Featured News

— Transaction Valued at approximately $59.2 million — Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or "Company") and Gatherco, Inc. ("Gatherco") today announced that they have entered into a merger agreement, dated as of January 30, 2015 under which Chesapeake Utilities will acquire Gatherco. Upon consummation of the transaction, Gatherco will [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that its natural gas transmission subsidiary Eastern Shore Natural Gas Company ("ESNG") has entered into a Precedent Agreement with Calpine Energy Services, L.P., whereby Calpine is committed to enter into a 20-year service agreement with ESNG to provide natural gas transportation service for Calpine’s [...]

Dover, Del. – Thanks to a $30,000 donation from Chesapeake Utilities Corporation, 1,000 families in Kent and Sussex Counties will have a hot Thanksgiving meal. More than 200 families received a holiday meal box – containing a frozen turkey, all of the trimmings and a roasting pan -- at a distribution at St. Bernadette’s Church in [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that it was awarded the Governance Professional of the Year and Corporate Governance Team of the Year awards for small to mid-cap sized companies at the Corporate Secretary magazine’s seventh annual Corporate Governance Award ceremony. The awards, which were presented on November 5, 2014 [...]

Dover, Delaware -- The Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) has declared a quarterly cash dividend of $0.27 per share on the Company’s common stock. The $0.27 per share dividend will be paid on January 5, 2015 to all shareholders of record at the close of business on December 15, 2014. For [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today reported third quarter and nine months financial results. The Company's net income for the three months ended September 30, 2014 was $3.2 million, or $0.22 per share. This represents a decrease of $699,000, or $0.05 per share, over the same quarter in 2013, due principally to [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that the Florida Public Service Commission ("PSC") has approved a $3.75 million rate increase for electric customers of Florida Public Utilities Company ("FPU"), a Chesapeake subsidiary. The PSC approved the joint recommendation of FPU and the Office of Public Counsel ("OPC") to adopt the [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that it has sold its BravePoint, Inc. ("BravePoint") subsidiary, a provider of advanced information technology services and solutions, to Progress Software Corporation ("Progress") for approximately $12 million in cash, which represents approximately 0.63 times BravePoint’s 2013 revenues. BravePoint’s expertise and solid reputation in the [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) announced today that its subsidiary, Eight Flags Energy, LLC (“Eight Flags”), is pursuing the development and construction of a combined heat and power plant in Fernandina Beach on Amelia Island in Nassau County, Florida. The plant will be built on a site to be leased from [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) today announced that Dr. Ronald G. Forsythe Jr., President, Chief Operating Officer and Interim Chief Information Officer of Quality Health Strategies (“QHS”), was appointed to Chesapeake’s Board of Directors effective November 1, 2014. "We welcome the addition of Ron to our Board," said Ralph J. Adkins, [...]