Chesapeake utilities corporation reports third quarter 2022 results

Year-to-date earnings per share ("eps")* of $3.58, an increase of $0.13 or 3.8 percent, compared to $3.45 in the prior year period eps of $0.54 in the third quarter, with year-over-year growth impacted by one-time, non-recurring items in the third quarter of 2021 and rising interest rates in 2022 higher performance during the first nine months of 2022 was driven by pipeline expansions, regulatory initiatives, natural gas organic growth, acquisition contributions, and higher earnings in the company's unregulated businesses secured long-term financing of $80 million to support the company's capital structure and long-term growth strategy interim rates associated with the florida base rate proceeding were implemented in september commitment to organic growth, project expansions, regulatory initiatives and business transformation efforts firmly position the company to better mitigate inflationary pressures and drive long-term growth continued focus on renewable energy initiatives to further enhance sustainability in our local communities dover, del. , nov. 2, 2022 /prnewswire/ -- chesapeake utilities corporation (nyse: cpk) ("chesapeake utilities" or the "company") today announced its financial results for the three and nine months ended september 30, 2022.
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