Analyst Predicts Chesapeake/Southwestern Merger to Face Biden Delay

In early January, Chesapeake Energy and Southwestern Energy, two companies with major assets in the country's two leading gas plays --- the Marcellus/Utica and the Haynesville --- announced an agreement to merge into one company (see Deal is Done! Chesapeake & Southwestern Announce $7.4B Merger). Such a merger would create the country's largest natural gas producer, bypassing EQT for the top slot. The deal is supposed to be completed in the second quarter of this year. However, it's a pretty safe bet the Biden administration is going to delay that timeline.

---

To view this content, log into your member account. (Not a member? Join Today!)