“Cash Flows Provided by Financing Activities Net cash provided by financing activities totaled $49.9 million during the six months ended June 30, 2026 and was largely impacted by the following: • Net borrowings under the Revolver of $81.0 million; • Proceeds f…”10-Q · Aug 6, 2026 ↗
Chesapeake Utilities Corporation
CPK
Market read
Chesapeake Utilities Corporation's move is spreading beyond its market group.
The latest filing is mixed. 6 of 12 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Revenue increased 4.7% versus the comparable filing period.
- At least 8 of 12 durable members become active together.
- Capital-flow agreement rises above 55%.
- NFG remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 4 of 12 members or fewer.
Research brief
The story so far
The latest filing is mixed. 6 of 12 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 3 directly disclosed connections are confirming.
- Revenue increased 4.7% versus the comparable filing period.
No thresholded adverse filing evidence is available yet.
- At least 8 of 12 durable members become active together.
- Capital-flow agreement rises above 55%.
- NFG remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +18.1% year over year.
- Energy and commodity prices has repeated favorable evidence across 5 filings.
- Demand and volume has repeated favorable evidence across 4 filings.
- Operating margin changed -1.5 percentage points in the latest annual period.
- Diluted shares increased 4.2% in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 10, 2026
129.57Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“We normally generate a large portion of our annual net income and subsequent increases in our accounts receivable in the first and fourth quarters of each year due to significant volumes of natural gas, electricity, and propane delivered by our distribution o…”10-Q · Aug 6, 2026 ↗
“The decrease in gross margin was primarily attributable to lower volumes associated with our CNG, RNG and LNG transportation and hold services partially offset by improved margins from our propane distribution business.”10-Q · Aug 6, 2026 ↗
“The increase in adjusted gross margin in the first quarter of 2026 was primarily driven by incremental margin from regulatory initiatives and infrastructure programs, pipeline expansion projects and natural gas organic growth, increased customer consumption r…”10-Q · May 6, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:25 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CPK. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
The latest filing presents a mixed picture
10-Q filed 2026-08-06 against the comparable filing from 2025-08-07.
Capital and cash conversion
Reported investment and cash context
- Capital spending YoY
- +24.8%
- Capital spending / revenue
- +48.1%
- Free-cash-flow margin
- -9.6%
- FCF margin change
- +5.6 pts
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 4.7% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“The increase was partially offset by lower interest expense resulting from reduced average outstanding Revolver borrowings, scheduled debt repayments, and higher capitalized interest compared to the prior-year period.”
“Propane Operations • Propane margins and service fees - Adjusted gross margin increased by $1.8 million due primarily to increased margins which are impacted by market pricing, competition and the availability and price of alternative energy sources.”
“Propane Operations • Propane margins and service fees - Adjusted gross margin increased by $1.5 million due to increased margins which are impacted by market pricing, competition and the availability and price of alternative energy sources.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind CPK
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
CHCOCity Holding CompanypartnerAug 7, 2025 ▾
“43 Table of Contents Central Florida Reinforcement Projects (Plant City and Lake Mattie) In February 2024, Peninsula Pipeline filed a petition with the Florida PSC for approval of its Transportation Service Agreements with FPU for projects that will support a…”
PUKPrudential plclenderMay 6, 2026 ▾
“46 Table of Contents Shelf Agreements We have entered into Shelf Agreements with Prudential and MetLife with terms that extend through February 2026 and June 2030, respectively, however neither of such lenders have any obligation to purchase debt thereunder.”
METMetLife, Inc.lenderMay 6, 2026 ▾
“46 Table of Contents Shelf Agreements We have entered into Shelf Agreements with Prudential and MetLife with terms that extend through February 2026 and June 2030, respectively, however neither of such lenders have any obligation to purchase debt thereunder.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CPK is currently a Participant in the organic co-movement group Regulated Water Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.