Welcome to our dedicated page for Chesapeake Utils news (Ticker: CPK), a resource for investors and traders seeking the latest updates and insights on Chesapeake Utils stock.
Chesapeake Utilities Corporation reports developments from a diversified energy delivery business built around regulated and unregulated energy operations. The company distributes natural gas, electricity and propane, transmits natural gas, generates electricity and steam, and provides mobile compressed natural gas and other energy-related services.
Recurring updates cover earnings, adjusted gross margin, capital investment, regulatory initiatives, infrastructure programs, natural gas organic growth, transmission expansion projects, customer consumption, rate proceedings, dividends, and leadership or governance changes. Company-specific developments also include Florida City Gas, Peninsula Pipeline, Aspire Energy Express and other utility and pipeline operations subject to state utility commission or FERC oversight.
Chesapeake Utilities (NYSE: CPK) announced that senior leaders will participate in the 2026 AGA Financial Forum, held May 16–19 in Scottsdale, Arizona.
They plan to meet with investors and analysts to discuss long-term growth strategy, capital deployment, and providing safe, reliable, affordable energy. A conference presentation will be posted in the Investors section of the company website.
Chesapeake Utilities (NYSE: CPK) reported first-quarter 2026 results with net income of $59.3 million and EPS of $2.47. Adjusted gross margin rose to $206.2 million, a 13.0% increase versus prior year. Capital investment was $121.9 million in Q1. The company reaffirmed 2026 capex guidance of $450–$500 million, five-year 2024–2028 capex of $1.5–$1.8 billion, and 2028 EPS guidance of $7.75–$8.00. Florida City Gas filed for a general rate base increase in April 2026.
Chesapeake Utilities (NYSE: CPK) announced a quarterly cash dividend increase from $0.685 to $0.735 per share, raising the 2026 annualized dividend from $2.74 to $2.94 (a 7.3% increase).
The $0.735 quarterly dividend is payable July 6, 2026 to shareholders of record at the close of business on June 15, 2026. The company has paid uninterrupted dividends for 65 years and increased its annualized dividend each year since 2004.
Chesapeake Utilities (NYSE: CPK) will host its first quarter 2026 earnings conference call on May 7, 2026 at 8:30 a.m. ET to discuss results for the quarter ended March 31, 2026.
The company will issue its Q1 2026 earnings release on May 6, 2026 after market close. A live webcast requires prior registration; the presentation will be available via the registration link and in the Events & Presentations section of the investor website. A replay will be posted after the call. Investor relations contact information is provided for further inquiries.
Chesapeake Utilities (NYSE: CPK) announced management appointments effective April 1, 2026: Michael Galtman moves from chief accounting officer to chief transformation officer to lead the ERP implementation and finance-related functions, while Melissa Barnes, who joined March 30, 2026, becomes vice president and chief accounting officer.
The moves align with succession planning, ERP rollout, and continued focus on financial controls, reporting and corporate development under incoming CFO Jeff Sylvester.
Chesapeake Utilities (NYSE: CPK) announced that CFO Beth Cooper will retire effective June 30, 2026, after 36 years with the company. COO Jeff Sylvester will succeed her as CFO on July 1, 2026.
Cooper became CFO in September 2008 and is credited with driving earnings growth, balance sheet strength and long-term value creation. Sylvester joined Chesapeake Utilities in 2004, returned in 2019, and has served as COO since 2022, overseeing operations, customer care, project development and safety.
Chesapeake Utilities Corporation (NYSE: CPK) and subsidiary Florida City Gas committed $500,000 to the Rockledge Department of Safety Regional Training Center to strengthen first responder training and regional safety on Florida's Space Coast. The gift will be paid in five annual $100,000 installments from 2026–2030.
The sponsorship supports scenario-based training across police, fire and EMS and upgrades to facilities including a three-story tower, confined-space and natural gas leak simulators, vehicle extrication areas, a burn building and classrooms.
Chesapeake Utilities (NYSE: CPK) reported 2025 net income of $140.3M ($5.97 EPS) and adjusted EPS of $6.01, a ~11.5% increase versus 2024. Adjusted gross margin rose by $71.1M (12.5%). Capital spending hit a record $470.4M in 2025; 2026 capex guidance is $450–$500M and 2024–2028 capex remains $1.5–$1.8B. Equity to total capitalization approximated 50% at year-end 2025.
Chesapeake Utilities (NYSE: CPK) declared a quarterly cash dividend of $0.685 per share, payable April 6, 2026, to shareholders of record at the close of business March 16, 2026.
The company has paid dividends without interruption for 65 years and has increased its annualized dividend every year since 2004, reflecting a long history of shareholder distributions.
Chesapeake Utilities (NYSE: CPK) will host its fourth-quarter and full-year 2025 earnings conference call and webcast on February 26, 2026 at 8:30 a.m. ET. The company will issue its earnings release on February 25, 2026 after market close.
Registration, a live webcast, the accompanying presentation, and a replay will be available via the Events & Presentations section at www.chpk.com. Phone dial-in details and a conference ID are provided for analysts and investors.