CHESAPEAKE UTILITIES CORP (CPK) Chesapeake Utilities Corporation (CPK) operates as a diversified energy enterprise, delivering a range of energy solutions to its customers. The company's operations are distinctly divided into two primary segments: Regulated Energy and Unregulated Energy. The Regulated Energy division manages essential utility services, which include the distribution of natural gas across central and southern Delaware, Maryland's eastern shore, and various parts of Florida. This segment also handles the regulated transmission of natural gas throughout the Delmarva Peninsula and within Florida, in addition to providing regulated electricity distribution services in specific regions of northeast and northwest Florida. Conversely, the Unregulated Energy segment encompasses a broader array of activities. These include propane distribution across the Mid-Atlantic region, North Carolina, South Carolina, and Florida, along with unregulated natural gas transmission and supply services in central and eastern Ohio. This segment is also involved in generating electricity and steam, as well as offering specialized transportation and pipeline solutions for compressed natural gas (CNG), liquefied natural gas (LNG), and renewable natural gas (RNG), primarily serving utilities and other pipeline operators in the eastern U.S. Furthermore, it delivers additional non-regulated energy solutions, such as sales of energy-related merchandise, heating, ventilation, and air conditioning (HVAC) services, and plumbing and electrical repair services. Established in 1859, Chesapeake Utilities Corporation maintains its corporate headquarters in Dover, Delaware.
Sector: Natural Gas Transmisison & Distribution
Industry: Regulated Gas
Chesapeake Utilities Corporation NYSE:CPK Utilities · Regulated Gas
Mkt Cap $3.54B
Div Yield 2.02%
CLOSED · Nov 6 $140.28 CLOSED · Nov 6 Prev close $141.69 Close $140.28 0.00% AH close $140.28 VOL 234K $ Vol $32.78M RVOL 1.42x
Mkt Cap $3.54B
VOL 234K sh
$ Vol $32.78M
RVOL 1.42×
Div Yield 2.02%
Press Release ⚠ 2
CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2026 RESULTS
Chesapeake Utilities reported Q3 2026 net income of $21.6 million and diluted EPS of $0.89, up from $19.4 million and $0.82 a year earlier, with year-to-date adjusted EPS growth of 8.4%.
The company announced a joint venture with NextEra Energy Resources to finance and own 49% of the $1.2 billion Florida Energy Pathway, a 97-mile intrastate natural gas transmission project in South Florida, and established a new $225 million at-the-market equity program with forward sale agreements.
Management reaffirmed 2028 EPS guidance of $7.75-$8.00 and 2026 capex guidance of $550-$600 million, with year-to-date capital investment of $412.8 million tracking on plan.
• 3d ago AI analysis › Press Release
Chesapeake Utilities Corporation Announces Quarterly Dividend
Chesapeake Utilities declared a quarterly cash dividend of $0.735 per share, payable January 5, 2027, to shareholders of record on December 15, 2026.
The company has paid dividends without interruption for 66 years and has raised its annualized dividend every year since 2004.
This is a routine declaration with no change to policy or payout amount.
• 3d ago AI analysis › Press Release
Chesapeake Utilities to Host its Third Quarter 2026 Earnings Conference Call and Webcast on November 6, 2026
Chesapeake Utilities will release Q3 2026 results after market close on November 5, 2026, and host its earnings conference call on November 6 at 8:30 a.m. ET.
The release contains only scheduling and webcast logistics; no financial results or guidance are included.
• 11d ago AI analysis › Press Release ⚠ 2
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES $225 MILLION AT-THE-MARKET (ATM) EQUITY OFFERING PROGRAM
Chesapeake Utilities established a $225 million at-the-market equity offering program to sell common stock from time to time at prevailing market prices.
The program can also be executed through forward sale agreements with Barclays, Morgan Stanley, RBC, TD and Citizens JMP acting as forward purchasers, and operates under the company's existing Form S-3 shelf.
Proceeds are earmarked for general corporate purposes including capex financing, short-term debt repayment, acquisitions and working capital -- consistent with a regulated utility's routine funding needs.
• 1mo ago AI analysis › Press Release ● Major
Chesapeake Utilities Corporation Announces Sale of 49% Ownership Interest in Florida Energy Pathway Project
Chesapeake Utilities Corporation has sold a 49% ownership interest in the Florida Energy Pathway project to NextEra Energy Resources, forming a joint venture while retaining a 51% controlling stake.
The $1.2 billion project is a 24-inch intrastate natural gas transmission pipeline designed to expand capacity from Palm Beach County to Miami-Dade County.
Chesapeake Utilities' subsidiary will construct, manage, and operate the asset, with construction expected to begin in the first half of 2028 and service anticipated in 2030.
• 2mo ago AI analysis › Press Release ● Major
CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2026 RESULTS
Chesapeake Utilities reported Q2 net income of $25.4 million, or $1.05 per share, with year-to-date adjusted EPS growing 8.0 percent excluding transition costs.
The company raised its 2026 capital guidance to $550-$600 million and announced the $1.2 billion Florida Energy Pathway project, a targeted 2030 pipeline initiative.
Management reaffirmed 2028 EPS guidance of $7.75-$8.00 and increased its revolving credit facility to $650 million to support this expanded investment program.
• 3mo ago AI analysis › Press Release
Chesapeake Utilities Corporation Announces Quarterly Dividend
Chesapeake Utilities' Board declared a quarterly cash dividend of $0.735 per share, payable on October 5, 2026 to shareholders of record on September 14, 2026.
This announcement extends the company's streak of uninterrupted dividend payments to 65 years.
Since 2004, the company has increased its annualized dividend every year.
• 3mo ago AI analysis › Press Release
Chesapeake Utilities to Host its Second Quarter 2026 Earnings Conference Call and Webcast on August 7, 2026
Chesapeake Utilities Corporation announced it will host a conference call on August 7, 2026, at 8:30 a.m. ET to discuss financial results for the second quarter ended June 30, 2026.
The company plans to issue the official earnings press release on August 6, 2026, after the market closes.
Investors can access the live webcast by registering online or participate via phone using Conference ID CPKQ226.
• 3mo ago AI analysis › Press Release ⚠ 2
Chesapeake Utilities Corporation Announces Florida Energy Pathway Project
Chesapeake Utilities Corporation and its subsidiary Peninsula Pipeline Company announced the Florida Energy Pathway, a new $1.2 billion intrastate natural gas pipeline project spanning Palm Beach to Miami-Dade counties.
The 24-inch pipeline is supported by firm commitments of nearly 250,000 dekatherms per day from investment-grade shippers and aims to address regional supply constraints with service targeted for 2030.
The company intends to finance the development by partnering with third parties to own up to 49% of the total project, creating a long-term regulated growth opportunity.
• 3mo ago AI analysis › Press Release
Chesapeake Utilities Corporation to Participate in the 2026 AGA Financial Forum
Chesapeake Utilities announced that senior leadership will participate in the 2026 AGA Financial Forum in Scottsdale, Arizona, from May 16–19.
The company will hold meetings with institutional investors and analysts to discuss its long-term growth strategy and capital deployment.
The conference presentation will be available on the company's investor relations website prior to the event.
• 5mo ago AI analysis › Press Release ● Major
CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2026 RESULTS
Chesapeake Utilities reported Q1 net income of $59.3 million, or $2.47 per share, representing an 11.8% increase in EPS compared to the prior year.
Adjusted gross margin grew by $23.8 million to $206.2 million, driven by regulatory initiatives, infrastructure programs, transmission expansions, and colder weather which boosted customer consumption.
The company reaffirmed its full-year 2026 capital guidance of $450 million to $500 million and its 2028 EPS target of $7.75 to $8.00, while announcing that CFO Beth Cooper will retire in June and be succeeded by COO Jeff Sylvester.
• 6mo ago AI analysis › Press Release
Chesapeake Utilities Corporation Raises Dividend by 7.3 Percent
Chesapeake Utilities' Board approved a 7.3% increase to its quarterly dividend, raising the payout from $0.685 to $0.735 per share.
The hike lifts the annualized dividend rate to $2.94, extending a streak of annual increases that dates back to 2004.
Management attributed the increase to a disciplined capital allocation strategy focused on sustainable earnings growth.
• 6mo ago AI analysis › Press Release ⚠ 1
NYSE Content Update: DDN's Kevin Delane Sets Sights on Scaling AI Leadership
Chesapeake Utilities Corporation (CPK) is scheduled to ring the NYSE Opening Bell to celebrate the retirement of CFO Beth Cooper.
Cooper is departing after 36 years with the company, including 18 years as Chief Financial Officer. The announcement did not name a successor.
The news was included in a broader NYSE pre-market update that also featured interviews with DDN and Voyager Technologies leadership.
• 6mo ago AI analysis › Press Release
Chesapeake Utilities to Host its First Quarter 2026 Earnings Conference Call and Webcast on May 7, 2026
prnewswire.com • 6mo ago 
