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CHESAPEAKE UTILITIES CORPORATION REPORTS SECOND QUARTER 2019 RESULTS

Chesapeake Utilities continues to generate strong financial and operational results Second quarter GAAP earnings increased to $0.50 per share* from $0.39, over prior year second quarter Year-to-date GAAP earnings increased to $2.25 per share from $2.03, over prior year Eastern Shore and Northwest Florida pipeline expansion projects contributed $3.7 million and $8.1 million in additional gross margin** during the second quarter and year-to-date December 2018 asset acquisitions of Marlin Gas Transport and Ohl contributed $1.1 million and $3.9 million in [...]

2019-08-08T00:00:00-04:00

CHESAPEAKE UTILITIES CORPORATION REPORTS FIRST QUARTER 2019 RESULTS

Chesapeake Utilities delivers strong financial and operational results in the first quarter GAAP net income increased by 6.7 percent to $28.7 million or $1.74 per share* compared to $1.64 per share for the first quarter of 2018 Adjusted (Non-GAAP)** earnings increased to $1.68 per share from $1.40 per share, representing 20.0 percent growth Gross margin** increased $10.1 million, or 11.1 percent Recently constructed pipeline projects contributed $4.3 million in gross margin and are expected to generate $24.0 million in gross [...]

2019-05-08T00:00:00-04:00

Chesapeake Utilities Corporation Announces Executive Appointments

DOVER, DE – Chesapeake Utilities Corporation (NYSE: CPK) announced today several recent promotions and new officer appointments. “Our Company’s strong foundation for growth is directly attributable to the hard work and dedication of our employees,” said Jeff Householder, President and Chief Executive Officer of Chesapeake Utilities Corporation. “These promotions better position the Company for future growth and these leaders have demonstrated a constant commitment to serve our employees, customers, communities and other external stakeholders.” Beth W. Cooper has been promoted [...]

2019-03-05T00:00:00-05:00

CHESAPEAKE UTILITIES CORPORATION ANNOUNCES THE APPOINTMENT OF JEFFRY M. HOUSEHOLDER AS PRESIDENT, CHIEF EXECUTIVE OFFICER AND DIRECTOR

Dover, Delaware — Chesapeake Utilities Corporation (NYSE: CPK) today announced that its Board of Directors has appointed Jeffry M. Householder, currently President of the Company’s Florida business unit, President and Chief Executive Officer (“CEO”), effective January 1, 2019. Concurrent with this promotion, the Company announced Mr. Householder’s appointment to the Board of Directors, also effective January 1, 2019. Mr. Householder succeeds Chesapeake’s current President and CEO, Michael P. McMasters, who will continue as a member of the Board of Directors. [...]

2018-12-20T00:00:00-05:00