Chesapeake Utilities ( (CPK) ) just unveiled an announcement.
Chesapeake Utilities Corporation reported its financial results for the year and fourth quarter ending December 31, 2024. The company achieved a net income of $118.6 million for the year, with significant contributions from the acquisition of Florida City Gas and growth in natural gas distribution. The company met its earnings guidance and capital structure targets, delivering a 17% annual shareholder return. The results reflect successful integration of acquisitions and expansion in service areas, positioning Chesapeake Utilities for future growth.
More about Chesapeake Utilities
Chesapeake Utilities Corporation operates in the energy sector, focusing on natural gas distribution and related services. The company is involved in regulated and unregulated energy operations, with a market emphasis on expanding its infrastructure and service capabilities.
YTD Price Performance: 5.69%
Average Trading Volume: 83,675
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.88B
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