CPK
- Chesapeake Utilities Corporation
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Overview
Company Summary
Chesapeake Utilities Corporation (CPK) is a diversified energy company that operates predominantly in the mid-Atlantic region of the United States. The company primarily focuses on providing natural gas, propane, and electricity to residential, commercial, and industrial customers.
CPK's core business segments include:
1. Regulated Energy Distribution: Through its regulated subsidiaries, Chesapeake Utilities operates natural gas distribution systems in Delaware, Maryland, and Florida. These systems deliver reliable and cost-effective natural gas to homes, businesses, and government entities.
2. Unregulated Energy Services: Chesapeake Utilities also offers unregulated energy services, including natural gas sales, natural gas transportation, and aggregated energy services. These activities provide customers with energy supply options, energy consulting, and customized solutions to manage energy costs effectively.
3. Advanced Infrastructure Solutions: CPK has been expanding its presence in the renewable energy sector by providing innovative solutions for clean energy infrastructure development. This includes constructing compressed natural gas (CNG) stations and renewable natural gas facilities, as well as expanding its propane distribution network.
4. Other: In addition to its core energy businesses, Chesapeake Utilities engages in various supporting operations such as propane marketing and distribution, appliance sales and service, and natural gas vehicle conversions.
As a trusted energy provider, Chesapeake Utilities emphasizes safety, environmental responsibility, and customer satisfaction. The company strives to deliver reliable energy solutions while actively seeking opportunities to advance the use of cleaner, more sustainable energy sources.
Overall, Chesapeake Utilities Corporation plays a critical role in delivering essential energy services to customers in its operating regions, while also exploring and investing in technologies and infrastructure to meet the evolving energy needs of its stakeholders.