Chesapeake Utilities
About: Chesapeake Utilities Corp is a diversified energy delivery company that is engaged in natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland and Florida are subject to regulation by PSC. Eastern Shore, its natural gas transmission is subject to regulation by the FERC and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.
Employees: 1,200
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
105% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 19
22% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 101
7% more capital invested
Capital invested by funds: $2.38B [Q4 2024] → $2.53B (+$155M) [Q1 2025]
5% more funds holding
Funds holding: 299 [Q4 2024] → 315 (+16) [Q1 2025]
0% more call options, than puts
Call options by funds: $77K | Put options by funds: $77K
0.3% less ownership
Funds ownership: 85.96% [Q4 2024] → 85.66% (-0.3%) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$124
4%
upside
Avg. target
$124
4%
upside
High target
$124
4%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Barclays Nicholas Campanella | 4%upside $124 | Equal-Weight Maintained | 29 Apr 2025 |
Financial journalist opinion
Based on 5 articles about CPK published over the past 30 days
Positive
Seeking Alpha
1 day ago
7 Upcoming Dividend Increases
I focus on companies with consistent dividend growth, strong financial health, and the ability to outperform benchmarks like SCHD. This week's highlighted companies show an average dividend increase of 7.6% and a median streak of 16 years, signaling reliability. Despite some strong historical returns, none of this week's companies meet my strict criteria for new portfolio additions at this time.
Positive
Zacks Investment Research
1 day ago
Why Chesapeake Utilities (CPK) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chesapeake Utilities (CPK) have what it takes?
Positive
Zacks Investment Research
2 weeks ago
Why Chesapeake Utilities (CPK) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chesapeake Utilities (CPK) have what it takes?
Neutral
PRNewsWire
2 weeks ago
Chesapeake Utilities Corporation Appoints Abhijit Bhatwadekar as Chief Information Officer
DOVER, Del. , May 28, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced the appointment of Abhijit ("Abhi") Bhatwadekar as vice president and chief information officer (CIO), effective June 13, 2025.
Neutral
MarketBeat
3 weeks ago
3 Companies That Just Raised Dividends; 2 to Buy, 1 to Avoid
In volatile markets, investors often seek the relative safety of dividend stocks. While stock prices can go up and down, there's something to be said for owning a stock that pays you to own it.
Neutral
PRNewsWire
1 month ago
Chesapeake Utilities Corporation Publishes Third Sustainability Micro-Report Showcasing Commitment to People, Communities and Customers
DOVER, Del. , May 15, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced the release of its third sustainability micro-report, showcasing the Company's ongoing commitment to building a values-driven culture through strategic investments in its employees, communities and customers.
Positive
Zacks Investment Research
1 month ago
Chesapeake Utilities (CPK) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chesapeake Utilities (CPK) have what it takes?
Neutral
Seeking Alpha
1 month ago
Chesapeake Utilities Corporation (CPK) Q1 2025 Earnings Call Transcript
Chesapeake Utilities Corporation (NYSE:CPK ) Q1 2025 Earnings Conference Call May 8, 2025 8:00 AM ET Company Participants Lucia Dempsey - Head of Investor Relations Jeff Householder - Chair, President & Chief Executive Officer Jim Moriarty - Executive Vice President, General Counsel & Corporate Secretary & Chief Policy & Risk Officer Beth Cooper - Executive Vice President, Chief Financial Officer, Treasurer & Assistant Corporate Secretary Conference Call Participants Tate Sullivan - Maxim Group Chris Ellinghaus - Siebert Williams Shank Paul Fremont - Ladenburg Nicholas Campanella - Barclays Operator Welcome to Chesapeake Utilities Corporation's First Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Lucia Dempsey, Head of Investor Relations.
Negative
Zacks Investment Research
1 month ago
Chesapeake Utilities (CPK) Q1 Earnings Miss Estimates
Chesapeake Utilities (CPK) came out with quarterly earnings of $2.22 per share, missing the Zacks Consensus Estimate of $2.28 per share. This compares to earnings of $2.10 per share a year ago.
Neutral
PRNewsWire
1 month ago
CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2025 RESULTS
Net income and earnings per share ("EPS")* were $50.9 million and $2.21, respectively, for the first quarter of 2025 compared to $46.2 million and $2.07, respectively, for the first quarter of 2024 Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $51.1 million and $2.22, respectively, for the first quarter of 2025 compared to $46.8 million and $2.10, respectively for the first quarter of 2024 Adjusted gross margin** growth of $17.9 million during the first quarter of 2025 driven by customer consumption, regulatory initiatives and infrastructure programs, increased demand for virtual pipeline services, natural gas organic growth and transmission expansion projects Significant regulatory activity to date that will help drive the Company's results for the remainder of the year The Company continues to affirm 2025 and 2028 EPS and capital expenditure guidance DOVER, Del. , May 7, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced financial results for the three months ended March 31, 2025.
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