Chesapeake Utilities
Operates regulated gas and electric utilities alongside propane and mobile gas services.
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Profile
Distributes natural gas and electricity and operates gas transmission networks across the Mid-Atlantic and Florida, alongside propane, Ohio midstream, mobile gas transport, and contracted power generation. Regulated utility and pipeline operations anchor earnings, with rates and investment recovery governed by state commissions and FERC.
Distributes natural gas and electricity and transports natural gas through regulated networks spanning the Delmarva Peninsula and Florida. Florida Public Utilities, Florida City Gas, Delmarva Natural Gas, Eastern Shore Natural Gas, and Peninsula Pipeline form the core, while expansion work concentrates on pipeline capacity, system reliability, and customer connections—particularly in Florida.
Balances that regulated base with Sharp Energy propane distribution, Aspire Energy’s Ohio gathering and supply network, Eight Flags’ combined heat-and-power plant, and Marlin Gas Services’ nationwide mobile CNG, LNG, and RNG solutions. Renewable-gas projects extend the same delivery expertise into waste-derived fuel. Earnings remain anchored in regulated operations, whose customer rates and investment recovery depend on state commissions and, for Eastern Shore, FERC.
Company facts
Categories
Key statistics
Year to date +6.8% · Average volume (30d) 173.4K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Apr 20, 2026 | Barclays | Target | $140 | $142 | |
| Feb 24, 2026 | Barclays | Reiterate | Equal Weight | $141 | $140 |
| Oct 28, 2025 | Barclays | Reiterate | Equal Weight | $128 | $141 |
| Oct 14, 2025 | Barclays | Reiterate | Equal Weight | $124 | $128 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $1.07 | $1.05 | −1.9% | $198.9M | $201.9M | +1.5% | +0.26% |
| May 6, 2026Q1 FY26 | $2.38 | $2.47 | +3.8% | $339.9M | $353.1M | +3.9% | +1.11% |
| Feb 25, 2026Q4 FY25 | $1.94 | $1.94 | 0.0% | $208.6M | $258.9M | +24.1% | +0.28% |
| Nov 6, 2025Q3 FY25 | $0.90 | $0.82 | −8.9% | $235.1M | $179.6M | −23.6% | +2.00% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $298.7M | $192.8M | $179.6M | $258.9M | $353.2M | $201.9M | |
| Gross profit | $119.0M | $81.9M | $77.5M | $106.9M | $109.4M | $201.9M | |
| Operating income | $86.8M | $50.3M | $45.0M | $74.0M | $99.4M | $52.9M | |
| Net income | $50.9M | $23.9M | $19.4M | $46.1M | $59.3M | $25.4M | |
| Diluted EPS | $2.21 | $1.02 | $0.82 | $1.93 | $2.47 | $1.05 | |
| Gross margin | 39.8% | 42.5% | 43.2% | 41.3% | 31.0% | 100.0% | |
| Operating margin | 29.1% | 26.1% | 25.1% | 28.6% | 28.1% | 26.2% |
Fiscal years (4-quarter sums)FY21 $570.0M · FY22 $680.7M · FY23 $670.6M · FY24 $787.2M · FY25 $930.0M
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $400.0K · Total debt $1.69B · Total assets $4.17B · Shareholders' equity $1.67B
Dividends
Raised for 37 straight years — most recently to $0.735 from $0.685 in Jun 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 15, 2026 | Jun 15 | Jul 6 | $0.735 | raised from $0.685 |
| Mar 16, 2026 | Mar 16 | Apr 6 | $0.685 | |
| Dec 15, 2025 | Dec 15 | Jan 5 | $0.685 | |
| Sep 15, 2025 | Sep 15 | Oct 6 | $0.685 | |
| Jun 16, 2025 | Jun 16 | Jul 7 | $0.685 | raised from $0.64 |
| Mar 14, 2025 | Mar 14 | Apr 7 | $0.64 | |
| Dec 16, 2024 | Dec 16 | Jan 6 | $0.64 | |
| Sep 16, 2024 | Sep 16 | Oct 7 | $0.64 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 24.00M · Float 23.73M · 98.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.75M | 15.62% | 13F | Aug 7, 2026 |
| T. Rowe Price Investment Management, Inc. | 2.49M | 10.39% | 13F | Aug 14, 2026 |
| State Street Corp | 1.34M | 5.59% | 13F | Aug 7, 2026 |
| Neuberger Berman Group LLC | 1.10M | 4.58% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 1.08M | 4.51% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 21, 2026 | Jeffry M. Householder | director, officer: President & CEO | −10,000 | $126.12 |
| May 20, 2026 | Kevin J. Webber | officer: Sr VP & Chief Dev Officer | −2,000 | $127.37 |
| Dec 26, 2025 | Jeffry M. Householder | director, officer: President & CEO | −1,908 | $125.83 |
| Dec 19, 2025 | Jeffry M. Householder | director, officer: President & CEO | −3,092 | $127.41 |
| Dec 18, 2025 | Jeffry M. Householder | director, officer: President & CEO | −7,500 | $127.98 |
Peers
- UGI
Largest US retail propane distributor; regulated gas utilities in PA and MD
- New Jersey Resources
Fortune 1000 regulated gas distributor serving ~592k NJ customers, with Adelphia Gateway Pipeline in DE/PA corridor
- National Fuel Gas
Integrated Appalachian gas company: upstream, pipeline/storage, gathering, and utility
- Suburban Propane
Third-largest U.S. retail propane MLP; ~400M gal/yr across 42 states with east coast concentration
- Spire
Large natural-gas LDC serving AL, MS, and MO with midstream and marketing arms
- ONE Gas
Pure-play regulated gas LDC serving 2.3 million customers in OK, KS, and TX
- Southwest Gas
Pure-play regulated gas distributor serving 2.3 million customers in AZ, NV, CA
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Chesapeake Utilities | $132.71 | +0.00% | $3.19B | 21.2 | 19.7 | 3.2 | +4.7% |
| UGI | $38.01 | −0.03% | $8.15B | 12.7 | 13.0 | 1.1 | −4.5% |
| New Jersey Resources | $53.60 | +0.02% | $5.41B | 14.8 | 16.1 | 2.4 | +16.8% |
| National Fuel Gas | $82.97 | +0.02% | $7.89B | 11.5 | 11.0 | 3.1 | +1.1% |
| Suburban Propane | $17.63 | −0.06% | $1.17B | 9.0 | — | 0.8 | +0.5% |
| Spire | $82.56 | −0.05% | $4.88B | 9.2 | 16.9 | 1.9 | −0.4% |
| ONE Gas | $79.47 | −0.03% | $4.99B | 17.1 | 16.1 | 2.2 | −2.9% |
| Southwest Gas | $88.65 | −0.49% | $6.45B | 12.4 | 19.1 | 3.7 | −68.0% |
| Median | 12.4 | 16.1 | 2.2 | −0.4% |