Chesapeake Utilities Corporation 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") to sell shares of its common stock having an aggregate sales price of up to $225,000,000, from time to time through either the Managers (as defined below) or the Forward Sellers (as defined below) (including the shares that may be sold pursuant to forward sale agreements, the "Shares").

Chesapeake Utilities Corporation (NYSE:CPK) has anchored its investment case on steady regulated utility fundamentals, reliable operating cash flow generation, and a disciplined balance sheet built to support long-term capital compounding. In a sector where peers are similarly posting solid growth and reaffirming long-term guidance, Chesapeake distinguishes itself through robust free cash flow conversion and a […]