Chesapeake Utilities Corporation (N:CPK)

Business Focus: Natural Gas Distribution

Apr 07, 2020 09:47 am ET
Chesapeake Utilities Corporation to Participate In SunTrust Robinson Humphrey Midstream Summit
DOVER, Del., April 7, 2020 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that Beth Cooper, Executive Vice President, Chief Financial Officer and Assistant Corporate Secretary and Tom Mahn, Vice President and Treasurer, will be participating in a virtual conference sponsored by SunTrust Robinson Humphrey on April 7, 2020. Ms. Cooper and Mr. Mahn will provide one-on-one virtual presentations to separate investors. ...
Apr 02, 2020 11:20 am ET
Chesapeake Utilities Corporation Donating $200,000 to Support Communities During Coronavirus Response
DOVER, Del., April 2, 2020 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the Company will donate $200,000 to support response and relief organizations assisting communities affected by the COVID-19 pandemic. The Company also announced a special one-time grant from its SHARING program for customers economically impacted by the spread of the coronavirus. The SHARING program is a nonprofit organization assisting natural gas and propane gas customers living on the Delmarva Peninsula who need financial assistance to pay their gas and propane bills....
Mar 18, 2020 12:47 pm ET
Chesapeake Utilities Corporation to Participate In West Coast Utilities Virtual Conference Sponsored By Siebert Williams Shank & Co.
DOVER, Del., March 18, 2020 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that Beth Cooper, Executive Vice President, Chief Financial Officer and Assistant Corporate Secretary and Tom Mahn, Vice President and Treasurer, will be participating in a virtual conference sponsored by Siebert Williams Shank  & Co. which is taking place on March 18th and 19th. Ms. Cooper and Mr. Mahn will be presenting on March 18th to interested investors with approximately 15 other utility companies slated to present over the two-day period. ...
Mar 16, 2020 05:10 pm ET
Chesapeake Utilities Corporation Takes Actions to Protect Community During Coronavirus Pandemic
DOVER, Del., March 16, 2020 /PRNewswire/ -- In light of the national emergency declaration over the COVID-19 pandemic, Chesapeake Utilities Corporation (NYSE: CPK) today announced the Company has taken several preventative measures to help keep employees, customers and communities safe. The Company's Pandemic Response Plan follows the guidance and recommendations of federal, state and local governments, health authorities and relevant industry agencies. Based on recent developments, all walk-in customer access to any of Chesapeake's natural gas, propane or electric office locations has been ...
Nov 12, 2019 08:15 am ET
Lila A. Jaber Appointed to Chesapeake Utilities Corporation Board of Directors
DOVER, Del., Nov. 12, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) today announced that as part of its Board's ongoing succession planning, Lila A. Jaber, regional managing shareholder who leads the regulatory and legislative government affairs practice in Florida for Gunster Yoakley & Stewart, P.A., was appointed to serve as a member of the Board of Directors of Chesapeake Utilities effective January 1, 2020. Ms. Jaber served two terms as both Commissioner and Chair of the Florida Public Service Commission overseeing the state's implementation...
Nov 12, 2019 07:00 am ET
Chesapeake Utilities Corporation Appoints Shane Breakie to Vice President
DOVER, Del., Nov. 12, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK), announced today that Shane E. Breakie has been promoted from Assistant Vice President to Vice President of Chesapeake Utilities.  Mr. Breakie is responsible for overseeing the day-to-day activities of the Company's Delmarva Natural Gas (DNG) and Sandpiper Energy gas distribution systems on the Delmarva Peninsula.  ...
Nov 07, 2019 05:30 am ET
Chesapeake Utilities Corporation Reports Third Quarter 2019 Results
DOVER, Del., Nov. 7, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced third quarter financial results. The Company's net income for the quarter ended September 30, 2019 was $5.6 million, compared to $5.5 million for the same quarter of 2018. Consolidated earnings per share ("EPS") for both quarters ended September 30, 2019 and 2018 was $0.34 per share. Net income for the nine months ended September 30, 2019 was $42.6 million, or $2.59 per share, compared to $38.8 million, or $2.36 per share, for the same period in 201...
Nov 06, 2019 12:24 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Nov. 6, 2019 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.405 per share on the Company's common stock. The $0.405 per share dividend will be paid on January 6, 2020 to all shareholders of record at the close of business on December 16, 2019....
Oct 28, 2019 10:11 am ET
Gas South Acquires Natural Gas Marketing Operations In Florida From Peninsula Energy Services Company, Inc.
ATLANTA, Oct. 28, 2019 /PRNewswire/ -- Gas South, one of the Southeast's leading natural gas providers, will purchase the Florida assets of Peninsula Energy Services Company (PESCO). PESCO is a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), a diversified energy company. ...
Oct 22, 2019 09:00 am ET
Gas South Acquires Natural Gas Marketing Operations In Florida From Peninsula Energy Services Company, Inc.
ATLANTA, Oct. 22, 2019 /PRNewswire/ -- Gas South, one of the Southeast's leading natural gas providers, will purchase the Florida assets of Peninsula Energy Services Company (PESCO). PESCO is a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), a diversified energy company. ...
Oct 11, 2019 04:17 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Third Quarter 2019 Financial Results
DOVER, Del., Oct. 11, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 8, 2019, at 10:30 a.m. ET to discuss the Company's financial results for the third quarter ended September 30, 2019. The earnings press release will be issued on Thursday, November 7, 2019, before market hours....
Oct 09, 2019 08:00 am ET
Chesapeake Utilities Corporation to Exit the Natural Gas Marketing Business; Selling Peninsula Energy Services Company, Inc. Assets
DOVER, Del., Oct. 9, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (Chesapeake Utilities) (NYSE: CPK) today announced that it is exiting the natural gas marketing business through the sale of the majority of the assets of Peninsula Energy Services Company, Inc. (PESCO), the Company's natural gas marketing subsidiary. To date, the Company has executed three separate transactions to sell PESCO's assets and contracts: ...
Aug 26, 2019 10:30 am ET
Chesapeake Utilities Corporation Named Top Workplace for Eighth Consecutive Year
DOVER, Del., Aug. 26, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that the Company has been recognized as a Top Workplace by Energage, a research firm that specializes in organizational health and workplace engagement.  Chesapeake was named a top place to work in Delaware for the eighth consecutive year, and in central Florida, Chesapeake's subsidiary, Florida Public Utilities Company, also earned Top Workplace recognition.  These honors are based entirely on feedback from employees who were surveyed by Energage, a research firm that specializes in organ...
Aug 08, 2019 06:30 am ET
Chesapeake Utilities Corporation Reports Second Quarter 2019 Results
DOVER, Del., Aug. 8, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced second quarter financial results. The Company's net income for the quarter ended June 30, 2019 was $8.3 million, compared to $6.4 million for the same quarter of 2018. Earnings per share ("EPS") for the quarter ended June 30, 2019 were $0.50, compared to $0.39 per share for the same quarter of 2018.  Higher earnings for the second quarter primarily reflect contributions from recently completed and ongoing pipeline expansion projects, organic growth ...
Aug 07, 2019 04:21 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Aug. 7, 2019 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.405 per share on the Company's common stock. The $0.405 per share dividend will be paid on October 7, 2019 to all shareholders of record at the close of business on September 13, 2019....
Jul 12, 2019 03:49 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Second Quarter 2019 Financial Results
DOVER, Del., July 12, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 9, 2019, at 10:30 a.m. ET to discuss the Company's financial results for the second quarter ended June 30, 2019.  The earnings press release will be issued on Thursday, August 8, 2019, before market hours....
Jul 01, 2019 03:00 pm ET
Chesapeake Utilities Corporation Board Member Calvert A. Morgan, Jr. to be Inducted into Delaware Business Leaders Hall of Fame
DOVER, Del., July 1, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that Calvert A. Morgan, Jr., a member of the Company's Board of Directors since 2000, has been named a 2019 Delaware Business Leaders Hall of Fame inductee by the Junior Achievement of Delaware Leadership Council. Mr. Morgan serves as Chairman of the Company's Corporate Governance Committee and as a member of its Compensation Committee and Investment Committee.  Mr. Morgan will be formally inducted at a ceremony on October 2 at the Wilmington Country Club....
May 22, 2019 04:30 pm ET
Chesapeake Utilities Corporation and TECO Peoples Gas Partner on Callahan Pipeline in Northeast Florida
DOVER, Del., May 22, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that its Florida subsidiary, Peninsula Pipeline Company, Inc., has entered into an agreement with SeaCoast Gas Transmission, an affiliate of Tampa-based TECO Peoples Gas (PGS) to jointly develop the Callahan Intrastate Pipeline, bringing additional natural gas capacity to Nassau and Duval Counties. The new supply source will enable both Florida Public Utilities Company (FPU), another Chesapeake Utilities subsidiary, and PGS to expand natural gas distribution service in this growing area of ...
May 19, 2019 06:30 am ET
Chesapeake Utilities Corporation To Host Live Webcast At 2019 AGA Financial Forum
DOVER, Del., May 19, 2019 /PRNewswire/ -- The Company announced today that Jeffry M. Householder, President & CEO,  Beth W. Cooper, Executive Vice President & CFO, and James F. Moriarty, Executive Vice President, General Counsel, Corporate Secretary and Chief Policy & Risk Officer of Chesapeake Utilities Corporation (NYSE: CPK) will be hosting a live webcast at 1:00 pm EST (Eastern Standard Time) on Tuesday, May 21st at the 2019 AGA Financial Forum taking place in Fort Lauderdale, Florida. Webcast participants and members of the live audience will learn about the projects the Com...
May 17, 2019 10:30 am ET
Chesapeake Utilities Corporation President and CEO Jeff Householder to Ring Opening Bell at the New York Stock Exchange
DOVER, Del., May 17, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) President and CEO Jeff Householder will ring The Opening Bell on Monday, May 20, 2019 at the New York Stock Exchange. Mr. Householder, who was appointed President and CEO by the Board of Directors on January 1, will be joined by several employees and members of the Company's leadership team who will participate in the ceremonial ringing which signals the opening of the day's trading. ...
May 16, 2019 04:50 pm ET
Chesapeake Utilities Corporation Appoints Stacie Roberts to Assistant Vice President of Corporate Governance
DOVER, Del., May 16, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today the appointment of Stacie Roberts to Assistant Vice President of Corporate Governance. Ms. Roberts will continue to report to Jim Moriarty, Executive Vice President, General Counsel, Corporate Secretary and Chief Policy and Risk Officer of Chesapeake Utilities Corporation. ...
May 08, 2019 06:30 am ET
Chesapeake Utilities Corporation Reports First Quarter 2019 Results
DOVER, Del., May 8, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced first quarter financial results. The Company's net income for the quarter ended March 31, 2019 was $28.7 million, compared to $26.9 million for the same quarter of 2018. Earnings per share ("EPS") for the quarter ended March 31, 2019 were $1.74, compared to $1.64 per share for the same quarter of 2018....
May 06, 2019 04:30 pm ET
Eastern Shore Natural Gas Company Receives Positive Environmental Assessment from FERC for Del-Mar Energy Pathway Project
DOVER, Del., May 6, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that the Federal Energy Regulatory Commission (FERC) has issued a positive environmental assessment of the Company's Del-Mar Energy Pathway Project (Project) (Docket No. CP18-548-000). The Project, which was applied for in September of 2018 by Eastern Shore Natural Gas Company (ESNG), Chesapeake Utilities' interstate natural gas transmission subsidiary, proposes the construction and operation of new natural gas pipeline and meter and delivery (M&R) stations in Kent and Sussex counties in...
Apr 17, 2019 04:06 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review First Quarter 2019 Financial Results
DOVER, Del., April 17, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 10, 2019, at 10:30 a.m. ET to discuss the Company's financial results for the first quarter ended March 31, 2019.  The earnings press release will be issued on Wednesday, May 8, 2019, before market hours....
Mar 07, 2019 07:15 am ET
Report: Exploring Fundamental Drivers Behind ArcelorMittal, Cohen & Steers, Myriad Genetics, Lexington Realty Trust, NorthWestern, and Chesapeake Utilities — New Horizons, Emerging Trends, and Upcomin
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ArcelorMittal (NYSE:MT), Cohen & Steers Inc (NYSE:CNS), Myriad Genetics,...
Mar 05, 2019 03:30 pm ET
Chesapeake Utilities Corporation Announces Executive Appointments
DOVER, Del., March 5, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK), announced today several recent promotions and new officer appointments.  ...
Feb 26, 2019 04:00 pm ET
Chesapeake Utilities Corporation Reports Fourth Quarter And Fiscal Year 2018 Results
DOVER, Del., Feb. 26, 2019 /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, 2018....
Feb 26, 2019 11:45 am ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Feb. 26, 2019 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.37 per share on the Company's common stock. The $0.37 per share dividend will be paid on April 5, 2019 to all shareholders of record at the close of business on March 15, 2019....
Feb 01, 2019 03:04 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Fourth Quarter And Annual 2018 Financial Results
DOVER, Del., Feb. 1, 2019 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, March 1, 2019, at 10:30 a.m. ET to discuss the Company's financial results for the fourth quarter and year ended December 31, 2018.  The earnings press release will be issued on Tuesday, February 26, 2019, after the market closes....
Dec 20, 2018 07:54 am ET
Chesapeake Utilities Corporation Announces the Appointment of Jeffry M. Householder as President, Chief Executive Officer and Director
DOVER, Del., Dec. 20, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that its Board of Directors has appointed Jeffry M. Householder, currently President of the Company's Florida business unit, President and Chief Executive Officer ("CEO"), effective January 1, 2019. Concurrent with this promotion, the Company announced Mr. Householder's appointment to the Board of Directors, also effective January 1, 2019. Mr. Householder succeeds Chesapeake's current President and CEO, Michael P. McMasters, who will continue as a member of the Board of Directors.  Mr. McM...
Dec 19, 2018 03:15 pm ET
Chesapeake Utilities Corporation Acquires Marlin CNG Services
DOVER, Del., Dec. 19, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK), announced today its acquisition of Marlin CNG Services (Marlin), a premier North American supplier of mobile compressed natural gas (CNG) utility and pipeline solutions.  ...
Dec 18, 2018 05:30 am ET
Chesapeake Utilities Corporation Subsidiary Acquires Propane Operating Assets in Pennsylvania
DOVER, Del., Dec. 18, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that its propane subsidiary, Sharp Energy, Inc., has purchased the propane operating assets of R.F. Ohl Fuel Oil Inc. based in Lehighton, Pennsylvania.  ...
Dec 06, 2018 07:30 am ET
Analysis: Positioning to Benefit within Paratek Pharmaceuticals, Chesapeake Utilities, Eros International, Sunoco LP, Delek Logistics Partners, and Johnson Controls International plc — Research Highli
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Paratek Pharmaceuticals, Inc. (NASDAQ:PRTK), Chesapeake Utilities...
Nov 08, 2018 04:06 pm ET
Chesapeake Utilities Corporation Reports Third Quarter 2018 Results
DOVER, Del., Nov. 8, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced third quarter financial results. The Company's net income for the quarter ended September 30, 2018 was $5.5 million, compared to $6.8 million for the same quarter of 2017. Earnings per share ("EPS") for the quarter ended September 30, 2018 were $0.34, compared to $0.42 per share for the same quarter of 2017 although year-to-date performance remains strong (as discussed below). During the third quarter, continued growth in the natural gas transmissio...
Nov 08, 2018 02:12 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Nov. 8, 2018 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.37 per share on the Company's common stock. The $0.37 per share dividend will be paid on January 7, 2019 to all shareholders of record at the close of business on December 14, 2018....
Nov 07, 2018 06:40 pm ET
Florida Public Utilities Company Restores Power to Customers Impacted by Hurricane Michael
DOVER, Del., Nov. 7, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that its Florida Public Utilities Company (FPU) subsidiary has restored electric service to all customers who are able to accept power following Hurricane Michael. The powerful storm was the first Category 4 hurricane on record to make landfall in the Florida Panhandle, bringing 155 mile-per-hour winds and inflicting heavy damage throughout northwest Florida. Hurricane Michael adversely impacted FPU's entire electric system in northwest Florida and knocked out power to approximately 13,000 ...
Oct 26, 2018 08:55 am ET
Market Trends Toward New Normal in Chesapeake Utilities, Schlumberger, American Eagle Outfitters, Spark Energy, Maximus, and Novartis AG — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Chesapeake Utilities Corporation (NYSE:CPK), Schlumberger Limited...
Oct 22, 2018 04:58 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Third Quarter 2018 Financial Results
DOVER, Del., Oct. 22, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Monday, November 12, 2018, at 10:30 a.m. ET to discuss the Company's financial results for the third quarter ended September 30, 2018.  The earnings press release will be issued on Thursday, November 8, 2018, after the market closes....
Sep 28, 2018 08:30 am ET
Investor Expectations to Drive Momentum within Gerdau S.A., Chesapeake Utilities, Ford Motor, Twenty-First Century Fox, Reliance Steel & Aluminum, and Sears — Discovering Underlying Factors of Influen
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Gerdau S.A. (NYSE:GGB), Chesapeake Utilities Corporation (NYSE:CPK), Ford...
Sep 13, 2018 04:50 pm ET
Chesapeake Utilities Corporation Subsidiaries Earn Three 2017 National Safety Awards
DOVER, Del., Sept. 13, 2018  /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that two of its subsidiaries, Eastern Shore Natural Gas Company (ESNG) and Aspire Energy, have earned Safety Achievement Awards from the American Gas Association (AGA). ESNG and Aspire Energy were both recognized for Employee Safety based on criteria that included professional and personal commitment and dedication to improving the operations and engineering sectors of the natural gas industry through safety, accident prevention and research. Aspire Energy was also recognized for excelle...
Sep 12, 2018 05:03 pm ET
Chesapeake Utilities Corporation Named Best For Corporate Governance Among North American Utilities
DOVER, Del., Sept. 12, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it is the recipient of Ethical Boardroom Magazine's 2018 award for Best Corporate Governance in the Utilities Sector in North America.  The prestigious award recognizes outstanding leadership worldwide for companies that have raised the bar to ensure that strong corporate governance contributes daily to enhancing long-term value for all stakeholders. ...
Sep 11, 2018 02:16 pm ET
Chesapeake Utilities Corporation to Host Investor Days On Delmarva
DOVER, Del., Sept. 11, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it will host Investor Days on Delmarva from September 18 – 20, 2018. Attendees will tour local facilities of Chesapeake Utilities and Sharp Energy in southern Delaware and Maryland, including a visit to the Company's new Energy Lane Campus in Dover, Delaware. ...
Sep 10, 2018 08:30 am ET
Michael P. McMasters to Retire as President and Chief Executive Officer of Chesapeake Utilities Corporation
DOVER, Del., Sept. 10, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that President and Chief Executive Officer, Michael P. McMasters, has advised the Board of Directors of his intention to retire in early 2019.  Mr. McMasters will remain fully engaged in leading the organization as CEO until his retirement.  He will continue as a member of the Board of Directors and will serve in an advisory capacity to ensure a smooth transition....
Aug 09, 2018 06:30 am ET
Chesapeake Utilities Corporation Reports Second Quarter 2018 Results
DOVER, Del., Aug. 9, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced second quarter financial results. The Company's net income for the quarter ended June 30, 2018 was $6.4 million, compared to $6.0 million for the same quarter of 2017. Earnings per share ("EPS") for the quarter ended June 30, 2018 were $0.39, compared to $0.37 per share for the same quarter of 2017. For the six months ended June 30, 2018, the Company reported net income of $33.2 million, or $2.03 per share. This represents an increase of $8.1 millio...
Aug 08, 2018 02:44 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Aug. 8, 2018 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.37 per share on the Company's common stock. The $0.37 per share dividend will be paid on October 5, 2018 to all shareholders of record at the close of business on September 14, 2018....
Jul 24, 2018 03:07 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Second Quarter 2018 Financial Results
DOVER, Del., July 24, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 10, 2018, at 10:30 a.m. ET to discuss the Company's financial results for the second quarter ended June 30, 2018.  The earnings press release will be issued on Thursday, August 9, 2018, before the market opens....
Jun 25, 2018 07:40 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Chevron, DXP Enterprises, The Michaels Companies, NII, American Eagle Outfitters, and Chesapeake Utilities — New Research Emphasizes
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Chevron Corporation (NYSE:CVX), DXP Enterprises, Inc. (NASDAQ:DXPE), The...
May 17, 2018 10:56 pm ET
Chesapeake Utilities Corporation To Host Live Webcast At 2018 AGA Financial Forum
DOVER, Del., May 17, 2018 /PRNewswire/ -- The Company announced today that Michael P. McMasters, President and CEO, and Beth W. Cooper, Senior Vice President and CFO of Chesapeake Utilities Corporation (NYSE: CPK) will be hosting a live webcast at 2:15 pm MST (Mountain Standard Time) on Sunday, May 20th at the 2018 AGA Financial Forum taking place in Phoenix, Arizona. Webcast participants and members of the live audience will learn about the projects the Company currently has underway and other strategic initiatives which position the Company for future growth....
May 09, 2018 06:39 pm ET
Chesapeake Utilities Corporation Raises Dividend By 13.8 Percent
DOVER, Del., May 9, 2018 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Company's common stock from $0.325 per share to $0.370 per share. The Board's action raises the 2018 annualized dividend $0.18 per share from $1.30 to $1.48 per share, which represents a 13.8 percent increase.  The $0.370 per share dividend will be payable July 5, 2018 to all shareholders of record at the close of business on June 15, 2018....
May 08, 2018 06:20 pm ET
Chesapeake Utilities Corporation Reports First Quarter 2018 Results
DOVER, Del., May 8, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced first quarter financial results. The Company's net income for the quarter ended March 31, 2018 was $26.9 million, compared to $19.1 million for the same quarter of 2017. Earnings per share ("EPS") for the quarter ended March 31, 2018 were $1.64 per share, compared to $1.17 per share for the same quarter of 2017. The higher net income and EPS reflected robust performance and results largely throughout the Company's businesses. ...
May 04, 2018 08:25 am ET
Analysis: Positioning to Benefit within Kelly Services, Chesapeake Utilities, HubSpot, Brown Forman, Infinity Property and Casualty, and Kronos Worldwide — Research Highlights Growth, Revenue, and Con
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Kelly Services, Inc. (NASDAQ:KELYA), Chesapeake Utilities Corporation...
Apr 17, 2018 04:22 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review First Quarter 2018 Financial Results
DOVER, Del., April 17, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 11, 2018, at 10:30 a.m. ET to discuss the Company's financial results for the first quarter ended March 31, 2018.  The earnings press release will be issued on Wednesday, May 9, 2018, before the market opens....
Mar 22, 2018 08:00 am ET
Consolidated Research: 2018 Summary Expectations for REGENXBIO, WD-40, Chesapeake Utilities, Astronics, Park-Ohio, and Cass Information — Fundamental Analysis, Key Performance Indications
NEW YORK, March 22, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of REGENXBIO Inc. (NASDAQ:RGNX), WD-40 Company (NASDAQ:WDFC),...
Mar 01, 2018 08:49 pm ET
Chesapeake Utilities Corporation Corrects Single Business Unit Customer Count Included In Earnings Release To The Correct Numbers Included In The Annual Report On Form 10-K
DOVER, Del., March 1, 2018 /PRNewswire/ -- On February 28, 2018, Chesapeake Utilities Corporation (NYSE: CPK) issued a press release announcing its annual and quarterly results for the period ended December 31, 2017.  The press release reflected incorrect numbers for Florida Public Utilities ("FPU") average electric commercial and total customers for the quarter and year ended December 31, 2017 as presented in the Distribution Utility Statistical Data.  ...
Feb 28, 2018 05:25 pm ET
Chesapeake Utilities Corporation Reports Fourth Quarter And Fiscal Year 2017 Results
DOVER, Del., Feb. 28, 2018 /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, 2017. The Company's net income for the year was $58.1 million, or $3.55 per share, an increase of $13.4 million, or $0.69 per share, compared to 2016.  The higher net income and earnings per share ("EPS") reflected continued customer growth in the Company's natural gas and propane distribution operations and expansion of its gas transmission operations, full year contributions...
Feb 27, 2018 01:34 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Feb. 27, 2018 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.325 per share on the Company's common stock. The $0.325 per share dividend will be paid on April 5, 2018 to all shareholders of record at the close of business on March 15, 2018....
Feb 08, 2018 03:48 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Fourth Quarter And Annual 2017 Financial Results
DOVER, Del., Feb. 8, 2018 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, March 2, 2018, at 10:30 a.m. ET to discuss the Company's financial results for the fourth quarter and year ended December 31, 2017.  The earnings press release will be issued on Wednesday, February 28, 2018, after the market closes....
Jan 22, 2018 08:00 am ET
Research Report Identifies Veeva, TD Ameritrade Holding, Quest Diagnostics, Chesapeake Utilities, Standard Motor Products, and Quaker Chemical with Renewed Outlook — Fundamental Analysis, Calculating
NEW YORK, Jan. 22, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Veeva Systems Inc. (NYSE:VEEV), TD Ameritrade...
Dec 13, 2017 04:00 pm ET
Eastern Shore Natural Gas Company Files Uncontested Rate Case Settlement Agreement
DOVER, Del., Dec. 13, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that Eastern Shore Natural Gas Company (ESNG), its interstate natural gas transmission subsidiary, filed with the Federal Energy Regulatory Commission (Commission) an uncontested settlement agreement associated with its current rate case proceeding. ...
Nov 17, 2017 12:07 pm ET
Chesapeake Utilities Corporation Honored With 2017 Governance Team of the Year Award
DOVER, Del., Nov. 17, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that its Corporate Governance team was recognized as Governance Team of the Year for small to mid-cap sized companies. The team took top honors at Corporate Secretary magazine's tenth annual Corporate Governance Awards ceremony in New York City on November 9. This prestigious award celebrates the best overall corporate governance team among small to mid-cap companies throughout the country.  ...
Nov 09, 2017 06:30 am ET
Chesapeake Utilities Corporation Reports Third Quarter Results
DOVER, Del., Nov. 9, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported third quarter financial results. The Company's net income for the quarter ended September 30, 2017 was $6.8 million, compared to $4.4 million for the same quarter of 2016. Earnings per share ("EPS") for the quarter ended September 30, 2017 were $0.42 per share, compared to $0.29 per share for the same quarter of 2016. The increase in net income reflected margin growth across business units for both the Regulated Energy and Unregulated Energy...
Nov 08, 2017 03:21 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Nov. 8, 2017 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.325 per share on the Company's common stock. The $0.325 per share dividend will be paid on January 5, 2018 to all shareholders of record at the close of business on December 15, 2017....
Nov 01, 2017 10:06 am ET
Dr. Ronald G. Forsythe Jr., Chesapeake Utilities Corporation Board Member, Among Savoy Magazine's 2017 Most Influential Black Corporate Directors
DOVER, Del., Nov. 1, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced that Dr. Ronald G. Forsythe Jr., a member of the Board of Directors since 2014, has been named one of the 2017 Most Influential Black Corporate Directors by Savoy Magazine. A national business publication reporting on African-American success and achievement, Savoy Magazine issues an annual listing of prominent executives, influencers and achievers contributing leadership to corporate boards....
Oct 19, 2017 04:36 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Third Quarter 2017 Financial Results
DOVER, Del., Oct. 19, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 10, 2017, at 10:30 a.m. ET to discuss the Company's financial results for the third quarter ended September 30, 2017. The earnings press release will be issued on Thursday, November 9, 2017, before the market opens....
Aug 08, 2017 07:11 pm ET
Peninsula Energy Services Company, A Subsidiary Of Chesapeake Utilities Corporation, Expands Its Retail Market Area Into Western Pennsylvania
DOVER, Del., Aug. 8, 2017 /PRNewswire/ -- On August 1, 2017, Peninsula Energy Services Company (PESCO), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK) acquired certain commercial and industrial marketing assets -- specifically located in Western Pennsylvania -- from ARM Energy Management, LLC (AEM), a subsidiary of ARM Energy. PESCO is Chesapeake Utilities' non-regulated energy marketing business that provides energy services to commercial and industrial customers in the Southeast, Mid-Atlantic and Mid-West regions.  ...
Aug 03, 2017 06:00 pm ET
Chesapeake Utilities Corporation Subsidiary Acquires the Assets of ARM Energy Management
DOVER, Del., Aug. 3, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that its wholly-owned subsidiary, Peninsula Energy Services Company (PESCO), has acquired the assets of ARM Energy Management (AEM), a natural gas marketing company servicing commercial and industrial customers in Western Pennsylvania. PESCO is the Company's non-regulated energy marketing business that has been providing energy services to commercial and industrial customers in the Southeast, Mid-Atlantic and Mid-West regions.  ...
Aug 03, 2017 07:30 am ET
Chesapeake Utilities Corporation Reports Second Quarter Results
DOVER, Del., Aug. 3, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported second quarter financial results. The Company's net income for the quarter ended June 30, 2017 was $6.0 million, compared to $8.0 million in the same quarter of 2016. Earnings per share ("EPS") for the quarter ended June 30, 2017 were $0.37 per share, compared to $0.52 for the same quarter of 2016. The decline in net income reflected expenses incurred and investments to generate and support growth as well as the impact of weather on the Delmarva Peni...
Aug 02, 2017 04:31 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Aug. 2, 2017 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.325 per share on the Company's common stock. The $0.325 per share dividend will be paid on October 5, 2017 to all shareholders of record at the close of business on September 15, 2017....
Jul 26, 2017 04:39 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review Second Quarter 2017 Financial Results
DOVER, Del., July 26, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 4, 2017, at 10:30 a.m. ET to discuss the Company's financial results for the second quarter ended June 30, 2017.  The earnings press release will be issued on Thursday, August 3, 2017, before the market opens....
Jul 10, 2017 05:20 pm ET
Eight Flags Energy CHP Plant Honored With 2017 Southeastern Electric Exchange Industry Excellence Award
DOVER, Del., July 10, 2017 /PRNewswire/ -- The Southeastern Electric Exchange, Inc. (SEE) has recognized the Eight Flags Energy Combined Heat and Power (CHP) Plant as a 2017 Industry Excellence Award winner in the Production category. The CHP plant is a first-of-its-kind for Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) and its subsidiary, Florida Public Utilities Company (FPU). The award was announced during the SEE Annual Conference and Trade Show in Baltimore, Maryland in June.  The SEE Industry Excellence Awards recognize utility companies for projects that demonstr...
Jun 29, 2017 09:15 am ET
Chesapeake Utilities Corporation Announces Executive Appointments
DOVER, Del., June 29, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today five executive appointments for team members of the corporate office  as well as for the Company's  Chesapeake Utilities, Peninsula Energy Services Company (PESCO) and Sharp Energy business units. ...
Jun 14, 2017 05:30 pm ET
Chesapeake Utilities Corporation Earns National Safety Award
DOVER, Del., June 14, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that its subsidiary, Florida Public Utilities Company (FPU), has earned a Safety Achievement Award from the American Gas Association (AGA) for excellence in employee safety. The selection was based on criteria that included professional and personal commitment and dedication to improving the operations and engineering sectors of the natural gas industry through safety, accident prevention and research.  The awards for 2016 were presented at the AGA's Operations Confe...
May 17, 2017 12:16 pm ET
Chesapeake Utilities Corporation to Host Live Webcast at 2017 AGA Financial Forum
DOVER, Del., May 17, 2017 /PRNewswire/ -- The Company announced today that Michael P. McMasters, President and CEO, and Beth W. Cooper, Senior Vice President and CFO of Chesapeake Utilities Corporation (NYSE: CPK) will be hosting a live webcast at 2:15 pm on Sunday, May 21st at the 2017 AGA Financial Forum taking place in Orlando, Florida. Webcast participants and members of the live audience will learn about the projects the Company currently has underway and other strategic initiatives which position the Company for future growth....
May 04, 2017 07:30 am ET
Chesapeake Utilities Corporation To Expand Natural Gas Service Territory In Florida
DOVER, Del., May 4, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that the Company has entered into an agreement with Pensacola Energy to transport natural gas to the City of Pensacola and other industrial users in the surrounding area in Escambia County.  This project will increase Chesapeake Utilities' footprint in Northwest Florida while complementing its natural gas, propane and electric services throughout the state. The expansion in the Company's Florida service territory means residents and businesses of the City of Pensacola ...
May 03, 2017 05:45 pm ET
Chesapeake Utilities Corporation Raises Dividend By 6.6 Percent
DOVER, Del., May 3, 2017 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Company's common stock from $0.305 per share to $0.325 per share. The Board's action raises the annualized dividend $0.08 per share from $1.22 per share to $1.30 per share, which represents a 6.6 percent increase.  The $0.325 per share dividend will be payable July 5, 2017 to all shareholders of record at the close of business on June 15, 2017....
May 03, 2017 07:30 am ET
Chesapeake Utilities Corporation Reports First Quarter Results
DOVER, Del., May 3, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported first quarter financial results. The Company's net income for the quarter ended March 31, 2017 was $19.1 million, compared to $20.4 million in the same quarter of 2016. Earnings per share for the quarter ended March 31, 2017 were $1.17 per share, compared to $1.33 for the same quarter of 2016.   ...
Apr 26, 2017 11:55 am ET
Baltimore Fleet Vehicles Can Save Money, Reduce Emissions With Sharp Energy's New AutoGas Fueling Station Located Near BWI Airport
DOVER, Del., April 26, 2017 /PRNewswire/ -- Sharp Energy, Inc., the largest propane retailer on the Delmarva Peninsula and a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities), announced today that it has constructed and placed into service an AutoGas propane fueling station for fleet vehicles located near the Baltimore/Washington International (BWI) Airport. Airport shuttles, school bus companies, and commercial fleets can use this new fueling station to power their fleets with propane, a preferred alternative fuel option that reduces emissions and yields savi...
Apr 12, 2017 12:49 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review First Quarter 2017 Financial Results
DOVER, Del., April 12, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 5, 2017, at 10:30 a.m. ET to discuss the Company's financial results for the first quarter ended March 31, 2017.  The earnings press release will be issued on Wednesday, May 3, 2017, before the market opens....
Mar 14, 2017 12:29 pm ET
Chesapeake Utilities Corporation Promotes James F. Moriarty To Senior Vice President
DOVER, Del., March 14, 2017 /PRNewswire/ -- Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced that the Company's Board of Directors recently promoted James F. Moriarty from the position of Vice President to Senior Vice President of Chesapeake Utilities Corporation and its subsidiaries.  ...
Mar 10, 2017 04:55 pm ET
Chesapeake Utilities Corporation To Participate In The Seaport Global Transports & Industrials Conference
DOVER, Del., March 10, 2017 /PRNewswire/ -- The Company announced today that members of its Senior Management team will be participating in the Seaport Global Transports & Industrials Conference in Coral Gables, Florida, on March 22 – 23, 2017.   At the conference, potential investors will have the opportunity to meet one-on-one with Company representatives to learn more about the Company's recent financial results and strategic growth initiatives....
Feb 27, 2017 10:08 pm ET
Chesapeake Utilities' Strong 2016 Performance Marks Tenth Straight Year Of Record Earnings
DOVER, Del., Feb. 27, 2017 /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, 2016. The Company's net income for the year ended December 31, 2016 was $44.7 million, or $2.86 per share, an increase of $3.5 million, or $0.14 per share, compared to 2015. The growth in net income and earnings per share in 2016 occurred despite the negative impact of warmer temperatures in 2016, primarily during the first quarter, and trading losses from Xeron. The higher ea...
Feb 24, 2017 12:21 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Feb. 24, 2017 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.305 per share on the Company's common stock. The $0.305 per share dividend will be paid on April 5, 2017 to all shareholders of record at the close of business on March 15, 2017....
Feb 23, 2017 04:45 pm ET
Chesapeake Utilities Corporation Initiates Natural Gas Service in Ocean City, Maryland
DOVER, Del., Feb. 23, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities") announced today that Sandpiper Energy ("Sandpiper" or "the Company"), a wholly-owned subsidiary, is now delivering natural gas to the Town of Ocean City, Maryland. The Company expects to make more than 250 conversions to natural gas for residents and business owners through the end of May, before the start of the tourism season. The upcoming Ocean City conversions are part of the Company's ongoing initiative to increase the energy options for residents. ...
Jan 24, 2017 04:48 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review 2016 Financial Results
DOVER, Del., Jan. 24, 2017 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Wednesday, March 1, 2017, at 10:30 a.m. ET to discuss the Company's financial results for the fourth quarter and year ended December 31, 2016.  The earnings press release will be issued on Tuesday, February 28, 2017, before the market opens....
Dec 21, 2016 01:02 pm ET
Chesapeake Utilities Corporation's Combined Heat And Power (CHP) Plant Named "Best CHP Project Of The Year"
DOVER, Del., Dec. 21, 2016 /PRNewswire/ -- Power Engineering magazine has named the Chesapeake Utilities Corporation (NYSE: CPK) Eight Flags Energy Combined Heat and Power (CHP) Plant "Best CHP Project of the Year." The award was announced during the POWER-GEN International exposition in Orlando, Florida on December 13.  ...
Dec 05, 2016 11:16 am ET
Elaine Bittner, Chesapeake Utilities Corporation, Receives Top International Honor As Female Executive Of The Year At 2016 Stevie® Awards For Women In Business
DOVER, Del., Dec. 5, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) Senior Vice President of Strategic Development Elaine Bittner was named "Female Executive of the Year." Ms. Bittner accepted the Gold Stevie Award during the 13th annual Stevie Awards for Women in Business, held in New York City on November 18, 2016. ...
Nov 23, 2016 12:39 pm ET
Chesapeake Utilities Corporation Employees Partner with Local Organizations to Supply Families with Thanksgiving Meals
DOVER, Del., Nov. 23, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (Chesapeake Utilities) (NYSE: CPK) employees from Delaware, Florida, Ohio and Maryland spent the weeks leading up to Thanksgiving working with local community organizations to pack and distribute meals for families in need through the Company's annual Thanksgiving for All program. In total, employees packaged and delivered more than 1,300 meals. ...
Nov 16, 2016 04:54 pm ET
Sandpiper Energy Agrees to a Multi-Year Rate Reduction for Customers, New Service Offerings
DOVER, Del., Nov. 16, 2016 /PRNewswire/ -- Sandpiper Energy, Inc., a wholly owned subsidiary of Chesapeake Utilities Corporation, announced today that the Public Service Commission of Maryland has approved a settlement agreement associated with its 2015 base rate case filing, which will result in a reduction in its delivery service rates over the next six years. The agreement also includes an introduction of several new service offerings, including a natural gas compression service for commercial customers and a program to support the use of propane or natural gas in multi-family housing. ...
Nov 15, 2016 05:05 pm ET
Chesapeake Utilities Corporation Joins Utility Industry to Protect Customers from Scammers
DOVER, Del., Nov. 15, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake), and its business units Chesapeake Utilities, Sandpiper Energy, Florida Public Utilities Company and Sharp Energy, are joining other utility companies across the United States and Canada to increase public awareness about long-running scam activities that target customers of utility service providers....
Nov 03, 2016 07:30 am ET
Chesapeake Utilities Corporation Reports Third Quarter Results
DOVER, Del., Nov. 3, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported third quarter financial results. The Company's net income for the quarter ended September 30, 2016 was $4.4 million, compared to $5.1 million in the same quarter of 2015. The decrease was principally due to fixed pipeline and storage costs associated with natural gas supply contracts where a significant portion of the sales volume will occur during the winter months; increased deliveries and imbalance positions that favorably impacted Aspire Energy i...
Nov 02, 2016 05:54 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Nov. 2, 2016 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.305 per share on the Company's common stock. The $0.305 per share dividend will be paid on January 5, 2017 to all shareholders of record at the close of business on December 15, 2016....
Nov 02, 2016 05:50 pm ET
Chesapeake Utilities Corporation Announces Largest Natural Gas Pipeline Expansion In Company History
DOVER, Del., Nov. 2, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Eastern Shore Natural Gas Company (ESNG), Chesapeake Utilities' interstate natural gas transmission subsidiary, finalized precedent agreements with customers for its 2017  Expansion Project that will add significant firm transportation pipeline capacity in the region. ...
Oct 11, 2016 09:56 am ET
Chesapeake Utilities Corporation To Host Conference Call To Review Third Quarter 2016 Financial Results
DOVER, Del., Oct. 11, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 4, 2016, at 10:30 a.m. ET to discuss the Company's financial results for the third quarter ended September 30, 2016.  The conference call will be hosted at the Student Center on the Delaware State University campus in Dover, Delaware.  The earnings press release will be issued on Thursday, November 3, 2016, before the market opens....
Sep 22, 2016 09:27 am ET
Chesapeake Utilities Corporation Prices Public Offering of Common Stock
DOVER, Del., Sept. 22, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the pricing of an underwritten public offering of 835,207 shares of its common stock, at a price to the public of $62.26 per share.  In connection with the offering, Chesapeake granted the underwriters involved in the offering with a 30-day option to purchase up to an additional 125,281 shares of its common stock. The offering is expected to close on September 27, 2016, subject to customary closing conditions. ...
Sep 21, 2016 05:15 pm ET
Chesapeake Utilities Corporation Announces Common Stock Offering
DOVER, Del., Sept. 21, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today the commencement of an underwritten public offering of its common stock, with an aggregate value not to exceed $52 million.  In conjunction with this offering, the Company intends to grant the underwriters a 30-day option to purchase additional shares up to an additional $7.8 million in aggregate value. ...
Sep 01, 2016 09:30 am ET
Chesapeake Utilities Corporation to Celebrate Commencement of First Combined Heat and Power Plant Operation
DOVER, Del., Sept. 1, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) will celebrate the commencement of operations of its first combined heat and power (CHP) plant, Eight Flags Energy, on September 6 in Fernandina Beach, Florida with a scheduled commissioning event at the plant. ...
Aug 11, 2016 09:00 am ET
Eastern Shore Natural Gas Receives FERC Approval to Provide Firm Natural Gas Transportation Service to Calpine's Garrison Energy Center
DOVER, Del., Aug. 11, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities") announced today that the Federal Energy Regulatory Commission ("FERC") approved on July 21 the application by Eastern Shore Natural Gas ("ESNG"), Chesapeake Utilities' interstate natural gas transmission subsidiary, to expand firm natural gas transportation service to Calpine Energy Services' Garrison Energy Center in Dover, Delaware. ESNG will transport 45,000 dekatherms per day ("dt/d") of natural gas to service Calpine's 309 MW electric generation plant....
Aug 05, 2016 09:30 am ET
Eastern Shore Natural Gas Receives FERC Approval To Construct And Operate New Facilities In Delaware To Sustain System Reliability
DOVER, Del., Aug. 5, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities") announced today that the Federal Energy Regulatory Commission ("FERC") has approved plans by Eastern Shore Natural Gas ("ESNG"), Chesapeake Utilities' interstate natural gas transmission subsidiary, to construct pipeline and compression facilities to preserve the reliability and flexibility of its interstate pipeline system. The project is estimated to cost approximately $36 million.  ...
Aug 04, 2016 05:45 pm ET
Chesapeake Utilities Corporation To Host Investor Day On August 11, 2016
DOVER, Del., Aug. 4, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities") announced today that it will host an Investor Day on Thursday, August 11, 2016 in Amelia Island, Florida to discuss the Company's growth strategy, current businesses and financial results....
Aug 04, 2016 07:30 am ET
Chesapeake Utilities Corporation Reports Second Quarter Results
DOVER, Del., Aug. 4, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported second quarter financial results. The Company's net income for the quarter ended June 30, 2016 was $8.0 million, or $0.52 per share.  This represents an increase of $1.7 million, or $0.11 per share over the same quarter in 2015.  Excluding a non-recurring $1.4 million pre-tax gain ($0.05 per share) related to the settlement with a vendor in connection with a customer billing system implementation, which occurred in the second quarter of 2015, earning...
Aug 03, 2016 02:20 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Aug. 3, 2016 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.305 per share on the Company's common stock. The $0.305 per share dividend will be paid on October 5, 2016 to all shareholders of record at the close of business on September 15, 2016....
Aug 01, 2016 07:30 am ET
Chesapeake Utilities Corporation Commences Operation of Eight Flags Energy combined heat and power Plant
AMELIA ISLAND, Fla., Aug. 1, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities") announced today that the Company commenced operation of its Eight Flags Energy Combined Heat and Power ("CHP") Plant on Amelia Island in Nassau County, Florida. ...
Jul 12, 2016 06:10 pm ET
Chesapeake Utilities Corporation Earns Two National Safety Awards
DOVER, Del., July 12, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake) announced today that it has earned two Safety Achievement Awards from the American Gas Association (AGA). The Awards for 2015 were presented at the AGA's Operations Conference in Phoenix, Arizona....
Jul 11, 2016 04:51 pm ET
Chesapeake Utilities Corporation to Host Conference Call to Review Second Quarter 2016 Financial Results
DOVER, Del., July 11, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 5, 2016, at 10:30 a.m. ET to discuss the Company's financial results for the second quarter ended June 30, 2016.  The earnings press release will be issued on Thursday, August 4, 2016, before the market opens....
Jul 07, 2016 10:50 am ET
Chesapeake Utilities Corporation And Sharp Energy Hold Ribbon Cutting Ceremony For New Sharp Energy Headquarters And AutoGas Fueling Station In Georgetown, Delaware
DOVER, Del., July 7, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake) and Sharp Energy Inc., its wholly-owned subsidiary, have opened the new Sharp Energy headquarters building and AutoGas fueling station in Georgetown, Delaware. The ribbon cutting ceremony was held June 30, 2016 at 22945 East Piney Grove Road, Georgetown, Delaware. The event was hosted by Chesapeake and Sharp Energy and attended by state, local and Company officials....
Jun 28, 2016 10:17 am ET
Chesapeake Utilities Corporation Welcomes Greg Robinson As Director of Corporate Security
DOVER, Del., June 28, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Greg Robinson has joined the Company as Director of Corporate Security. In this role, he will be responsible for the direction and planning of corporate security, physical security systems, government intelligence coordination and coordination of business continuity programs for Chesapeake Utilities. ...
May 24, 2016 12:02 pm ET
Chesapeake Utilities Corporation Welcomes Sheri Richard As Vice President Of Rates And Regulatory Affairs
DOVER, Del., May 24, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Sheri Richard has joined the Company as Vice President of Rates and Regulatory Affairs. In this role, she will manage Chesapeake's rates and regulatory affairs and communicate the Company's position on business and regulatory matters to various governmental authorities.  Ms. Richard will be directly responsible for handling government relations with the Federal Energy Regulatory Commission (FERC) and the Delaware and Maryland Public Service Commissions. ...
May 16, 2016 06:46 pm ET
Chesapeake Utilities Corporation's Natural Gas Transmission Subsidiary Begins Regulatory Process For Its 2017 Expansion Project
DOVER, Del., May 16, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that its natural gas transmission subsidiary, Eastern Shore Natural Gas Company ("Eastern Shore"), submitted a request to the Federal Energy Regulatory Commission (the "FERC") on May 12, 2016 to initiate FERC's pre-filing procedures for Eastern Shore's proposed 2017 Expansion Project.  The 2017 Expansion Project consists of (i) approximately 33 miles of pipeline looping in Pennsylvania, Maryland and Delaware; (ii) upgrades to existing metering...
May 06, 2016 05:31 pm ET
Ralph J. Adkins, Richard Bernstein, And Joseph E. Moore Retire From The Chesapeake Utilities Corporation Board Of Directors
DOVER, Del., May 6, 2016 /PRNewswire/ -- On May 4, 2016, the Board of Chesapeake Utilities Corporation (NYSE: CPK) recognized Board Chair Emeritus Ralph J. Adkins and Board members Richard Bernstein and Joseph E. Moore for their many years of service to the Company and its shareholders. Messrs. Adkins, Bernstein and Moore retired from the Board, effective May 4, 2016. ...
May 04, 2016 04:52 pm ET
Chesapeake Utilities Corporation Raises Dividend By 6.1 Percent
DOVER, Del., May 4, 2016 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Company's common stock from $0.2875 per share to $0.305 per share. The Board's action raises the annualized dividend $0.07 per share from $1.15 per share to $1.22 per share, which represents a 6.1 percent increase.  The $0.305 per share dividend will be payable July 5, 2016 to all shareholders of record at the close of business on June 15, 2016....
May 04, 2016 07:30 am ET
Chesapeake Utilities Corporation Reports First Quarter Results
DOVER, Del., May 4, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today reported first quarter financial results. The Company's net income for the quarter ended March 31, 2016 was $20.4 million, or $1.33 per share. This represents a decrease of $742,000, or $0.11 per share, compared to 2015. The period-over-period decrease was due primarily to the impact of warmer weather on the Company's natural gas and propane distribution operations.  The Company estimates that lower usage due to the 26-percent warmer weather during the first q...
Mar 28, 2016 12:13 pm ET
Chesapeake Utilities Corporation Welcomes Naimul Islam As Vice President And Corporate Controller
DOVER, Del., March 28, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that Naimul Islam has joined the Company as Vice President and Corporate Controller. In this role, he will manage all of Chesapeake's accounting operations, including corporate accounting, internal and external financial reporting, business unit accounting, accounts payable, capital accounting, income taxes and shared services-accounting.  ...
Mar 07, 2016 05:53 pm ET
Chesapeake Utilities Corporation (NYSE: CPK) To Ring The Closing Bell® At The New York Stock Exchange
DOVER, Del., March 7, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities"), a diversified energy company headquartered in Dover, Delaware, will ring The Closing Bell® on March 9, 2016 at the New York Stock Exchange. Ralph J. Adkins, Chair Emeritus and former Chair and Chief Executive Officer, will join the Company's executive leadership team to celebrate his more than 50 years of service to Chesapeake Utilities and its stockholders.  ...
Feb 25, 2016 06:30 am ET
Chesapeake Utilities Corporation Reports Ninth Consecutive Year Of Record Earnings
DOVER, Del., Feb. 25, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced financial results for both the year and the fourth quarter ended December 31, 2015. The Company's net income for the year ended December 31, 2015 was $41.1 million, or $2.72 per share, an increase of $5.0 million, or $0.25 per share, compared to 2014. The growth in net income and earnings per share in 2015 occurred despite the impact of significantly warmer temperatures, particularly in the fourth quarter of 2015.  The Company estimates that the im...
Feb 23, 2016 01:55 pm ET
Chesapeake Utilities Corporation Announces Quarterly Dividend
DOVER, Del., Feb. 23, 2016 /PRNewswire/ -- Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.2875 per share on the Company's common stock. The $0.2875 per share dividend will be paid on April 5, 2016 to all shareholders of record at the close of business on March 15, 2016....
Jan 29, 2016 04:52 pm ET
Chesapeake Utilities Corporation To Host Conference Call To Review 2015 Financial Results
DOVER, Del., Jan. 29, 2016 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, February 26, 2016, at 10:30 a.m. ET to discuss the Company's financial results for the fourth quarter and year ended December 31, 2015.  The earnings press release will be issued on Thursday, February 25, 2016, before the market opens....