Chesapeake Utilities Corp

NYSE:CPKUnited States

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• Chesapeake Utilities Corporation Announces $100 Million At-The-Market Equity Offering Program, from 10 minutes ago by PR Newswire

  10 minutes ago by PR Newswire
  Companies Mentioned: CPK

  Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that it has established an at-the-market equity offering program (the "ATM Program") under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $100,000,000 (the "Shares"). Chesapeake Utilities has entered into an equity distribution agreement with each of RBC Capital Markets, LLC, Barclays Capital Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., Guggenheim Securities, LLC, Citizens JMP Securities, LLC, M&T Securities, Inc., Maxim Group LLC, PNC Capital Markets LLC, and Siebert Williams Shank & Co., LLC (collectively, the "Sales Agents"), as sales agents. Pursuant to the equity distribution agreement, sales of the Shares may be made in transactions deemed to be "at-the-market offerings," as defined in Rule 415 under the Securities Act of 1933, as amended, including by sales made directly on or through the New York Stock Exchange. Chesapeake Utilities intends to use the proceeds from the sales, if any, of the Shares for general corporate purposes, including, but not limited to, financing of capital expenditures, repayment of short-term debt, financing acquisitions, investing in subsidiaries, and general working capital purposes.

• Chesapeake Utilities Corporation Announces $100 Million At-The-Market Equity Offering Program, from 10 minutes ago by Dow Jones

  10 minutes ago by Dow Jones
  Companies Mentioned: CPK
  
  Chesapeake Utilities Corporation Announces $100 Million At-The-Market Equity Offering Program
  
  PR Newswire
  
  DOVER, Del., Nov. 22, 2024
  
  DOVER, Del., Nov. 22, 2024 /PRNewswire/ -- Chesapeake Utilities Corporation (NYSE: CPK) ("Chesapeake Utilities" or the "Company") today announced that it has established an at-the-market equity offering program (the "ATM Program") under which it may, from time to time, sell shares of its common stock having an aggregate sales price of up to $100,000,000 (the "Shares"). Chesapeake Utilities has entered into an equity distribution agreement with each of RBC Capital Markets, LLC, Barclays Capital Inc., Janney Montgomery Scott LLC, Ladenburg Thalmann & Co. Inc., Guggenheim Securities, LLC, Citizens JMP Securities, LLC, M&T Securities, Inc., Maxim Group LLC, PNC Capital Markets LLC, and Siebert Williams Shank & Co., LLC (collectively, the "Sales Agents"), as sales agents. Pursuant to the equity distribution agreement, sales of the Shares may be made in transactions deemed to be "at-the-market offerings, " as defined in Rule 415 under the Securities Act of 1933, as amended, including by sales made directly on or through the New York Stock Exchange. Chesapeake Utilities intends to use the proceeds from the sales, if any, of the Shares for general corporate purposes, including, but not limited to, financing of capital expenditures, repayment of short-term debt, financing acquisitions, investing in subsidiaries, and general working capital purposes.
  

• DJ Chesapeake Utilities Is Maintained at Neutral by Guggenheim, from 4 hours ago by Dow Jones

  4 hours ago by Dow Jones
  Companies Mentioned: CPK
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/CPK/analyst-ratings
  
  (END) Dow Jones Newswires
  
  November 22, 2024 12:40 ET (17:40 GMT)