Financial & Corporate News
Chesapeake Utilities Corporation Welcomes Greg Robinson as Director of Corporate Security
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Greg Robinson has joined the Company as Director of Corporate Security. In this role, he will be responsible for the direction and planning of corporate security, physical security systems, government intelligence coordination and coordination of business continuity programs for Chesapeake Utilities. Mr. Robinson brings over 30 years of broad based security and protection experience to Chesapeake Utilities. He is skilled in critical system and executive protection, international security, corporate safety policy, law enforcement, public safety and cyber investigation. He also has experience with risk/vulnerability assessments, strategic planning [...]
CHESAPEAKE UTILITIES CORPORATION WELCOMES SHERI RICHARD AS VICE PRESIDENT OF RATES AND REGULATORY AFFAIRS
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Sheri Richard has joined the Company as Vice President of Rates and Regulatory Affairs. In this role, she will manage Chesapeake’s rates and regulatory affairs and communicate the Company’s position on business and regulatory matters to various governmental authorities. Ms. Richard will be directly responsible for handling government relations with the Federal Energy Regulatory Commission (FERC) and the Delaware and Maryland Public Service Commissions. Ms. Richard brings over 16 years of broad based regulatory experience in the energy industry to Chesapeake Utilities including case management, testimonials, strategy, [...]
Chesapeake Utilities Corporation’s Natural Gas Transmission Subsidiary Begins Regulatory Process For Its 2017 Expansion Project
Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities” or the “Company”) today announced that its natural gas transmission subsidiary, Eastern Shore Natural Gas Company (“Eastern Shore”), submitted a request to the Federal Energy Regulatory Commission (the “FERC”) on May 12, 2016 to initiate FERC’s pre-filing procedures for Eastern Shore’s proposed 2017 Expansion Project. Read more >>
Chesapeake Utilities Corporation Reports First Quarter Results
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities” or the “Company”) today reported first quarter financial results. The Company's net income for the quarter ended March 31, 2016 was $20.4 million, or $1.33 per share. Read More>>
Chesapeake Utilities Corporation Raises Dividend By 6.1 Percent
Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) voted to increase the quarterly cash dividend on the Company’s common stock from $0.2875 per share to $0.305 per share. The Board’s action raises the annualized dividend $0.07 per share from $1.15 per share to $1.22 per share, which represents a 6.1 percent increase. The $0.305 per share dividend will be payable July 5, 2016 to all shareholders of record at the close of business on June 15, 2016. Read More>>
Chesapeake Utilities Corporation To Host Conference Call To Review First Quarter 2016 Financial Results
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, May 6, 2016, at 10:30 a.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2016. The earnings press release will be issued on Wednesday, May 4, 2016, before the market opens. Read more >>
Chesapeake Utilities Corporation Welcomes Naimul Islam as VICE PRESIDENT AND CORPORATE CONTROLLER
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) announced today that Naimul Islam has joined the Company as Vice President and Corporate Controller. In this role, he will manage all of Chesapeake’s accounting operations, including corporate accounting, internal and external financial reporting, business unit accounting, accounts payable, capital accounting, income taxes and shared services-accounting. Mr. Islam has over 20 years of broad based experience in accounting, financial reporting and governance, technical accounting research, operational finance, budgeting, forecasting, enterprise risk management, performance management and benchmarking, finance organizational transformation and financial systems planning. He has experience with several regulated and unregulated [...]
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW 2015 FINANCIAL RESULTS
Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, February 26, 2016, at 10:30 a.m. ET to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2015. The earnings press release will be issued on Thursday, February 25, 2016, before the market opens. Read more >>
CHESAPEAKE UTILITIES CORPORATION RECOGNIZED AS TOURISM PARTNER OF THE YEAR FOR KENT COUNTY
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) has been recognized as the “Tourism Partner of the Year” for its work within the Kent County community, specifically for its support of events and programs that benefit tourism in the county, including the Dover Days Festival and the Amish Country Bike Tours. The award was presented by the Kent County Tourism Office during the 25th annual Celebration of Tourism in Kent County on November 6 at the Duncan Center in Dover, Delaware.
Chesapeake Utilities Corporation donates $26,500 and 1,000 meals towards Food Bank of Delaware “Thanksgiving for All” food distribution
Milford, Delaware - Thanks to a $26,500 donation from Chesapeake Utilities Corporation (“Chesapeake”) and the generosity of its employee volunteers who helped distribute 1,000 Thanksgiving meal boxes, more Delaware families will be able to enjoy Thanksgiving dinner this year.
CHESAPEAKE UTILITIES CORPORATION APPOINTS JOSEPH D. STEINMETZ TO ASSISTANT VICE PRESIDENT
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) announced today that the Board of Directors appointed Joseph D. Steinmetz as Assistant Vice President at their meeting earlier this month.
CHESAPEAKE UTILITIES CORPORATION REPORTS HIGHER EARNINGS FOR THE SECOND QUARTER
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today reported second quarter financial results. The Company's net income for the three months ended June 30, 2015 was $6.3 million, or $0.41 per share. This represents an increase of $1.2 million, or $0.06 per share, over the same quarter in 2014. Included in the Company's results for the current quarter was a non-recurring $1.5 million pre-tax gain ($900,000 after-tax gain, or $0.06 per share), related to cash received from a settlement with a vendor in connection with a customer billing system implementation. Read more >>
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES QUARTERLY DIVIDEND
Dover, Delaware -- The Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) has declared a quarterly cash dividend of $0.2875 per share on the Company’s common stock. The $0.2875 per share dividend will be paid on October 5, 2015 to all shareholders of record at the close of business on September 15, 2015. The Board of Directors increased the quarterly dividend by 6.5% in May of 2015, reaffirming their commitment to dividend growth that is supported by earnings growth. 2015 represents the 54th consecutive year that Chesapeake has paid a dividend to its shareholders. In each of the 54 [...]
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW SECOND QUARTER 2015 FINANCIAL RESULTS
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 7, 2015, at 10:30 a.m. ET to discuss the Company’s financial results for the second quarter ended June 30, 2015. The earnings press release will be issued on Thursday, August 6, 2015, before the market opens. Read more >>
CHESAPEAKE UTILITIES CORPORATION NAMED CORPORATION OF THE YEAR BY CENTRAL DELAWARE CHAMBER OF COMMERCE
Chesapeake Utilities Corporation has been recognized by the Central Delaware Chamber of Commerce (CDCC) with the 2015 Excellence in Business Award for Corporation of the Year. Chesapeake Utilities Corporation employees accepting the award, front row, from left: Mike McMasters, President & Chief Executive Officer; Nicole Carter, Assistant Vice President of Customer Care; Elaine Bittner, Senior Vice President of Strategic Development; Denise Greig, Benefits Specialist; and Shane Breakie, Director of Energy Services. Back row: Dave Detrick, Commercial & Industrial Accounts Manager; Mike Clevens, Sales Representative: Jim Moore, Vice President; Bill O’Brien, Director of Pricing & Regulatory Affairs; and Steve Thompson, Senior [...]
