Last $42.69 USD
Change Today -0.43 / -1.00%
Volume 43.7K
As of 4:15 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

chesapeake utilities corp (CPK) Snapshot

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07/1/14 - $48.73
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10/8/13 - $33.69
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chesapeake utilities corp (CPK) Details

Chesapeake Utilities Corporation operates as a diversified energy company. The company operates in three segments: Regulated Energy, Unregulated Energy, and Other. The Regulated Energy segment distributes natural gas in Delaware, Maryland and Florida; distributes electricity in Florida; and transmits natural gas on the Delmarva Peninsula and in Florida. The Unregulated Energy segment wholesales and distributes propane; and markets natural gas. This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation and air conditioning; plumbing; and electrical services. The Other segment provides information technology services and solutions for enterprise and e-business applications. The company serves residential, industrial, commercial, and wholesale clients. Chesapeake Utilities Corporation was founded in 1859 and is headquartered in Dover, Delaware.

842 Employees
Last Reported Date: 03/6/14
Founded in 1859

chesapeake utilities corp (CPK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $430.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $282.3K
Senior Vice President and President of Easter...
Total Annual Compensation: $317.5K
President of Florida Public Utilities
Total Annual Compensation: $271.3K
Senior Vice President of Strategic Developmen...
Total Annual Compensation: $232.3K
Compensation as of Fiscal Year 2013.

chesapeake utilities corp (CPK) Key Developments

Chesapeake Utilities Corporation Appoints Ronald G. Forsythe to its Board of Directors Effective November 1, 2014

Chesapeake Utilities Corporation announced that Dr. Ronald G. Forsythe, Jr., President, Chief Operating Officer and Interim Chief Information Officer of Quality Health Strategies ("QHS"), was appointed to Chesapeake's Board of Directors effective November 1, 2014. In his current role at QHS, Dr. Forsythe strives to create solutions to transform health. His teams engage healthcare related organizations in the areas of population health, quality improvement, utilization management, health plan quality review, patient safety, and the detection and prevention of medical fraud, waste and abuse. Prior to QHS, during his tenure at UMES, Dr. Forsythe established new academic programs, expanded research capabilities, supported innovations in renewable energy and pioneered efforts to make the UMES campus and lower Eastern Shore more eco friendly in its use of energy. Currently, Dr. Forsythe is on the Regional Advisory Board of the Branch Banking and Trust Company, a U.S. financial services holding company. He is also on the Board of Directors of the Peninsula Regional Medical Center Foundation, which focuses on capital investments, fund raising, and support of educational programs and community health and wellness initiatives.

Chesapeake Utilities Corporation Provides Capital Expenditure Guidance for the Year of 2014

Chesapeake Utilities Corporation provided capital expenditure guidance for the year of 2014. For 2014, the company currently forecasting capital expenditures to reach approximately a $146 million.

Chesapeake Utilities Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Chesapeake Utilities Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, total operating Revenue was $100,497,000 against $94,146,000 a year ago. Operating income was $10,457,000 against $9,152,000 a year ago. Income before income taxes was $8,559,000 against $7,160,000 a year ago. Net income was $5,134,000 against $4,356,000 a year ago. For the six months, total operating Revenue was $286,834,000 against $234,874,000 a year ago. Operating income was $42,079,000 against $35,702,000 a year ago. Income before income taxes was $38,033,000 against $31,926,000 a year ago. Net income was $22,815,000 against $19,225,000 a year ago.


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