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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 [...]

Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 11, 2018, at 10:30 a.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2018. The earnings press release will be issued on Wednesday, May 9, 2018, before the market opens. To participate in [...]

2017 net income totaled $58.1 million or $3.55 per share, including a one-time $0.87 per share deferred income tax benefit associated with the Tax Cuts and Jobs Act of 2017 ("TCJA") and a $0.21 per share unrealized mark-to-market ("MTM") loss on financial derivatives contracts Fourth quarter 2017 net income totaled $26.1 million, or $1.59 per [...]

Dover, Delaware – Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.325 per share on the Company’s common stock. The $0.325 per share dividend will be paid on April 5, 2018 to all shareholders of record at the close of business on March 15, 2018. Chesapeake [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) is committed to bringing more natural gas to the Delmarva Peninsula including areas in Maryland and Virginia’s Eastern Shore. Through the Company’s interstate natural gas transmission pipeline, Eastern Shore Natural Gas Company (ESNG), and its natural gas distribution division, Chesapeake Utilities, the Company aims to expand its [...]

Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, March 2, 2018, at 10:30 a.m. ET to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2017. The earnings press release will be issued on Wednesday, February 28, 2018, after the market closes. To [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that Chesapeake Utilities, the Company’s natural gas distribution division, will be celebrating African American History Month through the second annual Citywide Black History Celebration hosted by the Delaware State News. “The African American community has a long, proud history here in Delaware, and Chesapeake Utilities [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE:CPK) today announced the availability of grants through its SHARING program, a non-profit organization that makes funds available to the Company’s natural gas and propane customers living on the Delmarva Peninsula who need financial assistance paying their gas bills or repairing their gas appliances. Annual grants for as much as [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) today announced that Eastern Shore Natural Gas Company (ESNG), its interstate natural gas transmission subsidiary, filed with the Federal Energy Regulatory Commission (Commission) an uncontested settlement agreement associated with its current rate case proceeding. As a result of the settlement agreement, which is now subject to Commission [...]

Employees from Chesapeake Utilities Corporation partnered with local Delaware and Maryland food banks to help provide Thanksgiving meals for families in need. Dover, DE –Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) employees partnered with local Delaware and Maryland food banks to help provide Thanksgiving meals for families in need. In addition, employees from [...]