Chesapeake Utilities Company Review & Valuation
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation, a diversified energy company, engages in regulated and unregulated energy businesses.
The company operates in two segments, Regulated Energy and Unregulated Energy.
The Regulated Energy segment engages in the distribution of natural gas in Delaware, Maryland, and Florida; distribution of electricity in Florida; and transmission of natural gas on the Delmarva Peninsula and in Florida.
The Unregulated Energy segment distributes propane in Delaware, Maryland, Virginia, southeastern Pennsylvania, and Florida; markets natural gas in Florida, Delaware, Maryland, Ohio, and other states; supplies, gathers, and processes unregulated natural gas in central and eastern Ohio; and generates electricity and steam.
This segment also provides other unregulated energy services, such as energy-related merchandise sales; heating, ventilation, and air conditioning services; and plumbing and electrical services.
The company also owns and leases office buildings in Delaware and Maryland.
It serves residential, commercial, industrial, and wholesale customers.
The company was founded in 1859 and is headquartered in Dover, Delaware.