---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-088451"
form_type: "8-K"
ticker: "EXE"
cik: "0000895126"
company_name: "EXPAND ENERGY Corp"
filed_at: "2026-07-30T11:01:01+00:00"
generated_at: "2026-07-30T11:06:30.571182+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-088451
- form_type: 8-K
- ticker: EXE
- cik: 0000895126
- company_name: EXPAND ENERGY Corp
- filed_at: 2026-07-30T11:01:01+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895126/000110465926088451/0001104659-26-088451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895126/000110465926088451/tm2621424d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-088451
- JSON: https://secwatch.observer/filing/0001104659-26-088451.json
- Plain text: https://secwatch.observer/filing/0001104659-26-088451.txt

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