Chesapeake Utils Corp Stock Price, News & Analysis

Chesapeake Utilities (NYSE: CPK) reported third quarter 2025 net income of $19.4M ($0.82/share) and nine-month net income of $94.2M ($4.03/share). Adjusted net income was $19.5M ($0.82) for the quarter and $94.9M ($4.06) year-to-date. Adjusted gross margin grew by $15.2M in Q3 and $49.3M year-to-date, driven by transmission expansion, regulatory initiatives, infrastructure programs and increased CNG/RNG/LNG services.

The company reaffirmed 2025 EPS guidance of $6.15–$6.35 (pending successful FCG depreciation study), raised 2025 capital guidance to $425–$450M, and reaffirmed 2028 EPS of $7.75–$8.00 and 2024–2028 capex of $1.5–$1.8B.

Chesapeake Utilities (NYSE: CPK) declared a quarterly cash dividend of $0.685 per share on common stock.

The dividend will be paid on January 5, 2026 to shareholders of record at the close of business on December 15, 2025. With this payment, Chesapeake Utilities will have paid dividends without interruption for 65 years and has increased its annualized dividend every year since 2004.

Chesapeake Utilities (NYSE: CPK) will host its Q3 2025 earnings conference call and webcast on Friday, November 7, 2025 at 8:30 a.m. ET to discuss results for the third quarter and nine months ended September 30, 2025.

The earnings press release will be issued Thursday, November 6, 2025 after market close. Registration is required to access the live webcast and accompanying presentation. Phone participation for Q&A is available via toll-free 800-579-2543 or international 785-424-1789 using Conference ID: CPKQ325. A replay and the presentation will be posted in the Events & Presentations section of www.chpk.com. For investor relations contact: Lucia M. Dempsey, Head of Investor Relations.

Chesapeake Utilities Corporation (NYSE: CPK) and its subsidiary Sharp Energy have been recognized as Stars of Delaware for the sixth consecutive year by Daily State News readers. Chesapeake Utilities was named Best Natural Gas/Energy Provider, while Sharp Energy received the Best Propane Company award.

Chesapeake Utilities serves over 110,000 customers through nearly 2,100 miles of natural gas distribution mains. Sharp Energy supports 90,000 customers with nine million gallons of propane storage capacity and provides AutoGas operations for more than 1,300 vehicles, replacing approximately 3.6 million gallons of gasoline and diesel fuel.

Chesapeake Utilities Corporation (NYSE: CPK) has appointed Lisa Eden to its Board of Directors, effective September 15, 2025. Eden brings extensive energy industry experience, having recently retired as senior vice president and CFO from TXNM Energy after more than 20 years of service.

Eden's expertise spans finance, information technology, human resources, and energy sector operations. She has held various executive positions including VP of human resources, VP and treasurer, and chief information officer. She is a Chartered Financial Analyst (CFA) and serves on the board of Presbyterian Healthcare Services.

Chesapeake Utilities Corporation (NYSE: CPK) celebrated its decade-long support of Florida's Women in Energy Leadership Forum (FWELF) at the forum's 10th anniversary event held August 25-27, 2025, at the Four Seasons Orlando Resort. The 2025 forum, themed "Impact," attracted over 400 participants and featured C-suite keynote speakers discussing infrastructure investment, employee engagement, and customer service.

As a Gold sponsor, CPK demonstrated its leadership through the participation of several executives in key panel discussions and presentations, covering topics from customer operations to federal policy implications. The forum, founded by CPK board member Lila A. Jaber in 2015, continues to highlight women's contributions to Florida's energy sector and their influence on the state's economy, workforce diversity, and infrastructure development.

Chesapeake Utilities Corporation (NYSE: CPK) celebrated the five-year anniversary of its Safety Town training facility in Dover, Delaware. Since its 2020 launch, the facility has trained over 1,200 emergency response personnel and hosted more than 200 employee training events, reaching over 50 fire departments and organizations across Maryland and Delaware.

The facility provides hands-on training in natural gas safety, including certifications in excavation, leak investigation, confined space, and various safety protocols. During the anniversary event, CPK donated $10,000 to the Delaware Volunteer Firefighter Association's scholarship fund. The company also operates a similar facility in DeBary, Florida, reinforcing its commitment to safety leadership in the utility industry.

Chesapeake Utilities (NYSE:CPK) reported strong Q2 2025 financial results with net income of $23.9 million ($1.02 per share) and adjusted EPS of $1.04, representing a 20.9% increase from Q2 2024. The company's adjusted gross margin grew by $16.2 million, driven by natural gas organic growth, transmission projects, and increased compressed natural gas services.

CPK has re-affirmed its 2025 Adjusted EPS guidance of $6.15-$6.35 and increased its 2025 capital guidance range to $375-$425 million. The company successfully executed its financing plan with a $200 million long-term debt agreement in August 2025 and reached its target equity capitalization of 50%.

Chesapeake Utilities (NYSE:CPK) has declared a quarterly cash dividend of $0.685 per share on its common stock. The dividend will be paid on October 6, 2025 to shareholders of record as of September 15, 2025.

The company has maintained an impressive track record of uninterrupted dividend payments for 64 years and has consistently increased its annualized dividend every year since 2004, demonstrating its commitment to delivering shareholder value.