{"schema_version":"secwatch.filing_event.v1","accession":"0000895126-26-000039","form_type":"8-K","ticker":"EXE","cik":"0000895126","company_name":"EXPAND ENERGY Corp","filed_at":"2026-07-27T11:02:07+00:00","discovered_at":"2026-07-27T11:05:00.212404+00:00","generated_at":"2026-07-27T11:05:06.136567+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Expand Energy to acquire Twin Eagle for $1.25B, creating integrated natural gas company","bullets":["Acquisition price $1.25B from Five Point Infrastructure; expected close Q3 2026.","Twin Eagle markets >5 Bcf/d natural gas, manages 44 Bcf storage; pro forma combined ~14 Bcf/d marketed volume.","Deal immediately accretive; expected to contribute >$200M annual EBITDA, $150M/year synergies by end of 2028.","Expand raises incremental free cash flow target from marketing/commercial strategy to $750M/year (up 50%).","Key Twin Eagle management including CEO Jeremy Davis to continue post-close."],"urls":{"canonical":"https://secwatch.observer/filing/0000895126-26-000039","json":"https://secwatch.observer/filing/0000895126-26-000039.json","markdown":"https://secwatch.observer/filing/0000895126-26-000039.md","text":"https://secwatch.observer/filing/0000895126-26-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/895126/000089512626000039/0000895126-26-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/895126/000089512626000039/exe-20260727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-27T11:05:06.136567+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}