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DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its propane subsidiary, Sharp Energy, has acquired the propane operating assets of Davenport Energy’s Siler City propane division. Through this acquisition, the Company expands its operating footprint further into North Carolina, where customers will be served by Sharp Energy’s Diversified Energy division. The acquisition [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Sharon Grant joined the Company as assistant vice president and diversity officer, effective June 6. Grant will oversee Chesapeake Utilities’ equity, diversity and inclusion (EDI) strategy and initiatives, including its EDI Council and employee resource groups, while also collaborating across the organization [...]

Dover, Delaware – The Company announced today that Jeff Householder, president and CEO, Beth Cooper, executive vice president, CFO, treasurer and assistant corporate secretary and Jim Moriarty, executive vice president, general counsel, corporate secretary and chief policy and risk officer of Chesapeake Utilities Corporation (NYSE: CPK) will be hosting a live webcast at 12:50 pm [...]

Andrena Burd will lead risk management Puru Buddha will lead enterprise applications DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) announced today that Andrena Burd has been promoted to assistant vice president to head the Company’s risk management department, and Puru Buddha has been promoted to assistant vice president of enterprise applications. [...]

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 $0.48 per share to $0.535 per share. The Board’s action raises the 2022 annualized dividend by $0.22 from $1.92 to $2.14 per share, an [...]

Earnings per share ("EPS")* was $2.08 for the first quarter of 2022, an increase of $0.12, or 6.1 percent, compared to $1.96 for the first quarter of 2021 Quarter-over-quarter growth driven primarily by the acquisition of Diversified Energy, pipeline expansions, natural gas organic growth, regulatory initiatives and higher earnings in the Company's unregulated businesses Continued [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that it is in the final pre-construction stage associated with a $6.3 million capital project  that would expand infrastructure to serve new customers from Sussex County, Delaware, to northern Ocean City, Maryland, while also increasing the reliability of the existing distribution system in those areas. [...]

Dover, Del. – Employees from Chesapeake Utilities Corporation (NYSE: CPK) (Chesapeake Utilities) partnered with employees from Chesapeake Utilities, the Company’s natural gas distribution system on the Delmarva Peninsula, and Sharp Energy, the Company’s propane distribution subsidiary, to join DART (Delaware Authority for Regional Transit) for a “Stuff the Bus” food drive on April 25 at Chesapeake [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Wednesday, May 4, 2022, at 4:00 p.m. ET to discuss the Company’s financial results for the first quarter ended March 31, 2022. The earnings press release will be issued on Tuesday, May 3, 2022, after market close. To participate in this [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today that its affiliate Marlin Compression opened a high-capacity compressed natural gas (CNG) truck and tube trailer fueling station in Port Wentworth, Georgia. The facility is one of the largest public access CNG stations on the East Coast. In addition to CNG, the new fueling station [...]