Chesapeake Utilities Corporation (CPK)
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]
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 StatementsAnalyst 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.
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...

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...

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 ...

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"...

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...

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 ...

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.

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...

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...

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...

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...

Chesapeake Utilities Corporation Board of Directors Appoints Jeffry M. Householder as Chair of the Board and Thomas J.
Retiring Directors John R. Schimkaitis, Calvert A.

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...

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...

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.

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 ...

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...

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...

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.

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...

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...

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...

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 ...

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, ...

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 ...