secwatch.observer — SEC 8-K summary
======================================

Issuer:     CHESAPEAKE UTILITIES CORP (CPK)
CIK:        0000019745
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001628280-24-048963
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chesapeake Utilities provides pro forma 2023 results reflecting Florida City Gas acquisition
--------------------------------------------------------------------------------

- Pro forma combined revenue $788.5M, net income $87.7M; basic EPS $3.94, diluted $3.93.
- Acquisition of FCG completed Nov 30, 2023 for $922.8M cash, funded with $550M notes at 6.54% avg rate.
- Pro forma adjustments include $33M interest from debt issuance and elimination of $1.1M intercompany revenue.
- Weighted average shares increased by 3.9M shares issued to finance the acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19745/000162828024048963/0001628280-24-048963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19745/000162828024048963/cpk-20241122.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-048963

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer