News Archive
February
6, 2023 Gate station enhancement enables alternative fuels into pipeline delivery system DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announces the establishment of a fuel injection point in Yulee, Florida, that enables the receipt of renewable natural gas (RNG) and supports the growing demand for energy from increased residential and commercial needs in Nassau County. The injection point [...]
January
30, 2023 Project Supports Continued Expansion of Wildlight Development DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that it received approval from the Florida Public Service Commission to provide natural gas service to approximately 4,000 new residences and businesses in the Nassau County, Florida, Wildlight development. Florida Public Utilities (FPU), a Chesapeake Utilities subsidiary, already serves approximately 1,500 [...]
January
23, 2023 New Infrastructure Supports Peak Service Demands on Delmarva Peninsula DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Eastern Shore Natural Gas (ESNG), has received approval from the Federal Energy Regulatory Commission (FERC) to construct a new compressor unit at its existing facility in Sussex County, Delaware. The new compressor and associated infrastructure [...]
December
16, 2022 DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its subsidiary, Florida Public Utilities (FPU), has acquired the propane operating assets of Hernando Gas, based in Hernando, Florida. Through this acquisition, the Company expands its operating footprint further into Florida, where customers will be served by FPU. “Propane’s reliability, versatility and superior performance make [...]
December
12, 2022 Jim Moriarty named Top Attorney; Stacie Roberts named Top Woman in Business DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that Jim Moriarty, executive vice president, general counsel, corporate secretary and chief policy and risk officer, was selected as one of Attorney Intel’s Top 50 Attorneys of Washington, D.C., and Stacie Roberts, [...]
November
9, 2022 Yulee, Fla. – Florida Public Utilities (FPU) and Sharp Energy, subsidiaries of Chesapeake Utilities Corporation, are actively monitoring and preparing for Tropical Storm Nicole, which is expected to impact the companies’ service territories. Both companies are adjusting Company staffing and preparing electric, natural gas and propane personnel in Florida and in our service areas outside of Florida [...]
November
8, 2022 Yulee, Fla. – Florida Public Utilities (FPU), a subsidiary of Chesapeake Utilities Corporation, is actively monitoring and preparing for Subtropical Storm Nicole, which is expected to impact FPU’s service territory. Emergency response and recovery plans have been activated to ensure a safe and efficient restoration of services, should that be necessary. The restoration priority plan calls for [...]
November
7, 2022 Proprietary poultry waste technology expands the Company’s waste-to-energy capabilities DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that it purchased 100% of the membership interest of Planet Found Energy Development, LLC (PFED) for $9.4 million. PFED is a Maryland-based entity formed by Delmarva-based scientists, farmers and business people dedicated to developing poultry [...]
November
3, 2022 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 January 5, 2023 to all shareholders of record at the close of business [...]
November
2, 2022 Year-to-date earnings per share ("EPS")* of $3.58, an increase of $0.13 or 8 percent, compared to $3.45 in the prior year period EPS of $0.54 in the third quarter, with year-over-year growth impacted by one-time, non-recurring items in the third quarter of 2021 and rising interest rates in 2022 Higher performance during the first nine [...]