---
schema_version: "secwatch.filing_event.v1"
accession: "0000895126-23-000018"
form_type: "8-K"
ticker: "EXE"
cik: "0000895126"
company_name: "EXPAND ENERGY Corp"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:37:25.704761+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Chesapeake sells Eagle Ford assets for $1.4B; Q4 net income $3.5B

## Summary
- Sale of 172,000 net acres and 2,300 wells to INEOS for $1.4B; closing expected Q2 2023.
- Q4 adjusted net income $618M ($4.22 per share); adjusted EBITDAX $1,032M.
- Q4 dividend $1.29/share ($0.55 base + $0.74 variable) payable March 23, 2023.
- Full-year 2022 record adjusted free cash flow $2.1B; returned $2.3B to shareholders.
- 2023 capex guidance $1.765-1.835B; production expected to modestly decline YoY.

## SEC filing metadata
- accession: 0000895126-23-000018
- form_type: 8-K
- ticker: EXE
- cik: 0000895126
- company_name: EXPAND ENERGY Corp
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895126/000089512623000018/0000895126-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895126/000089512623000018/chk-20230217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895126-23-000018
- JSON: https://secwatch.observer/filing/0000895126-23-000018.json
- Plain text: https://secwatch.observer/filing/0000895126-23-000018.txt

## Key facts
- Earnings Releases
  EXPAND ENERGY Corp reported fourth quarter and full year 2022 results: net income Net income totaled $3,513 million, or $24.00 per fully diluted share.
  - Period: fourth quarter and full year 2022
  - Net income: Net income totaled $3,513 million, or $24.00 per fully diluted share
  - Result: reported results
  source text: Chesapeake Energy Corporation (“Chesapeake”) issued a press release reporting fourth quarter and full year 2022 financial and operational results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895126/000089512623000018/0000895126-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.