Chesapeake Energy merges with Southwestern Energy to form $7.4B Expand Energy, the largest US natural gas producer.

Chesapeake Energy Corporation will rebrand as Expand Energy Corporation following its merger with Southwestern Energy Company, expected to close in early October. This merger, valued at $7.4 billion, positions Expand Energy as the largest natural gas producer in the U.S. The new company will trade on NASDAQ under the ticker "EXE." Nick Dell'Osso, CEO of Chesapeake, will lead the combined entity, focusing on enhancing shareholder value and competing globally.

September 26, 2024
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