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Chesapeake Utilities Secures $200M Note Purchase Agreement

Story Highlights
  • Chesapeake Utilities executed a Note Purchase Agreement for $200 million in senior notes.
  • The company extended the maturity date of its $250 million 364-Day Revolver to August 4, 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chesapeake Utilities Secures $200M Note Purchase Agreement

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Chesapeake Utilities ( (CPK) ) has shared an update.

On August 1, 2025, Chesapeake Utilities executed a Note Purchase Agreement for $200 million in unsecured senior notes, with $150 million closing on the same day and $50 million expected to close on September 15, 2025. The notes are divided into three series with varying maturity dates and interest rates, and include provisions for optional prepayment and acceleration upon default. Additionally, the company extended the maturity date of its $250 million 364-Day Revolver to August 4, 2026, maintaining all other terms.

The most recent analyst rating on (CPK) stock is a Hold with a $124.00 price target. To see the full list of analyst forecasts on Chesapeake Utilities stock, see the CPK Stock Forecast page.

Spark’s Take on CPK Stock

According to Spark, TipRanks’ AI Analyst, CPK is a Outperform.

Chesapeake Utilities demonstrates robust financial performance and strategic growth initiatives, supported by positive earnings call sentiment. Technical indicators and valuation are neutral, with neither presenting significant upside nor downside. The company’s strong operational execution and strategic investments bolster its position, overshadowing the challenges of project delays and increased costs.

To see Spark’s full report on CPK stock, click here.

More about Chesapeake Utilities

Average Trading Volume: 125,275

Technical Sentiment Signal: Buy

Current Market Cap: $2.8B

For detailed information about CPK stock, go to TipRanks’ Stock Analysis page.

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