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Third quarter net income totaled $5.5 million or $0.34 per share Eastern Shore Natural Gas Company (“Eastern Shore”) and Peninsula Pipeline Company (“Peninsula Pipeline”) expansions added $3.6 million in gross margin* for the quarter Continued growth in the natural gas transmission operations during the third quarter was offset by seasonality, slightly lower propane margins and [...]

DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) today announced that its Florida Public Utilities Company (FPU) subsidiary has restored electric service to all customers who are able to accept power following Hurricane Michael. The powerful storm was the first Category 4 hurricane on record to make landfall in the Florida Panhandle, bringing 155 mile-per-hour [...]

Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Monday, November 12, 2018, at 10:30 a.m. ET to discuss the Company’s financial results for the third quarter ended September 30, 2018. The earnings press release will be issued on Thursday, November 8, 2018, after the market closes. To participate in [...]

Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation (center, with scissors), and Robin R. Christiansen, Mayor of Dover, Delaware (to Mr. McMasters’ right, holding the ribbon), were joined by local government officials and members of the Chesapeake leadership and management teams for a ribbon cutting ceremony celebrating the new Energy [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that two of its subsidiaries, Eastern Shore Natural Gas Company (ESNG) and Aspire Energy, have earned Safety Achievement Awards from the American Gas Association (AGA). ESNG and Aspire Energy were both recognized for Employee Safety based on criteria that included professional and personal commitment and [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that it is the recipient of Ethical Boardroom Magazine’s 2018 award for Best Corporate Governance in the Utilities Sector in North America.  The prestigious award recognizes outstanding leadership worldwide for companies that have raised the bar to ensure that strong corporate governance contributes daily to [...]

Dover Delaware - Chesapeake Utilities Corporation (NYSE: CPK) announced today that it will host Investor Days on Delmarva from September 18 – 20, 2018. Attendees will tour local facilities of Chesapeake Utilities and Sharp Energy in southern Delaware and Maryland, including a visit to the Company’s new Energy Lane Campus in Dover, Delaware. The by-invitation [...]

Dover, Delaware - Chesapeake Utilities Corporation announced today that President and Chief Executive Officer, Michael P. McMasters, has advised the Board of Directors of his intention to retire in early 2019. Mr. McMasters will remain fully engaged in leading the organization as CEO until his retirement.  He will continue as a member of the Board [...]

Second quarter net income rose 5.6 percent to $6.4 million or $0.39 per share Profitable growth in the natural gas, electric and propane distribution and natural gas transmission businesses continued to drive increased earnings for the quarter and year-to-date The Company has paid or reserved a total of $5.4 million in refunds to regulated energy [...]

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 October 5, 2018 to all shareholders of record at the close of business on September 14, 2018. Chesapeake [...]