Chesapeake Utilities Corporation has established an at-the-market equity offering program to raise up to $225 million. This funding will be used for general corporate purposes and capital expenditures.
PUBLIC · CPKOct 01, 2026
Amount Raised
$225 Million
Round Type
Post-IPO Equity
DoverEnergySustainabilityNatural Resources
Investors
Citizens Jmp Securities, LLCBarclays Capital Inc.
Description
Chesapeake Utilities Corporation announced an at-the-market equity offering program to sell shares of its common stock. The program has an aggregate sales price of up to $225 million. Proceeds from the sales will finance capital expenditures, repay short-term debt, and invest in subsidiaries. The company aims to use the funds for general corporate purposes.
Company Information
Company
Chesapeake Utilities Corporation
Location
Dover, Delaware, United States
About
Chesapeake Utilities Corporation is a diversified energy delivery company, listed on the New York Stock Exchange, which is engaged in natural gas transmission and distribution; electricity generation and distribution; propane gas distribution; mobile compressed natural gas (CNG) utility services and solutions; and other businesses. Information about Chesapeake Utilities Corporation's businesses is available at www.chpk.com and on the Annual Report Microsite at cpkannualreport.com.
Please note that Chesapeake Utilities Corporation is not affiliated with Chesapeake Energy, an oil and natural gas exploration company headquartered in Oklahoma City, Oklahoma.
Fundz sees it the moment Chesapeake Utilities Corporation raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
DoverEnergySustainabilityNatural Resources