Expand Energy Corporation entered into an Agreement and Plan of Merger with Twin Eagle N.A., LLC to acquire its asset-backed natural gas marketing and optimization business. The transaction involves a base purchase price of $1.25 billion, subject to working capital, cash, indebtedness, and unpaid transaction expense adjustments. Expand Energy paid a $62.5 million cash deposit upon execution. Closing is contingent on customary conditions, including Hart-Scott-Rodino antitrust clearance, Canadian Competition Act approvals, and Federal Energy Regulatory Commission authorization under the Federal Power Act. The merger agreement may be terminated if not consummated by January 24, 2027. Expand Energy Corporation operates in the energy sector, specifically focusing on natural gas marketing and optimization.

Expand Energy Corporation reported second quarter 2026 net income of $522 million, or $2.19 per fully diluted share, and adjusted net income of $317 million, or $1.33 per diluted share. Net production averaged approximately 7.48 Bcfe/d, reaffirming full-year 2026 guidance. The company reduced total debt to $3.7 billion from year-end 2025 levels and announced an additional $1 billion common stock repurchase authorization following $850 million in year-to-date repurchases. Additionally, the company announced the acquisition of Twin Eagle Holdings, N.A. LLC. Expand Energy is an integrated natural gas company.

Expand Energy Corporation entered a definitive merger agreement to acquire Twin Eagle Holdings, N.A. from Five Point Infrastructure for $1.25 billion. The transaction, expected to close in the third quarter of 2026, aims to create a leading integrated natural gas company by combining Expand's supply with Twin Eagle's marketing platform. The acquisition is expected to be immediately accretive, contributing over $200 million in projected annual EBITDA and $150 million in annual synergies by year-end 2028. Expand Energy plans to fund the acquisition using cash on hand and its revolving credit facility. Expand Energy is an energy company that operates as a natural gas producer and marketer.

Gregory M. Larson, Vice President – Accounting & Controller, announced his intention to resign from Expand Energy Corporation. Marcel Teunissen, the current Executive Vice President and Chief Financial Officer, has assumed the duties of principal accounting officer on an interim basis, effective June 23, 2026. Expand Energy Corporation is an energy company operating in the oil and gas sector.