News Archive
March
18, 2020 DOVER, DE – 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 [...]
March
16, 2020 Customer Walk-in Access to Company Buildings Temporarily Suspended as a Precaution DOVER, DE – 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 [...]
February
26, 2020 Dover, Delaware – 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 April 6, 2020 to all shareholders of record at the close of business on March 13, 2020. Chesapeake [...]
February
26, 2020 GAAP earnings per share ("EPS")* reached $3.96 for 2019 2019 EPS from continuing operations was a record $3.72, an increase of $0.25 or 7.2 percent over 2018 Natural gas expansion projects, customer growth and conversions generated $18.3 million in additional gross margin** in 2019 Unregulated Energy acquisitions added $6.8 million in incremental gross margin in [...]
January
28, 2020 Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK), announced today the availability of grants through its SHARING program, a nonprofit organization that provides funds to the Company’s natural gas and propane gas customers living on the Delmarva Peninsula who need financial assistance to pay their gas bills or to repair their gas appliances. Annual grants for [...]
January
28, 2020 DOVER, DE – 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 Road Show sponsored by Sidoti & Company on January 30, 2020. Ms. Cooper and Mr. Mahn will be participating in [...]
January
28, 2020 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 27, 2020, at 4:15 p.m. ET to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2019. The earnings press release will be issued on Wednesday, February 26, 2020, after the market closes. To [...]
January
21, 2020 Chesapeake employees load a framed wall onto a truck during a ‘framing frenzy’ event at the Company’s Energy Lane campus in Dover. Chesapeake joined Central Delaware Habitat for Humanity and local students from Polytech High School to frame a home for a family in need. DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) [...]
January
7, 2020 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that the Federal Energy Regulatory Commission (FERC) has issued an order approving the Company’s proposed Del-Mar Energy Pathway Project (Docket No. CP18-548-000). The order, which was applied for in September of 2018 by Eastern Shore Natural Gas Company, Chesapeake Utilities’ interstate natural [...]
December
16, 2019 Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its propane subsidiary, Sharp Energy, executed an agreement to acquire the propane operating assets of Boulden Brothers Propane in Newark, Delaware. The parties closed on this transaction on December 13, 2019. Terms of the transaction were not publicly disclosed. “This acquisition is a strategic [...]