Welcome to our dedicated page for Chesapeake Utils news (Ticker: CPK), a resource for investors and traders seeking the latest updates and insights on Chesapeake Utils 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) 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.
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.