DOVER, DE – The Florida Public Service Commission has approved the settlement agreement between Florida Public Utilities Company (FPU), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), and the Office of Public Counsel (OPC). The settlement agreement, which was filed on October 17, 2018, reduces electric rates as a result of the federal Tax Cuts [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK), announced today the availability of grants through its SHARING program, a nonprofit organization that provides funds to the Company’s natural gas and propane gas customers living on the Delmarva Peninsula who need financial assistance to pay their gas bills or to repair their gas appliances. Annual grants for [...]

DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK), announced today, two executive appointments for the Company’s Delmarva natural gas distribution operations and mid-Atlantic propane gas distribution operation. Shane E. Breakie has been promoted to Assistant Vice President of Chesapeake Utilities. Mr. Breakie will assume expanded responsibilities regarding the day-to-day activities of the Company’s natural gas [...]

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today announced that its Board of Directors has appointed Jeffry M. Householder, currently President of the Company’s Florida business unit, President and Chief Executive Officer (“CEO”), effective January 1, 2019. Concurrent with this promotion, the Company announced Mr. Householder’s appointment to the Board of Directors, also effective [...]

DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK), announced today its acquisition of Marlin CNG Services (Marlin), a premier North American supplier of mobile compressed natural gas (CNG) utility and pipeline solutions. “With increased opportunities for mobile fuel and virtual pipeline solutions on the horizon, this acquisition aligns with our strategic plan as we expand [...]

Dover, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its propane subsidiary, Sharp Energy, Inc., has purchased the propane operating assets of R.F. Ohl Fuel Oil Inc. based in Lehighton, Pennsylvania. R.F. Ohl, a family-owned and operated company founded in 1984, has been providing propane service to more than 2,500 residential and commercial [...]

Dover, Delaware – Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.37 per share on the Company’s common stock. The $0.37 per share dividend will be paid on January 7, 2019 to all shareholders of record at the close of business on December 14, 2018. Chesapeake [...]

Third quarter net income totaled $5.5 million or $0.34 per share Eastern Shore Natural Gas Company (“Eastern Shore”) and Peninsula Pipeline Company (“Peninsula Pipeline”) expansions added $3.6 million in gross margin* for the quarter Continued growth in the natural gas transmission operations during the third quarter was offset by seasonality, slightly lower propane margins and [...]

DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) today announced that its Florida Public Utilities Company (FPU) subsidiary has restored electric service to all customers who are able to accept power following Hurricane Michael. The powerful storm was the first Category 4 hurricane on record to make landfall in the Florida Panhandle, bringing 155 mile-per-hour [...]

Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Monday, November 12, 2018, at 10:30 a.m. ET to discuss the Company’s financial results for the third quarter ended September 30, 2018. The earnings press release will be issued on Thursday, November 8, 2018, after the market closes. To participate in [...]