Chesapeake Utilities Corporation (CPK) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Chesapeake Utilities Corporation's second quarter 2025 earnings conference call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press star 1 on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressing star 2. So others can hear your questions clearly. We ask that you pick up your handset for best sound quality. Lastly, if you should require operator assistance, please press star 0. I would now like to turn the call over to Lucy Ademsi, Head of Investor Relations. Thank you and good morning everyone. Today's presentation can be accessed on our website under the Investors page and Events and Presentations subsection. After our prepared remarks, we will open up the call for questions. On slide 2, we show our typical disclaimers, while I remind you that matters discussed on this conference call may include forward-looking statements that involve risks and uncertainties. Forward-looking statements and projections could differ materially from our actual results. The Safe Harbor for Forward-Looking Statements section of our 2024 annual report on Form 10-K and on our second quarter Form 10-Q provide further information on the factors that could cause such statements to differ from our actual results. Additionally, the company evaluates its performance based on certain non-GAP measures, including adjusted gross margin, adjusted net income, and adjusted earnings per share. And the information today includes the appropriate disclosures in accordance with the SEC's Regulation G. A reconciliation of these non-GAP measures to the related GAP measures ha...