Uncategorized News

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) today announced that executive vice president and chief financial officer Beth Cooper will retire on June 30, 2026, following 36 years with the Company. Senior vice president and chief operating officer Jeff Sylvester, who began his career with Chesapeake Utilities in 2004 serving in finance and business development roles, will succeed Cooper, effective July 1, 2026. Cooper joined Chesapeake Utilities in 1990 and held numerous roles in the financial and strategic planning areas of the Company until she was named CFO in September 2008. Throughout her tenure, she advanced the Company’s strategy [...]

BusinessRate Best of Award reflects the trust of customers across the Wilmington community. DOVER, Del. – Sharp Energy, a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK) has been recognized as Best Propane Supplier in Wilmington, North Carolina, for 2026 as part of the BusinessRate Best of 2026 Awards, which highlight top local businesses for customer satisfaction, brand reputation and service excellence. The BusinessRate Best of 2026 Awards celebrate businesses that demonstrate consistent excellence and strong customer relationships, helping consumers identify trusted local service providers in their communities. The awards are determined using real Google reviews from customers, analyzed through [...]

DOVER, Del. — Chesapeake Utilities Corporation (NYSE: CPK) and its subsidiary Florida City Gas announced a $500,000 sponsorship commitment to support the Rockledge Department of Safety Regional Training Center, reinforcing their shared commitment to safety, emergency preparedness and ongoing community engagement across Florida’s Space Coast. Safety is central to Chesapeake Utilities Corporation and Florida City Gas operations, from maintaining natural gas systems to supporting emergency response and community resilience. Florida City Gas has served communities across Florida since the 1940s, with safety embedded in its operations through ongoing investment in training, system integrity and emergency preparedness. That commitment is [...]

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 April 6, 2026, to all shareholders of record at the close of business on March 16, 2026. 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 [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 26, 2026 at 8:30 a.m. ET to discuss the Company’s financial results for the fourth quarter and full year ended December 31, 2025. The earnings press release will be issued on Wednesday, February 25, 2026, 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 [...]

Energy infrastructure to support Delaware’s largest school construction project. DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) and The Sussex County Vocational Technical School District (SCVTSD) announced plans to provide natural gas service to the new Sussex Technical High School campus currently under construction in Sussex County, Delaware. The new campus represents the largest school construction initiative in Delaware history, with an estimated cost of approximately $249 million. Construction is underway on a new 400,000+‑square‑foot, three‑story academic facility adjacent to the existing campus. The new building will increase student capacity from approximately 1,375 to 1,800 high school students and 3500+ [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced that subsidiaries Florida City Gas and Florida Public Utilities have been recognized as 2025 Utility Customer Champions by Escalent, a leading data analytics and advisory firm serving the energy and utility industry. The two utilities are among just 36 providers nationwide honored for delivering exceptional service and demonstrating a strong commitment to customer satisfaction. “These honors reflect the strength of our teams and our shared commitment to delivering safe, reliable, customer‑focused service every day,” said Jeff Sylvester, senior vice president and chief operating officer. The Utility Customer Champion designation is based [...]

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 [...]