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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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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. [...]

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 [...]

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 [...]

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 [...]

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 [...]