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Chesapeake Utilities Corporation Announces Officer Promotions

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) announced today the promotions of six Company leaders, effective Jan. 1, 2022: Jeff Sylvester, promotion to Chief Operating Officer Kevin Webber, promotion to Chief Development Officer Michael Galtman, promotion to Senior Vice President and Chief Accounting Officer Mike Cassel, promotion to Vice President, Governmental and Regulatory Affairs Stacie Roberts, promotion to Vice President, Corporate Governance Lindsay Orr, promotion to Assistant Vice President and Associate General Counsel “I am proud to announce the latest changes to [...]

2021-12-21T10:58:32-05:00

Chesapeake Utilities Secures Sustainability Linked Financing for Capital Investments in Energy Delivery Solutions

DOVER, Del. – Chesapeake Utilities Corporation (NYSE: CPK) today announced that it has secured  $9.6 million in sustainability linked financing from Bank of America to fund capital investments in energy  delivery solutions provided by the Company’s Marlin Gas Services subsidiary.   Marlin Gas Services is one of the country’s leading providers of virtual pipeline solutions for gas utilities,  pipeline companies, industrial facilities and other customers. Marlin provides mobile gas delivery services  nationwide and specializes in meeting highly specific needs for complex [...]

2021-10-20T14:18:59-04:00

Chesapeake Utilities Corporation Reports First Quarter 2021 Results

Earnings per share ("EPS")* from continuing operations was $1.96 for the first quarter of 2021, an increase of $0.19, or 10.7 percent, compared to $1.77 for the first quarter of 2020 Strong performance driven by over $17 million in additional gross margin** for the quarter Natural gas expansion projects, regulatory initiatives and contributions from 2020 acquisitions generated $7.2 million in additional gross margin during the quarter Return to more normal temperatures in the first quarter of 2021 increased gross [...]

2021-05-06T12:11:47-04:00

Growth Strategy

Growth Strategy We have increased our gross margin across the enterprise through organic growth, new pipeline projects, acquisitions, start-ups, new product and service offerings and various strategic and regulatory initiatives. There are numerous investment opportunities in various stages of completion involving multiple business units. Most recently, three renewable natural gas initiatives have been announced and we are excited to collaborate with our business partners. Looking forward, continued investment growth in our [...]

2024-03-28T14:26:34-04:00

Eastern Shore Natural Gas

Click here to visit the Eastern Shore Natural Gas Main Site Eastern Shore Natural Gas Company (ESNG) is our natural gas interstate transmission subsidiary. ESNG owns and operates a 517-mile Federal Energy Regulatory Commission (FERC) regulated interstate transmission pipeline system that delivers natural gas from four upstream pipeline interconnection points in Pennsylvania and Delaware to customers along the Delmarva Peninsula, including Chesapeake Utilities’ distribution systems. Since the pipeline became Open Access in 1997, ESNG [...]

2023-10-09T13:54:39-04:00

CleanBay Renewables, Inc. Renewable Natural Gas Project

CleanBay Renewables, Inc. Renewable Natural Gas Project In July 2020, the Company and CleanBay Renewables Inc. ("CleanBay") announced a new partnership to generate renewable natural gas (RNG) on the Delmarva Peninsula. As part of this partnership, the Company will own the gas processing portion of the project and transport the RNG produced at CleanBay's planned Westover, Maryland bio-refinery, to the Company's natural gas infrastructure in the Delmarva Peninsula region; where the RNG will ultimately be delivered to the [...]

2022-08-04T11:37:55-04:00

Kevin M. McCrackin

Mr. McCrackin was appointed Assistant Vice President, RNG, LNG and Business Development in 2022. He was appointed Assistant Vice President of Business Development for Chesapeake Utilities Corporation and Vice President of Marlin Gas Services in May 2020. He joined the Company in 2018 as Director of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG). Mr. McCrackin is responsible for overseeing Marlin Gas Services, the Company’s mobile CNG transportation business, and the coordination of various business development activities company-wide. Prior [...]

2022-08-03T14:56:29-04:00

Compressed Natural Gas (CNG)

Compressed Natural Gas (CNG) We’ve partnered with Atlanta Gas Light to build a CNG filling station at the Port of Savannah in Georgia. The Savannah station serves local CNG fleets as well as renewable natural gas (RNG) fueled vehicles, including high capacity dispensers for fueling Class 8 trucks. The station aligns with our ongoing commitment to environmental responsibility by supplying clean-burning natural gas to fuel vehicles and making it available to customers with limited [...]

2022-07-29T14:31:57-04:00

Renewable Natural Gas (RNG)

Renewable Natural Gas (RNG) Expanding Sustainable Energy In Our Communities We are working toward offering our customers and communities innovative energy options that reduce greenhouse gas emissions and lower our carbon footprint. One way is through the development of renewable natural gas (RNG). We’ve partnered with several companies to help advance our RNG efforts. While each opportunity that advances our RNG strategy is unique, there are three common attributes: Because it’s derived from organic waste [...]

2022-07-18T13:16:18-04:00

Our Businesses

Our Businesses “We often find great investments that others miss or judge to be too small or not core to their business. One of the reasons we find these opportunities, is that we actively look for them. Our business development efforts are coordinated across all of our operating units. Many of our growth investments involve more than one of our businesses, such as constructing transmission pipelines that serve our distribution utilities, expanding our virtual pipeline services — which [...]

2023-12-01T09:43:38-05:00