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Chesapeake Utilities CorporationCPKCompetitor analysis, valuation and peers

United States · USD·Utilities›Gas Distributors

Diversified utility holding company providing regulated natural gas and electric service plus propane and energy services.

Momentum strong 75
Mkt cap
$3.38B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$22.1M
20-day average traded
Fwd P/E
20.4×
forward earnings
ROIC−WACC
-0.8 pp
WACC 7.1%
Hurdle
n/a
no reverse DCF
Next earnings
110 days
24 Feb 2027
Close · USD$140.28
1D-1.0%
1W+2.8%
1M+9.5%
3M+6.0%
6M+11.0%
YTD+12.4%
1Y+7.6%
ATR %2.2%
Beta-0.16
52w lowhigh3.6% off high

What Chesapeake Utilities does

Diversified utility holding company providing regulated natural gas and electric service plus propane and energy services.

The regulated gas and electric arms earn an allowed return on the approved asset base, reset in rate cases with state regulators, so investing in pipes and wires is what grows profit. The propane and energy-services units are not regulated and are priced at market, bringing swings with weather and commodity prices.

Products and services

  • Regulated natural gas distribution
  • Regulated electric distribution (Florida)
  • Propane/unregulated energy services

Customers

  • Residential/commercial/industrial customers in Del

Where it sits in the supply chain

  • Utilities
  • Regulated gas/electric utility plus…
  • Delmarva Peninsula and Florida…

What could go right

  • Rate base growth from infrastructure investment
  • RNG/unregulated business growth

What could go wrong

  • Regulatory rate-case risk
  • Propane price/weather sensitivity

Moat: narrow (regulatory licence, scale). Regulated utility franchises provide stable returns; the propane/unregulated segment is more competitive.

Headquarters: Dover, Delaware, US · Founded: 1859 · Employees: 1,300

Named competitors

Chesapeake Utilities at a glance

Size Chesapeake Utilities (CPK) is a United States Utilities company (Gas Distributors) with a market value of $3.38B, the 1463rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $140.28 on 6 Nov 2026.

Performance Over six months the shares gained 11.0%, against -4.7% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 14.6% over the last twelve months (peer median +1.7%); the operating margin is 27.3% (peer median 15.0%).

Valuation It trades at 20.4× forward earnings against a peer median of 16.6× (5th most expensive of 21).

Capital Return on invested capital runs 0.8 points below its cost of capital (7.1% WACC).

Short interest Short interest is 3.9% of the free float (15 Oct 2026).

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026CPK 112Peer median 96
Six months, rebased to 100: Chesapeake Utilities against the median of its 20 peers (local-currency closes).

Chesapeake Utilities financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$994M$930M$788M$669M$681M
Revenue growth—+18%+18%-2%—
Gross profit$309M$294M$271M$190M$165M
EBITDA$380M$365M$315M$239M$219M
Net income$150M$140M$119M$87.2M$89.8M
Free cash flow-$194M-$215M-$116M$14.9M$30.6M
Capital expenditure$502M$449M$355M$189M$128M
Total debt$1.69B$1.63B$1.49B$1.40B$817M

Quarterly statements and history in the cockpit →

Chesapeake Utilities competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%+10%0%+10%09560384TGSMDU9533601139EE1193A7RUBIPC0392036460OGSENGNWNSRNJRCTRIBKHCPK6-month return →1-month return →
Up and to the right = strong over both horizons. Chesapeake Utilities is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%+20%10×20×09560384TGSMDU9533601139EE1193A7RUBIPC0392036460002911OGSENGNWNSRNJRCTRICPKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Chesapeake Utilities is the large dot.

Chesapeake Utilities competitors and peer comparison

Head to head with its named competitors (CPK vs SR vs NJR vs UTL)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Chesapeake Utilities CPK$3.38B+11%+15%27%20.4×n/a
Spire SR$5.25B+4%+4%20%17.9×n/a
New Jersey Resources NJR$5.51B-2%+7%24%16.6×n/a
Unitil UTL$1.05B+11%+21%19%16.2×n/a
ONE Gas OGS$5.09B-5%-2%21%16.6×n/a
Northwest Natural NWN$2.18B+3%+4%36%16.6×n/a
UGI UGI$7.94B+15%0%14%10.6×6.1%

How Chesapeake Utilities compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Chesapeake Utilities against its 20 peers (data as of 6 Nov 2026)
MeasureCPKPeer medianRank in peer set
1-month return+9.5%+0.6%4th highest of 21
6-month return+11.0%-4.7%2nd highest of 21
Distance from 52-week high-3.6%-17.8%3rd highest of 21
Revenue growth (TTM)+14.6%+1.7%3rd highest of 21
Operating margin27.3%15.0%4th highest of 21
Forward P/E20.4×16.6×5th most expensive of 21
ROIC minus cost of capital-0.8 pp-1.2 pp9th highest of 21
EV / EBITDA13.4×10.9×5th most expensive of 17
Net debt / EBITDA4.5×5.0×8th least indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Chesapeake Utilities CPKUnited States$3.38B+11%+15%27%20.4×n/an/a
China Suntien Green Energy 0956.HKHong Kong$3.37B-15%-8%13%6.6×n/an/a
China Gas 0384.HKHong Kong$3.52B-31%-7%8%9.9×3.8%+1.0%
Transportadora de Gas del Sur SA Sponsored ADR Class B RegS TGSUnited States$3.80B-27%+11%44%8.2×-14.6%+11.8%
MDU Resources MDUUnited States$3.92B-17%-30%17%18.9×n/an/a
TOHO GAS 9533.TJapan$2.83B+3%-2%1%21.3×24.6%+8.4%
Shenzhen Gas 601139.SSChina$2.79B-7%-1%7%10.7×-9.2%+14.7%
Excelerate Energy EEUnited States$4.17B+9%+49%22%18.6×18.1%+23.3%
China Resources Gas 1193.HKHong Kong$4.77B-13%+1%6%10.7×1.8%+11.8%
Keppel Infrastructure Trust A7RU.SISingapore$2.34B-8%+4%10%23.5×8.7%+8.7%
Brookfield Infrastructure BIPC.TOCanada$4.91B+5%+6%60%22.0×n/an/a
Beijing Enterprises 0392.HKHong Kong$4.93B-3%+5%4%6.3×7.7%+6.7%
Kogas 036460.KSSouth Korea$2.31B-7%-10%7%2.9×-1.5%+11.4%
Foran Energy 002911.SZChina$2.27B-5%-10%4%12.3×-6.9%+34.8%
ONE Gas OGSUnited States$5.09B-5%-2%21%16.6×n/an/a
Enagas ENG.MCSpain$5.22B+7%-2%21%19.4×15.0%-2.2%
Northwest Natural NWNUnited States$2.18B+3%+4%36%16.6×n/an/a
Spire SRUnited States$5.25B+4%+4%20%17.9×n/an/a
New Jersey Resources NJRUnited States$5.51B-2%+7%24%16.6×n/an/a
Centuri CTRIUnited States$2.06B-41%+25%3%27.4×n/an/a
Black Hills BKHUnited States$6.47B+13%+3%24%18.2×n/an/a

Questions

Who are Chesapeake Utilities's main competitors?
Named competitors: Spire (SR), New Jersey Resources (NJR), Unitil (UTL), ONE Gas (OGS), Northwest Natural (NWN), UGI (UGI). The cockpit's measured peer set (industry) also includes China Suntien Green Energy (0956.HK), China Gas (0384.HK), Transportadora de Gas del Sur SA Sponsored ADR Class B RegS (TGS), MDU Resources (MDU), TOHO GAS (9533.T), Shenzhen Gas (601139.SS).
Is Chesapeake Utilities expensive compared with its peers?
On forward p/e it trades at 20.4× against a peer median of 16.6×, 5th most expensive of 21 in its peer set.
How has Chesapeake Utilities stock performed?
Over six months to 6 Nov 2026 the shares returned +11.0% against -4.7% for the median peer; over one year +7.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.