secwatch.observer — SEC 8-K summary
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Issuer:     EXPAND ENERGY Corp (EXE)
CIK:        0000895126
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000895126-23-000018
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895126/000089512623000018/0000895126-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895126/000089512623000018/chk-20230217.htm
  HTML page:      https://secwatch.observer/filing/0000895126-23-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer