| Business Summary | | Chesapeake
Utilities
Corporation
is
a
diversified
utility
company
engaged
in
natural
gas
distribution
and
transmission,
propane
distribution
and
marketing,
advanced
information
services
and
other
related
businesses.
Chesapeake's
three
natural
gas
distribution
divisions
serve
approximately
40,800
residential,
commercial
and
industrial
customers
in
southern
Delaware,
Maryland's
Eastern
Shore
and
Florida.
The
Company's
natural
gas
transmission
subsidiary,
Eastern
Shore
Natural
Gas
Company,
operates
a
281-mile
interstate
pipeline
system.
The
Company's
propane
distribution
operation
serves
approximately
35,300
customers
in
southern
Delaware,
the
Eastern
Shore
of
both
Maryland
and
Virginia
and
parts
of
Florida.
The
advanced
information
services
segment
provides
consulting,
custom
programming,
training
and
development
tools
for
national
and
international
clients. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Chesapeake
Utilities
is
engaged
in
the
transmission
and
distribution
of
natural
gas,
propane
distribution,
and
marketing
and
advanced
information
services.
For
the
six
months
ended
6/30/01,
revenue
increased
25%
to
$205.1
million.
Net
income
rose
1%
to
$6
million.
Revenues
reflect
increased
natural
gas
distribution.
Earnings
were
partially
offset
by
a
decline
in
propane
distribution
margin
earned
due
to
higher
priced
supply
cost. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ralph Adkins, 58 Chairman | $194K | John Schimkaitis, 53 Pres,
CEO | 335K | Michael McMasters, 42 CFO,
VP, Treasurer | 229K | William Boyles, 43 VP,
Sec. | 145K | Stephen Thompson, 40 VP | 227K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|