Chesapeake Utilities
| Company type | Public |
|---|---|
| Industry | Energy |
| Founded | 1947 |
| Headquarters | Dover , United States |
Area served | Mid-Atlantic, Southeast, Midwest United States |
| Products | Natural gas distribution and transmission, natural gas supply, gathering and processing, electric distribution, propane delivery |
| Website | www |
Chesapeake Utilities Corporation is a diversified energy firm based in the United States, established in 1947. With its headquarters located in Delaware, the company primarily serves the Mid-Atlantic, Southeast, and Midwest markets, providing services such as natural gas distribution and transmission, supply, gathering and processing, electric distribution, as well as propane delivery.
History
Founded as a Delaware corporation in 1947, Chesapeake Utilities operates through various divisions and subsidiaries within both regulated and unregulated segments of the energy sector. The company’s common shares were first listed on NASDAQ in 1985 before transitioning to the New York Stock Exchange under the ticker symbol CPK in 1993.
In 2021, Chesapeake Utilities commenced development of the Eastern Shore Pipeline situated on Maryland’s Eastern Shore region.
Subsidiaries
The company’s operations span multiple subsidiaries that cover different aspects of the energy midstream and downstream supply chain:
- Aspire Energy of Ohio oversees a pipeline network exceeding 2,600 miles across 40 counties within Ohio.
- Chesapeake Utilities along with Sandpiper Energy cater to tens of thousands of natural gas clients in Delaware and Maryland; additionally, Sandpiper Energy provides propane services in Worcester County, Maryland.
- Eastern Shore Natural Gas owns and operates a 448-mile interstate pipeline transporting natural gas from Pennsylvania through Delaware and Maryland.
- Florida Public Utilities (FPU) delivers natural gas to both residential and commercial consumers in Florida, alongside electricity and propane distribution services.
- Peninsula Energy Services Company (PESCO) offers natural gas supply and management solutions throughout Florida and the Delmarva Peninsula.
- Peninsula Pipeline Company specializes in natural gas transportation within Florida.
- Sharp Energy supplies propane to nearly 40,000 customers across Delaware, eastern Pennsylvania, Maryland, and Virginia; its Sharp AutoGas division fuels more than 600 vehicles at over 30 propane refueling stations located on the Delmarva Peninsula.
References
Details were obtained from Chesapeake Utilities Corporation’s official website: Chesapeake Utilities Corporation.