Highest-materiality recent filing
Chesapeake sells 49% stake in Florida Energy Pathway to NextEra; project ~$1.2B
Peninsula retains 51% of Florida Energy Pathway JV; NextEra Energy Resources acquires 49% minority interest.
Chesapeake Utilities Q2 EPS $1.05, raises 2026 capex to $550-600M, unveils $1.2B FEP project
Q2 net income $25.4M ($1.05 diluted EPS); YTD net income $84.7M ($3.51 diluted EPS).
Chesapeake Utilities announces $1.2B Florida Energy Pathway natural gas pipeline project
24-inch intrastate pipeline from Palm Beach to Miami-Dade County; in-service target 2030.
Chesapeake Utilities stockholders elect four directors, approve say-on-pay and auditor ratification
All director nominees elected: Elisabeth Eden (20.5M for), Thomas Bresnan (19.9M for), Ronald Forsythe Jr. (20.2M for), Sheree Petrone (20.5M for); 1.76M broker non-votes each.
Chesapeake Utilities Q1 net income $59.3M, EPS $2.47, up 11.8% YoY
Net income $59.3M ($2.47 EPS) vs $50.9M ($2.21 EPS) in Q1 2025; adjusted EPS also $2.47.
Chesapeake Utilities CFO Beth Cooper to retire June 30; COO Jeff Sylvester named successor
CFO Beth Cooper retires after 36 years, effective June 30, 2026.
Chesapeake Utilities reports FY2025 adjusted EPS $6.01, up 11.5% YoY; record capex $470M
Adjusted EPS $6.01 for FY2025, up 11.5% YoY vs $5.39; GAAP EPS $5.97.
Chesapeake Utilities Q3 net income $19.4M, EPS $0.82; reaffirms FY25 EPS $6.15-$6.35
Q3 2025 adjusted net income $19.5M ($0.82 EPS) vs $18.1M ($0.80) in Q3 2024; net income $19.4M ($0.82).
Chesapeake Utilities appoints Elisabeth A. Eden as independent director and audit committee member
Board expanded from seven to eight directors; Eden appointed as Class II director effective Sept 15, 2025.
Chesapeake Utilities issues $200M senior notes (4.88%-5.16%) and extends $250M revolver
Issued $200M aggregate principal of unsecured senior notes; $150M funded Aug 1, $50M expected Sep 15, 2025.
Chesapeake Utilities Q2 EPS $1.04 adj, up 21% YoY; raises 2025 capex guide
Q2 net income $23.9M ($1.02 EPS); adj. net income $24.3M ($1.04 EPS) vs $0.86 adj. EPS in Q2 2024, growth of 20.9%.
Director Stephanie N. Gary resigns from Chesapeake Utilities board after employment change
Stephanie N. Gary resigned as Class I director and Audit Committee member on July 25, 2025.
Chesapeake Utilities to present at AGA Financial Forum May 18-20, 2025
Management meeting investors and analysts May 18-20, 2025 at AGA Financial Forum.
Shareholders approved declassification of Board over three years, with full annual election starting 2028.
Chesapeake Utilities Q1 net income rises to $50.9M; reaffirms 2025 EPS guidance
Net income $50.9M ($2.21 EPS) vs $46.2M ($2.07) in Q1 2024; adjusted EPS $2.22 vs $2.10.
Chesapeake Utilities corrects 8-K after inadvertent disclosure of internal planning slides
Incorrect Q4 2024 earnings presentation filed Feb 26 included internal slides marked 'For Internal Use & Reference Only' with projections.
Chesapeake Utilities FY2024 adj EPS $5.39, reaffirms 2025 guidance $6.15-$6.35
FY2024 net income $118.6M ($5.26 EPS); adjusted net income $121.5M ($5.39 adj EPS), vs $97.8M ($5.31) in 2023.
Chesapeake Utilities launches $100M at-the-market equity offering program
Up to $100M in common stock may be sold via ATM program; 10 sales agents appointed including RBC and Barclays.
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.
Chesapeake Utilities Q3 adj EPS $0.80 (+16% YoY); FY2024 adj EPS guidance reaffirmed $5.33-$5.45
Q3 2024 net income $17.5M ($0.78 diluted EPS); adjusted net income $18.1M ($0.80 adj EPS).
Chesapeake Utilities issues $100M of 5.20% Senior Notes due 2029
Principal amount $100M, interest rate 5.20% per annum, maturity November 1, 2029.
Chesapeake Utilities secures $450M revolver comprising $200M 5-year and $250M 364-day facilities
New unsecured credit facility includes $200M 5-Year Revolver maturing Aug 2029 and $250M 364-Day Revolver maturing Aug 2025.
Chesapeake Utilities Q2 adjusted net income $19.3M ($0.86 EPS), affirms FY2024 guidance
Q2 2024 net income $18.3M ($0.82 EPS); adjusted net income $19.3M ($0.86 EPS) vs $16.1M ($0.90) prior year.
Chesapeake Utilities to present at 2024 AGA Financial Forum on May 19-21
Management will meet with investors and analysts during the AGA Financial Forum from May 19-21, 2024.
Chesapeake Utilities shareholders elect three directors, approve say-on-pay and auditor
Lisa G. Bisaccia (18.6M for, 313k withheld), Stephanie N. Gary (18.7M for, 206k withheld), and Dennis S. Hudson III (18.0M for, 883k withheld) elected as Class I directors.
Chesapeake Utilities posts Q1 2024 earnings presentation; no specific results in filing
Presentation posted on company website for May 9, 2024 conference call covering Q1 ended March 31, 2024.
Chesapeake Utilities Q1 adjusted EPS $2.10, up 3% YoY; reaffirms 2024 guidance $5.33-$5.45
Q1 adjusted EPS $2.10 (up from $2.04); GAAP EPS $2.07; net income $46.2M vs $36.3M.
Chesapeake Utilities posts Q4/FY2023 earnings presentation; no specific data in exhibit
Filing announces Q4 and full year 2023 earnings presentation posted on investor website for Feb 22, 2024 conference call.
Chesapeake Utilities FY 2023 adj EPS $5.31, up 5.4%; guides 2024 EPS $5.33-$5.45
Adjusted EPS for FY 2023 was $5.31 (up 5.4% vs $5.04); GAAP EPS $4.73 includes $0.58 FCG acquisition costs.
Chesapeake Utilities closes FCG acquisition for $923M; pro forma EPS shows dilution
Acquired Pivotal Utility Holdings (Florida City Gas) for $923.4M cash, closed Nov 30, 2023.
Chesapeake Utilities completes $923.4M acquisition of Florida City Gas from FPL
Purchase price ~$923.4M cash; funded via $550M senior notes, equity offering, and revolving credit facility.
Chesapeake Utilities enters $550M note purchase agreement to fund Florida City Gas acquisition
$550M principal of senior notes issued in six series with maturities 2026-2038 and interest rates 6.39%-6.73%.
Chesapeake Utilities raises $367M in public offering of 4.44M shares at $85.50/share
Company sold 3,859,649 shares directly to underwriters at $82.72125/share; 30-day option for 578,947 additional shares exercised in full.
Chesapeake Utilities gets HSR clearance, expects FCG acquisition close in Q4 2023
Hart-Scott-Rodino waiting period expired Nov 6, 2023; regulatory financing approvals received.
Chesapeake Utilities posts Q3 2023 earnings presentation; no financials in filing
Presentation posted on Nov 2, 2023, on company website; conference call on Nov 3.
Chesapeake Utilities Q3 adjusted EPS up 28% to $0.69; FCG acquisition on track for Q4 close
Q3 GAAP EPS $0.53 (vs $0.54 prior year); adjusted EPS $0.69 (up 28%).
Chesapeake Utilities to acquire Florida City Gas for $923.4M cash, expanding FL footprint
Acquisition of ~120,000-customer FCG from NextEra Energy (NEE) for $923.4M cash; close expected Q4 2023.
Chesapeake Utilities amends credit agreement, adds $175M short-term capacity
Second Amendment provides $175M short-term debt capacity under 364-day facility expiring Aug 8, 2024.
Chesapeake Utilities posts Q2 2023 earnings presentation; no financial details in filing
Presentation posted on August 4, 2023 for Q2 2023 earnings conference call.
Chesapeake Utilities Q2 2023 EPS $0.90 vs $0.96; operating income up 7.1%
Q2 2023 EPS of $0.90 vs $0.96 in Q2 2022 which included a $0.08 non-recurring gain.
Chesapeake Utilities appoints CEO Householder as Board Chair, Bresnan as Lead Director
President & CEO Jeffry M. Householder named Chair of the Board, effective May 3, 2023.
Chesapeake Utilities posts Q1 2023 earnings presentation; details not in filing
Presentation furnished as Exhibit 99.1 and posted on company website under Investors section.
Board approved amended bylaws effective May 3, 2023; virtual stockholder meetings now permitted under DGCL Section 211.
Chesapeake Utilities Q1 EPS $2.04 vs $2.08 YoY; net income $36.3M; guidance reaffirmed
Net income of $36.3M ($2.04 diluted EPS) vs $36.9M ($2.08) in Q1 2022; weather cut EPS by $0.29.
Chesapeake Utilities posts Q4/FY2022 earnings presentation; details not in filing
Company posted presentation used during Feb 23, 2023 conference call for Q4 and full year 2022 results.
Chesapeake Utilities reports record FY2022 EPS $5.04, raises 2025 EPS guidance to $6.15-$6.35
Full year 2022 EPS $5.04, up 6.6% from $4.73; net income $89.8M, up 7.6%.
Chesapeake Utilities posts Q3 2022 earnings call presentation; no specific results furnished
Item 7.01 – Regulation FD Disclosure: company made earnings call presentation available on its website.
Chesapeake Utilities Q3 EPS falls to $0.54; YTD EPS rises 3.8% to $3.58
YTD net income $63.6M, EPS $3.58 (up 3.8% YoY); Q3 net income $9.7M, EPS $0.54 vs $0.71 prior-year.
Chesapeake Utilities issues $80M of 5.43% Senior Notes due 2038 to Prudential
Aggregate principal of $80 million; annual principal payments of $8.0M start March 14, 2029; final maturity March 14, 2038.
Chesapeake Utilities amends credit facility: SOFR replaces LIBOR, removes $150M investment cap
Interest rates switch from LIBOR to SOFR plus 10bps credit spread adjustment.
On July 21, 2022, the Board of Directors (the "Board") of Chesapeake Utilities Corporation (the "Company") increased the size of the Board from eleven to thirteen directors and appointed Sheree M. Petrone and Stephanie N. Gary to serve on the Board, effective July 22, 2022.
On July 21, 2022, the Board of Directors (the "Board") of Chesapeake Utilities Corporation (the "Company") increased the size of the Board from eleven to thirteen directors and appointed Sheree M. Petrone and Stephanie N. Gary to serve on the Board, effective July 22, 2022.
On December 20, 2021, Chesapeake Utilities Corporation (the “Company”) announced that Jeffrey S. Sylvester was appointed as Chief Operating Officer, effective January 1, 2022.
appointed Lisa G. Bisaccia to fill the resulting vacancy, effective October 15, 2021.
Max materiality 0.90 · Median 0.57 · Most common event earnings