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Chesapeake Utilities Corporation

$128.15Last updated
+$0.85 (0.67%)Past day
Timezone

Chesapeake Utilities Corporation (NYSE: CPK) is trading at $128.15, about ₹12,310 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.67% today. Indian residents can buy Chesapeake Utilities from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$128.17
Previous close:$127.30
Volume:145.72K

Today's low

$127.21

Today's high

$128.78

52 week low

$118.88

52 week high

$140.83

CPK opened at $128.17, closed previously at $127.30, and has traded between $118.88 and $140.83 over the past 52 weeks.

About

Chesapeake Utilities Corporation (CPK) operates as a diversified energy enterprise, delivering a range of energy solutions to its customers. The company's operations are distinctly divided into two primary segments: Regulated Energy and Unregulated Energy. The Regulated Energy division manages essential utility services, which include the distribution of natural gas across central and southern Delaware, Maryland's eastern shore, and various parts of Florida. This segment also handles the regulated transmission of natural gas throughout the Delmarva Peninsula and within Florida, in addition to providing regulated electricity distribution services in specific regions of northeast and northwest Florida. Conversely, the Unregulated Energy segment encompasses a broader array of activities. These include propane distribution across the Mid-Atlantic region, North Carolina, South Carolina, and Florida, along with unregulated natural gas transmission and supply services in central and eastern Ohio. This segment is also involved in generating electricity and steam, as well as offering specialized transportation and pipeline solutions for compressed natural gas (CNG), liquefied natural gas (LNG), and renewable natural gas (RNG), primarily serving utilities and other pipeline operators in the eastern U.S. Furthermore, it delivers additional non-regulated energy solutions, such as sales of energy-related merchandise, heating, ventilation, and air conditioning (HVAC) services, and plumbing and electrical repair services. Established in 1859, Chesapeake Utilities Corporation maintains its corporate headquarters in Dover, Delaware.

Country
US
CEO
Jeffry Householder
Exchange listed on
NYSE
Industry
Regulated Gas
Base currency
USD
Full Time Employees
1,300
Sector
Utilities
IPO date
17/03/1980

Key statistics

Avg. volume

186.84K

Market cap

$3.08B

P/E Ratio

20.34

Price-to-sales ratio

3.10

Enterprise value

$4.55B

Free cash flow yield

-7.36%

Debt-to-equity ratio

1.01

Return on equity

8.78%

ROIC

4.92%

Beta

0.68

Dividend yield

2.22%

Last dividend

$2.84

Financial overview

Revenue

$930.00M

Earnings per share

$6.00

Free cash flow

-$214.90M

Net profit margin

15.12%

Gross margin

49.89%

EBITDA

$373.40M

Revenue growth

18.14%

Similar securities

This is not an investment recommendation

How to buy Chesapeake Utilities from India

Indian residents can buy Chesapeake Utilities shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Chesapeake Utilities and place an order

    Find Chesapeake Utilities by name or by its ticker, CPK, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Chesapeake Utilities trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Chesapeake Utilities position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Chesapeake Utilities from India

Trading and taxes when buying Chesapeake Utilities from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Chesapeake Utilities’ current yield is 2.22%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Chesapeake Utilities stock?

Yes. Chesapeake Utilities (CPK) has been listed on the New York Stock Exchange since 1980, in the Regulated Gas industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Chesapeake Utilities share cost in rupees?

One Chesapeake Utilities share is $128.15 — about ₹12,310 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Chesapeake Utilities price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Chesapeake Utilities from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy Chesapeake Utilities with less than the price of one share?

Yes. A whole Chesapeake Utilities share is $128.15, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on Chesapeake Utilities shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Chesapeake Utilities price. Paasa issues a capital-gains statement for your return.

Does Chesapeake Utilities pay a dividend, and how is it taxed in India?

Yes. Chesapeake Utilities pays a dividend and the current yield is 2.22%; the last declared dividend was $2.84 per share, about ₹272.81. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Chesapeake Utilities from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Chesapeake Utilities shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Chesapeake Utilities shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Chesapeake Utilities holding, its cost and its closing value.

How do I sell Chesapeake Utilities and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.