Chesapeake Utilities Corporation — Third Quarter 2026 Earnings Summary

Chesapeake Utilities Corporation reported net income of $21.6 million and adjusted earnings per share of $0.89 for the third quarter of 2026, with year-to-date adjusted EPS growing 8.4 percent. The company announced a joint venture with NextEra Energy Resources to finance and own 49 percent of the $1.2 billion Florida Energy Pathway natural gas transmission project. During the quarter, Chesapeake invested $151.2 million in capital, bringing the year-to-date total to $412.8 million while maintaining its full-year capital expenditure guidance between $550 million and $600 million. Additionally, an interim rate increase of $16.2 million annually for Florida City Gas became effective in July 2026, and the company established a new at-the-market equity offering program to support future growth initiatives.