport is set to open in 2032 Credit: CPK/Foster+Partners 5 The terminal designs have been firmed up and is seeking a contractor Credit: CPK/Foster+Partners P oland's has revealed plans to welcome long-haul flights to become a hub airport. CPK will transform the airport with Foster + Partners and Buro Happold- The designs were revealed in 2023 showing off a huge terminal, and now the companies are seeking a contractor to build it. Bidding for the airport terminal contract will close on 29 August, with signing expected in 2026. Read More on Airport Upgrades Any contractors wanting to take on the enormous project must show an annual turnover exceeding $1 billion (over £700 million) in each of the last four years. They must also have relevant experience in the aviation sector, and be Polish speaking. Grant Brooker, head of studio at Foster + Partners told "We believe the CPK [the airport] will completely change the way people , and will also become a new gateway to Europe and the rest of the world." Initially, Warsaw Solidarity Airport was being built to replace Most read in News Travel But the huge new Belfast Airport £100million upgrade 5 Millions of passengers will use the airport every year Credit: CPK/Foster+Partners 5 There will also be improved rail services across the site Credit: CPK/Foster+Partners The estimated cost is £25 billion and it will see millions of passengers through its doors every year. Warsaw Solidarity Airport's main terminal will initially accommodate 34 million passengers a year - that's 11,000 passengers per hour. But if there's a particularly busy season, the terminal could manage 44 million without disrupting operations, according to The designs are in the final stages with previous changes being made to the roof, walkways, waiting areas and the bus station, to improve passenger comfort. A third runway, and other terminal extensions, will see passenger numbers increase to 65 million by 2060. The airport is due to open in 2032. Another country has And a 5 Warsaw Solidarity Airport is seeking a contractor for the project Credit: CPK/Foster+Partners
Yahoo
28-05-2025
- Business
- Yahoo
Why Chesapeake Utilities (CPK) is a Top Dividend Stock for Your Portfolio
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Headquartered in Dover, Chesapeake Utilities (CPK) is a Utilities stock that has seen a price change of 1.36% so far this year. Currently paying a dividend of $0.64 per share, the company has a dividend yield of 2.08%. In comparison, the Utility - Gas Distribution industry's yield is 3.32%, while the S&P 500's yield is 1.56%. Taking a look at the company's dividend growth, its current annualized dividend of $2.56 is up 2% from last year. In the past five-year period, Chesapeake Utilities has increased its dividend 5 times on a year-over-year basis for an average annual increase of 9.63%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Chesapeake Utilities's current payout ratio is 46%. This means it paid out 46% of its trailing 12-month EPS as dividend. Looking at this fiscal year, CPK expects solid earnings growth. The Zacks Consensus Estimate for 2025 is $6.27 per share, which represents a year-over-year growth rate of 16.33%. Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, CPK is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chesapeake Utilities Corporation (CPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
14-05-2025
- Business
- Yahoo
Why Chesapeake Utilities (CPK) Is Falling This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where Chesapeake Utilities Corporation (NYSE:CPK) stands against other energy stocks that are declining this week. The energy sector was among the largest beneficiaries of the truce between the United States and China this week, resulting in the West Texas Intermediate (WTI) crude oil price rallying aggressively to cross the $63 mark, up from a multi-year low of $57.13 it hit last week. However, despite the gains, oil's upside potential remains limited due to an abundant supply following a decision by OPEC+ to further increase output in June. Moreover, prices still remain below the $65 break-even mark for most producers operating in the prolific Permian Basin in the US, forcing them to potentially stop drilling and cut jobs. Additionally, despite Beijing cutting its levies on American goods to 10% for a 90-day period, it is unlikely that the agreement will do much to increase its import of US energy. China's import of American energy commodities was effectively gone as soon as Beijing put an initial 10% tariff on crude oil and 15% on LNG and coal in early February, so these commodities will remain uncompetitive in the country even at the lower 10% tariff for the next 90 days. According to commodity analysts Kpler, no American crude oil is scheduled to arrive at Chinese ports this month, while only three cargoes were unloaded in April. The imports of American LNG have also suffered a similar fate, with Kpler showing no cargoes since February. A view inside an energy delivery truck driving through a busy city street. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between May 6 to May 13, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). Share Price Decline Between May 6 – May. 13: 10.73% Topping our list of Energy Stocks Losing the Most This Week is Chesapeake Utilities Corporation (NYSE:CPK), a diversified energy delivery company engaged in the distribution of natural gas, propane, and electricity. Chesapeake Utilities Corporation (NYSE:CPK) missed profit estimates in Q1 2025 as its adjusted EPS of $2.22 fell below expectations of $2.25. However, the company's revenue grew by 21.55% to $298.7 million, beating forecasts by over $50 million. Despite the recent earnings miss, CPK continues to re-affirm its 2025 EPS guidance range of $6.15 to $6.35, as well as the 2028 EPS guidance range of $7.75 to $8. Overall, CPK ranks 1st on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CPK but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
