Financial & Corporate News
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW FIRST QUARTER 2017 FINANCIAL RESULTS
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 5, 2017, at 10:30 a.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2017. The earnings press release will be issued on Wednesday, May 3, 2017, before the market opens. To participate in this call, dial 855.801.6270 and reference Chesapeake Utilities Corporation’s 2017 First Quarter Financial Results Conference Call. To access the replay recording of this call, please visit the Company’s website at CPK - Conference Call Audio Replay. Chesapeake Utilities Corporation is a diversified energy company engaged [...]
CHESAPEAKE UTILITIES CORPORATION PROMOTES JAMES F. MORIARTY TO SENIOR VICE PRESIDENT
Dover, Delaware – Michael P. McMasters, President and Chief Executive Officer of Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced that the Company’s Board of Directors recently promoted James F. Moriarty from the position of Vice President to Senior Vice President of Chesapeake Utilities Corporation and its subsidiaries. Mr. Moriarty, who also serves as Chesapeake Utilities’ General Counsel and Corporate Secretary, joined the Company in 2015. Mr. Moriarty is responsible for overseeing the Company’s legal affairs. In addition, Mr. Moriarty leads Chesapeake Utilities’ Security Council and Risk Management committees. “Mr. Moriarty is a trusted leader who has earned the respect [...]
CHESAPEAKE UTILITIES CORPORATION TO PARTICIPATE IN THE SEAPORT GLOBAL TRANSPORTS & INDUSTRIALS CONFERENCE
Dover, Delaware – The Company announced today that members of its Senior Management team will be participating in the Seaport Global Securities Transports & Industrials Conference in Coral Gables, Florida, on March 22 – 23, 2017. At the conference, potential investors will have the opportunity to meet one-on-one with Company representatives to learn more about the Company’s recent financial results and strategic growth initiatives. Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution, transmission, gathering and processing, and marketing; electricity generation and distribution; propane gas distribution; propane and crude oil wholesale marketing; and other businesses. Information [...]
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES INCREASED GRANT LEVELS FOR 2017 ENERGY BILL ASSISTANCE
DOVER, DELAWARE – Chesapeake Utilities Corporation (NYSE:CPK) (Chesapeake) today announced the availability of grants through its SHARING program, a non-profit organization that makes funds available to the Company’s natural gas and propane customers living on the Delmarva Peninsula who need financial assistance paying their gas bills or repairing their gas appliances. This year, income eligible grants for as much as $750 are available to those in need. In addition to the annual grant, a new, $100 grant is available for income eligible customers who complete an approved Energy Conservation course through First State Community Action Agency’s Community Energy Centers. First State's [...]
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES QUARTERLY DIVIDEND
Dover, Delaware – Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.305 per share on the Company’s common stock. The $0.305 per share dividend will be paid on April 5, 2017 to all shareholders of record at the close of business on March 15, 2017. Chesapeake has paid dividends to its shareholders without interruption for 56 years. During those 56 years, Chesapeake has either maintained or increased its annualized dividend. Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution, transmission, gathering and processing, and marketing; electricity generation [...]
CHESAPEAKE UTILITIES CORPORATION INITIATES NATURAL GAS SERVICE IN OCEAN CITY, MARYLAND
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities”) announced today that Sandpiper Energy (“Sandpiper” or “the Company”), a wholly-owned subsidiary, is now delivering natural gas to the Town of Ocean City, Maryland. The Company expects to make more than 250 conversions to natural gas for residents and business owners through the end of May, before the start of the tourism season. The upcoming Ocean City conversions are part of the Company’s ongoing initiative to increase the energy options for residents. “Our team is excited to have made progress in its commitment to providing natural gas to residents and [...]
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW 2016 FINANCIAL RESULTS
Chesapeake Utilities Corporation will host a conference call on Wednesday, March 1, 2017, at 10:30 a.m. ET to discuss the Company's financial results for the fourth quarter and year ended December 31, 2016.
CHESAPEAKE UTILITIES CORPORATION’S COMBINED HEAT AND POWER (CHP) PLANT NAMED “BEST CHP PROJECT OF THE YEAR”
Dover, Delaware – Power Engineering magazine has named the Chesapeake Utilities Corporation (NYSE: CPK) Eight Flags Energy Combined Heat and Power (CHP) Plant “Best CHP Project of the Year.” The award was announced during the POWER-GEN International exposition in Orlando, Florida on December 13. "This award is meant to recognize innovative and creative power projects that play a unique role in meeting local and regional demand for power,” said Power Engineering Editor-in-Chief Russell Ray. “The Eight Flags Energy CHP Plant goes above and beyond in meeting these standards." “The Eight Flags Energy CHP Plant is a strategic solution designed to [...]
ELAINE BITTNER, CHESAPEAKE UTILITIES CORPORATION, RECEIVES TOP INTERNATIONAL HONOR AS FEMALE EXECUTIVE OF THE YEAR AT 2016 STEVIE® AWARDS FOR WOMEN IN BUSINESS GalleryELAINE BITTNER, CHESAPEAKE UTILITIES CORPORATION, RECEIVES TOP INTERNATIONAL HONOR AS FEMALE EXECUTIVE OF THE YEAR AT 2016 STEVIE® AWARDS FOR WOMEN IN BUSINESS
ELAINE BITTNER, CHESAPEAKE UTILITIES CORPORATION, RECEIVES TOP INTERNATIONAL HONOR AS FEMALE EXECUTIVE OF THE YEAR AT 2016 STEVIE® AWARDS FOR WOMEN IN BUSINESS
Elaine Bittner, Senior Vice President of Strategic Development, Chesapeake Utilities Corporation (right) receives a Gold Stevie Award for Female Executive of the Year at the 2016 Stevie Awards for Women in Business – presented by Michael Gallagher, President of the Stevie Awards (left). Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) Senior Vice President of Strategic Development Elaine Bittner was named “Female Executive of the Year.” Ms. Bittner accepted the Gold Stevie Award during the 13th annual Stevie Awards for Women in Business, held in New York City on November 18, 2016. “Congratulations to Elaine and the other [...]
CHESAPEAKE UTILITIES CORPORATION EMPLOYEES PARTNER WITH LOCAL ORGANIZATIONS TO SUPPLY FAMILIES WITH THANKSGIVING MEALS
Chad Robinson, Milford Branch Director of the Food Bank of Delaware (right) accepts a donation made on behalf of Chesapeake Utilities Corporation, presented by Michael P. McMasters, Chesapeake Utilities Corporation President and Chief Operating Officer (left). Dover, Delaware – Chesapeake Utilities Corporation (Chesapeake Utilities) (NYSE: CPK) employees from Delaware, Florida, Ohio and Maryland spent the weeks leading up to Thanksgiving working with local community organizations to pack and distribute meals for families in need through the Company’s annual Thanksgiving for All program. In total, employees packaged and delivered more than 1,300 meals. Since the program began five years ago, the [...]
SANDPIPER ENERGY AGREES TO A MULTI-YEAR RATE REDUCTION FOR CUSTOMERS, NEW SERVICE OFFERINGS
Dover, Delaware — Sandpiper Energy, Inc., a wholly owned subsidiary of Chesapeake Utilities Corporation, announced today that the Public Service Commission of Maryland has approved a settlement agreement associated with its 2015 base rate case filing, which will result in a reduction in its delivery service rates over the next six years. The agreement also includes an introduction of several new service offerings, including a natural gas compression service for commercial customers and a program to support the use of propane or natural gas in multi-family housing. “Sandpiper Energy began conversions to natural gas for the majority of its customers [...]
CHESAPEAKE UTILITIES CORPORATION NAMED TOP WORKPLACE FOR FIFTH CONSECUTIVE YEAR
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced that the Company has been recognized as a Top Workplace in 2016 for the fifth consecutive year. The Top Workplaces award is sponsored by Workplace Dynamics, a research firm that specializes in organizational health and workplace engagement. According to the results, Chesapeake Utilities’ employees noted strong values and ethics, genuine appreciation, and confidence in the direction of the Company among the reasons they believe Chesapeake Utilities is a Top Workplace. “We are honored to be recognized as a Top Workplace again this year, making this the fifth year in [...]
CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER RESULTS
Chesapeake Utilities Corporation today reported third quarter financial results.
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES LARGEST NATURAL GAS PIPELINE EXPANSION IN COMPANY HISTORY
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Eastern Shore Natural Gas Company (ESNG), Chesapeake Utilities’ interstate natural gas transmission subsidiary, finalized precedent agreements with customers for its 2017 Expansion Project that will add significant firm transportation pipeline capacity in the region. “This project is the single largest expansion in Eastern Shore Natural Gas’ long history of providing safe, clean, domestic and affordable natural gas,” said Michael P. McMasters, Chesapeake Utilities Corporation President and Chief Executive Officer. “Our company continues to invest in energy infrastructure throughout the Mid-Atlantic area. This project will increase the firm [...]
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES QUARTERLY DIVIDEND
Today, the Board of Directors of Chesapeake Utilities Corporation declared a quarterly cash dividend of $0.305 per share on the Company’s common stock.
