News Archive
May
9, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) has announced that its subsidiary Marlin Gas Services, a premier North American supplier of mobile compressed natural gas (CNG) utility and pipeline solutions, has launched its new website for customers at www.marlingas.com. The site provides information to help meet the CNG needs of gas utilities, pipeline companies, [...]
May
8, 2019 Chesapeake Utilities delivers strong financial and operational results in the first quarter GAAP net income increased by 6.7 percent to $28.7 million or $1.74 per share* compared to $1.64 per share for the first quarter of 2018 Adjusted (Non-GAAP)** earnings increased to $1.68 per share from $1.40 per share, representing 20.0 percent growth Gross margin** [...]
May
8, 2019 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 $0.37 per share to $0.405 per share. The Board’s action raises the 2019 annualized dividend $0.14 per share from $1.48 to $1.62 per share, which [...]
May
6, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that the Federal Energy Regulatory Commission (FERC) has issued a positive environmental assessment of the Company’s Del-Mar Energy Pathway Project (Project) (Docket No. CP18-548-000). The Project, which was applied for in September of 2018 by Eastern Shore Natural Gas Company (ESNG), Chesapeake Utilities’ interstate natural [...]
April
30, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today the appointment of Michael Galtman to the position of Vice President and Chief Accounting Officer in the Company’s Finance and Accounting department. Mr. Galtman will report directly to Beth Cooper, Executive Vice President and Chief Financial Officer of Chesapeake Utilities Corporation. “Michael is an experienced [...]
April
17, 2019 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 10, 2019, at 10:30 a.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2019. The earnings press release will be issued on Wednesday, May 8, 2019, before market hours. To participate in this [...]
April
9, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) is recognizing National Safe Digging Month this April by reminding our electric, natural gas and propane customers and all contractors to call 811 to have utility-owned underground lines marked prior to digging. According to data obtained and analyzed by the Common Ground Alliance, the national association that [...]
April
5, 2019 Dover, DE – Chesapeake Utilities Corporation’s (NYSE: CPK) propane distribution subsidiary, Sharp Energy, has recently completed significant construction upgrades to its propane rail facility in North Dover, Delaware. The enhanced rail facility triples Sharp Energy’s propane supply capacity to serve tens of thousands of end-users throughout Delaware, Maryland, Pennsylvania and Virginia. The rail facility includes [...]
March
22, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today the appointment of Joe Steinmetz to Vice President and Controller. In his new role, Mr. Steinmetz will report directly to Beth Cooper, Executive Vice President, Chief Financial Officer and Assistant Corporate Secretary of Chesapeake Utilities Corporation. “Joe brings a wealth of experience to this role. [...]
March
5, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today several recent promotions and new officer appointments. “Our Company’s strong foundation for growth is directly attributable to the hard work and dedication of our employees,” said Jeff Householder, President and Chief Executive Officer of Chesapeake Utilities Corporation. “These promotions better position the Company for future [...]