Chesapeake utilities corporation reports record earnings for fiscal year 2022

Full year 2022 earnings per share ("eps")* of $5.04, an increase of $0.31 or 6.6 percent, compared to $4.73 for the prior year eps of $1.47 in the fourth quarter, an increase of $0.19 or 14.8 percent compared to $1.28 for the same period in the prior year average return on equity ("roe") in 2022 of 11.1 percent - marks 18th consecutive year with roe at or above 11 percent year-over-year growth driven by pipeline expansions, regulatory initiatives, natural gas organic growth, acquisition contributions, and higher earnings in the company's unregulated businesses received approval for the florida natural gas rate case with the final order expected to be issued in march 2023 long-term earnings and capital expenditures guidance have been updated, with newly announced capital expenditure guidance of $200 million to $230 million for 2023 dover, del. , feb. 22, 2023 /prnewswire/ -- chesapeake utilities corporation (nyse: cpk) ("chesapeake utilities" or the "company") today announced financial results for the year and the fourth quarter ended december 31, 2022.
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