Chesapeake Utilities Corporation (CPK)

NYSE: CPK · IEX Real-Time Price · USD
137.75
+1.60 (1.18%)
Aug 18, 2022 4:00 PM EDT - Market closed
1.18%
Market Cap 2.44B
Revenue (ttm) 630.05M
Net Income (ttm) 89.17M
Shares Out 17.74M
EPS (ttm) 5.02
PE Ratio 27.44
Forward PE 26.81
Dividend $1.98 (1.43%)
Ex-Dividend Date Sep 14, 2022
Volume 40,855
Open 137.26
Previous Close 136.15
Day's Range 135.63 - 138.13
52-Week Range 117.43 - 146.30
Beta 0.56
Analysts Buy
Price Target 144.69 (+5.0%)
Earnings Date Aug 3, 2022

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 engages in the natural gas distribution operations in central and southern Delaware, Maryland's eastern shore, and Florida; regulated natural gas transmission in the Delmarva Peninsula 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, N... [Read more...]

Industry Gas Utilities
Founded 1990
CEO Jeffry Householder
Employees 1,007
Stock Exchange NYSE
Ticker Symbol CPK
Full Company Profile

Financial Performance

In 2021, CPK's revenue was $569.97 million, an increase of 16.75% compared to the previous year's $488.20 million. Earnings were $83.47 million, an increase of 16.74%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CPK stock is "Buy." The 12-month stock price forecast is 144.69, which is an increase of 5.04% from the latest price.

Price Target
$144.69
(5.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Reasons Why Chesapeake Utilities (CPK) Is a Great Growth Stock

Chesapeake Utilities (CPK) could produce exceptional returns because of its solid growth attributes.

Chesapeake Utilities Corporation Announces Quarterly Dividend

DOVER, Del. , Aug. 4, 2022 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.535 per share on t...

Chesapeake Utilities (CPK) Q2 Earnings and Revenues Top Estimates

Chesapeake Utilities (CPK) delivered earnings and revenue surprises of 8.64% and 7.53%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2022 RESULTS

Year-to-date earnings increased to $3.04 per share from $2.75, an increase of $0.29 or 10.5 percent, compared to the prior year Earnings per share ("EPS")* was $0.96 for the second quarter of 2022, an i...

Sheree M. Petrone and Stephanie N. Gary Appointed to Chesapeake Utilities Corporation Board of Directors

DOVER, Del. , July 25, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) today announced that as part of the Board's ongoing succession planning, Sheree M.

Chesapeake Utilities to Host Second Quarter 2022 Earnings Conference Call on August 4th

DOVER, Del. , July 18, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, August 4, 2022, at 4:00 p.m.

Investing During Recessions: Stocks With Positive Track Records During Economic Turmoil

Investors can ride out a downturn by sticking to these recession-proof stocks, experts say.

Other symbols: FIZZGISMCDSJMWMT

Chesapeake Utilities Corporation Announces New Diversity Officer

DOVER, Del. , June 9, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Sharon Grant joined the Company as assistant vice president and divers...

Chesapeake Utilities Corporation to Host Live Webcast During 2022 AGA Financial Forum

DOVER, Del. , May 16, 2022 /PRNewswire/ -- The Company announced today that Jeff Householder, president and CEO, Beth Cooper, executive vice president, CFO, treasurer and assistant corporate secretary a...

Chesapeake Utilities Corporation Announces Two New Assistant Vice President Roles

Andrena Burd will lead risk management Puru Buddha will lead enterprise applications DOVER, Del. , May 10, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announ...

Chesapeake Utilities Corporation Raises Dividend by 11.5 Percent

DOVER, Del. , May 4, 2022 /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 Company...

Chesapeake Utilities (CPK) Q1 Earnings and Revenues Top Estimates

Chesapeake Utilities (CPK) delivered earnings and revenue surprises of 0.97% and 17.43%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2022 RESULTS

Earnings per share ("EPS")* was $2.08 for the first quarter of 2022, an increase of $0.12, or 6.1 percent, compared to $1.96 for the first quarter of 2021 Quarter-over-quarter growth driven primarily by...

Chesapeake Utilities Corporation Announces Capacity Expansion to Meet Growing Customer Demand along Coastal Delaware ...

Capital Investment of $6.3 Million DOVER, Del., May 2, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it is in the final pre-construction stage associated with a ...

Utility Stocks Q1 Earnings Due on May 3: CNP, EIX & More

Total Q1 earnings of Utility stocks are expected to increase 9.3% year over year, while revenues are likely to decline 8%. CNP, EIX, CMS, PEG & CPK are set to report Q1 results on May 3

Other symbols: CMSCNPEIXPEG

Chesapeake Utilities to Host First Quarter 2022 Earnings Conference Call on May 4th

DOVER, Del. , April 19, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Wednesday, May 4, 2022, at 4:00 p.m.

Chesapeake Utilities Corporation Opens CNG Fueling Station in Georgia

Operated by Marlin Compression near the Port of Savannah New Georgia-based compressed natural gas fueling station offers a significant reduction in greenhouse gas emission levels. DOVER, Del.

Other symbols: SO

Chesapeake Utilities Corporation Celebrates Gas Utility Workers' Day

DOVER, Del., March 17, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) proudly joins gas companies across the nation to celebrate Gas Utility Workers' Day, recog...

Chesapeake Utilities Corporation's Steinmetz Earns Accolades

DOVER, Del., March 8, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that Joe Steinmetz, vice president and controller, was selected by the Controllers Council as the ...

OPAL Fuels Commences Commercial Operation of Noble Road Renewable Natural Gas Facility at Rumpke Waste & Recycling La...

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--OPAL Fuels LLC, a vertically integrated producer and distributor of renewable natural gas (RNG), today announced it has commenced commercial operation of a new facil...

Chesapeake Utilities Corporation Releases Inaugural Sustainability Report, Establishes Two New Roles to Further Advan...

DOVER, Del., Feb. 24, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today the publication of its inaugural Sustainability Report, which affirms the Company's environmental,...

Chesapeake Utilities (CPK) Q4 Earnings Miss Estimates

Chesapeake Utilities (CPK) delivered earnings and revenue surprises of -0.78% and 2.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

CHESAPEAKE UTILITIES CORPORATION REPORTS RECORD EARNINGS FOR FISCAL YEAR 2021

DOVER, Del. , Feb. 23, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced financial results for the year and the fourth quarter e...

Utility Stock Q4 Earnings to Watch on Feb 23: ETR, NI & More

Total Q4 earnings of Utility stocks are expected to drop 1.5% year over year on 10.5% higher revenues. ETR, NI, OGS, WTRG, CPK & AVA are set to release their quarterly figures on Feb 23

Other symbols: AVAETRNIOGSWTRG

Chesapeake Utilities Corporation Completes Testing of Hydrogen Blending in Continued Move Toward Lower Carbon Energy ...

DOVER, Del., Feb. 22, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it successfully blended hydrogen with natural gas to power the Company's Eight Flags Energy C...