News Archive
February
26, 2019 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 April 5, 2019 to all shareholders of record at the close of business on March 15, 2019. Chesapeake [...]
February
26, 2019 GAAP 2018 EPS of $3.45 exceeded Company guidance GAAP earnings totaled $3.45 per share (diluted)** in 2018 compared to $3.55 per share in 2017. The 2017 earnings included the one-time positive impact of $0.87 per share for the United States Tax Cuts and Jobs Act (“TCJA”) Adjusted (non-GAAP) earnings increased to $3.31 per share in [...]
February
1, 2019 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, March 1, 2019, at 10:30 a.m. ET to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2018. The earnings press release will be issued on Tuesday, February 26, 2019, after the market closes. To [...]
January
24, 2019 DOVER, DE – The Florida Public Service Commission has approved the settlement agreement between Florida Public Utilities Company (FPU), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), and the Office of Public Counsel (OPC). The settlement agreement, which was filed on October 17, 2018, reduces electric rates as a result of the federal Tax Cuts [...]
January
16, 2019 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
9, 2019 DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK), announced today, two executive appointments for the Company’s Delmarva natural gas distribution operations and mid-Atlantic propane gas distribution operation. Shane E. Breakie has been promoted to Assistant Vice President of Chesapeake Utilities. Mr. Breakie will assume expanded responsibilities regarding the day-to-day activities of the Company’s natural gas [...]
December
20, 2018 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 [...]
December
19, 2018 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 [...]
December
18, 2018 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 [...]
November
8, 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 January 7, 2019 to all shareholders of record at the close of business on December 14, 2018. Chesapeake [...]