News 2018

Members of the media can direct inquiries to the Media Hotline at 302.217.7050.

September 11, 2018

Dover Delaware – 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. The by-invitation […]

September 10, 2018

Dover, Delaware – Chesapeake Utilities Corporation 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 […]

August 09, 2018

Second quarter net income rose 5.6 percent to $6.4 million or $0.39 per share Profitable growth in the natural gas, electric and propane distribution and natural gas transmission businesses continued to drive increased earnings for the quarter and year-to-date The Company has paid or reserved a total of $5.4 million in refunds to regulated energy […]

August 08, 2018

Dover, Delaware – 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. Chesapeake […]

July 30, 2018

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 […]

July 24, 2018

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 […]

June 08, 2018

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) has announced that after more than 22 years of service, Elaine B. Bittner, former Senior Vice President, has left the Company. Ms. Bittner was a valuable contributor to the Company’s success and strategic growth plan. The Company wishes to thank Ms. Bittner for her many contributions. “I […]

May 18, 2018

Dover, Delaware — 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 […]

May 09, 2018

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 $0.325 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, […]

May 08, 2018

Net income rose 40.3 percent to $26.9 million or $1.64 per share Gross margin* increased $10.3 million, or 12.2 percent, for the quarter, before the pass through of lower Federal income taxes to customers of our regulated businesses Preliminary estimates of customer refunds from lower Federal income taxes totaled $3.2 million for the quarter Continued […]

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