CHESAPEAKE UTILITIES CORP
CPK · Natural Gas Transmisison & Distribution · 24.0M shares · +3%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$30M (gross -$23M, SBC $8M)
Reference price $125.40 · est. market cap ~$3.0B — last insider sale, 2026-05-21 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Profitable, growing regulated gas utility whose negative FCF and thin cash reflect growth capex, not distress.
Strengths
- Operating margin 27.5% (91st pct), net margin 15% (80th), revenue growth 18% (72nd)
- Net income growth +18% (64th pct); interest coverage 3.5 (66th)
Risks
- Negative FCF -$215M (5.5th pct) and near-zero cash runway from heavy capital spending
- Weak liquidity (current ratio 0.45) and elevated debt/equity 0.83 (72nd pct)
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
27.5%
Net margin
15.1%
Return on equity
8.8%
Return on assets
3.5%
ROIC
6.9%
Revenue growth (QoQ)
36.4%
Net-income growth
18.3%
Debt / equity
0.8×
Net debt / EBITDA
3.8×
Interest coverage
3.5×
Current ratio
0.4×
Free cash flow
-$215M
EBITDA
$348M
Tangible book value
$1.1B
Cash & investments
$2M
Cash runway
0q
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-21 | Householder Jeffry M | Sell | 1.7K | $125.40 |
| 2026-05-21 | Householder Jeffry M | Sell | 8.3K | $126.27 |
| 2026-05-21 | Householder Jeffry M | Sell | 3 | $127.56 |
| 2026-05-20 | Webber Kevin J | Sell | 2.0K | $127.37 |
| 2026-05-06 | Forsythe Ronald G Jr | Grant | 1.1K | $125.83 |
| 2026-05-06 | Eden Elisabeth A | Grant | 1.1K | $125.83 |
| 2026-05-06 | Jaber Lila A | Grant | 1.1K | $125.83 |
| 2026-05-06 | Petrone Sheree M. | Grant | 1.1K | $125.83 |
| 2026-05-06 | Bisaccia Lisa | Grant | 1.1K | $125.83 |
| 2026-05-06 | BRESNAN THOMAS J | Grant | 1.1K | $125.83 |
| 2026-05-06 | HUDSON DENNIS S III | Grant | 1.1K | $125.83 |
| 2026-02-24 | Webber Kevin J | Grant | 3.3K | $135.05 |
| 2026-02-24 | Householder Jeffry M | Grant | 21K | $135.05 |
| 2026-02-24 | Sylvester Jeffery S | Tax withheld | 307 | $135.05 |
| 2026-02-24 | Galtman Michael D | Tax withheld | 973 | $135.05 |
| 2026-02-24 | Cooper Beth W | Tax withheld | 3.5K | $135.05 |
| 2026-02-24 | Moriarty James F | Grant | 7.6K | $135.05 |
| 2026-02-24 | Sylvester Jeffery S | Grant | 3.9K | $135.05 |
| 2026-02-24 | Galtman Michael D | Grant | 2.9K | $135.05 |
| 2026-02-24 | Cooper Beth W | Grant | 7.6K | $135.05 |
| 2026-02-24 | Webber Kevin J | Tax withheld | 79 | $135.05 |
| 2026-02-24 | Moriarty James F | Tax withheld | 3.7K | $135.05 |
| 2026-02-24 | Householder Jeffry M | Tax withheld | 497 | $135.05 |
| 2026-01-06 | Cooper Beth W | Option exercise | 792 | $122.11 |
| 2026-01-06 | Forsythe Ronald G Jr | Tax withheld | 246 | $122.11 |
| 2025-12-26 | Householder Jeffry M | Sell | 1.9K | $125.83 |
| 2025-12-19 | Householder Jeffry M | Sell | 500 | $127.33 |
| 2025-12-19 | Householder Jeffry M | Sell | 1.0K | $126.45 |
| 2025-12-19 | Householder Jeffry M | Sell | 1.6K | $128.08 |
| 2025-12-18 | Householder Jeffry M | Sell | 7.3K | $127.97 |
| 2025-12-18 | Householder Jeffry M | Sell | 200 | $128.49 |
| 2025-12-17 | Householder Jeffry M | Sell | 7.5K | $126.74 |
| 2025-12-16 | Householder Jeffry M | Sell | 5.0K | $126.72 |
| 2025-12-16 | Householder Jeffry M | Sell | 13 | $127.28 |
| 2025-11-20 | Sylvester Jeffery S | Sell | 1.0K | $137.08 |
| 2025-09-25 | Cooper Beth W | Sell | 26 | $132.80 |
| 2025-09-25 | Cooper Beth W | Sell | 5.0K | $132.14 |
| 2025-06-06 | Forsythe Ronald G Jr | Tax withheld | 138 | $118.37 |
| 2025-05-07 | Bisaccia Lisa | Grant | 895 | $134.05 |
| 2025-05-07 | BRESNAN THOMAS J | Grant | 895 | $134.05 |
| 2025-05-07 | Forsythe Ronald G Jr | Grant | 895 | $134.05 |
| 2025-05-07 | Gary Stephanie N | Grant | 895 | $134.05 |
| 2025-05-07 | Jaber Lila A | Grant | 895 | $134.05 |
| 2025-05-07 | Petrone Sheree M. | Grant | 895 | $134.05 |
| 2025-05-07 | HUDSON DENNIS S III | Grant | 895 | $134.05 |
| 2025-02-26 | Householder Jeffry M | Grant | 11K | $126.58 |
| 2025-02-26 | Cooper Beth W | Grant | 4.3K | $126.58 |
| 2025-02-26 | Galtman Michael D | Tax withheld | 476 | $126.58 |
| 2025-02-26 | Webber Kevin J | Tax withheld | 45 | $126.58 |
| 2025-02-26 | Sylvester Jeffery S | Tax withheld | 169 | $126.58 |
| 2025-02-26 | Moriarty James F | Tax withheld | 1.6K | $126.58 |
| 2025-02-26 | Householder Jeffry M | Tax withheld | 1.3K | $126.58 |
| 2025-02-26 | Cooper Beth W | Tax withheld | 1.1K | $126.58 |
| 2025-02-26 | Householder Jeffry M | Tax withheld | 1.3K | $126.58 |
| 2025-02-26 | Galtman Michael D | Grant | 1.6K | $126.58 |
| 2025-02-26 | Webber Kevin J | Grant | 1.9K | $126.58 |
| 2025-02-26 | Sylvester Jeffery S | Grant | 2.1K | $126.58 |
| 2025-02-26 | Moriarty James F | Grant | 4.3K | $126.58 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-08 | Shareholder voteExhibits | filing ↗ |
| 2026-05-06 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-24 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-02-25 | ResultsReg FDExhibits | filing ↗ |
| 2025-11-06 | ResultsReg FDExhibits | filing ↗ |
| 2025-09-16 | Exec/director changeExhibits | filing ↗ |
| 2025-08-07 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-08-07 | ResultsReg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-08 | 2026-05-06 | 0001628280-26-032722 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001628280-26-031368 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001628280-26-031397 ↗ |
| 8-K | 2026-03-24 | 2026-03-24 | 0001628280-26-020829 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0001628280-26-011753 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001628280-26-011742 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001628280-25-050291 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001628280-25-050286 ↗ |
| 8-K | 2025-09-16 | 2025-09-12 | 0000019745-25-000037 ↗ |
| 8-K | 2025-08-07 | 2025-08-01 | 0001628280-25-038811 ↗ |
| 8-K | 2025-08-07 | 2025-08-07 | 0001628280-25-039000 ↗ |
| 10-Q | 2025-08-07 | 2025-06-30 | 0001628280-25-039014 ↗ |