
On Oct. 1, 2024, Chesapeake Energy announced its buyout of and merger with Southwestern Energy in a $7.4 billion deal was completed (see
Chesapeake & Southwestern Complete Merger; Now #1 U.S. Gas Driller). The newly merged company was renamed Expand Energy Corporation and began trading on the NASDAQ stock market under the “EXE” ticker symbol. Expand is the #1 natural gas producer in the U.S., eclipsing the former #1 EQT. The big difference is that Expand’s production comes from both the Marcellus/Utica and the Haynesville, whereas EQT’s production is 100% from the M-U. Expand is quite the company. Enverus recently named Expand the #2 most prolific shale producer by production in 2024 (see
Expand Energy Ranked #2 Most Prolific Shale Producer in 2024).
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