Subsidiary & Community News
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES THE APPOINTMENT OF JEFFRY M. HOUSEHOLDER AS PRESIDENT, CHIEF EXECUTIVE OFFICER AND DIRECTOR
Dover, Delaware — 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. McMasters announced his retirement in September. “Jeff’s leadership, innovation and strategic thinking have been critical drivers of the dramatic [...]
Chesapeake Utilities Corporation Acquires Marlin CNG Services
DOVER, DE – 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. “With increased opportunities for mobile fuel and virtual pipeline solutions on the horizon, this acquisition aligns with our strategic plan as we expand the scope of our services throughout our service territories and beyond. Acquiring Marlin CNG Services allows us to extend our services and utilize customized equipment to meet the needs of natural gas suppliers and customers,” said Michael P. McMasters, President and Chief Executive Officer of [...]
Chesapeake Utilities Corporation Subsidiary Acquires Propane Operating Assets in Pennsylvania
Dover, DE – 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. R.F. Ohl, a family-owned and operated company founded in 1984, has been providing propane service to more than 2,500 residential and commercial customers in Carbon, Monroe, Northampton, Lehigh, and Schuylkill counties in Pennsylvania since 2003. Sharp Energy started providing propane service to the Pennsylvania community that same year and now serves more than 6,000 customers throughout the state. “We are excited to further expand our propane footprint [...]
Florida Public Utilities Company Restores Power to Customers Impacted by Hurricane Michael
DOVER, DE – 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 customers. Immediately following the hurricane, FPU crews assessed the damage from the storm and mobilized its electric workforce, other [...]
CHESAPEAKE UTILITIES CORPORATION HOLDS RIBBON CUTTING CEREMONY FOR NEW ENERGY LANE CAMPUS AND CNG FUELING STATION
Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation (center, with scissors), and Robin R. Christiansen, Mayor of Dover, Delaware (to Mr. McMasters’ right, holding the ribbon), were joined by local government officials and members of the Chesapeake leadership and management teams for a ribbon cutting ceremony celebrating the new Energy Lane Campus. The new facility is home to 250 Chesapeake employees and is the largest single business locale in the Company’s history. Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake) held a ribbon cutting ceremony on September 27, 2018 at its new Energy [...]
CHESAPEAKE UTILITIES CORPORATION SUBSIDIARIES EARN THREE 2017 NATIONAL SAFETY AWARDS
Dover, DE – 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 excellence in fleet safety based on its safety record. The awards for 2017 were presented at the AGA’s Operations Conference [...]
FLORIDA PUBLIC UTILITIES COMPANY RECOGNIZED BY CHARTWELL AND PR NEWS FOR COMMUNITY ENGAGEMENT CAMPAIGN FOR HURRICANE IRMA
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) announced today that its energy subsidiary, Florida Public Utilities Company (FPU), received an award as well as several other accolades from Chartwell and PR News for FPU’s social media campaign informing and protecting customers during Hurricane Irma. “I am incredibly proud of our FPU team. Our employees are committed to providing outstanding service and unsurpassed customer care for all of our customers, especially during challenging times,” said Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation. “The Hurricane Irma electric restoration effort was the largest restoration event that the [...]
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW SECOND QUARTER 2018 FINANCIAL RESULTS
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. To participate in this call, dial 855.801.6270 and reference Chesapeake Utilities Corporation’s Second Quarter conference call. To access the replay recording of this call, the accompanying transcript, and other pertinent quarterly information, use the link CPK - Conference Call Audio Replay, or visit the Investors/Events and Presentations section of Company’s website [...]
Chesapeake Utilities Corporation Commits to Further Expansion of Natural Gas Services Throughout the Delmarva Peninsula and Surrounding Region
Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) is committed to bringing more natural gas to the Delmarva Peninsula including areas in Maryland and Virginia’s Eastern Shore. Through the Company’s interstate natural gas transmission pipeline, Eastern Shore Natural Gas Company (ESNG), and its natural gas distribution division, Chesapeake Utilities, the Company aims to expand its service offerings to new areas. Natural gas is safe, clean, reliable, affordable and domestic, and promotes economic development while preserving the environmental integrity of a region. ESNG Proposes Further Development within the Delmarva Peninsula and Pennsylvania ESNG has initiated a nonbinding Open Season for its [...]
Chesapeake Utilities Celebrates African American History Month
Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that Chesapeake Utilities, the Company’s natural gas distribution division, will be celebrating African American History Month through the second annual Citywide Black History Celebration hosted by the Delaware State News. “The African American community has a long, proud history here in Delaware, and Chesapeake Utilities is honored to take part in the recognition of the community’s achievements and culture,” said Aleida Socarras, Vice President, Chesapeake Utilities. “By cultivating a diverse and inclusive workforce, we aspire to reach new heights as a Company.” The celebration will highlight local African American history, [...]
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES INCREASED GRANT LEVELS FOR 2018 ENERGY BILL ASSISTANCE
Dover, DE – Chesapeake Utilities Corporation (NYSE:CPK) today announced the availability of grants through its SHARING program, a non-profit organization that makes funds available to the Company’s natural gas and propane customers living on the Delmarva Peninsula who need financial assistance paying their gas bills or repairing their gas appliances. Annual grants for as much as $750 are available to those who qualify. “The SHARING program is an important part of our customers’ and community members’ lives and we are committed to increasing the availability and convenience of the program each year,” said Shane Breakie, Director, Energy Services for Chesapeake Utilities [...]
Eastern Shore Natural Gas Company Files Uncontested Rate Case Settlement Agreement
Dover, DE – 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. As a result of the settlement agreement, which is now subject to Commission review and action, ESNG will record an increase in base rates of approximately $9.8 million. Under the terms of the settlement agreement, ESNG will recover the costs of its System Reliability Project (placed into service in 2017), along with the cost of investments and expenses [...]
Employees of Chesapeake Utilities Corporation Partner with Food Banks of Delaware and Maryland to Provide Thanksgiving Meals to Local Families
Employees from Chesapeake Utilities Corporation partnered with local Delaware and Maryland food banks to help provide Thanksgiving meals for families in need. Dover, DE –Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) employees partnered with local Delaware and Maryland food banks to help provide Thanksgiving meals for families in need. In addition, employees from the Company’s propane distribution subsidiary, Sharp Energy, partnered with DART (Delaware Authority for Regional Transit) to “Stuff a Bus” with Thanksgiving food items that have also been distributed through the Food Bank of Delaware. “Our customers and the communities where we live and work are [...]
CHESAPEAKE UTILITIES CORPORATION HONORED WITH 2017 GOVERNANCE TEAM OF THE YEAR AWARD
Dover, DE – 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. “The Governance Team of the Year award recognizes our commitment to the highest ethical standards, compliance and best practices in corporate governance, which are embedded in the Company’s culture [...]
Sharp Energy Recognized as 2017 “Best Gas Company” by The Metropolitan Magazine
Sharp Energy employees accept their awards for “Best Gas Company of the Eastern Shore” and “Best Southern Delaware Gas Company – Sussex County” by The Metropolitan Magazine. Pictured left to right: Andy Hesson, Mandie Granger, Lynn Muir, Suzy Hutchison, and Mike Petito. Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that its propane distribution subsidiary, Sharp Energy, received awards for “Best Gas Company of the Eastern Shore” and “Best Southern Delaware Gas Company – Sussex County” by The Metropolitan Magazine. The awards were presented as part of “The Best of the Eastern Shore” celebration [...]