GAAP earnings per share ("EPS")* reached $3.96 for 2019 2019 EPS from continuing operations was a record $3.72, an increase of $0.25 or 7.2 percent over 2018 Natural gas expansion projects, customer growth and conversions generated $18.3 million in additional gross margin** in 2019 Unregulated Energy acquisitions added $6.8 million in incremental gross margin in 2019 Boulden and Elkton Gas acquisitions along with pipeline expansion projects, expected to further enhance growth going forward Successfully exited the natural gas marketing business [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities” or the “Company”) today announced third quarter financial results. The Company's net income for the quarter ended September 30, 2019 was $5.6 million, compared to $5.5 million for the same quarter of 2018. Consolidated earnings per share ("EPS") for both quarters ended September 30, 2019 and 2018 was $0.34 per share. Net income for the nine months ended September 30, 2019 was $42.6 million, or $2.59 per share, compared to $38.8 million, or $2.36 per share, for the same period in 2018.

Chesapeake Utilities continues to generate strong financial and operational results Second quarter GAAP earnings increased to $0.50 per share* from $0.39, over prior year second quarter Year-to-date GAAP earnings increased to $2.25 per share from $2.03, over prior year Eastern Shore and Northwest Florida pipeline expansion projects contributed $3.7 million and $8.1 million in additional gross margin** during the second quarter and year-to-date December 2018 asset acquisitions of Marlin Gas Transport and Ohl contributed $1.1 million and $3.9 million in [...]

Chesapeake Utilities delivers strong financial and operational results in the first quarter GAAP net income increased by 6.7 percent to $28.7 million or $1.74 per share* compared to $1.64 per share for the first quarter of 2018 Adjusted (Non-GAAP)** earnings increased to $1.68 per share from $1.40 per share, representing 20.0 percent growth Gross margin** increased $10.1 million, or 11.1 percent Recently constructed pipeline projects contributed $4.3 million in gross margin and are expected to generate $24.0 million in gross [...]