Chesapeake Utilities Corporation (CPK)

NYSE: CPK · IEX Real-Time Price · USD
101.28
-4.62 (-4.36%)
Sep 27, 2023, 4:00 PM EDT - Market closed
-4.36%
Market Cap 1.80B
Revenue (ttm) 672.08M
Net Income (ttm) 88.29M
Shares Out 17.80M
EPS (ttm) 4.94
PE Ratio 20.50
Forward PE 18.06
Dividend $2.36 (2.33%)
Ex-Dividend Date Sep 14, 2023
Volume 131,193
Open 105.94
Previous Close 105.90
Day's Range 100.85 - 107.47
52-Week Range 100.85 - 132.91
Beta 0.57
Analysts Hold
Price Target 116.67 (+15.2%)
Earnings Date Nov 1, 2023

About CPK

Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula, Ohio, and Florida; and regulated electric distribution in northeast and northwest Florida. The Unregulated Energy segment engages in the propane operations in the Mid-Atlantic region, North Car... [Read more]

Sector Utilities
Founded 1990
Employees 1,034
Stock Exchange NYSE
Ticker Symbol CPK
Full Company Profile

Financial Performance

In 2022, CPK's revenue was $680.70 million, an increase of 19.43% compared to the previous year's $569.97 million. Earnings were $89.80 million, an increase of 7.58%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CPK stock is "Hold." The 12-month stock price forecast is $116.67, which is an increase of 15.20% from the latest price.

Price Target
$116.67
(15.20% upside)
Analyst Consensus: Hold
Stock Forecasts

News

NextEra Energy announces sale agreement for Florida City Gas and reaffirms long-term outlook

JUNO BEACH, Fla. , Sept. 26, 2023 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced its Florida Power & Light Company (FPL) subsidiary has entered into a definitive agreement to sell Fl...

Other symbols: NEE
1 day ago - PRNewsWire

Chesapeake Utilities Corporation to Acquire Florida City Gas

Transformative acquisition more than doubles operations in high-growth Florida service areas Positions CPK to execute on additional growth opportunities in regulated and unregulated businesses Support...

Other symbols: NEE
1 day ago - PRNewsWire

Chesapeake Utilities Corporation Celebrates Four ARC International Awards for Excellence in Sustainability Reporting

DOVER, Del. , Sept. 13, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it was recognized with four MerComm ARC International Awards for its 2022 Sustainability ...

14 days ago - PRNewsWire

Chesapeake Utilities Corporation Participating in the NYSE Energy & Utilities Virtual Investor Access Day

DOVER, Del. , Sept. 8, 2023 /PRNewswire/ -- On September 12, 2023, Management from Chesapeake Utilities Corporation (NYSE:CPK) (the "Company") will participate in the New York Stock Exchange's ("NYSE"...

19 days ago - PRNewsWire

CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2023 RESULTS

Earnings per share ("EPS")* for the second quarter of 2023 was $0.90 compared to $0.96 per share for the second quarter of 2022 which included a non-recurring gain of $0.08 per share; Operating income...

7 weeks ago - PRNewsWire

Chesapeake Utilities Corporation Announces Quarterly Dividend

DOVER, Del. , Aug. 3, 2023 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.59 per share on ...

7 weeks ago - PRNewsWire

Chesapeake Utilities to Host its Second Quarter 2023 Earnings Conference Call and Webcast on August 4, 2023

DOVER, Del., June 28, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 4, 2023, at 8:30 a.m.

3 months ago - PRNewsWire

Chesapeake Utilities Corporation Partners with SAP and IBM to Improve Customer Experience

New Customer Information System Platform Offers Best-in-Class Technology Solution DOVER, Del. , June 6, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that it has pa...

4 months ago - PRNewsWire

Chesapeake Utilities Corporation Subsidiaries Earn American Gas Association Safety Awards

DOVER, Del. , May 25, 2023 /PRNewswire/ -- Florida Public Utilities Company, Eastern Shore Natural Gas Company and Aspire Energy of Ohio, subsidiaries of Chesapeake Utilities Corporation (NYSE:CPK), w...

4 months ago - PRNewsWire

Chesapeake Utilities Corporation Publishes 2022 Sustainability Report

Advancements in environmental stewardship, engagement and governance DOVER, Del. , May 16, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today released its 2022 Sustainability Repo...

4 months ago - PRNewsWire

Chesapeake Utilities Corporation to Host Live Webcast During 2023 AGA Financial Forum

DOVER, Del. , May 15, 2023 /PRNewswire/ -- The Company announced today that Jeff Householder, Chairman of the Board, president and CEO, Beth Cooper, executive vice president, CFO, treasurer and assist...

4 months ago - PRNewsWire

CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2023 RESULTS

Earnings per share ("EPS")* was $2.04 for the first quarter of 2023, compared to $2.08 for the first quarter of 2022 Customer consumption was significantly impacted by historically warmer temperatures...

5 months ago - PRNewsWire

Chesapeake Utilities Corporation Raises Dividend by 10.3 Percent

DOVER, Del. , May 3, 2023 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Compa...

5 months ago - PRNewsWire

Chesapeake Utilities to Host its First Quarter 2023 Earnings Conference Call and Webcast on May 4, 2023

DOVER, Del. , April 13, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, May 4, 2023, at 8:30 a.m.

5 months ago - PRNewsWire

CHESAPEAKE UTILITIES CORPORATION REPORTS RECORD EARNINGS FOR FISCAL YEAR 2022

Full year 2022 earnings per share ("EPS")* of $5.04, an increase of $0.31 or 6.6 percent, compared to $4.73 for the prior year EPS of $1.47 in the fourth quarter, an increase of $0.19 or 14.8 percent ...

7 months ago - PRNewsWire

Chesapeake Utilities Corporation to Develop its First RNG Facility in Florida

FPU Renewables LLC will construct, own and operate facility at Full Circle Dairy DOVER, Del. , Feb. 21, 2023 /PRNewswire/ -- FPU Renewables LLC today announced plans to construct, own and operate a da...

7 months ago - PRNewsWire

Chesapeake Utilities Corporation Named to Top Workplaces USA for Third Consecutive Year

DOVER, Del., Feb. 13, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced that it is a 2023 Top Workplaces USA award recipient for mid-sized companies for the third consecutive...

8 months ago - PRNewsWire

Chesapeake Utilities to Host its Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast on Feb. 23, 2023

DOVER, Del. , Feb. 8, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 23, 2023, at 8:30 a.m.

8 months ago - PRNewsWire

Chesapeake Utilities Corporation Establishes RNG Injection Point in Florida

Gate system enhancement enables alternative fuels into pipeline delivery system DOVER, Del. , Feb. 6, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announces the establishment of a...

8 months ago - PRNewsWire

Chesapeake Utilities Corporation Receives Approval to Expand Natural Gas Infrastructure in Nassau County, Florida

Project Supports Continued Expansion of Wildlight Development DOVER, Del. , Jan. 30, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it received approval from th...

8 months ago - PRNewsWire

Chesapeake Utilities Corporation Receives FERC Approval to Construct Additional Compression Facilities in Sussex County, Delaware

New Infrastructure Supports Peak Service Demands on Delmarva Peninsula DOVER, Del. , Jan. 23, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Eas...

8 months ago - PRNewsWire

Chesapeake Utilities Corporation Expands Propane Services in Florida with Acquisition of Hernando Gas

DOVER, Del. , Dec. 16, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Florida Public Utilities (FPU), has acquired the propane operating assets ...

10 months ago - PRNewsWire

Chesapeake Utilities Corporation Team Earns Legal, Corporate Governance Accolades

Jim Moriarty named Top Attorney; Stacie Roberts named Top Woman in Business DOVER, Del. , Dec. 12, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that Jim Moriarty, ...

10 months ago - PRNewsWire

Chesapeake Utilities Corporation Announces Acquisition of Planet Found

Proprietary poultry waste technology expands the Company's waste-to-energy capabilities DOVER, Del. , Nov. 7, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it ...

11 months ago - PRNewsWire