---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-031368"
form_type: "8-K"
ticker: "CPK"
cik: "0000019745"
company_name: "CHESAPEAKE UTILITIES CORP"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:57:49.164991+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Chesapeake Utilities Q1 net income $59.3M, EPS $2.47, up 11.8% YoY

## Summary
- Net income $59.3M ($2.47 EPS) vs $50.9M ($2.21 EPS) in Q1 2025; adjusted EPS also $2.47.
- Adjusted gross margin growth of $23.8M driven by regulatory initiatives, infrastructure programs, organic growth, and transmission expansions.
- Capital investment of $121.9M in Q1; reaffirms 2026 capex guidance $450-$500M and 2028 EPS guidance $7.75-$8.00.
- FCG filed petition in April 2026 seeking general rate base increase with Florida PSC.
- CFO Beth Cooper retiring after 36 years; Jeff Sylvester (COO) to become CFO on July 1, 2026.

## SEC filing metadata
- accession: 0001628280-26-031368
- form_type: 8-K
- ticker: CPK
- cik: 0000019745
- company_name: CHESAPEAKE UTILITIES CORP
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/19745/000162828026031368/0001628280-26-031368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/19745/000162828026031368/cpk-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-031368
- JSON: https://secwatch.observer/filing/0001628280-26-031368.json
- Plain text: https://secwatch.observer/filing/0001628280-26-031368.txt

## Source-grounded claims
- claim_id: 5180c78a07dff26b71e7b387fc4179aa326b80a7
  claim: CHESAPEAKE UTILITIES CORP reported the three months ended March 31, 2026 results: net income $59.3 million ($2.47 per share), EPS $2.47. Guidance reaffirmed.
  evidence_excerpt: --- FOR IMMEDIATE RELEASE May 6, 2026 NYSE Symbol: CPK CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2026 RESULTS • Net income and earnings per share ("EPS")* were $59.3 million and $2.47, respectively, representing an EPS growth rate of 11.8 percent compared to the prior year • Adjusted gross margin** growth of $23.8 million during the first quarter of
  evidence_url: https://www.sec.gov/Archives/edgar/data/19745/000162828026031368/0001628280-26-031368-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.