Ranked highest among natural gas utilities in the southern region.

DOVER, Del., Jan. 13, 2025 /PRNewswire/ -- Florida City Gas (FCG), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK), has been named a 2024 Customer Champion in a prestigious Cogent Syndicated report by Escalent, a leading data analytics and advisory firm specializing in the energy and utility sector.

The report evaluated 142 major utilities across the United States, highlighting FCG as one of the top 47 companies recognized for fostering strong and engaged customer relationships. Customer Champions named in the study also excelled in critical areas such as safety and reliability, environmental stewardship and community engagement.

DOVER, Del., Nov. 22, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that it has established an at-the-market equity offering program (the "ATM Program") under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $100,000,000 (the "Shares"). Chesapeake Utilities has entered into an equity distribution agreement with each of RBC Capital Markets, LLC, Barclays Capital Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., Guggenheim Securities, LLC, Citizens JMP Securities, LLC, M&T Securities, Inc., Maxim Group LLC, PNC Capital Markets LLC, and Siebert Williams Shank & Co., LLC (collectively, the "Sales Agents"), as sales agents. Pursuant to the equity distribution agreement, sales of the Shares may be made in transactions deemed to be "at-the-market offerings," as defined in Rule 415 under the Securities Act of 1933, as amended, including by sales made directly on or through the New York Stock Exchange. Chesapeake Utilities intends to use the proceeds from the sales, if any, of the Shares for general corporate purposes, including, but not limited to, financing of capital expenditures, repayment of short-term debt, financing acquisitions, investing in subsidiaries, and general working capital purposes.

DOVER, Del., Nov. 14, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) has announced its designation as a Champion of Board Diversity for a second consecutive year by The Forum of Executive Women (The Forum). This award annually honors the top public companies in the Philadelphia region with boards comprised of at least 30% women.

Chesapeake Utilities Corporation Recognized for Board Diversity for Second Consecutive Year

Net income and earnings per share ("EPS")* were $17.5 million and $0.78, respectively, for the third quarter of 2024, and $81.9 million and $3.66, respectively, for the nine months ended September 30, 2024Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $18.1 million and $0.80, respectively, for the third quarter of 2024 and $84.2 million and $3.76, respectively, for the nine months ended September 30, 2024Adjusted gross margin** growth of $89.3 million during the first nine months of 2024 driven by contributions from FCG, regulatory initiatives and infrastructure programs, natural gas organic growth, continued pipeline expansion projects, and additional customer consumptionResults continue to track in line with Management's expectations, and the Company continues to affirm 2024 EPS and capital guidance

DOVER, Del., Nov. 7, 2024 /PRNewswire/ -- At their meeting held today, the Board of Directors of Chesapeake Utilities Corporation (NYSE: CPK) declared a quarterly cash dividend of $0.64 per share on the Company's common stock. The $0.64 per share dividend will be paid on January 6, 2025 to all shareholders of record at the close of business on December 16, 2024.

With this dividend, Chesapeake will have paid dividends to its shareholders without interruption for 64 years and has increased its annualized dividend every year since 2004.

The innovative RNG production facility showcases Chesapeake Utilities' strategic execution across the entire energy delivery value chain

LEE, Fla., Oct. 30, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) held a ribbon-cutting ceremony on Monday, Oct. 28, to mark the official completion of its renewable natural gas (RNG) facility at Full Circle Dairy (FCD) in Lee, Florida. The facility, a full-scale dairy manure-to-pipeline-quality RNG operation expected to produce an average of 100,000 dekatherms annually, represents a capital investment of $22 million. The facility began producing RNG in June 2024 and is expected to capture and redirect more than 1,100 metric tons of methane per year into a renewable energy source -- an emission reduction equivalent to powering 3,500 homes for a year.

DOVER, Del., Oct. 23, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, November 8, 2024 at 8:30 a.m. ET to discuss the Company's financial results for the third quarter ended September 30, 2024. The earnings press release will be issued on Thursday, November 7, 2024, after market close.

To listen to the Company's conference call via live webcast, please register here prior to the call. The accompanying presentation will also be available in the registration link for listeners to follow along during the webcast.

DOVER, Del., Sept. 23, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announces the release of its 2023 Environmental Stewardship Report, which can be accessed at www.chpk.com. The report is the second in a series of micro-reports and highlights the Company's continued progress in reducing emissions and contributing to a more sustainable future.

"The focus on sustainability is supported and shared across our organization. Our team identifies and pursues emission-reducing projects, not only internally but also to support our customers' sustainability goals," said Jeff Householder, chair of the board, president and CEO of Chesapeake Utilities Corporation. "We see sustainability in action through projects like the creation of a CNG/RNG-fueled, self-contained irrigation and waste pump at our renewable natural gas (RNG) production facility in Florida; and the expansion and utilization of facilities to accept injections of RNG produced at our Planet Found Energy Development facility in Maryland and Full Circle Dairy in Florida. Sustainability is a key driver in our growth strategy and across our operating footprint."

Net income and earnings per share ("EPS")* were $18.3 million and $0.82, respectively, for the second quarter of 2024, and $64.4 million and $2.89, respectively, for the six months ended June 30, 2024Adjusted net income and Adjusted EPS**, which exclude transaction and transition-related expenses attributable to the acquisition and integration of Florida City Gas ("FCG"), were $19.3 million and $0.86, respectively, for the second quarter of 2024 and $66.1 million and $2.96, respectively, for the six months ended June 30, 2024Adjusted gross margin** growth of $61.8 million during the first half of 2024 driven by contributions from FCG, natural gas organic growth and continued pipeline expansion projects, regulatory initiatives and additional customer consumptionMultiple pipeline projects received approval to proceed, supporting continued natural gas demand in Delaware and Florida and driving incremental margins for 2025 and beyondResults continue to track in line with Management's expectations, and the Company continues to affirm 2024 EPS and capital guidance

DOVER, Del., July 22, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) will host a conference call on Friday, August 9, 2024 at 8:30 a.m. ET to discuss the Company's financial results for the second quarter ended June 30, 2024. The earnings press release will be issued on Thursday, August 8, 2024, after market close.

To listen to the Company's conference call via live webcast, please register here prior to the call. The accompanying presentation will also be available in the registration link for listeners to follow along during the webcast.

 Using Renewable Energy to Support Growing Markets

DOVER, Del., July 16, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that its subsidiary, Peninsula Pipeline Company (PPC), received approval from the Florida Public Service Commission for three projects that expand natural gas infrastructure to benefit customers of Florida City Gas (FCG), also a subsidiary of Chesapeake Utilities.

DOVER, Del., June 26, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the first injections of renewable natural gas (RNG) at its Radio Avenue injection point in Yulee, Florida, from the Company's RNG facility at Full Circle Dairy in Madison County. FPU Renewables, which constructed and operates the RNG facility, and its parent company, Florida Public Utilities Company, are subsidiaries of Chesapeake Utilities Corporation (Chesapeake Utilities).

DOVER, Del., June 25, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) announced today that it was named Best for Corporate Governance in the United States by World News Media Ltd.'s World Finance, an international publication. This prestigious award marks the Company's second time being recognized by World News Media for its commitment to corporate governance practices that advance integrity, transparency and accountability throughout the organization.