Uncategorized News

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced that Michael (Mike) Cassel has been promoted to senior vice president, strategic development, effective Jan. 2. In this role, Cassel leads the business development, external affairs and strategic planning groups to enhance the Company’s ability to identify emerging opportunities, expand community partnerships and develop long-range strategies that support sustainable growth. “Mike has played a pivotal role in our growth for many years and is well-positioned to guide the next level of our business development and strategic analysis work, as we continue to execute on our significant capital investment and growth plans. [...]

Dover, Del. - Chesapeake Utilities Corporation (NYSE: CPK) has been recognized as Employer Champion of the Year for Kent County by the Delaware Department of Labor’s Division of Vocational Rehabilitation and State Rehabilitation Council. This recognition celebrates employers who go above and beyond to promote accessibility and inclusion in the workplace and to help build equitable environments where all employees can succeed. It underscores Chesapeake Utilities’ commitment to employees and our communities and our ongoing efforts to create a workplace where every team member at all levels across the company can reach new heights. “Being recognized as Employer Champion of [...]

Net income and earnings per share ("EPS")* were $19.4 million and $0.82, respectively, for the third quarter of 2025 and $94.2 million and $4.03, respectively, for the nine months ended September 30, 2025 Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $19.5 million and $0.82, respectively, for the third quarter of 2025 and $94.9 million and $4.06, respectively, for the nine months ended September 30, 2025 Adjusted gross margin** growth of $15.2 million and $49.3 million, respectively, for the three- and nine-month periods ended September 30, 2025 [...]

Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.685 per share on the Company’s common stock. The $0.685 per share dividend will be paid on January 5, 2026 to all shareholders of record at the close of business on December 15, 2025. With this dividend, Chesapeake Utilities will have paid dividends to its shareholders without interruption for 65 years and since 2004, has increased its annualized dividend every year. About Chesapeake Utilities Corporation Chesapeake Utilities Corporation is a diversified energy delivery company, listed on [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 7, 2025, at 8:30 a.m. ET to discuss the Company’s financial results for the third quarter and nine months ended September 30, 2025. The earnings press release will be issued on Thursday, November 6, 2025, after market close. To listen to the Company’s conference call via live webcast, please register here prior to the call. The accompanying presentation will also be available in the registration link for listeners to follow along during the webcast. For investors and analysts that wish to participate by phone [...]

Dover, Del. – For the sixth consecutive year, two Chesapeake Utilities Corporation (NYSE: CPK) businesses have been recognized as Stars of Delaware, voted on by Daily State News’ readers. Chesapeake Utilities, which provides natural gas distribution across much of the Delmarva Peninsula, was named Best Natural Gas/Energy Provider, while Sharp Energy, the corporation’s propane distribution subsidiary, was awarded Best Propane Company. This year’s competition drew more than 44,000 votes and nominations from Daily State News readers across nearly 200 award categories, spotlighting the businesses and organizations that Delaware residents trust and value most. For more than a century, Chesapeake Utilities [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities” or the “Company”) today announced that Lisa Eden was appointed to serve as a member of the Company’s Board of Directors (the “Board”) effective Sept. 15, 2025. Ms. Eden joins the Board with extensive energy industry experience, having recently retired as senior vice president and chief financial officer after more than two decades of service at TXNM Energy, Inc. “On behalf of the entire Board, we are pleased to welcome Lisa,” said Tom Bresnan, the Board’s independent lead director. “Her financial acumen and deep experience in the energy sector will enhance [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) reaffirmed its commitment to advancing women in the energy industry through its continued support of the Florida's Women in Energy Leadership Forum (FWELF), which marked its 10th anniversary Aug. 25-27 at the Four Seasons Orlando Resort. Chesapeake Utilities has been an integral part of FWELF since its founding in 2015, contributing through participation, presentations and sponsorships. The forum was founded by Lila A. Jaber, former chair of the Florida Public Service Commission and current member of Chesapeake Utilities’ board of directors. FWELF highlights the leadership and contributions of women in Florida’s [...]

The state-of-the-art safety facility accelerates emergency response and coordination for employees and first responders DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) proudly marked the five-year anniversary of its Safety Town training facility today with a celebratory event that brought together employees, first responders, government officials and community partners. The event, held at the Safety Town facility in Dover, Delaware, highlighted the Company’s continued commitment to safety, education and community collaboration. Since its launch in 2020, Safety Town has served as a premier training ground for natural gas safety, offering immersive, hands-on learning environments for employees, emergency responders, utility professionals [...]

Net income and earnings per share ("EPS")* were $23.9 million and $1.02, respectively, for the second quarter of 2025 and $74.8 million and $3.22, respectively, for the six months ended June 30, 2025 Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $24.3 million and $1.04, respectively, for the second quarter of 2025 and $75.4 million and $3.25, respectively, for the six months ended June 30, 2025 Adjusted gross margin** growth of $16.2 million and $34.1 million, respectively, for the three- and six-month periods ended June 30, [...]

Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.685 per share on the Company’s common stock. The $0.685 per share dividend will be paid on October 6, 2025 to all shareholders of record at the close of business on September 15, 2025. Chesapeake Utilities has paid dividends to its shareholders without interruption for 64 years and since 2004, has increased its annualized dividend every year. About Chesapeake Utilities Corporation: Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) is proud to announce that it has been named Best for Corporate Governance in the United States by World News Media Ltd.’s World Finance, an international publication. This recognition celebrates Chesapeake Utilities Corporation's steadfast commitment to fostering a values-driven culture, upholding accountability at all levels and embracing a strategic approach that promotes safety, operational excellence and affordability while enhancing long-term stakeholder value. This year’s recognition marks the third time Chesapeake Utilities Corporation has been named Best for Corporate Governance, and the second consecutive year receiving the accolade. Excellence in corporate governance [...]

DOVER, DE - Chesapeake Utilities Corporation (NYSE: CPK) announced today that its Ohio subsidiary, Aspire Energy Express, LLC, has entered into an agreement with American Electric Power (AEP) to construct and operate an intrastate natural gas pipeline in central Ohio to serve a new fuel-cell facility, which will provide on-site electric power to a data center. As demand for distributed data infrastructure continues to rise, investments in data centers have accelerated. AEP is playing a leading role in supporting these developments by providing solutions to customers to meet their increasing power requirements. Chesapeake Utilities operates multiple energy infrastructure subsidiaries throughout [...]

Dover, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced the appointment of Abhijit (“Abhi”) Bhatwadekar as vice president and chief information officer (CIO), effective June 13, 2025. In his new role, Bhatwadekar will lead Chesapeake Utilities’ technology strategy and operations, with responsibility for IT infrastructure, enterprise applications, cybersecurity, data management and vendor partnerships. As CIO, he will play a critical role in aligning technology initiatives with business objectives, supporting the Company’s growth strategy and driving continued digital transformation across the organization. “Abhi brings deep experience in leading enterprisewide technology initiatives and delivering transformative business solutions,” said Jeff Householder, chair of [...]