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Chesapeake Utilities Corp (NYSE: CPK) |
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Price: $127.7300
$0.08 
0.063%
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| Day's High:
| $128.475
| Week Perf:
| -1.56 %
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| Day's Low: |
$ 126.77 |
30 Day Perf: |
6.56 % |
| Volume (M): |
57 |
52 Wk High: |
$ 134.20 |
| Volume (M$): |
$ 7,234 |
52 Wk Avg: |
$111.76 |
| Open: |
$127.89 |
52 Wk Low: |
$98.25 |
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| Market Capitalization (Millions $) |
2,882 |
| Shares
Outstanding (Millions) |
23 |
| Employees |
1,281 |
| Revenues (TTM) (Millions $) |
757 |
| Net Income (TTM) (Millions $) |
107 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
311 |
Chesapeake Utilities Corp
Chesapeake Utilities Corporation is a Delaware corporation formed in 1947.
We are a diversified energy company engaged, through our operating divisions
and subsidiaries, in various energy and other businesses. We operate primarily
on the Delmarva Peninsula and in Florida, Pennsylvania and Ohio and provide
natural gas distribution, transmission, supply, gathering, processing and marketing;
electric distribution and generation; propane distribution; propane and crude
oil wholesale marketing; steam generation; and other energy-related services.
The natural gas commodity market for Chesapeake Utilities Florida division
and FPU’s Indiantown division is deregulated. Accordingly, marketers,
rather than a traditional utility, sell natural gas to end-use customers in
those jurisdictions. For all of our other local distribution utilities, we have
fuel cost recovery mechanisms authorized by the PSCs that allow us to periodically
adjust fuel rates to reflect changes in the wholesale cost of natural gas and
electricity and to ensure we recover all of the costs prudently incurred in
purchasing natural gas and electricity for our customers.
In addition to the base rates approved by the PSCs, certain of our local distribution
utilities have additional surcharge mechanisms which were separately approved
by their respective PSC. The most notable surcharge mechanisms include Delaware’s
surcharge to increase the availability of natural gas in portions of eastern
Sussex County, Delaware; Marylands surcharge designed to recover the costs
associated with conversions to natural gas and to improve infrastructure in
Worcester County, Maryland; and Florida’s GRIP surcharge designed to recover
capital and other costs, inclusive of an appropriate return on investment, associated
with accelerating the replacement of qualifying distribution mains.
Company Address: 500 Energy Lane Dover 19901 DE
Company Phone Number: 734-6799 Stock Exchange / Ticker: NYSE CPK
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| Stock Performances by Major Competitors |
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| Chesapeake Utilities Corp
Chesapeake Utilities Corp is demonstrating impressive growth and success in the first quarter of 2024, outperforming its peers in the Natural Gas Utilities sector. With a revenue increase of 12.66% year on year and earnings per share rising to $2.07, the company is certainly making strides in the market.
What sets Chesapeake Utilities Corp apart is its commitment to safety and innovation. The company recently broke ground for a state-of-the-art safety training facility in Florida, showcasing its dedication to the well-being of its employees and the communities it serves. By investing in advanced facilities and comprehensive safety education, Chesapeake Utilities Corp is setting a new standard in the industry.
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| Chesapeake Utilities Corporation
Chesapeake Utilities Corporation (NYSE: CPK) recently reported disappointing earnings for the fiscal fourth quarter of 2023. The company experienced a decrease in earnings per share (EPS) by -13.91% to $1.25 from $1.45, and a depreciation in revenue by -1.05% to $185.34 million year-on-year. In comparison to the previous financial reporting period, EPS saw rapid growth from $0.53 per share, while revenue surged by 40.889% from $131.55 million.
However, the bottom-line of $25.328 million in the fiscal fourth quarter of 2023 fell by -3.14% from $26.150 million in the corresponding period of the previous year. The profitability of Chesapeake Utilities Corporation was contradictory in the fiscal fourth quarter of 2023. The operating margin increased to 25.53% with $47.314 million in operating income, but the net margin declined to 13.67%.
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| Products & Services
Published Fri, Feb 2 2024 8:35 PM UTC
Chesapeake Utilities Corporation Breaks Ground for Innovative Safety Training Facility in FloridaChesapeake Utilities Corporation, a leading energy company, recently made a significant investment in safety training by breaking ground for its second state-of-the-art facility in DeBary, Florida. As a prominent player in the energy sector, Chesapeake Utilities Corporation views...
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| Products & Services
Published Tue, Dec 19 2023 9:30 PM UTC
Chesapeake Utilities Corporation Expands Propane Services in North Carolina with Acquisition of J.T. Lee and Son's
DOVER, Del., Dec. 19, 2023 - Chesapeake Utilities Corporation (NYSE: CPK), a leading energy company, announced today that its subsidiary, Sharp Energy, has successfully acquired the propane operating assets of J.T. Lee and Son's, a well-established propane p...
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| Chesapeake Utilities Corp
Chesapeake Utilities Corp, a Natural Gas Utilities company, recently released its financial results for the July to September 2023 period. While revenue growth was modestly positive, the company experienced a significant contraction in income compared to the previous year. This article aims to interpret these financial results and discuss their potential impact on Chesapeake Utilities Corp's future.
Revenue Growth and Income Contraction:
Despite a 0.377% revenue growth, Chesapeake Utilities Corp saw a substantial income contraction of -1.85% in the July to September 2023 period. With revenue at $131.55 million and earnings per share (EPS) at $0.53, the company's financial performance raises questions about its ability to maintain profitability.
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| Per Share |
Current |
| Earnings (TTM) |
4.92 $ |
| Revenues (TTM) |
33.57 $
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| Cash Flow (TTM) |
- |
| Cash |
0.07 $
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| Book Value |
59.75 $
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| Dividend (TTM) |
2.35 $ |
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| Per Share |
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| Earnings (TTM) |
4.92 $
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| Revenues (TTM) |
33.57 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.07 $
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| Book Value |
59.75 $ |
| Dividend (TTM) |
2.35 $ |
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| Regulated Energy |
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 81.58 % |
of total Revenue |
| Unregulated Energy |
|
22.21 % |
of total Revenue |
| Other And InterEliminations |
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-3.79 % |
of total Revenue |
| Other |
|
0.03 % |
of total Revenue |
| Eliminations |
|
-14.03 % |
of total Revenue |
| Eliminations Regulated Energy |
|
-10.18 % |
of total Revenue |
| Other Regulated Energy |
|
0.12 % |
of total Revenue |
| Other Unregulated Energy |
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0.06 % |
of total Revenue |
| Energy Distribution |
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73.7 % |
of total Revenue |
| Energy Distribution Regulated Energy |
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73.7 % |
of total Revenue |
| Energy Distribution Delaware natural gas division |
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5.92 % |
of total Revenue |
| Energy Distribution Delaware natural gas division Regulated Energy |
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5.92 % |
of total Revenue |
| Energy Distribution FPU Electric Distribution |
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18.64 % |
of total Revenue |
| Energy Distribution FPU Electric Distribution Regulated Energy |
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18.64 % |
of total Revenue |
| Energy Distribution Florida Public Utilities Company |
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23.07 % |
of total Revenue |
| Energy Distribution Florida Public Utilities Company Regulated Energy |
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23.07 % |
of total Revenue |
| Energy Distribution Maryland Natural Gas |
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2.09 % |
of total Revenue |
| Energy Distribution Maryland Natural Gas Regulated Energy |
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2.09 % |
of total Revenue |
| Energy Distribution Sandpiper |
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2.45 % |
of total Revenue |
| Energy Distribution Sandpiper Regulated Energy |
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2.45 % |
of total Revenue |
| Energy Distribution Elkton Gas |
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0.64 % |
of total Revenue |
| Energy Distribution Elkton Gas Regulated Energy |
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0.64 % |
of total Revenue |
| Energy Distribution Florida City Gas Regulated Energy |
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20.89 % |
of total Revenue |
| Energy Transmission |
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20.91 % |
of total Revenue |
| Energy Transmission Regulated Energy |
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18.06 % |
of total Revenue |
| Energy Transmission Unregulated Energy |
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2.86 % |
of total Revenue |
| Energy Transmission Aspire |
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2.86 % |
of total Revenue |
| Energy Transmission Aspire Unregulated Energy |
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2.86 % |
of total Revenue |
| Energy Transmission Eastern Shore Gas Company |
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12.2 % |
of total Revenue |
| Energy Transmission Eastern Shore Gas Company Regulated Energy |
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12.2 % |
of total Revenue |
| Energy Transmission Peninsula Pipeline |
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5.62 % |
of total Revenue |
| Energy Transmission Peninsula Pipeline Regulated Energy |
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5.62 % |
of total Revenue |
| Energy Transmission Aspire Energy Express Regulated Energy |
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0.23 % |
of total Revenue |
| Energy Generation Eight Flags |
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2.65 % |
of total Revenue |
| Energy Generation Eight Flags Unregulated Energy |
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2.65 % |
of total Revenue |
| Propane Delivery |
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14.32 % |
of total Revenue |
| Propane Delivery Florida Propane Unregulated Energy |
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14.32 % |
of total Revenue |
| Energy Services Unregulated Energy |
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2.42 % |
of total Revenue |
| Energy Services Marlin Gas Services |
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2.39 % |
of total Revenue |
| Energy Services Marlin Gas Services Unregulated Energy |
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2.39 % |
of total Revenue |
| Energy Services Other RNG Unregulated Energy |
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0.03 % |
of total Revenue |
| Eliminations Unregulated Energy |
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-0.04 % |
of total Revenue |
| Eliminations Eliminations |
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-3.81 % |
of total Revenue |
| Other Other |
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0.03 % |
of total Revenue |
| InterEliminations |
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3.81 % |
of total Revenue |
| Revenues Unaffiliated Customers |
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100 % |
of total Revenue |
| Regulated Energy InterEliminations |
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0.3 % |
of total Revenue |
| Regulated Energy Revenues Unaffiliated Customers |
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81.28 % |
of total Revenue |
| Unregulated Energy InterEliminations |
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3.49 % |
of total Revenue |
| Unregulated Energy Revenues Unaffiliated Customers |
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18.72 % |
of total Revenue |
| Other InterEliminations |
|
0.03 % |
of total Revenue |
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