Chesapeake Utilities Corporation (CPK)
| Market Cap | 2.34B |
| Revenue (ttm) | 670.60M |
| Net Income (ttm) | 87.21M |
| Shares Out | 22.24M |
| EPS (ttm) | 4.73 |
| PE Ratio | 22.23 |
| Forward PE | 19.17 |
| Dividend | $2.36 (2.25%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 69,624 |
| Open | 106.50 |
| Previous Close | 106.17 |
| Day's Range | 105.13 - 106.50 |
| 52-Week Range | 83.80 - 132.91 |
| Beta | 0.61 |
| Analysts | Buy |
| Price Target | 109.67 (+4.32%) |
| Earnings Date | May 8, 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, CPK'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 3 analysts, the average rating for CPK stock is "Buy." The 12-month stock price forecast is $109.67, which is an increase of 4.32% from the latest price.
News
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 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 Corporation Announces Quarterly Dividend
DOVER, Del. , Feb. 20, 2024 /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 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...
CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2023 RESULTS
Earnings per share ("EPS")* for the third quarter of 2023 was $0.53 compared to $0.54 per share for the third quarter of 2022 Adjusted EPS** for the third quarter of 2023, which excludes transaction-r...
Chesapeake Utilities Corporation is an Industry Anchor Partner of the Infrastructure Funded Mid-Atlantic Clean Hydrogen Hub
DOVER, Del., Oct. 31, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) continues to advance the lower-carbon economy transition as an industry anchor partner with the Mid-Atlantic Cle...
Chesapeake Utilities Corporation Announces $80 Million Investment to Support Growing Energy Demand on the Delmarva Peninsula
DOVER, Del. , Oct. 18, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that its subsidiary, Eastern Shore Natural Gas Company (ESNG), plans to invest $80 million in t...
Chesapeake Utilities to Host its Third Quarter 2023 Earnings Conference Call and Webcast on November 3, 2023
DOVER, Del. , Oct. 12, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 3, 2023, at 8:30 a.m.
Chesapeake Utilities Corporation Named Champion of Board Diversity by The Forum of Executive Women
DOVER, Del. , Oct. 11, 2023 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) has announced its designation as a 2023 Champion of Board Diversity by The Forum of Executive Women, joining ot...
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 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...