Business Description
Chesapeake Utilities Corporation (CPK) operates as a diversified energy enterprise, delivering a range of energy solutions to its customers. The company's operations are distinctly divided into two primary segments: Regulated Energy and Unregulated Energy. The Regulated Energy division manages essential utility services, which include the distribution of natural gas across central and southern Delaware, Maryland's eastern shore, and various parts of Florida. This segment also handles the regulated transmission of natural gas throughout the Delmarva Peninsula and within Florida, in addition to providing regulated electricity distribution services in specific regions of northeast and northwest Florida. Conversely, the Unregulated Energy segment encompasses a broader array of activities. These include propane distribution across the Mid-Atlantic region, North Carolina, South Carolina, and Florida, along with unregulated natural gas transmission and supply services in central and eastern Ohio. This segment is also involved in generating electricity and steam, as well as offering specialized transportation and pipeline solutions for compressed natural gas (CNG), liquefied natural gas (LNG), and renewable natural gas (RNG), primarily serving utilities and other pipeline operators in the eastern U.S. Furthermore, it delivers additional non-regulated energy solutions, such as sales of energy-related merchandise, heating, ventilation, and air conditioning (HVAC) services, and plumbing and electrical repair services. Established in 1859, Chesapeake Utilities Corporation maintains its corporate headquarters in Dover, Delaware.
Business History
Price Overview
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 6.00
Total Equity: $1.60B
Shares: 23,488,000
Total Debt: $1.63B
Cash: $1.80M
EBITDA: $373.40M
Total Debt: $1.63B
Cash: $1.80M
Revenue: $930.00M
Revenue: $930.00M
Revenue: $930.00M
Total Equity: $1.60B
Tax Rate: 27.3%
Equity: $1.60B
Total Debt: $1.63B
Cash: $1.80M
Current Liabilities: $529.90M
Long-Term Debt: $1.34B
Total Debt: $1.63B
Total Equity: $1.60B
Shares: 23,488,000
Shares: 23,488,000
CapEx: -$448.60M
Shares: 23,488,000
Stock Price: $125.00
Net Income: $140.30M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jul 4, 2026 4:43am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $570.0M | $680.7M | $670.6M | $787.2M | $930.0M |
| Cost of Revenue | $352.0M | $443.2M | $415.3M | $452.4M | $635.9M |
| Gross Profit | $217.9M | $237.5M | $255.3M | $334.8M | $294.1M |
| Operating Expenses | $86.8M | $94.6M | $104.5M | $106.6M | $36.5M |
| Operating Income | $131.1M | $142.9M | $150.8M | $228.2M | $257.6M |
| Net Income | $83.5M | $89.8M | $87.2M | $118.6M | $140.3M |
| EBITDA | $205.7M | $228.0M | $229.6M | $311.7M | $373.4M |
| EPS | $4.75 | $5.07 | $4.75 | $5.28 | $6.00 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 4, 2026 4:43am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $5.0M | $6.2M | $4.9M | $7.9M | $1.8M |
| Total Current Assets | $170.3M | $194.0M | $185.7M | $204.3M | $237.0M |
| Total Assets | $2.1B | $2.2B | $3.3B | $3.6B | $4.0B |
| Current Liabilities | $376.4M | $369.0M | $386.4M | $419.4M | $529.9M |
| Long-Term Debt | $549.9M | $578.4M | $1.2B | $1.3B | $1.3B |
| Total Liabilities | $1.3B | $1.4B | $2.1B | $2.2B | $2.4B |
| Total Equity | $774.1M | $832.8M | $1.2B | $1.4B | $1.6B |
| Retained Earnings | $393.1M | $445.5M | $488.7M | $550.3M | $626.8M |
Cash Flow (Annual)
Last updated: Jul 4, 2026 4:43am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $150.5M | $158.9M | $203.5M | $239.4M | $233.7M |
| Capital Expenditure | -$186.9M | -$128.3M | -$188.6M | -$355.3M | -$448.6M |
| Free Cash Flow | -$36.4M | $30.6M | $14.9M | -$115.9M | -$214.9M |
| Acquisitions (net) | -$36.4M | -$11.8M | -$925.0M | $600,000 | $12.9M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $-28,000 | $0 | $0 |
| Net Change in Cash | $1.5M | $1.2M | -$1.3M | $3.0M | -$6.1M |
Analyst Estimates (Annual)
Last updated: Jul 4, 2026 4:43am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$1.1B $983.2M – $1.1B
|
$1.1B $1.1B – $1.1B
|
$1.2B $1.1B – $1.2B
|
$1.2B $1.1B – $1.2B
|
| EBITDA |
$385.8M $361.0M – $401.1M
|
$399.1M $395.3M – $402.9M
|
$424.6M $409.9M – $435.3M
|
$435.2M $420.1M – $446.1M
|
| Net Income |
$170.7M $164.0M – $177.3M
|
$185.9M $184.1M – $187.6M
|
$198.6M $189.7M – $205.1M
|
$212.1M $202.6M – $219.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 4, 2026 4:43am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +19.4% | -1.5% | +17.4% | +18.1% |
| Gross Profit Growth | +9.0% | +7.5% | +31.1% | -12.2% |
| Operating Income Growth | +9.0% | +5.5% | +51.3% | +12.9% |
| Net Income Growth | +7.6% | -2.9% | +36.0% | +18.3% |
| EBITDA Growth | +10.8% | +0.7% | +35.8% | +19.8% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-21 | Householder Jeffry M | S-Sale | 1,676.00 | $125.40 | $210,170 |
| 2026-05-21 | Householder Jeffry M | S-Sale | 8,321.00 | $126.27 | $1.1M |
| 2026-05-21 | Householder Jeffry M | S-Sale | 3.00 | $127.56 | $383 |
| 2026-05-20 | Webber Kevin J | S-Sale | 2,000.00 | $127.37 | $254,740 |
| 2026-02-24 | Galtman Michael D | F-InKind | 973.00 | $135.05 | $131,404 |
| 2026-02-24 | Webber Kevin J | F-InKind | 79.00 | $135.05 | $10,669 |
| 2026-02-24 | Sylvester Jeffery S | F-InKind | 307.00 | $135.05 | $41,460 |
| 2026-02-24 | Moriarty James F | F-InKind | 3,725.00 | $135.05 | $503,061 |
| 2026-02-24 | Cooper Beth W | F-InKind | 3,480.00 | $135.05 | $469,974 |
| 2026-02-24 | Householder Jeffry M | F-InKind | 497.00 | $135.05 | $67,120 |
| 2026-05-06 | Petrone Sheree M. | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-05-06 | Jaber Lila A | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-05-06 | Eden Elisabeth A | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-05-06 | Forsythe Ronald G Jr | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-05-06 | BRESNAN THOMAS J | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-05-06 | Bisaccia Lisa | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-05-06 | HUDSON DENNIS S III | A-Award | 1,112.00 | $125.83 | $139,923 |
| 2026-02-24 | Cooper Beth W | A-Award | 7,557.00 | $135.05 | $1.0M |
| 2026-02-24 | Galtman Michael D | A-Award | 2,866.00 | $135.05 | $387,053 |
| 2026-02-24 | Webber Kevin J | A-Award | 3,336.00 | $135.05 | $450,527 |
Dividend History (Last 20)
Last updated: Jul 4, 2026 4:43am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-15 | $0.74 | 2026-05-06 | 2026-06-15 | 2026-07-06 |
| 2026-03-16 | $0.69 | 2026-02-25 | 2026-03-16 | 2026-04-06 |
| 2025-12-15 | $0.69 | 2025-11-06 | 2025-12-15 | 2026-01-05 |
| 2025-09-15 | $0.69 | 2025-08-07 | 2025-09-15 | 2025-10-06 |
| 2025-06-16 | $0.69 | 2025-05-07 | 2025-06-16 | 2025-07-07 |
| 2025-03-14 | $0.64 | 2025-02-26 | 2025-03-14 | 2025-04-07 |
| 2024-12-16 | $0.64 | 2024-11-07 | 2024-12-16 | 2025-01-06 |
| 2024-09-16 | $0.64 | 2024-08-08 | 2024-09-16 | 2024-10-07 |
| 2024-06-14 | $0.64 | 2024-05-08 | 2024-06-14 | 2024-07-05 |
| 2024-03-14 | $0.59 | 2024-02-20 | 2024-03-15 | 2024-04-05 |
| 2023-12-14 | $0.59 | 2023-11-02 | 2023-12-15 | 2024-01-05 |
| 2023-09-14 | $0.59 | 2023-08-03 | 2023-09-15 | 2023-10-05 |
| 2023-06-14 | $0.59 | 2023-05-03 | 2023-06-15 | 2023-07-05 |
| 2023-03-14 | $0.54 | 2023-02-22 | 2023-03-15 | 2023-04-05 |
| 2022-12-14 | $0.54 | 2022-11-03 | 2022-12-15 | 2023-01-05 |
| 2022-09-14 | $0.54 | 2022-08-04 | 2022-09-15 | 2022-10-05 |
| 2022-06-14 | $0.54 | 2022-05-04 | 2022-06-15 | 2022-07-05 |
| 2022-03-14 | $0.48 | 2022-02-23 | 2022-03-15 | 2022-04-05 |
| 2021-12-14 | $0.48 | 2021-11-03 | 2021-12-15 | 2022-01-05 |
| 2021-09-14 | $0.48 | 2021-08-11 | 2021-09-15 | 2021-10-05 |
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