Chesapeake Utilities (CPK)
NYSE:CPK
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Chesapeake Utilities
(NYSE:CPK)
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Rating:62Neutral
Price Target:
$132.00
â–²(6.33% Upside)
Action:ReiteratedDate:03/27/26
The score is driven mainly by solid, utility-like financial performance and positive corporate updates supporting continued growth, tempered by volatile/negative free cash flow and some balance-sheet data reliability issues. Weak technical momentum (below key moving averages with negative MACD) further holds back the score, while valuation and dividend are supportive but not standout.
Positive Factors
Regulated utility business model and revenue growth
Chesapeake’s core regulated distribution model drives predictable, rate‑based revenue and steady margins. Multi‑year revenue and net income growth reflect expanding customer volumes and approved rate recovery, supporting durable earnings visibility and long‑term cash flow stability typical of utilities.
Negative Factors
Volatile and often negative free cash flow
Heavy, lumpy capex has produced frequent negative free cash flow, increasing dependence on external financing for growth periods. Over the medium term this elevates refinancing and interest‑rate risk, and can constrain flexibility for dividends or opportunistic investments if negative FCF persists.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated utility business model and revenue growth
Chesapeake’s core regulated distribution model drives predictable, rate‑based revenue and steady margins. Multi‑year revenue and net income growth reflect expanding customer volumes and approved rate recovery, supporting durable earnings visibility and long‑term cash flow stability typical of utilities.
Read all positive factors
Chesapeake Utilities (CPK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.97B
Dividend Yield2.15%
Average Volume (3M)140.54K
Price to Earnings (P/E)20.8
Beta (1Y)0.05
Revenue Growth17.15%
EPS Growth15.00%
CountryUS
Employees1,200
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)1.94
Shares Outstanding23,936,405
10 Day Avg. Volume154,570
30 Day Avg. Volume140,545
Financial Highlights & Ratios
PEG Ratio1.53
Price to Book (P/B)1.83
Price to Sales (P/S)3.14
P/FCF Ratio-13.58
Enterprise Value/Market Cap1.55
Enterprise Value/Revenue5.21
Enterprise Value/Gross Profit10.65
Enterprise Value/Ebitda13.60
Forecast
1Y Price Target
$150.00Price Target Upside20.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)6.51
Revenue Forecast (FY)$1.01B
Chesapeake Utilities Business Overview & Revenue Model
Company Description
Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The Regulated Energy segment engages in the natural gas distribution operations in central...
How the Company Makes Money
Chesapeake Utilities makes money primarily through (1) regulated utility operations and (2) non-regulated/energy services activities. In its regulated natural gas distribution utilities, the company earns revenue by delivering natural gas to resid...
Chesapeake Utilities Earnings Call Summary
Earnings Call Date:Sep 30, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 06, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong financial performance and growth in customer base, alongside strategic capital investments and successful regulatory outcomes. However, it also faced challenges with regulatory delays and increased operating expenses. The positive aspects of growth and investment outweigh the negatives of regulatory hurdles and operational costs.Positive Updates
Strong Earnings Growth
Adjusted earnings per share for the third quarter of 2025 were $0.82 and $4.06 year-to-date, marking an 8% increase over the same period last year.
Negative Updates
Regulatory Delays
Unexpected regulatory delays in the Florida City Gas depreciation study proceeding, requiring a transition to a standard hearing process.
Read all updates
Q3-2025 Updates
Positive
Negative
Strong Earnings Growth
Adjusted earnings per share for the third quarter of 2025 were $0.82 and $4.06 year-to-date, marking an 8% increase over the same period last year.
Read all positive updates
Company Guidance
During Chesapeake Utilities Corporation's Third Quarter 2025 Earnings Conference Call, the company reaffirmed its full-year 2025 earnings guidance, projecting adjusted earnings per share (EPS) between $6.15 and $6.35. Year-to-date, the company reported an adjusted EPS of $4.06, reflecting an 8% increase compared to the same period in 2024. Year-to-date growth in key financial metrics was highlighted, with double-digit increases in adjusted gross margin, operating income, and adjusted net income. The company has increased its 2025 capital expenditure guidance to a range of $425 million to $450 million, up from the previous range by $25 million, driven by significant investments in infrastructure projects. Additionally, Chesapeake Utilities reported customer growth in its core service areas, with residential customer growth rates of 4.3% in Delmarva, 3.9% for Florida Public Utilities, and 2.1% for Florida City Gas.Chesapeake Utilities Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
52
Neutral
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 930.00M | 787.20M | 670.60M | 680.70M | 569.97M |
| Gross Profit | 294.10M | 334.80M | 255.30M | 237.50M | 217.93M |
| EBITDA | 373.40M | 311.70M | 229.60M | 228.00M | 205.72M |
| Net Income | 140.30M | 118.60M | 87.20M | 89.80M | 83.47M |
Balance Sheet | |||||
| Total Assets | 4.04B | 3.58B | 3.30B | 2.22B | 2.11B |
| Cash, Cash Equivalents and Short-Term Investments | 1.80M | 7.90M | 4.90M | 6.20M | 4.98M |
| Total Debt | 1.64B | 1.49B | 1.40B | 814.42M | 798.07M |
| Total Liabilities | 2.44B | 2.19B | 2.06B | 1.38B | 1.34B |
| Stockholders Equity | 1.60B | 1.39B | 1.25B | 832.80M | 774.13M |
Cash Flow | |||||
| Free Cash Flow | -214.90M | -115.90M | 14.86M | 30.61M | -36.42M |
| Operating Cash Flow | 233.70M | 239.40M | 203.48M | 158.88M | 150.50M |
| Investing Cash Flow | -435.70M | -349.90M | -1.11B | -136.45M | -223.02M |
| Financing Cash Flow | 195.90M | 113.50M | 906.61M | -21.21M | 74.00M |
Chesapeake Utilities Technical Analysis
Negative
124.14
Price Trends
129.30
Negative
128.93
Negative
126.53
Negative
Market Momentum
-1.86
Positive
38.50
Neutral
16.73
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CPK, the sentiment is Negative. The current price of 124.14 is below the 20-day moving average (MA) of 128.99, below the 50-day MA of 129.30, and below the 200-day MA of 126.53, indicating a bearish trend. The MACD of -1.86 indicates Positive momentum. The RSI at 38.50 is Neutral, neither overbought nor oversold. The STOCH value of 16.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CPK.
Chesapeake Utilities Risk Analysis
Chesapeake Utilities disclosed 36 risk factors in its most recent earnings report. Chesapeake Utilities reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Chesapeake Utilities Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $5.33B | 17.59 | 8.13% | 3.45% | 15.06% | 12.27% | |
70 Outperform | $6.27B | 21.17 | 11.62% | 3.07% | -23.15% | 157.45% | |
68 Neutral | $2.20B | 16.85 | 7.78% | 4.18% | 11.27% | 20.04% | |
67 Neutral | $5.36B | 12.84 | 8.27% | 3.82% | -4.50% | 2.49% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
65 Neutral | $7.87B | 6.77 | 12.21% | 3.92% | 1.10% | 140.04% | |
62 Neutral | $2.97B | 20.80 | 9.13% | 2.15% | 17.15% | 15.00% |
* Utilities Sector Average
CPK
Chesapeake Utilities
124.14
-1.51
-1.20%
SR
Spire
90.68
15.51
20.63%
NWN
Northwest Gas
52.83
11.98
29.31%
SWX
Southwest Gas
86.71
17.15
24.66%
UGI
UGI
36.67
4.94
15.56%
OGS
ONE Gas
84.95
11.89
16.27%
Chesapeake Utilities Corporate Events
Business Operations and StrategyExecutive/Board Changes
Chesapeake Utilities Announces CFO Retirement and Successor
Positive
Mar 24, 2026
Chesapeake Utilities Corporation announced on March 24, 2026, that longtime chief financial officer, executive vice president, treasurer and assistant secretary Beth W. Cooper will retire on June 30, 2026, after a 36-year career in which she helpe...
Business Operations and StrategyFinancial Disclosures
Chesapeake Utilities Posts Strong 2025 Results, Reaffirms Outlook
Positive
Feb 25, 2026
Chesapeake Utilities Corporation reported strong fiscal 2025 results on February 25, 2026, with net income rising to $140.3 million, or $5.97 per share, from $118.6 million, or $5.26 per share, in 2024. Adjusted EPS reached $6.01, up 11.5 percent ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.