Expand Energy has closed its transaction with Twin Eagle, bringing together North America’s largest natural gas producer and leading gas marketer to create North America’s leading integrated natural gas company.

“Today we officially merge Expand Energy’s unmatched scale, resource depth and financial strength with Twin Eagle’s marketing and optimization platform to build an advantaged commercial platform. We’re not just capturing additional margin across the natural gas value chain, we’re cementing our position as the leading integrated natural gas company in North America,” said Michael Wichterich, Expand Energy’s Interim President and Chief Executive Officer.

Twin Eagle will operate as a wholly owned subsidiary of Expand Energy, retaining its name and brand. Jeremy Davis will lead the combined Marketing organization as President of Marketing.

With the transaction complete, the organizations will focus on working together to drive value by:

  - Accelerating Expand Energy’s strategy by delivering incremental free cash flow.
  - Expanding customer and market reach to capture greater value from every molecule.
  - Leveraging scale and financial strength by extending contract terms, attracting additional high-quality customers and reaching high-value markets.
  - Adding an experienced team with a highly successful track record.

Together, Expand Energy’s combined portfolio now markets approximately 14 Bcf/d of natural gas, backed by roughly 9 Bcf/d of firm transportation and 49 Bcf of storage capacity — serving more than 1,000 customers across the U.S. and Canada.

About Expand Energy

Expand Energy Corporation (NASDAQ: EXE) is North America’s largest natural gas producer, powered by dedicated and innovative employees focused on expanding the value of natural gas by connecting global scale to growing markets. Expand Energy’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its advantaged portfolio, financial strength and operational excellence. Expand Energy is committed to expanding America’s energy reach to fuel a more affordable, reliable, lower carbon future.

About Twin Eagle

Founded in 2010, Twin Eagle is a leading physical energy marketer. Today, Twin Eagle is a recognized leader in customized and reliable energy products and services to suppliers, customers, and asset owners across the U.S. and Canada. The basis for Twin Eagle’s success is the depth of its customer relationships, the capabilities of its talented staff, and emphasis on culture, grounded by its Core Values: Safety, Integrity, Performance, Learning, and Teamwork.