Chesapeake utilities corporation reports first quarter 2022 results

Earnings per share ("eps")* was $2.08 for the first quarter of 2022, an increase of $0.12, or 6.1 percent, compared to $1.96 for the first quarter of 2021 quarter-over-quarter growth driven primarily by the acquisition of diversified energy, pipeline expansions, natural gas organic growth, regulatory initiatives and higher earnings in the company's unregulated businesses continued investment in low carbon energy sources including the successful testing of blended hydrogen with natural gas power at the company's combined heat and power ("chp") plant and completion of our first compressed natural gas ("cng") fueling station near the port of savannah, capable of distributing renewable natural gas ("rng") for fleet vehicles issued $50 million of 2.95 percent senior notes in support of the company's long-term financing strategy continued focus on organic growth and expansion projects as well as esg initiatives, including renewable energy opportunities to further enhance sustainability in our local communities dover, del. , may 3, 2022 /prnewswire/ -- chesapeake utilities corporation (nyse: cpk) ("chesapeake utilities" or the "company") today announced its financial results for the first quarter of 2022.
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