Earnings summaries and quarterly performance for CHESAPEAKE UTILITIES.
Executive leadership at CHESAPEAKE UTILITIES.
Jeffry M. Householder
Detailed
President and Chief Executive Officer
CEO
BW
Beth W. Cooper
Detailed
Executive Vice President, Chief Financial Officer, Treasurer and Assistant Corporate Secretary
JF
James F. Moriarty
Detailed
Executive Vice President, General Counsel, Corporate Secretary and Chief Policy and Risk Officer
JS
Jeffrey S. Sylvester
Detailed
Senior Vice President and Chief Operating Officer
KJ
Kevin J. Webber
Detailed
Senior Vice President and Chief Development Officer
Board of directors at CHESAPEAKE UTILITIES.
Research analysts who have asked questions during CHESAPEAKE UTILITIES earnings calls.
CE
Christopher Ellinghaus
Siebert Williams Shank & Co., LLC
3 questions for CPK
Also covers: BKH, CTRI, ECG +12 more
PF
Paul Fremont
Ladenburg Thalmann
3 questions for CPK
Also covers: AEE, CNP, DTE +17 more
TS
Tate Sullivan
Maxim Group
2 questions for CPK
Also covers: ABM, AMPS, BEEM +17 more
DL
Dylan Lipner
Ladenburg Thalmann
1 question for CPK
Also covers: OGE, PNW, SR +1 more
MB
Michael Brown
Wells Fargo Securities
1 question for CPK
Also covers: APO, ARES, BAM +19 more
Michael Gaugler
Janney Montgomery Scott LLC
1 question for CPK
Also covers: CWT, RGCO, SJW +1 more
Nicholas Campanella
Barclays
1 question for CPK
Also covers: AEE, AEP, AES +32 more
Recent press releases and 8-K filings for CPK.
Chesapeake Utilities Awarded Natural Gas Expansion Bid
CPK
New Projects/Investments
- Chesapeake Utilities Corporation (CPK) has been awarded a natural gas expansion bid by the Accomack County Board of Supervisors, authorizing the company to engineer, construct, own, and operate a new natural gas system on Virginia's Eastern Shore.
- Accomack County will contribute $6.5 million through a state grant to initiate the project, which involves extending natural gas pipeline infrastructure from Princess Anne, Maryland, to Temperanceville, Virginia.
- This expansion aims to provide a lower-cost, reliable energy alternative for homes and major employers, including the NASA Wallops Flight Facility, and is identified as a key driver for economic development in the region.
1 day ago
CPK Reports Q3 2025 Financial Highlights and Updates Guidance
CPK
Earnings
Guidance Update
Debt Issuance
- CPK reported Adjusted EPS of $0.82 for Q3 2025, a 3% increase from Q3 2024, and $4.06 for YTD 2025, an 8% increase from YTD 2024. The company reaffirmed its 2025 Adjusted EPS guidance range of $6.15 - $6.35.
- Adjusted Gross Margin for Q3 2025 increased 12% to $137.2 million from Q3 2024, and for YTD 2025, it increased 12% to $462.4 million from YTD 2024.
- The company increased its 2025 Capital Expenditure Guidance to $425 - $450 million, an increase of $25 million from the top end of the prior range, with YTD 2025 CapEx at $336 million.
- CPK issued $200 million of new long-term debt in Q3 2025 and reported a 3.2% increase in average natural gas residential customers. The 2025 annualized dividend per share is $2.74, reflecting a 7% annual increase.
Nov 7, 2025, 1:30 PM
Chesapeake Utilities Discusses Q3 2025 Performance and Future Outlook
CPK
Earnings
Guidance Update
New Projects/Investments
- Chesapeake Utilities reported double-digit growth in earnings and an excellent outlook for 2026.
- The company expects to maintain its $1.5 billion-$1.8 billion capital expenditure target through 2028, with a potential update or extension of guidance in February 2027.
- Delmarva growth is trending ahead of Florida year-to-date, with Sussex County, Delaware, identified as one of the fastest-growing counties in the country.
- An amended request for $19 million related to the amortization of the depreciation reserve could be factored into 2025 earnings if an order is received by the first two weeks of February.
Nov 7, 2025, 1:30 PM
Chesapeake Utilities Reports Q3 2025 Results, Reaffirms EPS Guidance, and Increases Capital Guidance
CPK
Earnings
Guidance Update
Debt Issuance
- Chesapeake Utilities Corporation reported net income of $19.4 million and EPS of $0.82 for the third quarter of 2025, with adjusted net income of $19.5 million and adjusted EPS of $0.82. For the nine months ended September 30, 2025, net income was $94.2 million and adjusted net income was $94.9 million, resulting in EPS of $4.03 and adjusted EPS of $4.06.
- The company re-affirmed its 2025 Adjusted EPS guidance of $6.15 - $6.35 and its 2028 EPS guidance of $7.75 - $8.00.
- Chesapeake Utilities increased its 2025 capital guidance range to $425-$450 million and re-affirmed its 2024-2028 capital expenditure guidance of $1.5 billion - $1.8 billion.
- During the third quarter of 2025, the company issued $200 million in unsecured Senior Notes with an average rate of 5.04%.
Nov 6, 2025, 9:56 PM
Chesapeake Utilities Reports Q3 2025 Results and Updates Guidance
CPK
Earnings
Guidance Update
New Projects/Investments
- Chesapeake Utilities Corporation reported net income of $19.4 million and EPS of $0.82 for the third quarter of 2025, and $94.2 million and $4.03 respectively, for the nine months ended September 30, 2025.
- Adjusted net income was $19.5 million and Adjusted EPS was $0.82 for the third quarter of 2025, with nine-month figures at $94.9 million and $4.06 respectively.
- The company re-affirmed its 2025 Adjusted EPS guidance in the range of $6.15 - $6.35 and increased its 2025 capital guidance range to $425-$450 million.
- Adjusted gross margin grew by $15.2 million for the three-month period and $49.3 million for the nine-month period ended September 30, 2025, driven primarily by natural gas organic growth, transmission expansion projects, regulatory initiatives, and increased compressed natural gas, renewable natural gas, and liquified natural gas services.
Nov 6, 2025, 9:50 PM
Quarterly earnings call transcripts for CHESAPEAKE UTILITIES.
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