Highest-materiality recent filing
Expand Energy to acquire Twin Eagle for $1.25B in natural gas marketing deal
Base purchase price of $1.25B, subject to post-closing working capital, cash, debt, and expense adjustments.
Expand Energy Q2 net income $522M ($2.19 EPS); acquires Twin Eagle, $1B buyback authorized
Net income $522M ($2.19 diluted EPS); adjusted net income $317M ($1.33 diluted EPS).
Expand Energy to acquire Twin Eagle for $1.25B, creating integrated natural gas company
Acquisition price $1.25B from Five Point Infrastructure; expected close Q3 2026.
Expand Energy Q1 net income $1.16B ($4.81/diluted); debt reduced by $1.3B
Net income $1,159M ($4.81/diluted); adjusted net income $923M ($3.83/diluted).
Expand Energy appoints Marcel Teunissen as CFO, effective April 6, 2026
Teunissen previously President North America at Parkland Corp and CFO of Parkland (2020-2024).
Expand Energy Q4 net income $553M, issues 2026 outlook with $2.85B capex and $0.575 dividend
Q4 2025 net income $553M ($2.30 diluted EPS); adjusted net income $481M ($2.00).
Expand Energy CEO Dell'Osso out; Chairman Wichterich named Interim; HQ to move to Houston
Nick Dell'Osso steps down as CEO and director effective Feb 6; Chairman Michael Wichterich appointed Interim CEO.
Expand Energy Q3 net income $547M ($2.28 EPS); raises production guidance, lowers capex
Net income $547M ($2.28 diluted EPS); adjusted net income $234M ($0.97).
Expand Energy CFO Mohit Singh departs; Brittany Raiford named Interim CFO
CFO Mohit Singh leaves effective Aug 13, 2025 due to termination without cause; eligible for severance under Executive Severance Plan.
Expand Energy Q2 net income $968M, adjusted EPS $1.10; cuts capex guide, boosts synergy target
Net income $968M ($4.02 diluted EPS); adjusted net income $265M ($1.10/share).
Expand Energy Q1 net loss $249M, adj. net income $487M; S&P 500 added, credit upgrade
Net loss of $249M ($1.06 diluted EPS); adjusted net income $487M ($2.02 per share).
Expand Energy posts Q4 net loss of $399M; adjusted EPS $0.55; 2025 production ~7.1 Bcfe/d
Net loss $399M ($1.72 diluted loss); adjusted net income $131M ($0.55 per share).
Expand Energy files Southwestern Energy's financials following merger completion
Merger with Southwestern Energy completed on October 1, 2024, as previously disclosed.
Expand Energy enters severance agreement with removed EVP, General Counsel Benjamin Russ
Benjamin E. Russ removed as EVP, General Counsel and Corporate Secretary effective Oct 1, 2024.
Achieved Investment Grade Date on Oct 28, 2024, triggering automatic amendment of $2.5B credit agreement and release of all liens and guarantees.
Expand Energy reports Q3 net loss $114M; provides 2025 plan, new $1B buyback
Net loss $114M ($0.85 EPS); adjusted net income $22M ($0.16 EPS).
Expand Energy closes merger with Southwestern, assumes ~$3.74B in notes, ticker changes to EXE
Merger completed Oct 1, 2024; each Southwestern share exchanged for 0.0867 Expand Energy share.
Chesapeake-Southwestern merger clears HSR waiting period; close expected early Oct
HSR Act waiting period expired for pending combination of Chesapeake (CHK) and Southwestern (SWN).
Chesapeake Energy reports Q2 net loss of $227M, lowers 2024 capex guidance by ~4%
Net loss of $227M ($1.73 diluted EPS); adjusted net income of $1M ($0.01 EPS).
Chesapeake stockholders overwhelmingly approve merger stock issuance, advisory compensation
Stockholders approved issuance of Chesapeake common stock to Southwestern stockholders: 115,678,563 for, 201,938 against, 27,371 abstentions.
Four complaints filed in New York federal and state courts by Chesapeake and Southwestern stockholders.
Chesapeake Q1: net income $26M, adj net income $80M, dividend $0.715/share
Net income $26M ($0.18 diluted EPS); adjusted net income $80M ($0.56 per share).
Chesapeake and Southwestern receive FTC Second Request; merger expected to close in H2 2024
FTC issued a Second Request on April 4, extending HSR waiting period for the proposed Chesapeake-Southwestern merger.
Chesapeake Energy Q4 net income $569M; lowers 2024 capex 20% to $1.25-1.35B
Q4 net income $569M ($4.02 diluted EPS); adjusted net income $185M ($1.31).
Chesapeake to acquire Southwestern Energy in $7.4B all-stock merger
All-stock deal valued at $7.4B; SWN holders get 0.0867 CHK shares per share.
Each Southwestern share converts into 0.0867 shares of Chesapeake common stock; no fractional shares, cash in lieu.
Chesapeake completes sale of remaining Eagle Ford assets to SilverBow Resources
Sale includes ~42,000 net acres and ~540 wells in the Eagle Ford shale.
Chesapeake Energy Q3 net income $70M, adjusted $155M; production 3,495 mmcfe/d; Vitol LNG HOA
Net cash from operations $506M; net income $70M ($0.49 diluted EPS); adjusted net income $155M ($1.09/share).
Chesapeake sells final Eagle Ford package to SilverBow for $700M; total exit proceeds exceed $3.5B
Sale of ~42,000 net acres and ~540 wells in condensate-rich Eagle Ford for $700M.
Chesapeake Q2 net income $391M ($2.73 EPS); adjusted EPS $0.64; dividend raised 4.5%
Net income of $391M ($2.73 diluted EPS); adjusted net income of $92M ($0.64 adjusted EPS).
Chesapeake Energy closes sale of northern Eagle Ford assets to INEOS
Completed on April 28, 2023; economic effective date Oct 1, 2022.
Chesapeake Q1 adj EPS $1.87; $1.18 dividend; Gunvor LNG HOA; Fitch upgrade
Net income $1,389M ($9.60 GAAP diluted EPS); adjusted net income $270M ($1.87 adj. diluted EPS).
Chesapeake completes sale of Brazos Valley Eagle Ford assets to WildFire Energy
Sale closed March 20, 2023; includes ~377,000 net acres and ~1,350 wells.
Chesapeake sells Eagle Ford assets for $1.4B; Q4 net income $3.5B
Sale of 172,000 net acres and 2,300 wells to INEOS for $1.4B; closing expected Q2 2023.
Chesapeake sells Eagle Ford Brazos Valley region to WildFire Energy for $1.425 billion
Sale includes ~377,000 net acres, ~1,350 wells; avg net daily prod ~27,700 boe/d (85% liquid) in Q3 2022.
New $3.5B borrowing base, $2.0B aggregate commitments, matures Dec 9, 2027.
Chesapeake Energy Q3 net income $883M; record free cash flow $773M; dividend $3.16/share
Net income of $883M ($6.12/diluted EPS); adjusted net income $730M ($5.06/diluted EPS).
Chesapeake Energy reports warrant exchange results; 51-65% tendered; buyback to resume
Class A warrants: 51.4% tendered (4.75M); exchange ratio 0.8636 shares per warrant.
Chesapeake sets final exchange ratios for Class A (0.8636), B (0.8224), C (0.7890) warrants
Class A warrants exchange for 0.8636 shares each; Class B for 0.8224; Class C for 0.7890.
On June 23, 2026, Gregory M. Larson, Vice President – Accounting & Controller of Expand Energy Corporation (the “Company”) informed the Company of his intention to resign from the Company.
Marcel Teunissen, the Company’s current Executive Vice President and Chief Financial Officer, has assumed the duties as principal accounting officer of the Company on an interim basis, effective June 23, 2026, while the Company conducts a search for a permanent Vice President – Accounting & Controller.
Benjamin E. Russ was removed as Executive Vice President, General Counsel and Corporate Secretary of the Company as of October 1, 2024.
four new directors, Catherine A. Kehr, John D. Gass, S.P. “Chip” Johnson IV and Shameek Konar
four new directors, Catherine A. Kehr, John D. Gass, S.P. “Chip” Johnson IV and Shameek Konar
On October 1, 2024, the Board announced the appointment of Christopher Lacy as the Company’s Executive Vice President, General Counsel and Corporate Secretary, effective as of October 1, 2024.
four new directors, Catherine A. Kehr, John D. Gass, S.P. “Chip” Johnson IV and Shameek Konar
four new directors, Catherine A. Kehr, John D. Gass, S.P. “Chip” Johnson IV and Shameek Konar
Benjamin E. Russ will no longer serve as Executive Vice President – General Counsel and Corporate Secretary of the Company.
On December 9, 2022, Michael A. Wichterich informed the Board of Directors of the Company (the “Board”) his intention to resign as Executive Chairman of the Company effective as of the close of business on December 31, 2022.
announced the appointment Josh Viets as the Company’s Executive Vice President and Chief Operating Officer, effective as of February 1, 2022.
On November 30, 2021, the Board of Directors (the “Board”) of Chesapeake Energy Corporation (the “Company”) announced the appointment Mohit Singh as the Company’s Executive Vice President and Chief Financial Officer, effective as of December 6, 2021.
Max materiality 0.95 · Median 0.70 · Most common event m_and_a