1 Oct 2024director interest notice● Neutral
EXPAND ENERGY Corp director S P Johnson IV received 15,760 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 Oct 2024director interest notice● Neutral
EXPAND ENERGY Corp director Catherine A Kehr received 48,824 shares as part of the equity award.
26 Sept 2024merger communication▲ GoodMajor
The FTC's antitrust waiting period on the Southwestern Energy merger expired, clearing the last major hurdle; the companies said the deal would close in the first week of October and the combined company would be renamed Expand Energy, trading on Nasdaq as "EXE."
29 July 2024quarterly activities report▼ Bad
Chesapeake Energy, now Expand Energy, filed an 8-K saying it had issued a press release on its second-quarter 2024 results. It said it would present those results on July 30, 2024.
29 July 2024quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $505.0 million and a net loss of $227.0 million for the period ended 2024-06-30.
18 June 2024director interest notice● Neutral
EXPAND ENERGY Corp EVP-General Counsel Benjamin Russ exercised stock options for 26,203 shares and disposed of 25,860 shares.
13 June 2024merger communication● Neutral
Chesapeake corrected a proxy-advisor (ISS) error about executive severance tied to the Southwestern Energy merger vote, clarifying that executives' equity only accelerates if they are terminated after closing, not automatically.
10 June 2024business combination▲ Good
Chesapeake disclosed four shareholder lawsuits and several demand letters alleging the merger proxy was misleading. It denied the claims but voluntarily added supplemental disclosures, such as updated share counts and forecast details, to the proxy.
10 June 2024merger communication▲ GoodMajor
Chesapeake disclosed that four stockholder lawsuits and several demand letters challenged the Southwestern merger proxy statement as incomplete. It called the claims meritless but voluntarily added supplemental disclosures, including updated share counts and forecast details, to moot them.
6 June 2024director interest notice● Neutral
EXPAND ENERGY Corp director Matthew Gallagher acquired 2,234 shares at $89.55 under a company stock plan.
6 June 2024agm notice● Neutral
Chesapeake shareholders elected all seven directors, approved executive pay in an advisory vote, and ratified PricewaterhouseCoopers as auditor for 2024. They also approved extending the 2021 Long Term Incentive Plan to June 6, 2034.
6 June 2024director interest notice● Neutral
EXPAND ENERGY Corp director Timothy S. Duncan acquired 2,457 shares at $89.55 under a company stock plan.
6 June 2024director interest notice● Neutral
EXPAND ENERGY Corp director Benjamin Duster acquired 2,234 shares at $89.55 under a company stock plan.
6 June 2024director interest notice● Neutral
EXPAND ENERGY Corp director Sarah A. Emerson acquired 2,234 shares at $89.55 under a company stock plan.
6 June 2024director interest notice● Neutral
EXPAND ENERGY Corp director Michael Wichterich acquired 3,909 shares at $89.55 under a company stock plan.
6 June 2024director interest notice● Neutral
EXPAND ENERGY Corp director Brian Steck acquired 2,513 shares at $89.55 under a company stock plan.
30 May 2024director interest notice● Neutral
EXPAND ENERGY Corp VP-Accounting & Controller Gregory M. Larson exercised stock options for 5,660 shares and disposed of 5,957 shares.
30 May 2024director interest notice● Neutral
EXPAND ENERGY Corp President and CEO Domenic J Dell'osso Jr. exercised stock options for 80,621 shares and disposed of 82,323 shares.
17 May 2024securities registration● Neutral
Chesapeake filed the final joint proxy statement/prospectus for its merger with Southwestern Energy. Southwestern holders would get 0.0867 Chesapeake share per share, with Chesapeake's special meeting set for June 18, 2024.
8 May 2024merger communication▲ GoodMajor
As the merger registration statement was formally filed, CEO Nick Dell'Osso announced the post-close executive team (himself as CEO, Chris Lacy as General Counsel, Mohit Singh as CFO, Josh Viets as COO) and an expanded board chaired by Mike Wichterich, drawing from both Chesapeake and Southwestern.
7 May 2024merger communication● Neutral
Chesapeake published an internal FAQ for employees about the pending Southwestern Energy merger.
7 May 2024business combination● Neutral
Amendment No. 2 filled in the dates the previous version had left blank: both special meetings on June 18, 2024, off April 22 record dates, with the implied value of the 0.0867 ratio marked to May 3 prices. That put the $7.4 billion Southwestern merger on a definite path to a vote.
1 May 2024merger communication● Neutral
Chesapeake's first-quarter 2024 earnings call reaffirmed the pending Southwestern Energy merger amid broader macro and geopolitical risk discussion.
30 Apr 2024quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $1081.0 million and net income of $26.0 million for the period ended 2024-03-31.
30 Apr 2024quarterly activities report● Neutral
Chesapeake filed an 8-K saying it issued a press release on April 30, 2024 reporting first-quarter results. It also said it would present those results on May 1.
26 Apr 2024agm notice● Neutral
EXPAND ENERGY Corp announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
26 Apr 2024agm notice● Neutral
Chesapeake issued its definitive proxy statement for the virtual annual meeting on June 6, 2024. Shareholders were asked to elect seven directors, approve executive pay in an advisory vote, extend the 2021 Long Term Incentive Plan to 2034, and ratify PwC as auditor.
11 Apr 2024business combination● Neutral
Amendment No. 1 to the Southwestern registration, still preliminary: it refreshed the implied value of the fixed 0.0867 ratio to April 10, 2024 prices and added the registration mechanics for the two virtual special meetings, whose dates and record dates were still left blank. The terms it registers read the same as in February.
9 Apr 2024director interest notice● Neutral
EXPAND ENERGY Corp VP-Accounting & Controller Gregory M. Larson had 147 shares withheld for taxes on vesting stock.
9 Apr 2024director interest notice● Neutral
EXPAND ENERGY Corp EVP-General Counsel Benjamin Russ had 383 shares withheld for taxes on vesting stock.