Chesapeake Energy and Southwestern Energy have closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. Expand Energy’s common stock commenced public trading on the NASDAQ under the ticker 'EXE' at the open of trading on October 2, 2024.
'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,' said Nick Dell’Osso, Expand Energy’s President and Chief Executive Officer. '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.'
In connection with its rebranding, Expand Energy launched a new website, which can be found at www.expandenergy.com.
Source: Expand Energy
