- 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 2026 driven primarily by regulatory initiatives and infrastructure programs, natural gas organic growth
- Capital investment of $121.9 million during the first quarter of 2026
- Florida City Gas (“FCG”) filed a petition in April 2026 seeking a general rate base increase, subject to review and approval by the Florida Public Service Commission (“PSC”)
- The Company continues to re-affirm its 2026 and 2024-2028 capital expenditure guidance ranges, as well as its 2028 EPS guidance range
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities” or the “Company”) today announced financial results for the three months ended March 31, 2026.
Net income for the first quarter of 2026 was $59.3 million ($2.47 per share) compared to $50.9 million ($2.21 per share) in the first quarter of 2025. Adjusted net income for the first quarter of 2026 was $59.3 million ($2.47 per share) compared with $51.1 million ($2.22 per share) in the prior-year period.
