News Archive
May
4, 2023 Retiring Directors John R. Schimkaitis, Calvert A. Morgan, Jr., and Dianna F. Morgan Honored DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announces that the Board of Directors appointed Jeffry M. Householder, the Company’s president and chief executive officer, as chair of the Board and Thomas J. Bresnan as the independent lead director of [...]
May
3, 2023 Earnings per share ("EPS")* was $2.04 for the first quarter of 2023, compared to $2.08 for the first quarter of 2022 Customer consumption was significantly impacted by historically warmer temperatures during the first quarter of 2023, generating a $0.29 reduction in EPS Offsetting lower consumption, adjusted gross margin growth was driven by regulatory initiatives, [...]
May
3, 2023 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 $0.535 per share to $0.59 per share. The Board’s action raises the 2023 annualized dividend by $0.22 from $2.14 to $2.36 per share, [...]
April
14, 2023 DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, May 4, 2023, at 8:30 a.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2023. The earnings press release will be issued on Wednesday, May 3, 2023, after market close. To listen to [...]
April
13, 2023 DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Peninsula Pipeline Company Inc. (PPC), has completed an 11.3-mile expansion that will bring additional natural gas capacity to the Vero Beach, Florida, area. PPC partnered with another third-party utility, Florida City Gas (FCG), on the project. The project, which cost approximately [...]
February
22, 2023 Full year 2022 earnings per share ("EPS")* of $5.04, an increase of $0.31 or 6 percent, compared to $4.73 for the prior year EPS of $1.47 in the fourth quarter, an increase of $0.19 or 8 percent compared to $1.28 for the same period in the prior year Average Return on Equity ("ROE") in [...]
February
22, 2023 Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.535 per share on the Company’s common stock. The $0.535 per share dividend will be paid on April 5, 2023 to all shareholders of record at the close of business [...]
February
21, 2023 FPU Renewables LLC will construct, own and operate facility at Full Circle Dairy DOVER, Del. – FPU Renewables, LLC today announced plans to construct, own and operate a dairy manure renewable natural gas (RNG) facility at Full Circle Dairy in Madison County, Florida. FPU Renewables and its parent, Florida Public Utilities Company, are subsidiaries of [...]
February
13, 2023 DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced that it is a 2023 Top Workplaces USA award recipient for mid-sized companies for the third consecutive year. “Being named a Top Workplace for the third consecutive year confirms what we at Chesapeake Utilities Corporation already know,” said Jeff Householder, president and CEO. “Our employees are engaged and [...]
February
8, 2023 DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 23, 2023, at 8:30 a.m. ET to discuss the Company’s financial results for the fourth quarter and full year ended December 31, 2022. The earnings press release will be issued on Wednesday, February 22, 2023, after market close. [...]