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Chesapeake Energy-Southwestern Energy complete merger, rebrand as Expand Energy

( October 1, 2024, 23:59 GMT | Official Statement) -- MLex Summary: Chesapeake Energy and Southwestern Energy completed their $7.4 billion merger and rebranded as Expand Energy, the companies announced. “As America’s largest natural gas producer and a top producer globally, Expand Energy is built to disrupt the industry’s traditional cost and market delivery model,” Nick Dell’Osso, Expand Energy’s President and Chief Executive Officer said in a statement “Behind our advantaged portfolio, peer-leading returns program and resilient financial foundation, we are poised to capture the significant synergies provided by this powerful combination. We will expand opportunity for shareholders and consumers alike by enhancing margins and reaching more markets, reducing the overall cost of energy. The world needs more energy, and our team is committed to sustainably delivering it to consumers.”See attached release....

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