Chesapeake Utilities Corporation is an American corporation formed in 1947. Chesapeake Utilities Corporation is a diversified energy company engaged, through our operating divisions and subsidiaries, in various energy and other businesses. Headquartered in Delaware, Chesapeake Utilities Corporation operates primarily within the Middle-Atlantic, Southeast and Midwest regions, providing natural gas distribution and transmission, natural gas supply, gathering and processing, electric distribution and propane distribution service.
History
Chesapeake Utilities Corporation was
incorporated in Delaware in 1947. Chesapeake Utilities Corporation is a diversified energy company engaged, directly or through operating divisions and subsidiaries, in regulated and unregulated energy businesses. The Company's common stock began trading on the
NASDAQ Exchange
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
in 1985 and on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
(currently traded as CPK) in 1993.
The company began construction of the controversial
Eastern Shore Pipeline
The Eastern Shore Pipeline, part of the Del-Mar Energy Pathway Project, is a proposed fracked natural gas pipeline to be installed on the Eastern Shore of Maryland as an expansion of existing pipeline infrastructure on the Delmarva Peninsula. Th ...
on the
Eastern Shore of Maryland
The Eastern Shore of Maryland is a part of the U.S. state of Maryland that lies mostly on the east side of the Chesapeake Bay. Nine counties are normally included in the region. The Eastern Shore is part of the larger Delmarva Peninsula tha ...
in 2021.
Subsidiaries
Chesapeake Utilities Corporation operates directly or through operating divisions and subsidiaries throughout the diversified energy midstream and downstream supply chain.
Aspire Energy of Ohio operates more than 2,600 miles of pipeline systems in 40 counties throughout Ohio.
Chesapeake Utilities and Sandpiper Energy distribute natural gas to tens of thousands of residential, commercial and industrial customers in Delaware and Maryland. Additionally, Sandpiper Energy distributes propane and natural gas to customers in Worcester County, Maryland.
Eastern Shore Natural Gas owns and operates a 448-mile interstate pipeline that transports natural gas from various points in Pennsylvania to customers in Delaware, Maryland and Pennsylvania.
Florida Public Utilities (FPU) distributes natural gas to tens of thousands of residential and commercial customers in Florida. It also distributes electricity and propane to various regions in Florida.
Peninsula Energy Services Company (PESCO) provides natural gas supply and supply management services to customers in Florida and on the Delmarva Peninsula.
Peninsula Pipeline Company provides natural gas transportation services in Florida.
Sharp Energy distributes propane to nearly 40,000 customers in Delaware, eastern Pennsylvania, Maryland and Virginia. Sharp AutoGas fuels more than 600 vehicles through its more than 30 propane fueling stations throughout the Delmarva Peninsula.
References
Information was obtained from multiple parts of the company website:
External links
Official website
{{Authority control
Companies listed on the New York Stock Exchange
Natural gas companies of the United States
American companies established in 1859
Energy companies established in 1859
Companies based in Kent County, Delaware
1859 establishments in the United States
Dover, Delaware