Core Viewpoint - Chesapeake Utilities Corporation has announced an increase in its quarterly cash dividend, reflecting a commitment to shareholder value and strategic growth [1][2]. Dividend Increase - The Board of Directors voted to raise the quarterly cash dividend from $0.64 to $0.685 per share, resulting in an annualized dividend increase from $2.56 to $2.74 per share, which is a 7 percent increase [1]. - The new dividend will be payable on July 7, 2025, to shareholders of record as of June 16, 2025 [1]. Strategic Focus - The decision to increase the dividend is part of the company's balanced approach to capital investment and sustained earnings growth, which supports ongoing dividend growth [2]. - The company emphasizes three strategic pillars: prudent capital deployment, proactive regulatory management, and continuous business transformation, which are expected to drive earnings growth and enhance shareholder value [2]. Dividend History - Chesapeake Utilities has a long-standing history of paying dividends without interruption for 64 years and has consistently increased its annualized dividend every year since 2004 [3]. Company Overview - Chesapeake Utilities Corporation is a diversified energy delivery company listed on the NYSE (CPK), providing sustainable energy solutions through various services including natural gas transmission and distribution, electricity generation, and propane gas distribution [4].

Chesapeake Utilities (CPK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 7, 2025, might help the stock move higher if these key numbers are better tha ...

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Chesapeake Utilities (CPK) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Chesapeake Utilities is one of 106 companies in the Utilities group. The Utilities group currently sits at #1 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the ind ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Chesapeake Utilities Corporation (NYSE: CPK ) is a regulated natural gas utility that operates in the states of Delaware, Maryland, and Florida. The company also operates as a natural gas-focused midstream company in the states of Delaware, Maryland, Pennsylvania, Florida, andAt Energy Profits in Dividends, we seek to generate a 7%+ income yield by investing in a portfolio of energy stocks while minimizing our risk of principal loss. By subscribing, you will get access to our best ideas earlier than they ar ...

Core Viewpoint - Chesapeake Utilities Corporation will host a conference call to discuss its financial results for Q1 2024 on May 8, 2025, with the earnings press release issued on May 7, 2025 [1]. Company Information - Chesapeake Utilities Corporation is a diversified energy delivery company listed on the NYSE under the ticker CPK, providing sustainable energy solutions through various services including natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, and mobile compressed natural gas utility services [3]. Conference Call Details - The conference call will take place at 8:00 a.m. ET, and registration is required for those wishing to listen via live webcast [2]. - Dial-in information for the conference call includes a toll-free number (800-579-2543) and an international number (785-424-1789), with a Conference ID of CPKQ125 for participants [2]. - A replay of the conference call will be available on the company's website after the call concludes [2].

Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Has Chesapeake Utilities (CPK) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Chesapeake Utilities is a member of our Utilities group, which includes 106 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual st ...

DOVER, Del., April 7, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE:CPK) today announced that video recordings of the presentation and panel discussions from the Company's recent 2025 Investor Day are now available to view via web replay on its Investor Relations site: https://investorevent.chpk.com/recap/.The 2025 Investor Day event held March 12-13 at the Kennedy Space Center in Cape Canaveral, Florida, brought together members of the Chesapeake Utilities leadership team and the financial co ...

DOVER, Del., April 2, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) celebrates the 10-year anniversary of its Ohio subsidiary. On April 1, 2015, the Company completed the merger of Gatherco Inc. into Aspire Energy of Ohio LLC to deliver energy through natural gas midstream services, processing and transportation services. Since the merger, the Ohio team has significantly improved the safety, resiliency, and reliability of the natural gas systems, while continuing to meet the growing need ...

Industry Overview - Natural gas distribution pipelines are essential for delivering natural gas to consumers, with nearly 3 million pipelines in the U.S. [1] - The demand for distribution pipelines is increasing due to rising natural gas consumption both domestically and internationally [2] Financial Environment - The natural gas industry requires consistent funding to address aging infrastructure and maintain pipelines [3] - The Federal Reserve has lowered the federal fund rate by one percentage point since September 2024, with further reductions expected in 2025, benefiting capital-intensive utilities [3] Utility Companies Performance - Utility service providers typically experience steady revenue growth and profitability, enhancing shareholder value through dividends [4] - Chesapeake Utilities (CPK) has a market capitalization of $2.90 billion, while New Jersey Resources (NJR) has $4.86 billion [6] Growth Projections - Chesapeake Utilities is projected to have 2025 earnings of $6.27 per share on revenues of $849.1 million, indicating a 16.3% increase in earnings and 7.9% revenue growth [7] - New Jersey Resources is expected to have earnings of $3.15 per share on revenues of $1.83 billion, reflecting a 7.5% increase in earnings and 1.7% revenue growth [7] Stock Performance - Over the past six months, NJR shares have increased by 2.1%, while CPK shares have risen by 0.9%, contrasting with a 4.9% decline in the industry [8] Debt and Financial Ratios - Chesapeake Utilities has a debt-to-capital ratio of 51.63%, and New Jersey Resources has 59.64%, both below the sector average of 60.26% [10] - The times interest earned (TIE) ratio for CPK is 3.4, and for NJR it is 4.2, indicating both companies have maintained financial flexibility to meet debt obligations [11] Dividend Yield - Chesapeake Utilities has a dividend yield of 2.06%, while New Jersey Resources has a yield of 3.76%, both exceeding the S&P 500 Composite average of 1.27% [12] Investment Recommendation - Both Chesapeake Utilities and New Jersey Resources are positioned as strong investments, with NJR being favored due to its superior TIE ratio, dividend yield, and stock performance [13]