Financial & Corporate News
CHESAPEAKE UTILITIES CORPORATION AND CODE PURPLE PARTNER TO PROVIDE COATS FOR THOSE IN NEED THIS WINTER
Chesapeake Utilities Corporation today announced a partnership with Code Purple, a Delaware-based non-profit organization, to collect new and gently-used winter coats during the fall and winter months for individuals and families in need.
CHESAPEAKE UTILITIES CORPORATION HOLDS GROUNDBREAKING CEREMONY FOR NEW BUSINESS CAMPUS IN DOVER, DELAWARE
Chesapeake Utilities Corporation held a groundbreaking ceremony for their new Business Campus and CNG fueling station in Dover, Delaware. Pictured from left: Jeffry M. Householder, President, Florida Public Utilities Company and Peninsula Pipeline Company, Inc.; Nicole T. Carter, Assistant Vice President of Customer Care, Chesapeake Utilities Corporation; James F. Moriarty, Vice President, General Counsel & Corporate Secretary, Chesapeake Utilities Corporation; Beth W. Cooper, Senior Vice President, Chief Financial Officer & Assistant Secretary, Chesapeake Utilities Corporation; Stephen C. Thompson, Senior Vice President, Chesapeake Utilities Corporation and Chief Operating Officer, Eastern Shore Natural Gas Company and Sandpiper Energy, Inc.; Robin R. Christiansen, [...]
CHESAPEAKE UTILITIES CORPORATION PRICES PUBLIC OFFERING OF COMMON STOCK
Chesapeake Utilities Corporation today announced the pricing of an underwritten public offering of 835,207 shares of its common stock, at a price to the public of $62.26 per share.
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES COMMON STOCK OFFERING
Chesapeake Utilities Corporation announced today the commencement of an underwritten public offering of its common stock, with an aggregate value not to exceed $52 million.
CHESAPEAKE UTILITIES CORPORATION TO CELEBRATE COMMENCEMENT OF FIRST COMBINED HEAT AND POWER PLANT OPERATION
Dover, Delaware - Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) will celebrate the commencement of operations of its first combined heat and power (CHP) plant, Eight Flags Energy, on September 6 in Fernandina Beach, Florida with a scheduled commissioning event at the plant. During the commissioning event, officials representing the Florida Environmental Protection (FDEP), the State of Florida, Nassau County, the City of Fernandina Beach and the Public Service Commission will join the Company’s leadership and partners who helped construct the plant. The CHP plant will yield significant cost-savings for customers on Amelia Island, while reducing the risk of electric [...]
Chesapeake Utilities Corporation Kicks Off Fourth Annual Summer Cares Program with the Food Bank of Delaware
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) announced its fourth annual Chesapeake Summer Cares Volunteer Program with more than 100 Delmarva employees and family members donating their time and energy at the Food Bank of Delaware’s Milford facility. For three days in August, employees from Chesapeake Utilities, Eastern Shore Natural Gas, Sharp Energy and the corporate office cleaned coolers, sorted donated canned goods and produce, and packed Summer Food Nutrition Program meals for kids in the community.
EASTERN SHORE NATURAL GAS RECEIVES FERC APPROVAL TO PROVIDE FIRM NATURAL GAS TRANSPORTATION SERVICE TO CALPINE’S GARRISON ENERGY CENTER
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities”) announced today that the Federal Energy Regulatory Commission (“FERC”) approved on July 21 the application by Eastern Shore Natural Gas (“ESNG”), Chesapeake Utilities’ interstate natural gas transmission subsidiary, to expand firm natural gas transportation service to Calpine Energy Services’ Garrison Energy Center in Dover, Delaware. ESNG will transport 45,000 dekatherms per day (“dt/d”) of natural gas to service Calpine’s 309 MW electric generation plant. “This project is an example of our ability to provide clean natural gas thereby generating long-term value for our customers, investors, employees and our communities,” said [...]
EASTERN SHORE NATURAL GAS RECEIVES FERC APPROVAL TO CONSTRUCT AND OPERATE NEW FACILITIES IN DELAWARE TO SUSTAIN SYSTEM RELIABILITY
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities’) announced today that the Federal Energy Regulatory Commission (“FERC”) has approved plans by Eastern Shore Natural Gas (“ESNG”), Chesapeake Utilities’ interstate natural gas transmission subsidiary, to construct pipeline and compression facilities to preserve the reliability and flexibility of its interstate pipeline system. The project is estimated to cost approximately $36 million. “The investment we are making in this project is part of our ongoing commitment to the reliability of our natural gas transmission infrastructure, benefiting energy consumers throughout our service territories,” said Michael P. McMasters, President and Chief Executive Officer [...]
CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER RESULTS
Chesapeake Utilities Corporation today reported second quarter financial results.
CHESAPEAKE UTILITIES CORPORATION TO HOST INVESTOR DAY ON AUGUST 11, 2016
Dover Delaware - Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities”) announced today that it will host an Investor Day on Thursday, August 11, 2016 in Amelia Island, Florida to discuss the Company's growth strategy, current businesses and financial results. The by-invitation event will be led by Michael P. McMasters, Chesapeake Utilities Corporation President and Chief Executive Officer, and will feature presentations by Chesapeake Utilities’ executive management team, including: Beth W. Cooper, Senior Vice President and Chief Financial Officer; Elaine B. Bittner, Senior Vice President of Strategic Development; Stephen C. Thompson, Senior Vice President; and Jeffry M Householder, President, Florida Public [...]
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.
CHESAPEAKE UTILITIES CORPORATION COMMENCES OPERATION OF EIGHT FLAGS ENERGY COMBINED HEAT AND POWER PLANT
Chesapeake Utilities Corporation announced today that the Company commenced operation of its Eight Flags Energy Combined Heat and Power Plant on Amelia Island in Nassau County, Florida.
CHESAPEAKE UTILITIES CORPORATION EARNS TWO NATIONAL SAFETY AWARDS
Accepting the American Gas Association’s Achievement in Safety Award on behalf of Eastern Shore Natural Gas Company, from left: Bill Hermstedt, Operations Project Coordinator; Nick Bishop, Project Engineer; Mark Parker, Engineer Manager; Marianne Coker, Gas Control Manager; and Solomon McCloskey, Senior Manager, Gas Pipeline Operations. Barry Kennedy, Director, Gas Operations, accepts the American Gas Association’s Safety Achievement Award on behalf of Florida Public Utilities. Dover, Delaware - Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake) announced today that it has earned two Safety Achievement Awards from the American Gas Association (AGA). The Awards for 2015 were presented at the AGA’s Operations Conference [...]
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW SECOND QUARTER 2016 FINANCIAL RESULTS
Dover, Delaware - Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 5, 2016, at 10:30 a.m. ET to discuss the Company's financial results for the second quarter ended June 30, 2016. The earnings press release will be issued on Thursday, August 4, 2016, before the market opens. To participate in this call, dial 855.801.6270 and reference Chesapeake Utilities Corporation's 2016 Second 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 AND SHARP ENERGY HOLD RIBBON CUTTING CEREMONY FOR NEW SHARP ENERGY HEADQUARTERS AND AUTOGAS FUELING STATION IN GEORGETOWN, DELAWARE
Dover, Delaware -- Chesapeake Utilities Corporation (NYSE:CPK) (Chesapeake) and Sharp Energy Inc., its wholly-owned subsidiary, have opened the new Sharp Energy headquarters building and AutoGas fueling station in Georgetown, Delaware. The ribbon cutting ceremony was held June 30, 2016 at 22945 East Piney Grove Road, Georgetown, Delaware. The event was hosted by Chesapeake and Sharp Energy and attended by state, local and Company officials.