Janney Montgomery Scott Downgrades Chesapeake Utilities (CPK) to Neutral

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Chesapeake Utilities (CPK) Subsidiary Sharp Energy Inc. to Acquire Propane Operating Assets in Pennsylvania from R.F. Ohl Fuel Oil Inc.

December 18, 2018 6:31 AM EST

Chesapeake Utilities Corporation (NYSE: CPK) announced today that its propane subsidiary, Sharp Energy, Inc., has purchased the propane operating assets of R.F. Ohl Fuel Oil Inc. based in Lehighton, Pennsylvania.

R.F. Ohl, a family-owned and operated company founded in 1984, has been providing propane service to more than 2,500 residential and commercial customers in Carbon,... More