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Chesapeake Utilities Corporation Reports First Quarter 2021 Results - Earnings per share ( EPS ) from continuing operations was $1.96 for the first quarter of 2021, an increase of $0.19, or 10.7 percent, compared to $1.77 for the first quarter of 2020 - Strong performance driven by over $17 million in additional gross margin for the quarter - Natural gas expansion projects, regulatory initiatives and contributions from 2020 acquisitions generated $7.2 million in additional gross margin during the quarter - Return to more normal temperatures in the first quarter of 2021 increased gross margin by $6.4 million - Capital investments of $48.7 million for the quarter align with the 2021 capital forecast - Capital structure at the end of the first quarter of 2021 was 52 percent equity to total capitalization

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