Southwestern Energy is a publicly traded company engaged in natural gas exploration and production, primarily operating in the United States. The company focuses on the development of vast unconventional natural gas resources and is involved in various aspects of the energy supply chain, including drilling, extraction, and transportation of natural gas. Southwestern Energy is dedicated to sustainable practices and aims to meet the growing energy needs of consumers while minimizing its environmental footprint. The organization also emphasizes innovation in its operations to enhance efficiency and reliability in its energy offerings.
OKLAHOMA CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. Expand Energy’s common stock will commence public trading on the NASDAQ under the ticker “EXE” at the open of trading on October 2, 2024, and will continue to trade today under the symbol “CHK”.
Chesapeake Energy is to be merged with Southwestern Energy to become the largest gas producer. Roth Capital analyst assigns Buy rating on upside to gas prices.
Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced the waiting period in connection with the companies’ pending combination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”) has expired. The companies expect the merger to close in the first week of October.
Southwestern Energy Company (NYSE: SWN) today announced the Company will release second quarter financial results on August 1, 2024 after market close, which will be available on Southwestern’s website at www.swn.com.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southwestern Energy Company (NYSE: SWN) to Chesapeake Energy Corporation (NasdaqGS: CHK). Under the terms of the proposed transaction, shareholders of Southwestern will receive 0.0867 shares of Chesapeake for each share of Southwestern that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Chesapeake Energy stock may still be a buy before natural gas prices catch up to crude oil. Analysts see up to 230% EPS growth ahead and double-digit upside
Southwestern Energy Company (NYSE: SWN) today announced the Company will release first quarter financial results on May 2, 2024 after market close, which will be available on Southwestern’s website at www.swn.com.
