Expand Energy to acquire Twin Eagle for $1.25B in natural gas marketing deal

EXPAND ENERGY Corp

Base purchase price of $1.25B, subject to post-closing working capital, cash, debt, and expense adjustments.
$62.5M cash deposit paid; closing expected by Jan 24, 2027, subject to HSR, Canadian Competition Act, and FERC approvals.
Twin Eagle is an independent asset-backed natural gas marketing and optimization business; majority of equity holders have approved.
Acquisition expands Expand Energy's natural gas marketing capabilities with asset-backed platform.

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