Expand Energy to Acquire Twin Eagle, Creating North America's Leading Integrated Natural Gas Company

Details

The transaction, expected to close in the third quarter of 2026, is subject to typical purchase price adjustments, including working capital, and is expected to be funded through a combination of cash on hand and borrowings under the company's revolving credit facility. The acquisition will create a fully integrated natural gas company positioned to capture value across the entire chain in key U.S. and Canadian markets. The combined entity is expected to contribute more than $200 million of projected annual EBITDA and $150 million per year of synergies by year-end 2028.

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About Expand Energy Corp.

Expand Energy Corp. is a prominent player in the energy sector, engaged primarily in the exploration, development, and production of oil and natural gas resources. The company focuses on leveraging advanced technology and innovative techniques to efficiently harness energy resources while maintaining environmental and safety standards. Expand Energy Corp. operates across multiple regions, capitalizing on a diverse portfolio of onshore and offshore assets that provide stability and growth opportunities. Its activities are crucial in supporting energy supply chains, addressing global energy demand, and contributing to energy security. The company's strategic investments in renewable energy projects also reflect a commitment to transitioning towards more sustainable energy solutions. Through partnerships and collaborations with industry leaders, Expand Energy Corp. plays a significant role in driving technological advancements and sustainable practices within the energy market. As the industry navigates the evolving landscape of energy consumption and regulatory changes, Expand Energy Corp.'s comprehensive approach ensures its participation in the broader dialogue on future energy solutions.