Chesapeake Utilities Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jeffry Householder
- Full Time Employees
- 1,200
- Sector
- Utilities
- Industry
- Regulated Gas
- Address
- 909 Silver Lake Boulevard Dover DE United States of America 19904
- IPO Date
- Mar 17, 1980
- CIK
- 0000019745
- Website
- chpk.com
- Similar Companies
- Business
- Chesapeake Utilities Corporation (NYSE: CPK) operates as a diversified energy delivery company primarily engaged in the distribution of natural gas, propane gas and electricity; natural gas transmission; electricity and steam generation; and mobile compressed natural gas (CNG) solutions, serving residential, commercial and industrial customers. The company maintains regulated energy operations through segments including natural gas distribution across the Delmarva Peninsula and Florida, electric distribution in northeast Florida, propane distribution via subsidiary Sharp Energy, and natural gas transmission primarily in Delaware, Florida, Maryland and Ohio; it also pursues unregulated businesses such as energy delivery development and virtual pipeline services. Headquartered at 500 Energy Lane in Dover, Delaware, and founded in 1859, Chesapeake Utilities extends its geographic footprint across the Mid-Atlantic and Southeast United States, with recent expansions emphasizing Florida's high-growth markets. In recent developments, the company completed the acquisition of Florida City Gas from NextEra Energy in 2023, more than doubling its Florida customer base and natural gas infrastructure across five of the state's top 10 most populous counties; Sharp Energy acquired propane assets including J.T. Lee and Son's in North Carolina in late 2023 and Hernando Gas in Florida in 2022, adding thousands of customers and significant propane volumes. Chesapeake Utilities advanced major transmission infrastructure projects with nearly $113 million invested in the first quarter of 2025 alone for reliability and new service options; it outlined a $1.8 billion capital plan through 2028 at its 2025 Investor Day, targeting 18% EPS growth, alongside ongoing rate cases, technology implementations like 1CX at Florida City Gas, and safety initiatives such as the opening of a second Safety Town facility in DeBary, Florida, in early 2025.
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