Uncategorized News
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES QUARTERLY DIVIDEND – 60 YEARS OF CONSECUTIVE DIVIDENDS PAID
Dover, Delaware – Today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.44 per share on the Company’s common stock. The $0.44 per share dividend will be paid on April 5, 2021 to all shareholders of record at the close of business March 15, 2021. For 60 years, Chesapeake has paid dividends to its shareholders without interruption. During those 60 years, Chesapeake has either maintained or increased its annualized dividend. Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas transmission and distribution; electricity generation and distribution; propane gas distribution; [...]
CHESAPEAKE UTILITIES CORPORATION TO HOST CONFERENCE CALL TO REVIEW FOURTH QUARTER AND ANNUAL 2020 FINANCIAL RESULTS
Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Thursday, February 25, 2021, at 4:00 p.m. ET to discuss the Company’s financial results for the fourth quarter and year ended December 31, 2020. The earnings press release will be issued on Wednesday, February 24, 2021, after the market closes. To participate in this call, dial 877.224.1468 and reference Chesapeake Utilities Corporation’s 2020 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 Announces $75 Million At-The-Market Equity Offering Program
Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake Utilities” or the “Company”) today announced that it has established an at-the-market equity offering program (the “ATM Program”) under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $75,000,000 (the “Shares”). Chesapeake Utilities has entered into an equity distribution agreement with each of RBC Capital Markets, LLC, BofA Securities, Wells Fargo Securities, LLC, Janney Montgomery Scott LLC, Guggenheim Securities, LLC, Maxim Group LLC, Sidoti & Company, LLC, and Siebert Williams Shank & Co., LLC (collectively, the “Sales Agents”), as sales [...]
Chesapeake Utilities Corporation Partners with Atlanta Gas Light to Build CNG Filling Station at Port of Savannah
DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities or the Company) today announced that the Company has entered into an agreement with Atlanta Gas Light (AGL), a wholly-owned subsidiary of Southern Company Gas, for AGL to construct and maintain a compressed natural gas (CNG) filling station at the Port Fuel Center located in Port Wentworth near the Port of Savannah in Georgia. The station will provide a strategic staging area and CNG supply source for the Company’s Marlin Gas Services subsidiary’s (Marlin) CNG virtual pipeline operations. Marlin is a premier North American supplier of mobile CNG utility and pipeline natural [...]
Chesapeake Utilities Corporation Named Top Workplace for Ninth Consecutive Year
Company one of only two companies to receive the honor nine consecutive years DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that the Company has been recognized as a …
Fortistar Rumpke Waste Recycling and Chesapeake Utilities Corporation Announce Renewable Fuel Project in Ohio
NEW OHIO-BASED RENEWABLE FUEL PROJECT AIMS TO CAPTURE THE EQUIVALENT OF NEARLY 50K TONS OF CARBON TO DISPLACE DIESEL AND FUEL 725 BIOFUEL TRUCKS Fortistar, Rumpke Waste & Recycling and Chesapeake Utilities Corporation Announce $33 Million Project to Address Global Climate Change WHITE PLAINS, N.Y. (September 17, 2020) – Fortistar, a privately-owned investment firm that addresses global challenges, and Rumpke Waste & Recycling, one of the nation’s largest privately-owned residential and commercial waste and recycling firms, announced commencement of construction of the Noble Road Landfill Renewable Natural Gas (RNG) Project, a $33 million transportation decarbonization project in Shiloh, Ohio. The [...]
CHESAPEAKE UTILITIES CORPORATION ANNOUNCES DEFINITIVE MERGER AGREEMENT TO ACQUIRE GATHERCO, INC.
— Transaction Valued at approximately $59.2 million — Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or "Company") and Gatherco, Inc. ("Gatherco") today announced that they have entered into a merger agreement, dated as of January 30, 2015 under which Chesapeake Utilities will acquire Gatherco. Upon consummation of the transaction, Gatherco will merge into Aspire Energy of Ohio, LLC ("Aspire Energy"), a wholly-owned subsidiary of Chesapeake Utilities. The transaction was approved by the Gatherco Board of Directors and by Chesapeake Utilities’ Merger and Acquisition Committee. The merger, which is expected to close in the second quarter of [...]
