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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 [...]

2021-07-01T09:39:59-04:00

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Safety and Reliability Report The safe, reliable delivery of essential energy services has been a hallmark of our more than 160-year history. Chesapeake Utilities Corporation’s Safety and Reliability Report details our priorities and our path to continuous improvement. Read It Here » 160+ years of providing energy 1,200+ employees 17 years of superior earnings growth

2024-04-30T13:41:28-04:00

CHESAPEAKE UTILITIES CORPORATION REPORTS THIRD QUARTER 2020 RESULTS

Earnings per share ("EPS")* was $0.56 for the third quarter of 2020 compared to $0.34 for the third quarter of 2019 Year-to-date EPS increased to $2.97 from $2.59, for the prior year period Third quarter and year-to-date EPS from continuing operations increased $0.18 and $0.29, respectively, over the corresponding periods in 2019 In September 2020, the Florida Public Service Commission approved a settlement agreement regarding final cost recovery and rates associated with Hurricane Michael, which generated $2.9 million in incremental [...]

2020-11-04T00:00:00-05:00

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 [...]

2020-08-24T00:00:00-04:00

CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2020 RESULTS

Earnings per share ("EPS")* was $0.66 for the second quarter of 2020 compared to $0.50 for the second quarter of 2019 Year-to-date EPS increased to $2.42 from $2.25, for the prior year period Second quarter and year-to-date EPS from continuing operations was $0.64 and $2.41, respectively, compared to $0.54 and $2.30, respectively, for the corresponding periods in 2019 Strong performance for the first half of 2020 driven by continued growth in the Company's businesses, the addition of the Boulden acquisition, [...]

2020-08-05T00:00:00-04:00

Chesapeake Utilities Corporation Partners with CleanBay Renewables to Increase Sustainable Energy in the Delmarva Community

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today announced a new partnership  with CleanBay Renewables Inc. (CleanBay), an enviro-tech company focused on the production of sustainable renewable natural gas, which will generate greenhouse gas credits associated with vehicular usage, and provide Chesapeake Utilities the opportunity to bring additional renewable natural gas to its Delmarva operations.  Under the arrangement, Chesapeake Utilities Corporation will transport the renewable natural gas produced at CleanBay’s planned Westover, Maryland bio-refinery, to Chesapeake Utilities’ natural gas [...]

2020-07-07T00:00:00-04:00

Chesapeake Utilities Corporation Announces Next Steps in its Sustainable Renewable Natural Gas Strategy

Dover, Delaware — Chesapeake Utilities Corporation (CPK), a NYSE-listed diversified energy delivery company, announced today that the Company is progressing on multiple opportunities that will advance its Renewable Natural Gas (RNG) strategy. The first such opportunity represents a partnership between Chesapeake Utilities and Bioenergy DevCo (BDC), a leading global developer of anaerobic digestion facilities that create renewable energy and healthy soil products from organic material.  The joint project involves removing excess organics from poultry waste and converting it into RNG. [...]

2020-06-18T00:00:00-04:00

Bioenergy Devco and Chesapeake Utilities Corporation Partner To Bring Renewable Natural Gas to Customers on the Delmarva Peninsula

Program uses excess poultry organics to create sustainable, carbon-negative energy source to augment utility portfolios COLUMBIA, MD – JUNE 4, 2020 – Bioenergy DevCo (BDC), a leading global developer of anaerobic digestion facilities that create renewable energy and healthy soil products from organic material, announced today that it has entered into an agreement with Chesapeake Utilities Corporation (CPK), a NYSE-listed diversified energy company, on a project to remove excess organics from the poultry industry and convert it into renewable natural [...]

2020-06-04T00:00:00-04:00

Chesapeake Utilities Corporation Announces New Officer Appointments

Danielle Mulligan DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK), announced today the appointment of Danielle Mulligan to Assistant Vice President of Communications and Marketing for Chesapeake Utilities Corporation and Kevin McCrackin to Assistant Vice President of Business Development for Chesapeake Utilities Corporation and Vice President of Marlin Gas Services. Ms. Mulligan is responsible for overseeing the Company’s communications campaigns to drive internal and external transparency, shape public and energy industry discussions and develop and enhance the Company’s [...]

2022-05-02T17:04:08-04:00

CHESAPEAKE UTILITIES CORPORATION REPORTS RECORD RESULTS FOR FISCAL YEAR 2019 AND UPDATES EARNINGS GUIDANCE

GAAP earnings per share ("EPS")* reached $3.96 for 2019 2019 EPS from continuing operations was a record $3.72, an increase of $0.25 or 7.2 percent over 2018 Natural gas expansion projects, customer growth and conversions generated $18.3 million in additional gross margin** in 2019 Unregulated Energy acquisitions added $6.8 million in incremental gross margin in 2019 Boulden and Elkton Gas acquisitions along with pipeline expansion projects, expected to further enhance growth going forward Successfully exited the natural gas marketing business [...]

2020-02-26T00:00:00-05:00