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Companies / Utilities / CHESAPEAKE UTILITIES CORP
CPK

CHESAPEAKE UTILITIES CORP

UtilitiesElectric, Gas & Water
Ticker CPKDOVER, DEFiscal year ends DecemberBook value per share $69.39Diluted shares 24.1M

Chesapeake Utilities Corporation (NYSE: CPK) is an energy delivery company operating primarily across the Mid-Atlantic region, North Carolina, South Carolina, Florida, and Ohio. The company engages in the distribution of natural gas, electricity, and propane, as well as the transmission of natural gas, generation of… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$930.00M
+18.1% year over year
Last 12 mo $993.50M
27.52%
−1.5 percentage points
Last 12 mo 27.29%
$140.30M
+18.3% year over year
Last 12 mo $150.20M
8.78%
+0.2 percentage points
Last 12 mo 8.98%
Cash & financing
$233.70M
−2.4% year over year
Last 12 mo $308.10M
$-214.90M
−84.8% year over year
Last 12 mo $-193.50M
0.21
Was 0.19× a year earlier
Last 12 mo 0.22
23.5M
+4.2% year over year
Last 12 mo 24.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What CHESAPEAKE UTILITIES CORP does

In the company’s own words

Chesapeake Utilities Corporation (NYSE: CPK) is an energy delivery company operating primarily across the Mid-Atlantic region, North Carolina, South Carolina, Florida, and Ohio. The company engages in the distribution of natural gas, electricity, and propane, as well as the transmission of natural gas, generation of electricity and steam, and provision of mobile compressed natural gas and other energy-related services. More information about the company is available at www.chpk.com.

The company operates through two reportable segments: Regulated Energy and Unregulated Energy. The Regulated Energy segment comprises natural gas and electric distribution operations along with natural gas transmission services, generating $119.7 million in net income during 2025. This segment includes operations under Florida Public Utilities Company, Florida City Gas, Delmarva Natural Gas divisions, Eastern Shore Natural Gas Company, Peninsula Pipeline, and Aspire Energy Express. The Unregulated Energy segment, which generated $21.3 million in net income, encompasses propane operations through Sharp Energy and Diversified Energy, energy transmission via Aspire Energy of Ohio, energy generation through Eight Flags, and Marlin Gas Services, which provides mobile CNG and virtual pipeline solutions.

Chesapeake Utilities serves approximately 114,245 natural gas customers in the Delmarva region, 228,949 natural gas customers in Florida, and 33,516 electric customers in Florida, along with approximately 92,402 propane customers across multiple states. The company maintains total assets of approximately $3.9 billion as of December 31, 2025, and employs more than 1,300 people, including 186 union employees represented by the International Brotherhood of Electrical Workers and the United Food and Commercial Workers Union.

The company's growth strategy focuses on prudently deploying investment capital through organic growth, territory expansions, and strategic acquisitions, while proactively managing its regulatory agenda and executing business transformation initiatives. A significant milestone was the November 2023 acquisition of Florida City Gas from Florida Power & Light Company for $922.8 million, which expanded the company's Florida natural gas customer base substantially. The company maintains a tradition of regulated utility operations providing stable earnings while pursuing investments in related businesses and sustainable energy solutions, including renewable natural gas projects and farm-scale anaerobic digestion technology.

Company details
Sector
Utilities
Industry
Electric, Gas & Water
Headquarters
DOVER, DE
Fiscal year end
December
CIK
19745
SIC
4923

Financial performance, year by year

Fiscal 2013–2025 · USD
$-99.35M$198.70M$496.75M$794.80M$1.09B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns CHESAPEAKE UTILITIES CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

306
funds hold it
0 of 35
superinvestors hold it
$1.51B
held by funds, at market
50.7%
of shares held by funds

Largest fund holders · CHESAPEAKE UTILITIES CORP’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.16%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Neuberger Genesis Fund
NBGNX · NEUBERGER BERMAN EQUITY FUNDS
1.11%of fund net assets
T. Rowe Price Small-Cap Value Fund, Inc.
PRSVX · T. ROWE PRICE SMALL-CAP VALUE FUND, INC.
0.75%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do CHESAPEAKE UTILITIES CORP and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of CHESAPEAKE UTILITIES CORP's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in CHESAPEAKE UTILITIES CORP's last four quarterly filings that the numbers alone won't show?”
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