Welcome to our dedicated page for Chesapeake Utilities news (Ticker: CPK), a resource for investors and traders seeking the latest updates and insights on Chesapeake Utilities stock.
Chesapeake Utilities Corporation reports developments from a diversified energy delivery business built around regulated and unregulated energy operations. The company distributes natural gas, electricity and propane, transmits natural gas, generates electricity and steam, and provides mobile compressed natural gas and other energy-related services.
Recurring updates cover earnings, adjusted gross margin, capital investment, regulatory initiatives, infrastructure programs, natural gas organic growth, transmission expansion projects, customer consumption, rate proceedings, dividends, and leadership or governance changes. Company-specific developments also include Florida City Gas, Peninsula Pipeline, Aspire Energy Express and other utility and pipeline operations subject to state utility commission or FERC oversight.
Chesapeake Utilities (NYSE: CPK) announced that CFO Beth Cooper will retire effective June 30, 2026, after 36 years with the company. COO Jeff Sylvester will succeed her as CFO on July 1, 2026.
Cooper became CFO in September 2008 and is credited with driving earnings growth, balance sheet strength and long-term value creation. Sylvester joined Chesapeake Utilities in 2004, returned in 2019, and has served as COO since 2022, overseeing operations, customer care, project development and safety.
Chesapeake Utilities Corporation (NYSE: CPK) and subsidiary Florida City Gas committed $500,000 to the Rockledge Department of Safety Regional Training Center to strengthen first responder training and regional safety on Florida's Space Coast. The gift will be paid in five annual $100,000 installments from 2026–2030.
The sponsorship supports scenario-based training across police, fire and EMS and upgrades to facilities including a three-story tower, confined-space and natural gas leak simulators, vehicle extrication areas, a burn building and classrooms.
Chesapeake Utilities (NYSE: CPK) reported 2025 net income of $140.3M ($5.97 EPS) and adjusted EPS of $6.01, a ~11.5% increase versus 2024. Adjusted gross margin rose by $71.1M (12.5%). Capital spending hit a record $470.4M in 2025; 2026 capex guidance is $450–$500M and 2024–2028 capex remains $1.5–$1.8B. Equity to total capitalization approximated 50% at year-end 2025.
Chesapeake Utilities (NYSE: CPK) declared a quarterly cash dividend of $0.685 per share, payable April 6, 2026, to shareholders of record at the close of business March 16, 2026.
The company has paid dividends without interruption for 65 years and has increased its annualized dividend every year since 2004, reflecting a long history of shareholder distributions.
Chesapeake Utilities (NYSE: CPK) will host its fourth-quarter and full-year 2025 earnings conference call and webcast on February 26, 2026 at 8:30 a.m. ET. The company will issue its earnings release on February 25, 2026 after market close.
Registration, a live webcast, the accompanying presentation, and a replay will be available via the Events & Presentations section at www.chpk.com. Phone dial-in details and a conference ID are provided for analysts and investors.
Chesapeake Utilities (NYSE: CPK) will provide natural gas service to the new Sussex Technical High School campus, Delaware's largest school construction project, supporting a new 400,000+ square‑foot facility with expanded capacity.
The project supports a nearly four‑mile natural gas main extension, with the campus construction estimated at approximately $249 million and a planned opening in September 2027.
Chesapeake Utilities (NYSE: CPK) was selected by the Accomack County Board of Supervisors to design and build a new natural gas system to extend pipeline service from outside Princess Anne, Maryland, to Temperanceville, Virginia. Accomack County will contribute $6.5 million via a state grant to start the work.
The system is intended to serve homes and major employers including NASA Wallops Flight Facility and regional poultry facilities, provisioned to provide a lower-cost alternative to electricity and heating oil. Funding will cover engineering, permitting, land acquisition and a capital estimate for the first phase.
Chesapeake Utilities (NYSE: CPK) said subsidiaries Florida City Gas and Florida Public Utilities were named 2025 Utility Customer Champions by Escalent.
Both utilities scored 769 on Escalent's Engaged Customer Relationship Index; Florida City Gas earned its fourth recognition and Florida Public Utilities received the honor for the first time.
Chesapeake Utilities (NYSE: CPK) was named Employer Champion of the Year for Kent County by the Delaware Department of Labor on November 12, 2025.
The award recognizes the company's workplace accessibility and inclusion efforts, including its DiverseAbilities Employee Resource Group and community initiatives that raised over $8,000 for autism research and supported Special Olympics, Sunshine Foundation Dream Village, and epilepsy awareness events.
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.