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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 [...]

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 [...]

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. [...]

Dover, Del. – Employees from Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) partnered with employees from Chesapeake Utilities, the Company’s natural gas distribution system on the Delmarva Peninsula, and Sharp Energy, the Company’s propane distribution subsidiary, to join DART (Delaware Authority for Regional Transit) for a “Stuff the Bus” food drive on April 25 at Chesapeake [...]

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 [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its affiliate Marlin Compression opened a high-capacity compressed natural gas (CNG) truck and tube trailer fueling station in Port Wentworth, Georgia. The facility is one of the largest public access CNG stations on the East Coast. In addition to CNG, the new fueling station [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) proudly joins gas companies across the nation to celebrate Gas Utility Workers’ Day, recognized March 18. The American Public Gas Association established this day of recognition to honor gas utility employees for the important work they do in delivering safe, reliable and affordable energy to homes and [...]

DOVER, Del., March 8, 2022 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that Joe Steinmetz, vice president and controller, was selected by the Controllers Council as the 2021 Controller of the Year, Runner-Up, in the medium size/public category. The Controller of the Year Awards annual program is sponsored by the Controllers Council, a member [...]

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 [...]

Earnings Per Share ("EPS")* increased to $4.73 in 2021 from $4.26 in 2020 EPS from continuing operations increased to a record $4.73 in 2021, up 12.4 percent compared to $4.21 in 2020 - marks 15th consecutive year of earnings growth Return on Equity in 2021 of 11.3 percent - marks 17th consecutive year with ROE [...]