News Archive
February
4, 2010 Sharp Energy, Inc., a subsidiary of Chesapeake Utilities Corporation, announced today its purchase of the operating assets of Virginia LP Gas, Inc., a propane distributor serving Northampton and Accomack Counties in Virginia.
November
23, 2009 Sharp Energy, a subsidiary of Chesapeake Utilities Corporation, is excited to announce that we have joined with Ocean Atlantic Associates to bring clean burning, environmentally friendly, propane gas service to their newest development, The Vineyards at Nassau Valley, located in Lewes, Delaware.
November
5, 2009 Chesapeake Utilities Corporation (NYSE: CPK) today announced financial results for the three months ended September 30, 2009. The Company generated net income of $308,000, or $0.04 per share (diluted), for the third quarter of 2009, compared to a net loss of $198,000, or $0.03 per share (diluted), for the third quarter of 2008.
November
4, 2009 At their meeting held on November 4, 2009, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.315 per share on the Company’s common stock, representing $1.26 per share on an annualized basis.
October
29, 2009 Chesapeake Utilities Corporation (NYSE: CPK) and Florida Public Utilities Company (NYSE AMEX: FPU) announced today the completion of their planned merger, effective yesterday, October 28, 2009. Florida Public Utilities is now a wholly owned subsidiary of Chesapeake.
October
22, 2009 Chesapeake Utilities Corporation (NYSE: CPK) and Florida Public Utilities Company (NYSE Amex: FPU) announced that their shareholders approved the proposed merger of the companies at separate meetings held today.
October
12, 2009 Chesapeake Utilities Corporation (NYSE: CPK) today announced that Glass, Lewis & Co. and PROXY Governance, Inc., two independent proxy advisory firms, have each recommended that Chesapeake shareholders vote “FOR” the strategic merger with Florida Public Utilities (NYSE Amex: FPU) at Chesapeake’s Special Meeting of Shareholders on October 22, 2009.
September
9, 2009 Natural gas prices for Chesapeake Utilities’ residential customers could decrease by 18 percent if the Delaware Public Service Commission approves the request. The Company filed an application to reduce its Gas Sales Service Rates for Delaware customers on September 4, 2009, and has requested the rate change to be effective for service rendered on or after November 1, 2009.
August
6, 2009 Chesapeake Utilities Corporation (NYSE: CPK) today announced net income of $806,000 for the second quarter of 2009, or $0.12 per share (diluted), compared to $1.8 million, or $0.27 per share (diluted), for the second quarter of 2008.
August
5, 2009 At their meeting held on August 5, 2009, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.315 per share on the Company’s common stock, representing $1.26 per share on an annualized basis.