Sector: Utilities | Industry: Natural Gas Utilities |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 500 Energy Lane DOVER DE 19901 |
Tel: | 1-888-7425275 |
Website: | https://chpk.com |
IR: | See website |
Key People | ||
Jeffry M. Householder Chairman of the Board, President, Chief Executive Officer | Elizabeth W. Cooper Chief Financial Officer, Executive Vice President, Treasurer, Assistant Secretary | Jeffrey S. Sylvester Chief Operating Officer, Senior Vice President |
James F. Moriarty Executive Vice President, General Counsel, Corporate Secretary, Chief Policy and Risk Officer | Michael D. Galtman Senior Vice President, Chief Accounting Officer | Kevin J. Webber Senior Vice President, Chief Development Officer |
Business Overview |
Chesapeake Utilities Corporation is an energy delivery company operates primarily in the Mid-Atlantic region, North Carolina, South Carolina, Florida and Ohio. It is engaged in the distribution of natural gas, electricity and propane, the transmission of natural gas, the generation of electricity and steam, and in providing related services to its customers. Its Regulated Energy segment includes energy distribution and transmission services (natural gas distribution, natural gas transmission and electric distribution operations). Its Unregulated Energy segment includes energy transmission, energy generation (the operations of its Eight Flags' CHP plant), propane distribution operations, mobile compressed natural gas distribution and pipeline solutions operations, and sustainable energy investments, including renewable natural gas. It also includes other unregulated energy services, such as energy-related merchandise sales and heating, ventilation and air conditioning, and others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Chesapeake Utilities Corporation revenues decreased 1% to $670.6M. Net income decreased 3% to $87.2M. Revenues reflect Unregulated Energy segment decrease of 23% to $199M. Net income also reflects Unregulated Energy segment income decrease of 11% to $24.4M, Other segment income decrease of 33% to $178K. Dividend per share increased from $2.03 to $2.25. |
Employees: | 1,281 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,749M as of Dec 31, 2023 |
Annual revenue (TTM): | $670.60M as of Dec 31, 2023 |
EBITDA (TTM): | $226.66M as of Dec 31, 2023 |
Net annual income (TTM): | $87.21M as of Dec 31, 2023 |
Free cash flow (TTM): | -$25.15M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,381M as of Dec 31, 2023 |
Shares outstanding: | 22,267,394 as of Mar 11, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |