News Archive
May
3, 2017 First quarter net income totaled $19.1 million or $1.17 per share Earnings from the Eight Flags Combined Heat & Power plant, higher margin from the natural gas marketing operation and continued growth in the natural gas distribution and transmission businesses partially offset higher operating expenses and the impact of warmer weather Xeron began winding down [...]
May
3, 2017 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 $0.305 per share to $0.325 per share. The Board’s action raises the annualized dividend $0.08 per share from $1.22 per share to $1.30 per [...]
April
26, 2017 Dover, Delaware – Sharp Energy, Inc., the largest propane retailer on the Delmarva Peninsula and a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities), announced today that it has constructed and placed into service an AutoGas propane fueling station for fleet vehicles located near the Baltimore/Washington International (BWI) Airport. Airport shuttles, school bus companies, [...]
April
12, 2017 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 5, 2017, at 10:30 a.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2017. The earnings press release will be issued on Wednesday, May 3, 2017, before the market opens. To participate in [...]
March
14, 2017 Dover, Delaware – Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced that the Company’s Board of Directors recently promoted James F. Moriarty from the position of Vice President to Senior Vice President of Chesapeake Utilities Corporation and its subsidiaries. Mr. Moriarty, who also serves as Chesapeake [...]
March
10, 2017 Dover, Delaware – The Company announced today that members of its Senior Management team will be participating in the Seaport Global Securities Transports & Industrials Conference in Coral Gables, Florida, on March 22 – 23, 2017. At the conference, potential investors will have the opportunity to meet one-on-one with Company representatives to learn more about [...]
March
7, 2017 DOVER, DELAWARE – Chesapeake Utilities Corporation (NYSE:CPK) (Chesapeake) 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. This year, income eligible grants [...]
February
24, 2017 Dover, Delaware – Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.305 per share on the Company’s common stock. The $0.305 per share dividend will be paid on April 5, 2017 to all shareholders of record at the close of business on March 15, 2017. Chesapeake [...]
February
23, 2017 Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities”) announced today that Sandpiper Energy (“Sandpiper” or “the Company”), a wholly-owned subsidiary, is now delivering natural gas to the Town of Ocean City, Maryland. The Company expects to make more than 250 conversions to natural gas for residents and business owners through the end of [...]
January
24, 2017 Chesapeake Utilities Corporation will host a conference call on Wednesday, March 1, 2017, at 10:30 a.m. ET to discuss the Company's financial results for the fourth quarter and year ended December 31, 2016.
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