Stock Report: Chesapeake Utilities Corp. (CPK) Report Updated: May 20, 2013 | Print This Page

Chesapeake Utilities Corporation, a diversified utility company, engages in the regulated and unregulated energy; and information services businesses. The company operates in three segments: Regulated Energy, Unregulated Energy, and Other. The Regulated Energy segment provides natural gas distribution services to approximately 53,851 residential and commercial customers, and 97 industrial customers in Delaware and Maryland, as well as 61,525 residential customers, and 6,461 commercial and industrial customers in Florida; electric distribution services to 30,986 residential, commercial, and industrial customers in Florida; and natural gas transmission services to other utilities and industrial customers in Delaware, Maryland, Pennsylvania, and Florida, as well as offers swing transportation and contract storage services. This segment operates a 402-mile interstate natural gas transmission pipeline. The Unregulated Energy segment offers natural gas supply and supply management services to approximately 3,080 commercial and industrial customers in Florida, and 16 customers on the Delmarva Peninsula; distributes propane to 34,317 customers in Delaware, the eastern shore of Maryland and Virginia, and southeastern Pennsylvania, as well as to 14,507 customers in Florida; and markets propane to wholesale customers, including independent oil and petrochemical companies, resellers, and retail propane companies in the southeastern United States. The Other segment offers information technology services and solutions for enterprise and e-business applications. Chesapeake Utilities Corporation was founded in 1859 and is headquartered in Dover, Delaware.