News Archive
July
11, 2017 The Southeastern Electric Exchange, Inc. (SEE) recognized the Eight Flags Energy Combined Heat and Power Plant as a 2017 Industry Excellence Award winner in the Production category at the SEE Annual Conference and Trade Show in Baltimore, Maryland. Pictured from left: Bryan Olnick, VP Operations, Florida Power & Light and Chairman, Engineering & Operations [...]
June
29, 2017 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) announced today five executive appointments for team members of the corporate office as well as for the Company’s Chesapeake Utilities, Peninsula Energy Services Company (PESCO) and Sharp Energy business units. “Our Company’s growth and powerful energy is made possible through the dedication of our employees,” said Michael [...]
June
15, 2017 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that its subsidiary, Florida Public Utilities Company (FPU), has earned a Safety Achievement Award from the American Gas Association (AGA) for excellence in employee safety. The selection was based on criteria that included professional and personal commitment and dedication to improving the operations [...]
May
18, 2017 Dover, Delaware – The Company announced today that Michael P. McMasters, President and CEO, and Beth W. Cooper, Senior Vice President and CFO of Chesapeake Utilities Corporation (NYSE: CPK) will be hosting a live webcast at 2:15 pm on Sunday, May 21st at the 2017 AGA Financial Forum taking place in Orlando, Florida. Webcast participants [...]
May
4, 2017 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that the Company has entered into an agreement with Pensacola Energy to transport natural gas to the City of Pensacola and other industrial users in the surrounding area in Escambia County. This project will increase Chesapeake Utilities’ footprint in Northwest Florida while complementing [...]
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 [...]