News Archive
October
16, 2014 Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that the Florida Public Service Commission ("PSC") has approved a $3.75 million rate increase for electric customers of Florida Public Utilities Company ("FPU"), a Chesapeake subsidiary. The PSC approved the joint recommendation of FPU and the Office of Public Counsel ("OPC") to adopt the [...]
October
1, 2014 Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that it has sold its BravePoint, Inc. ("BravePoint") subsidiary, a provider of advanced information technology services and solutions, to Progress Software Corporation ("Progress") for approximately $12 million in cash, which represents approximately 0.63 times BravePoint’s 2013 revenues. BravePoint’s expertise and solid reputation in the [...]
September
19, 2014 Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) announced today that its subsidiary, Eight Flags Energy, LLC (“Eight Flags”), is pursuing the development and construction of a combined heat and power plant in Fernandina Beach on Amelia Island in Nassau County, Florida. The plant will be built on a site to be leased from [...]
September
16, 2014 Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) (“Chesapeake”) today announced that Dr. Ronald G. Forsythe Jr., President, Chief Operating Officer and Interim Chief Information Officer of Quality Health Strategies (“QHS”), was appointed to Chesapeake’s Board of Directors effective November 1, 2014. "We welcome the addition of Ron to our Board," said Ralph J. Adkins, [...]
August
8, 2014 Dover, Delaware -- With August 11 just a few days away, Chesapeake Utilities Corporation (NYSE:CPK) and its family of businesses on Delmarva – Chesapeake Utilities, Eastern Shore Natural Gas, Sandpiper Energy and Sharp Energy, hopes this date on the calendar will serve as a natural reminder for residents to call 811 prior to any digging project to have underground utility lines marked.
August
7, 2014 Dover, Delaware – Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 8, 2014, at 10:00 a.m. ET to discuss the Company’s financial results for the second quarter ended June 30, 2014. The earnings press release will be issued on Thursday, August 7, 2014, before the market opens. To participate in [...]
August
7, 2014 At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.27 per share on the Company’s common stock. The $0.27 per share dividend will be paid on October 6, 2014 to all shareholders of record at the close of business on September 15, 2014. [...]
August
7, 2014 Second quarter net income increased to $5.1 million, or $0.53 per share Natural gas system expansions and other customer growth generated $2.1 million in additional gross margin Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today reported second quarter financial results. The Company's net income for the three months ended June 30, 2014 was $5.1 [...]
August
7, 2014 NORCROSS, GEORGIA - BravePoint®, Inc., a leader in software development, consulting and business intelligence solutions, has partnered with Genesis Concepts & Consultants (“GC&C”) to provide Imperium Management Solutions™ to government agencies. Imperium Management Solutions is a comprehensive system that allows end-to-end management for organizations seeking synergy throughout all units of the operation. The Imperium solution [...]
July
7, 2014 Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake") announced today that it has earned three Safety Achievement Awards from the American Gas Association ("AGA"). The 2013 Awards were presented at the AGA’s Operations Conference in Pittsburgh, PA. "The safety of our customers, communities and employees is our highest priority at Chesapeake," said Michael P. [...]
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