Chesapeake Utilities Corporation (CPK)
| Market Cap | 2.65B |
| Revenue (ttm) | 728.90M |
| Net Income (ttm) | 99.17M |
| Shares Out | 22.45M |
| EPS (ttm) | 4.80 |
| PE Ratio | 24.59 |
| Forward PE | 20.91 |
| Dividend | $2.56 (2.17%) |
| Ex-Dividend Date | Sep 16, 2024 |
| Volume | 43,507 |
| Open | 119.41 |
| Previous Close | 118.61 |
| Day's Range | 117.44 - 119.41 |
| 52-Week Range | 83.80 - 125.34 |
| Beta | 0.62 |
| Analysts | Buy |
| Price Target | 115.75 (-1.89%) |
| Earnings Date | Oct 31, 2024 |
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 2023, Chesapeake Utilities's revenue was $670.60 million, a decrease of -1.48% compared to the previous year's $680.70 million. Earnings were $87.21 million, a decrease of -2.88%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CPK stock is "Buy." The 12-month stock price forecast is $115.75, which is a decrease of -1.89% from the latest price.
News
Chesapeake Utilities Corporation Releases 2023 Environmental Stewardship Report
DOVER, Del. , Sept. 23, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announces the release of its 2023 Environmental Stewardship Report, which can be accessed at www.chpk.com.
Chesapeake Utilities Corporation (CPK) Q2 2024 Earnings Call Transcript
Chesapeake Utilities Corporation (NYSE:CPK) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Lucia Dempsey – Head, Investor Relations Jeff Householder - Chief Executive...
CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2024 RESULTS
Net income and earnings per share ("EPS")* were $18.3 million and $0.82, respectively, for the second quarter of 2024, and $64.4 million and $2.89, respectively, for the six months ended June 30, 2024...
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del. , Aug. 8, 2024 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.64 per share on ...
Chesapeake Utilities to Host its Second Quarter 2024 Earnings Conference Call and Webcast on August 9, 2024
DOVER, Del. , July 22, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 9, 2024 at 8:30 a.m.
Chesapeake Utilities Receives Approval for New Infrastructure to Support Three Renewable Natural Gas Projects in Florida
Using Renewable Energy to Support Growing Markets DOVER, Del. , July 16, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that its subsidiary, Peninsula Pipeline Compa...
Chesapeake Utilities Subsidiary Completes First Renewable Natural Gas Injections from Full Circle Dairy Facility in Florida
DOVER, Del. , June 26, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the first injections of renewable natural gas (RNG) at its Radio Avenue injection point in Yule...
Chesapeake Utilities Corporation Named Best for Corporate Governance in the United States for the Second Time
DOVER, Del. , June 25, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it was named Best for Corporate Governance in the United States by World News Media Ltd.
Chesapeake Utilities Corporation. (CPK) Q1 2024 Earnings Call Transcript
Chesapeake Utilities Corporation (NYSE:CPK) Q1 2024 Results Conference Call May 9, 2024 8:30 AM ET Company Participants Lucia Dempsey - Head of Investor Relations Jeff Householder - President, Chief ...
CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2024 RESULTS
Earnings per share ("EPS")* for the first quarter of 2024 was $2.07 compared to $2.04 per share for the first quarter of 2023 Adjusted EPS** for the first quarter of 2024, which excludes transaction a...
Chesapeake Utilities Corporation Raises Dividend by 8.5 Percent
DOVER, Del. , May 8, 2024 /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...
Apple, Cardinal Health Among 12 Companies To Announce Dividend Increases In First Half Of May
Eleven long-term dividend growth companies announced their annual dividend increases in the second half of April. Investors were rewarded with 10%+ increases from Grainger and Parker-Hannifin.
Chesapeake Utilities Corporation Gains Approval to Establish Energy Efficiency Programs in Delaware
Public Service Commission Votes to Approve Programs Benefitting Delaware Residents DOVER, Del. , April 22, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today the Delawar...
Chesapeake Utilities Corporation Names Head of Investor Relations
Company Welcomes Lucia Dempsey DOVER, Del. , April 18, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced that Lucia Dempsey has joined the Company as head of investor relatio...
Chesapeake Utilities to Host its First Quarter 2024 Earnings Conference Call and Webcast on May 9, 2024
DOVER, Del. , April 17, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, May 9, 2024 at 8:30 a.m.
Chesapeake Utilities Corporation Releases 2023 Safety and Reliability Report
DOVER, Del. , April 16, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) issued its 2023 Safety and Reliability Report today, providing updates on the related topics most important to...
Chesapeake Utilities Corporation (CPK) Q4 2023 Earnings Call Transcript
Chesapeake Utilities Corporation (CPK) Q4 2023 Earnings Call Transcript
CHESAPEAKE UTILITIES CORPORATION REPORTS FISCAL YEAR 2023 RESULTS
Full Year 2023 earnings per share ("EPS")* was $4.73, including transaction-related expenses attributable to the acquisition of Florida City Gas ("FCG") of $0.58 per share, compared to $5.04 per share...
Chesapeake Utilities to Host its Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast on February 22, 2024
DOVER, Del., Feb. 6, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 22, 2024 at 8:30 a.m.
Chesapeake Utilities Corporation Breaks Ground for Safety Training Facility in Florida
Second State-of the-Art Safety Training Center Underway DOVER, Del. , Feb. 2, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it broke ground for its second safe...
Chesapeake Utilities Corporation Expands Propane Services in North Carolina with Acquisition of J.T. Lee and Son's
DOVER, Del. , Dec. 19, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Sharp Energy, has acquired the propane operating assets of J.T.
Chesapeake Utilities Corporation Completes Acquisition of Florida City Gas
Transformative transaction more than doubles operations in high-growth Florida; expands regulated utility business mix and aligns with long-term earnings and dividend growth targets. DOVER, Del.
Chesapeake Utilities Corporation to Present at Sidoti Virtual Investor Conference December 6, 2023
DOVER, Del. , Nov. 29, 2023 /PRNewswire/ -- The Company announced today that members of Management of Chesapeake Utilities Corporation (NYSE: CPK) will present and host one-on-one meetings with invest...
Chesapeake Utilities Announces Pricing of Public Offering of Common Stock
DOVER, Del. , Nov. 10, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the pricing of an underwritten public offering of 3,859,649 shares of its common stock at an of...
Chesapeake Utilities Announces Public Offering of $330 Million of Shares of Common Stock
DOVER, Del. , Nov. 9, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the commencement of an underwritten public offering of $330,000,000 of shares of its common stoc...