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Dover, Delaware – The Company announced today that members of Management of Chesapeake Utilities Corporation (NYSE: CPK) will present and host one-on-one meetings with investors at the Sidoti December Virtual Investor Conference taking place on December 6-7, 2023. The presentation will begin at 1:00 pm ET on Wednesday, December 6, 2023 and can be accessed [...]

DOVER, DELAWARE (November 10, 2023) – Chesapeake Utilities Corporation (NYSE: CPK) today announced the pricing of an underwritten public offering of 3,859,649 shares of its common stock at an offering price of $85.50 per share. In connection with the offering, the underwriters have been granted a 30-day option to purchase up to 578,947 additional [...]

DOVER, DELAWARE  – Chesapeake Utilities Corporation (NYSE: CPK) today announced the commencement of an underwritten public offering of $330,000,000 of shares of its common stock. Chesapeake also intends to grant the underwriters of the offering a 30-day option to purchase up to $49,500,000 of additional shares of the Company's common stock. The net proceeds from [...]

Earnings per share ("EPS")* for the third quarter of 2023 was $0.53 compared to $0.54 per share for the third quarter of 2022 Adjusted EPS** for the third quarter of 2023, which excludes transaction-related expenses attributable to the announced acquisition of Florida City Gas ("FCG"), increased by 28 percent to $0.69 compared to $0.54 per [...]

Dover, Delaware – At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.59 per share on the Company’s common stock. The $0.59 per share dividend will be paid on January 5, 2024 to all shareholders of record at the close of business [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) continues to advance the lower-carbon economy transition as an industry anchor partner with the Mid-Atlantic Clean Hydrogen Hub (MACH2TM). The Department of Energy (DOE) announced on Oct. 13 that the MACH2TM was one of seven regional hydrogen hubs selected to receive an allocated share of the $7 [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) today announced that its subsidiary, Eastern Shore Natural Gas Company (ESNG), plans to invest $80 million in the Worcester Resiliency Upgrade project, a planned liquefied natural gas storage facility in Bishopville, Maryland. The proposed peaking storage facility will include five low-profile 100,000-gallon horizontal storage tanks on a [...]

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 3, 2023, at 8:30 a.m. ET to discuss the Company’s financial results for the third quarter ended September 30, 2023. The earnings press release will be issued on Thursday, November 2, 2023, after market close. To listen to the [...]

Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) has announced its designation as a 2023 Champion of Board Diversity by The Forum of Executive Women, joining other companies such as Campbell Soup Company, DuPont de Nemours, Rite Aid and WSFS Financial. In collaboration with PwC, the Forum reviews companies in the Philadelphia region that support [...]

Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) has officially filed for approval of an innovative energy efficiency program aimed at reducing carbon emissions and fostering sustainability in the state of Delaware. The application was submitted to the Delaware Public Service Commission (PSC) in September, marking a significant milestone in the Company's ongoing commitment [...]