January
New Infrastructure Supports Peak Service Demands on Delmarva Peninsula DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Eastern Shore Natural Gas (ESNG), has received approval from the Federal Energy Regulatory Commission (FERC) to construct a new compressor unit at its existing facility in Sussex County, Delaware. The new compressor and associated infrastructure [...]
October
DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, November 3, 2022, at 4:00 p.m. ET to discuss the Company’s financial results for the third quarter ended September 30, 2022. The earnings press release will be issued on Wednesday, November 2, 2022, after market close. To participate in this [...]
July
DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, August 4, 2022, at 4:00 p.m. ET to discuss the Company’s financial results for the second quarter ended June 30, 2022. The earnings press release will be issued on Wednesday, August 3, 2022, after market close. To participate in this [...]
May
Andrena Burd will lead risk management Puru Buddha will lead enterprise applications DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Andrena Burd has been promoted to assistant vice president to head the Company’s risk management department, and Puru Buddha has been promoted to assistant vice president of enterprise applications. [...]
May
Dover, Delaware – 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 $0.48 per share to $0.535 per share. The Board’s action raises the 2022 annualized dividend by $0.22 from $1.92 to $2.14 per share, an [...]
May
Earnings per share ("EPS")* was $2.08 for the first quarter of 2022, an increase of $0.12, or 6.1 percent, compared to $1.96 for the first quarter of 2021 Quarter-over-quarter growth driven primarily by the acquisition of Diversified Energy, pipeline expansions, natural gas organic growth, regulatory initiatives and higher earnings in the Company's unregulated businesses Continued [...]
May
DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that it is in the final pre-construction stage associated with a $6.3 million capital project that would expand infrastructure to serve new customers from Sussex County, Delaware, to northern Ocean City, Maryland, while also increasing the reliability of the existing distribution system in those areas. [...]
April
DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Wednesday, May 4, 2022, at 4:00 p.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2022. The earnings press release will be issued on Tuesday, May 3, 2022, after market close. To participate in this [...]
February
DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today the publication of its inaugural Sustainability Report, which affirms the Company’s environmental, social and governance (ESG) commitments. The Company also announced two new organizational changes to advance its ESG strategy and environmental sustainability initiatives. Chesapeake Utilities’ Inaugural Sustainability Report “Over the past few years, we [...]
December
New Process Aims to Increase Diversity of Supplier Base DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today the launch of a vendor registration portal for potential new suppliers, building on its commitment to utilize diverse businesses in sourcing goods and services. The portal, available at chpk.com, allows vendors to register for the opportunity [...]
