Chesapeake Utilities launches $225M equity offering program
Chesapeake Utilities Corporation announced an at-the-market equity offering program to sell up to $225 million in common stock through the NYSE. The company has engaged six managers and entered into forward sale agreements to facilitate the offering. Proceeds will be used for general corporate purposes, including capital expenditures, debt repayment, acquisitions, and working capital.
Chesapeake Utilities launches $225M at-the-mark...
Chesapeake Utilities Corporation has initiated an at-the-market equity offering program to sell up to $225 million in common stock. The proceeds will be allocated for general corporate purposes, including capital expenditures, debt repayment, acquisitions, and working capital, providing flexible funding to support its energy business operations. This strategic move aims to strengthen the company's financial position and facilitate future growth initiatives within the utilities sector.
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES $225 MILLION AT-THE-MARKET (ATM) EQUITY OFFERING PROGRAM
Chesapeake Utilities Corporation announced an At-The-Market (ATM) equity offering program to sell up to $225 million of its common stock. The company plans to use the proceeds for general corporate purposes, including capital expenditures, debt repayment, acquisitions, and working capital. The offering is being made through an equity distribution agreement with several managers and forward sellers.
Chesapeake Utilities Corporation (CPK) Stock Price, News, Quote & History
This Yahoo Finance page provides comprehensive information on Chesapeake Utilities Corporation (CPK), including its current stock price, historical data, and financial performance. It details the company's operations in regulated and unregulated energy segments, its financial highlights, and analyst insights. The page also features recent news and comparisons with market benchmarks like the S&P 500.
CPK Maintained by Wells Fargo -- Price Target Raised to $136.00
Wells Fargo maintained an "Equal-Weight" rating for Chesapeake Utilities (CPK) and increased its price target to $136.00. According to GuruFocus, CPK is currently undervalued by 6.3% based on its GF Value™, despite a GF Score™ of 82/100, which is tempered by concerns about its financial strength and mixed sentiment among institutional investors.
Wells Fargo raises Chesapeake Utilities price target on growth outlook
Wells Fargo has increased its price target for Chesapeake Utilities Corp. (NYSE: CPK) to $136 from $134, maintaining an Equal Weight rating, citing the company's strong growth outlook and the inclusion of the FEP project in its five-year projections. The utility demonstrates consistent performance with 14.6% revenue growth and has raised its dividend for 22 consecutive years, according to InvestingPro. This upgrade follows a recent meeting with Chesapeake Utilities' management and insights from their FEP announcement and partnership with NEER, although recent Q2 earnings slightly missed expectations.
Form S-3ASR Chesapeake Utilities Corp For: 29 September By Investing.com
This article reports on the filing of Form S-3ASR by Chesapeake Utilities Corp for September 29. It notes the stock ticker CPK and indicates that the filing is available for review, but offers no further details on the content of the filing itself. The article also includes various market data and other news headlines from Investing.com.
Form S-3ASR Chesapeake Utilities Corp For: 29 September By Investing.com
This article reports on the filing of Form S-3ASR by Chesapeake Utilities Corp for September 29. It includes the stock symbol CPK and its performance, showing a +0.68% change. The content primarily serves as a placeholder for the SEC filing announcement within a financial news platform.
Is Now The Time To Put Chesapeake Utilities (NYSE:CPK) On Your Watchlist?
This article examines Chesapeake Utilities (NYSE:CPK) as a potential investment by analyzing its financial performance and future prospects. It highlights key metrics such as return on capital employed and earnings growth, suggesting that while the company shows solid past performance, investors should consider future growth potential before adding it to their watchlist.
Chesapeake Utilities Corp's Dividend Analysis
Chesapeake Utilities Corp (NYSE: CPK) recently announced a $0.74 per share dividend, extending its 42-year streak of annual dividend increases. The company's dividend is supported by a 0.44 payout ratio, strong profitability, and a stable, regulated business model. While its revenue and EPS growth rates are modest compared to some peers, its consistent dividend growth and financial discipline make it an attractive option for income-focused investors.
Huntington Capital Initiates Chesapeake Utilities at Outperform
Huntington Capital has initiated coverage on Chesapeake Utilities (CPK) with an Outperform rating. This follows a similar initiation by Mizuho just days prior. The article also lists recent news regarding Chesapeake Utilities, including earnings reports and a stake sale in a Florida gas pipeline project.
Mizuho initiates Chesapeake Utilities stock coverage with outperform By Investing.com
Mizuho initiated coverage on Chesapeake Utilities Corp. (NYSE:CPK) with an Outperform rating and a price target of $150.00, suggesting a 16% upside. The firm highlights the company's differentiated utility growth story, supported by infrastructure investments in its Delmarva and Florida service territories, and its potential to capitalize on increased energy demand from data centers and LNG opportunities. Despite a recent slight earnings miss, Chesapeake Utilities maintains a strong track record of revenue growth and dividend increases.
Mizuho initiates Chesapeake Utilities stock coverage with outperform
Mizuho has initiated coverage on Chesapeake Utilities Corp. (NYSE:CPK) with an Outperform rating and a $150 price target, suggesting a 16% upside from its current trading price. The firm sees Chesapeake Utilities as an undervalued utility with strong growth potential due to infrastructure investments in its Delmarva and Florida territories, capitalizing on population growth, data center development, and LNG opportunities. The company also boasts a 22-year dividend increase streak and has demonstrated strong execution with its Florida City Gas acquisition.
Chesapeake Utilities (NYSE: CPK) and NextEra team up on $1.2B Florida gas pipeline
Chesapeake Utilities (CPK) has formed a joint venture with NextEra Energy Resources for its $1.2 billion Florida Energy Pathway intrastate natural gas transmission project. Chesapeake's indirect subsidiary, Peninsula Pipeline Holdings, will hold a 51% ownership stake, while an indirect subsidiary of NextEra Energy Resources will own 49%. The project aims to expand natural gas transportation capacity in South Florida, with construction expected to begin in the first half of 2028 and be in service by 2030.
A Florida gas project estimated at about $1.2 billion gets a new partner
Chesapeake Utilities (NYSE: CPK) has sold a 49% minority interest in its Florida Energy Pathway (FEP) natural gas transmission project to NextEra Energy Resources, with its subsidiary Peninsula Pipeline Holdings retaining a 51% ownership. The project, estimated at $1.2 billion, involves constructing a 24-inch intrastate pipeline from Palm Beach to Miami-Dade County, with construction slated for early 2028 and an in-service date in 2030. This partnership aims to expand natural gas capacity and enhance energy reliability in South Florida.
Chesapeake Utilities Sells 49% Stake in $1.2 Billion Florida Gas Project
Chesapeake Utilities has divested a 49% non-controlling interest in its Florida natural gas pipeline business to an infrastructure fund managed by BlackRock for $635 million. This transaction values the Florida business at approximately $1.2 billion and is expected to close in early 2027, subject to regulatory approvals. The proceeds will be used to fund Chesapeake Utilities' capital expenditure program and for general corporate purposes.
CPK Technical Analysis & Stock Price Forecast
This article provides a detailed technical analysis for Chesapeake Utilities Corporation (CPK) as of August 25, 2026. It indicates a "Strong Buy" consensus based on various technical indicators, including moving averages and oscillators. The analysis highlights key support and resistance levels, RSI, MACD, and performance relative to moving averages, showing CPK trading above its 60-day and 200-day moving averages.
CPK | Chesapeake Utilities Financials - Revenue Breakdown
This page provides a detailed financial overview of Chesapeake Utilities (CPK), focusing on revenue breakdown, but notes a lack of specific segmented or geographical revenue data. It also includes information on corporate lobbying, insider trading activity, institutional holdings, government contracts, and analyst ratings, alongside company profile and executive compensation details.
ETFs Investing in Chesapeake Utilities Corporation Stocks
This article lists Exchange Traded Funds (ETFs) that hold stocks of Chesapeake Utilities Corporation (CPK). It provides a detailed table including each ETF's market value, weight of CPK in the fund, issuer, management style, focus, expense ratio, assets under management (AUM), price, change percentage, relative volume, and 3-year NAV total return. The ETFs listed primarily focus on small-cap, high dividend yield, utilities, and infrastructure sectors.
Chesapeake Utilities (CPK) Stock Analysis Report | Financials & Insights
This report provides a comprehensive financial analysis of Chesapeake Utilities (CPK), an energy delivery company. It includes stock performance, growth, value, momentum, and quality rankings, along with detailed income statements, balance sheets, and cash flow statements for the past four years. The analysis also covers the company's financial health indicators like operating margin, quick ratio, and debt-to-equity, and its dividend history.
Renaissance Technologies LLC Makes New Investment in Chesapeake Utilities Corporation $CPK
Renaissance Technologies LLC has initiated a new investment in Chesapeake Utilities Corporation (NYSE:CPK) during the first quarter, acquiring 9,650 shares valued at approximately $1.22 million. Other institutional investors have also adjusted their holdings in the company, which reported slightly missed EPS estimates but saw revenue growth and declared a quarterly dividend. Analysts currently maintain an average "Hold" rating for CPK.
Maxim Group Maintains Chesapeake Utilities Corp(CPK.US) With Buy Rating, Maintains Target Price $160
Maxim Group has reiterated its Buy rating on Chesapeake Utilities Corp (CPK.US) and maintained its price target at $160. This indicates a continued positive outlook from the analyst firm regarding the company's stock performance.
Chesapeake Utilities (NYSE:CPK) Given New $134.00 Price Target at Wells Fargo & Company
Wells Fargo & Company has raised its price target for Chesapeake Utilities (NYSE:CPK) to $134.00 from $132.00, maintaining an "equal weight" rating despite the company's recent Q2 EPS miss. The consensus among analysts remains a "Hold" with an average target of $138.00. The stock recently traded down 0.5% to $133.20, while company insiders have sold shares and institutional investors hold a significant majority of the outstanding stock.
Wells Fargo Maintains Chesapeake Utilities Corp(CPK.US) With Hold Rating, Raises Target Price to $134
Wells Fargo has reiterated its Hold rating on Chesapeake Utilities Corp (CPK.US) and increased its price target for the company's stock to $134. This update reflects the analyst's current assessment of the utility company's value and future prospects.
CHESAPEAKE UTILITIES CORP Q2 2026: Revenue $201.9M, EPS $1.05— 10-Q Summary
Chesapeake Utilities Corp (CPK) reported strong Q2 2026 results, with revenue increasing to $201.9M and diluted EPS reaching $1.05. This growth was driven by increases in regulated and unregulated gross margin, as well as contributions from pipeline and infrastructure expansions. The company also highlighted key operational milestones, including new pipeline projects and regulatory progress with approved rate cases.
Chesapeake Utilities Corp (CPK) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Chesapeake Utilities Corp (CPK), indicating a current earnings forecast score of 7.67, ranking 5th in its industry. Analysts have set an average price target of $144.00 for CPK, with most recommending a "Buy" trend. The expected revenue for the next quarter is $187.05 million, and the anticipated EPS is $0.92, following a previous quarter's EPS of $2.48.
Chesapeake Utilities Corp expected to post earnings of $1.08 a share - Earnings Preview
Chesapeake Utilities Corp is projected to announce earnings of $1.08 per share. This information comes from an earnings preview report. The article itself is a very short preview indicating expected financial results for the company.
Chesapeake Utilities Corp (CPK) (Q2 2026) Earnings Call Highlights: Record Pipeline Project and ...
Chesapeake Utilities Corp (CPK) reported strong Q2 2026 results with a 5% increase in adjusted net income and a 1% rise in adjusted EPS, despite dilution from equity issuances. The company announced its largest-ever project, the $1.2 billion Florida Energy Pathway, an intrastate pipeline, and raised its full-year 2026 capital guidance. Management discussed strategies to mitigate risks and fund this major project through a partnership structure, while also addressing regulatory challenges for the Florida City Gas rate case and delays in the Worcester Resiliency Upgrade project.
Chesapeake Utilities Corporation (NYSE:CPK) to Issue Quarterly Dividend of $0.73
Chesapeake Utilities Corporation (NYSE:CPK) has announced a quarterly dividend of $0.735 per share, payable on October 5th to shareholders of record on September 14th, representing an annualized yield of approximately 2.2%. The company has consistently raised its dividend for 22 consecutive years, with a payout ratio of 43.6%, indicating strong coverage by earnings. Despite the positive dividend news, the stock saw a 1.0% decline after missing analyst expectations for quarterly earnings, although revenue increased by 4.7% year-over-year.
Chesapeake Utilities Corp (CPK) Stock News Today
This article provides the latest news for Chesapeake Utilities Corp (CPK), including its stock performance and recent earnings. The company reported its Q2 2026 earnings, showing that regulated growth supported a modest EPS gain. The stock closed at $133.850, up 0.44%.
Earnings Flash (CPK) Chesapeake Utilities Corporation Reports Q2 Revenue $201.9M, Vs. FactSet Est of $198.9M
Chesapeake Utilities Corporation (CPK) announced its Q2 earnings, reporting revenue of $201.9 million. This figure surpassed FactSet's estimate of $198.9 million, indicating stronger-than-expected financial performance for the quarter.
Earnings call transcript: Chesapeake Utilities posts small Q2 2026 miss as growth plans expand
Chesapeake Utilities (CPK) reported a slight miss on Q2 2026 earnings and revenue, with adjusted EPS at $1.05 against a $1.09 forecast, and revenue at $201.9 million versus $202.54 million expected. Despite the miss, adjusted net income rose 5% year-over-year, and the company increased its 2026 capital spending guidance to $550-$600 million. A significant announcement was the Florida Energy Pathway project, a $1.2 billion intrastate gas transmission line expected to be in service by 2030, underscoring the company's long-term growth strategy and infrastructure investment.
Press Release: Chesapeake Utilities Corporation Announces Quarterly Dividend
Chesapeake Utilities Corporation's Board of Directors declared a quarterly cash dividend of $0.63 per share on the Company's common stock. This dividend is payable on October 5, 2026, to shareholders of record at the close of business on September 15, 2026. The announcement reflects the company's consistent dividend payments and commitment to shareholder returns.
Form 8K Chesapeake Utilities Corp For: 6 August By Investing.com
This article from Investing.com announces that Chesapeake Utilities Corp filed a Form 8K on August 6. The content is very brief, serving primarily as a notification of the SEC filing. The article also includes market data and news headlines, but these are ancillary to the main announcement about Chesapeake Utilities.
CHESAPEAKE UTILITIES CORP Q2 2026: Revenue $201.9M, EPS $1.05— 10-Q Summary
Chesapeake Utilities Corp (CPK) reported its Q2 2026 financial results, with revenue increasing to $201.9 million and diluted EPS reaching $1.05. This growth was attributed to expanded regulated and unregulated gross margins, pipeline and infrastructure developments, and an increase in residential customer counts. Key initiatives like the Florida Energy Pathway and various infrastructure programs are contributing to recurring margin and future growth targets.
Chesapeake Utilities targets 2030 for $1.2B south Florida pipeline
Chesapeake Utilities reported strong second-quarter 2026 results with diluted EPS of $1.05 and year-to-date Adjusted EPS growth of 8.0%. The company announced a significant $1.2 billion Florida Energy Pathway natural gas pipeline project targeting in-service by 2030, and consequently raised its 2026 capital expenditure guidance to $550-$600 million, expecting total investments to exceed $2.2 billion for 2024-2028. Additionally, the Florida PSC approved $16.2 million in interim annualized rates for Florida City Gas.
Chesapeake Utilities Keeps Quarterly Dividend at $0.735 a Share, Payable Oct. 5 to Shareholders of Record Sept. 14
Chesapeake Utilities Corporation announced it will maintain its quarterly dividend at $0.735 per share. This dividend is scheduled to be paid on October 5 to shareholders of record as of September 14. The announcement was made on August 6, 2026.
Chesapeake Utilities earnings on deck: Pipeline plan in focus
Chesapeake Utilities is set to report its second-quarter earnings, with analysts forecasting $1.09 per share on $202.5 million in revenue. While the quarter is expected to be seasonally softer, investor focus will be on the company's plans for the Florida Energy Pathway, a significant $1.2 billion natural gas pipeline expansion. Management is expected to provide details on the project's financing and timeline, which is crucial for the company's long-term growth trajectory.
Chesapeake Utilities Corp (CPK) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Chesapeake Utilities Corp (CPK), detailing its current price momentum score, support and resistance levels, and a summary of various technical indicators and moving averages. The stock is currently trading between resistance at 142.13 and support at 122.92, suggesting suitability for range-bound swing trading. Technical indicators show a mixed signal, with moving averages indicating more buy signals than sell signals.
Chesapeake Utilities establishes RNG injection point in Florida
Chesapeake Utilities Corp. has opened a new fuel injection point in Yulee, Florida, capable of receiving renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG). This is the first enhancement of its kind in Florida to allow alternative fuels into the pipeline system, supporting the growing energy demand in the Wildlight community. The company emphasizes its commitment to sustainable and reliable energy, further demonstrated by other RNG projects in Ohio and Maryland.
Chesapeake Utilities Corp (CPK) Financial Health: Profitability & Balance Sheet Analysis
Chesapeake Utilities Corp (CPK) has a stable financial score of 7.56, ranking 12th in the Natural Gas Utilities industry. The company reported a substantial year-over-year revenue increase of 18.21% to $353.10 million and a net profit increase of 16.50% in its latest quarter. While its financial status and operating efficiency are high, specific detailed financial data for various categories like Cash and cash equivalents, Total assets, and Free cash flow have not yet been disclosed by the company.
Chesapeake Utilities Corp (CPK) Institutional Confidence
Chesapeake Utilities Corp (CPK) has a strong institutional shareholding score of 10.00, ranking 1st in the Natural Gas Utilities industry. The institutional shareholding proportion is 91.18%, with BlackRock Institutional Trust Company, N.A. being the largest holder. Despite a slight quarter-over-quarter decrease in overall institutional holding, some major institutions have increased their stakes.
Is Chesapeake Utilities (NYSE:CPK) Ready for Its Next Utility Test?
This article from Kalkine Media discusses whether Chesapeake Utilities (NYSE:CPK) is prepared for future challenges in the utility sector. It highlights that regulated operations, infrastructure modernization, cost discipline, and customer demand are key factors for such companies. However, the full content of the article is behind a paywall, requiring login or registration to read further.
Chesapeake Utilities Corp stock hits 52-week high at 140.83 USD
Chesapeake Utilities Corp (CPK) stock has reached a 52-week high of $140.83, marking a 15.69% increase over the past year. Despite being considered overvalued by InvestingPro's Fair Value estimate, the company maintains financial stability with 56 consecutive years of dividend payments and a 2.17% dividend yield. Recent successes include exceeding Q1 2026 earnings expectations and announcing a $1.2 billion natural gas pipeline project in South Florida.
Chesapeake Utilities Corp (CPK) Balance Sheet
This article provides a detailed balance sheet for Chesapeake Utilities Corp (CPK), presenting quarterly and annual financial data. It allows users to assess the company's financial health by analyzing assets, liabilities, and shareholders' equity, and includes an FAQ section explaining key balance sheet metrics and their relevance.
Chesapeake Utilities Corp (CPK) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Chesapeake Utilities Corp (CPK), identifying its major institutional holders such as BlackRock and T. Rowe Price. It also breaks down shareholder types, including investment advisors and pension funds, and provides a historical overview of institutional shareholding data and related ETF holdings.
CPK|Chesapeake Utilities Corp|Price:139.035|Chg%:+3.425
This article provides a comprehensive stock analysis of Chesapeake Utilities Corp (CPK) by TradingKey. It highlights the company's relatively healthy fundamentals, high growth potential, and fair valuation within the Natural Gas Utilities industry. The analysis also covers institutional ownership, analyst ratings, price momentum, and risk assessment, identifying strengths like high revenue and profit growth, stable dividends, and risks such as institutional selling.
Insiders At Chesapeake Utilities Sold US$5.5m In Stock, Alluding To Potential Weakness
This article analyzes recent insider selling at Chesapeake Utilities, where insiders sold US$5.5 million worth of stock in the last year, suggesting they believe the stock may be overvalued. The analysis highlights that while insider selling isn't always a negative sign, significant selling without corresponding buying could indicate concerns about future performance or valuation. Investors are advised to consider these transactions in conjunction with other financial metrics and company news.
CPK|Chesapeake Utilities Corp|Price:135.780|Chg%:+1.240
This article provides an overview of Chesapeake Utilities Corp (CPK), a diversified energy delivery company offering sustainable energy solutions. It details the company's financial information, stock performance (135.780 USD, +0.92%), and executive leadership. The article also lists major shareholders and institutional holdings, indicating a strong institutional interest in the company.
CPK|Chesapeake Utilities Corp|Price:136.015|Chg%:+1.405
Chesapeake Utilities Corp (CPK) shows healthy fundamentals, high growth potential, and is considered fairly valued. Despite strong performance and fundamentals, technical indicators suggest a stable, sideways trading pattern. Analysts currently rate CPK as a "Buy" with a target price of $148.00, indicating a potential upside of over 12%.
