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.
