Chesapeake Utilities (CPK)
Operates regulated gas and electric utilities alongside propane and mobile gas services.
Something off on this page? Send us feedback.
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
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 11, 2026 | Mizuho Securities | Target | Target: — | Target: $150 |
| Apr 20, 2026 | Barclays | Target | Target: $140 | Target: $142 |
| Feb 24, 2026 | Barclays | Reiterate | Rating: —Target: $141 | Target: $140 |
| Oct 28, 2025 | Barclays | Reiterate | Rating: —Target: $128 | Target: $141 |
| Oct 14, 2025 | Barclays | Reiterate | Rating: —Target: $124 | Target: $128 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $400.0K · Total debt $1.69B · Total assets $4.17B · Shareholders' equity $1.67B
- Revenue
- $201.9M
- Operating income
- $52.9M
- Net income
- $25.4M
HistoryDividendAnnual yield
| Institutions | 93.68% | 22.58M shares | |
|---|---|---|---|
| 333 holders · as of Jun 30, 2026 | |||
| Insiders | 1.64% | 396.3K shares | |
| 16 holders · as of May 26, 2026 | |||
| Other | 4.68% | 1.13M shares | |
| remainder | |||
24.11M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.55% | 3.75M | as of Jun 30, 2026 |
T. Rowe Price Investment Management, Inc.Institution | 10.34% | 2.49M | as of Jun 30, 2026 |
State Street CorpInstitution | 5.57% | 1.34M | as of Jun 30, 2026 |
Neuberger Berman Group LLCInstitution | 4.56% | 1.10M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.49% | 1.08M | as of Jun 30, 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 |
- 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
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Chesapeake Utilities | $131.15 | −0.58% | $3.17B | 21.0 | 19.2 | 3.2 | +4.7% |
| UGI | $36.77 | −0.23% | $7.90B | 12.3 | 12.6 | 1.1 | −4.5% |
| New Jersey Resources | $52.43 | −0.55% | $5.32B | 14.6 | 15.8 | 2.4 | +16.8% |
| National Fuel Gas | $80.39 | +0.48% | $7.60B | 11.1 | 10.8 | 3.0 | +1.1% |
| Suburban Propane | $16.78 | −0.24% | $1.12B | 8.6 | — | 0.8 | +0.5% |
| Spire | $77.72 | −0.99% | $4.64B | 8.8 | 16.0 | 1.8 | −0.4% |
| ONE Gas | $72.76 | −1.10% | $4.62B | 15.9 | 14.7 | 2.0 | −2.9% |
| Southwest Gas | $82.77 | −0.86% | $6.04B | 11.6 | 17.7 | 3.5 | −68.0% |
| Median | 11.6 | 15.3 | 2.0 | −0.4% |









