EQT Wants to Retake #1 Spot as Country’s Largest NatGas Producer

In October 2024, Chesapeake Energy completed its $8.2 billion merger with Southwestern Energy (renaming the combined company Expand Energy), and in the process became the country's #1 highest producing natural gas company, taking that title away from EQT Corporation (see Chesapeake & Southwestern Complete Merger; Now #1 U.S. Gas Driller). EQT became the #1 gas producer in 2017 when it bought and merged with Rice Energy, displacing ExxonMobil and Chesapeake Energy from that spot (see EQT Buys Rice Energy in $8.2B Deal, Becomes #1 Gas Producer in US). It appears the script may flip again, back to EQT, "by the end of the decade."

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