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Chesapeake Utilities Corporation Corrects Single Business Unit Customer Count Included In Earnings Release To The Correct Numbers Included In The Annual Report On Form 10-K

Donnerstag, 01.03.2018 21:49 von PR Newswire

PR Newswire

DOVER, Del., March 1, 2018 /PRNewswire/ -- On February 28, 2018, Chesapeake Utilities Corporation (NYSE: CPK) issued a press release announcing its annual and quarterly results for the period ended December 31, 2017.  The press release reflected incorrect numbers for Florida Public Utilities ("FPU") average electric commercial and total customers for the quarter and year ended December 31, 2017 as presented in the Distribution Utility Statistical Data. 

These figures are corrected in the table below:

 










For the Three Months Ended December 31, 2017:
















**Corrected**


**Uncorrected**






FPU Electric 


FPU Electric 






Distribution


Distribution



Residential


24,648


24,648



Commercial


7,468


9,301



Industrial



2


2



Other



-


-



Total



32,118


33,951



















For the Year Ended December 31, 2017:
















**Corrected**


**Uncorrected**






FPU Electric 


FPU Electric 






Distribution


Distribution



Residential


24,574


24,574



Commercial


7,450


7,908



Industrial



2


2



Other



-


-



Total



32,026


32,484


















 

Chesapeake Utilities Corporation's 2017 Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 1, 2018 reflected the accurate figures. The correction of the customer numbers has no effect on the financial results reported for the quarter and year ended December 31, 2017.

Chesapeake Utilities Corporation is a diversified energy company engaged in natural gas distribution, transmission, gathering and processing, and marketing; electricity generation and distribution; propane gas distribution and other businesses. Information about Chesapeake Utilities Corporation and the Chesapeake family of businesses is available at www.chpk.com or through the Company's IR App. 

Please note that Chesapeake Utilities Corporation has no affiliation with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma.

For more information, contact:
Beth W. Cooper
Senior Vice President & Chief Financial Officer
302.734.6799

Cision View original content:http://www.prnewswire.com/news-releases/chesapeake-utilities-corporation-corrects-single-business-unit-customer-count-included-in-earnings-release-to-the-correct-numbers-included-in-the-annual-report-on-form-10-k-300607247.html

SOURCE Chesapeake Utilities Corporation