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Latest Chesapeake Utilities Stories

2010-05-05 05:30:00

DOVER, Del., May 5 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced higher financial results for the quarter ended March 31, 2010. The first quarter's performance reflects strong earnings growth in Chesapeake's legacy business coupled with earnings from our acquisition of Florida Public Utilities Company ("FPU"). The Company's net income for the quarter ended March 31, 2010 was $14.0 million, or $1.47 per share (diluted), an increase of $5.4 million, or 63...

2010-03-15 13:53:00

DOVER, Del., March 15 /PRNewswire-FirstCall/ -- Chesapeake Utilities today announced the signing of an agreement with Mountaire Farms of Delaware, Inc. of Millsboro, Delaware to provide the poultry plant with natural gas service. "We're very excited about the opportunity to bring efficient, clean-burning natural gas to Mountaire Farms and the surrounding community in Eastern Sussex County," said Jeffrey Tietbohl, Assistant Vice President of Chesapeake Utilities Corporation (NYSE: CPK)....

2010-03-05 05:00:00

DOVER, Del., March 5 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation (NYSE: CPK; the "Company" or "Chesapeake") today announced increased financial results for the year and quarter ended December 31, 2009. The Company's net income for the year ended December 31, 2009 was $15.9 million, or $2.15 per share (diluted), an increase of $2.3 million, or 17 percent, compared to $13.6 million, or $1.98 per share (diluted), for the year ended December 31, 2008. The Company's increased...

2010-02-24 16:14:00

DOVER, Del., Feb. 24 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced the Board's appointment of John R. Schimkaitis as Vice Chairman of the Board of Directors effective March 1, 2010. In addition, Mr. Schimkaitis will continue in his current role as Chief Executive Officer. Chesapeake also announced the promotion of Michael P. McMasters to President as well as his appointment to the Board of Directors effective March 1, 2010. In addition, Mr....

2010-02-04 09:56:00

DOVER, Del., Feb. 4 /PRNewswire-FirstCall/ -- Sharp Energy, Inc., a subsidiary of Chesapeake Utilities Corporation, announced today its purchase of the operating assets of Virginia LP Gas, Inc., a propane distributor serving Northampton and Accomack Counties in Virginia. The transaction is part of Sharp Energy's overall strategy to acquire complementary retail operations that will increase the value of the overall Sharp Energy operations. Locally owned and operated since 1976, Sharp Energy...

2009-12-16 16:14:00

DOVER, Del., Dec. 16 /PRNewswire-FirstCall/ -- John R. Schimkaitis, President and Chief Executive Officer of Chesapeake Utilities Corporation (NYSE: CPK), today announced that the Board of Directors promoted Joseph Cummiskey to Vice President of the Company at their meeting on December 15, 2009. In this position, Mr. Cummiskey will oversee Chesapeake unregulated energy operations including Sharp Energy, Inc., Xeron, Inc. and Peninsula Energy Services Company, Inc. (PESCO). Additionally,...

2009-10-29 05:30:00

DOVER, Del., Oct. 29 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation (NYSE: CPK) and Florida Public Utilities Company (NYSE AMEX: FPU) announced today the completion of their planned merger, effective yesterday, October 28, 2009. Florida Public Utilities is now a wholly owned subsidiary of Chesapeake. The combination creates a combined energy company serving approximately 200,000 customers (117,000 natural gas, 48,000 propane and 31,000 electric customers) in the Mid-Atlantic...

2009-10-22 14:55:00

DOVER, Del., Oct. 22 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation (NYSE: CPK) and Florida Public Utilities Company (NYSE Amex: FPU) announced that their shareholders approved the proposed merger of the companies at separate meetings held today. Under the merger agreement previously announced and approved today, each common share of Florida Public Utilities will be converted into 0.405 shares of Chesapeake common stock upon closing of the merger. The parties intend to proceed...

2009-10-12 15:00:00

DOVER, Del., Oct. 12 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced that Glass, Lewis & Co. and PROXY Governance, Inc., two independent proxy advisory firms, have each recommended that Chesapeake shareholders vote "FOR" the strategic merger with Florida Public Utilities (NYSE Amex: FPU) at Chesapeake's Special Meeting of Shareholders on October 22, 2009. "We are very pleased that these two independent shareholder advisory firms have...

2009-08-06 05:30:00

DOVER, Del., Aug. 6 /PRNewswire-FirstCall/ -- Chesapeake Utilities Corporation (NYSE: CPK) today announced net income of $806,000 for the second quarter of 2009, or $0.12 per share (diluted), compared to $1.8 million, or $0.27 per share (diluted), for the second quarter of 2008. The Company's pre-tax operating income for the second quarter of 2009 decreased by $1.5 million compared to the same period in 2008 as the natural gas segment experienced a decline in pre-tax operating income of...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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