CPK
Chesapeake Utilities Corporation126.90
+0.07+0.06%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
3.00BP/E (TTM)
22.54Basic EPS (TTM)
5.63Dividend Yield
0.02%Recent Filings
10-Q
8-K
8-K
Board appoints finance expert
Chesapeake Utilities expanded its board from seven to eight directors, appointing independent expert Elisabeth A. Eden as a Class II director effective September 15, 2025, with her Audit Committee role strengthening financial oversight. Eden receives prorated retainers of $90,000 cash and $120,000 equity, plus $8,500 for committee service, issued under the 2023 SICP. No related arrangements exist. This bolsters governance amid utility sector scrutiny.
8-K
Secures $200M senior notes
Chesapeake Utilities secured $200 million in unsecured senior notes on August 1, 2025, with $150 million funded immediately and the rest by September 15, comprising series maturing in 2028, 2030, and 2031 at rates of 4.88%, 5.02%, and 5.16%. This bolsters liquidity alongside a one-year extension of its $250 million 364-day revolver to August 4, 2026. Terms include prepayment options and covenants limiting liens. Yet debt rises.
8-K
Q2 EPS surges 21% on growth
Chesapeake Utilities reported Q2 2025 net income of $23.9 million, or $1.02 per share, up from $18.2 million last year, while adjusted figures excluding FCG integration costs hit $24.3 million and $1.04 per share—a 21% EPS jump fueled by 13% adjusted gross margin growth to $142.8 million from regulatory wins, pipeline expansions, and rising CNG/RNG/LNG demand. Year-to-date, adjusted EPS climbed 10% to $3.25 amid colder weather boosting consumption, yet propane margins dipped. The company raised 2025 capex to $375-$425 million for infrastructure pushes, reaffirming adjusted EPS guidance of $6.15-$6.35; integration costs are fading.
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