Chesapeake Utilities 2025 adjusted EPS rises

Chesapeake Utilities

25/02/2026 21:50

Overview

Diversified energy firm's fiscal 2025 adjusted EPS grew

Net income for fiscal 2025 rose to $140.3 mln

Company's capital spending for 2025 reached record $470.4 mln

Outlook

Chesapeake Utilities projects 2026 capital expenditures of $450-$500 mln

Company re-affirms 2024-2028 capital expenditure guidance of $1.5-$1.8 bln

Chesapeake Utilities re-affirms 2028 EPS guidance of $7.75-$8.00

Result Drivers

REGULATORY INITIATIVES - Adjusted gross margin increased by $71.1 mln, driven by regulatory initiatives and infrastructure programs

CUSTOMER GROWTH - Strong residential customer growth of 4.1% in Delmarva and 2.8% in Florida contributed to performance

TRANSMISSION PROJECTS - Completion of 10 transmission projects added $18.8 mln to adjusted gross margin

Company press release: ID:nPn2QtyxTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY EPS
$5.97
FY Net Income
$140.30 mln
FY Operating Income
$255.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the natural gas utilities peer group is "buy"

Wall Street's median 12-month price target for Chesapeake Utilities Corp is $146.25, about 8.3% above its February 24 closing price of $135.05

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)