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Chesapeake Utilities Corporation is a diversified energy company engaged, directly or through operating divisions and subsidiaries, in regulated and unregulated energy businesses. The Company's common stock began trading on the NASDAQ Exchange in 1985 and on the New York Stock Exchange (currently traded as CPK ) in 1993.
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In 2023, the electrical energy generation mix was 56% natural gas, 32.3% nuclear, 5.8% solar, 3.5% biomass, 1.5% coal, 0.2% petroleum, 0.1% hydroelectric, 0.1% wind, and 0.5% other. [ 1 ] The Virginia Clean Economy Act of 2020 directs the construction of 16,100 MW of solar power and onshore wind and up to 5,200 MW of offshore wind by 2035 ...
It was previously known as Chesapeake Energy Corporation. In 2023, the company produced 3,470 MMcf of natural gas per day. [ 1 ] As of December 31, 2023, the company had 9,688 Bcf of proved reserves.
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