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CPK - Chesapeake Utilities Corp.


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Chesapeake Utilities Corp. logo

Chesapeake Utilities Corporation functions as a diversified energy delivery company with operations spanning regulated and unregulated segments. Organized into two distinct divisions, Regulated Energy and Unregulated Energy, the company operates across a broad geographical footprint. In the Regulated Energy segment, Chesapeake Utilities manages natural gas distribution across central and southern Delaware, Maryland's eastern shore, and Florida. Additionally, it oversees regulated natural gas transmission in the Delmarva Peninsula and Florida, as well as regulated electric distribution in northeast and northwest Florida.

The Unregulated Energy segment of Chesapeake Utilities focuses on propane operations across the Mid-Atlantic region, North Carolina, South Carolina, and Florida. It also engages in unregulated natural gas transmission and supply operations in central and eastern Ohio, while diversifying its portfolio with electricity and steam generation. Furthermore, this segment provides a range of energy solutions including compressed natural gas, liquefied natural gas, and renewable natural gas transportation and pipeline services primarily to utilities and pipelines in the eastern United States. It also offers complementary services such as energy-related merchandise sales, heating, ventilation, air conditioning (HVAC), plumbing, and electrical services.

Established in 1859 and headquartered in Dover, Delaware, Chesapeake Utilities Corporation has a storied history of over a century and a half in the energy sector. The company's strategic focus on both regulated and unregulated energy services underscores its commitment to delivering reliable, sustainable energy solutions to residential, commercial, industrial, and utility customers across its operational regions.

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Stock Sector: Utilities: Gas Utilities

 

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