Chesapeake Utilities Corporation Shares Highlights from 2025 Investor Day
DOVER, Del., April 7, 2025 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE:CPK) today announced that video recordings of the presentation and panel discussions from the Company's recent 2025 Investor Day are now available to view via web replay on its Investor Relations site: https://investorevent.chpk.com/recap/.
The 2025 Investor Day event held March 12-13 at the Kennedy Space Center in Cape Canaveral, Florida, brought together members of the Chesapeake Utilities leadership team and the financial community. In addition to a tour of the newly-commissioned Safety Town in DeBary, Florida, the two-day event included a welcome dinner at the Atlantis Shuttle Exhibit and a corporate presentation on strategy and growth, followed by panel discussions on capital deployment, regulatory initiatives, business transformation and financial strategy.
"We are grateful for the members of the financial community that were able to join us in person as we showcased our growth opportunities ahead and continue our mission to deliver energy that makes life better for the communities we serve," said Jeff Householder, chair of the board, president and CEO. "Our 2025 Investor Day event highlighted our consistent track record of earnings and investment, our 2025 – 2028 growth strategy and the depth and breadth of leaders from across the business."
This was Chesapeake Utilities' first Investor Day in seven years and was driven by increased interest and engagement with investors and the broader financial community following the acquisition of Florida City Gas (FCG) in late 2023. The event took place within FCG's service area and highlighted potential future growth opportunities, including growing interest from industries at the Cape and Port of Canaveral.
The Company also provided updates on projects that support the Company's 5-year capital expenditure guidance of $1.5 - $1.8 billion. This investment plan is driven by significant growth in our Florida and Delmarva service areas, enabling us to reaffirm our 2025 adjusted earnings per share (EPS) guidance of $6.15 - $6.35, which reflects a 14 – 18% increase over 2024 adjusted EPS.
"Our 2025 Investor Day came at a perfect time for us to celebrate our 2024 accomplishments, announce our inaugural credit rating and provide additional insight into our growth strategy," said Beth Cooper, executive vice president, chief financial officer, treasurer and assistant corporate secretary. "We enjoyed reconnecting with our financial partners in person and appreciate their continued support as we deliver on our promises, focus on the three pillars of our growth strategy and maintain our financial discipline to reach new heights in 2025 and beyond."
Investor Day web replay:
The Company's Investor Day presentation, a short video of Chesapeake Utilities' history and a replay of the corporate presentation and panels are available at https://investorevent.chpk.com/recap/.
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange (NYSE:CPK). Chesapeake Utilities Corporation offers sustainable energy solutions through its natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, mobile compressed natural gas utility services and solutions and other businesses. For more information, visit www.chpk.com.
Investor Contact
Lucia M. Dempsey
Head of Investor Relations
347.804.9067
[email protected]
Media Contact
Alex Nye
Director, Strategic Communications
727.754.0136
[email protected]
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SOURCE Chesapeake Utilities Corporation