Browsing Tag
Expand Energy Corporation
2 posts
Expand Energy (Nasdaq: EXE) agrees $1.25bn Twin Eagle acquisition to build North American gas marketing powerhouse
Expand Energy is moving beyond production through the acquisition of Twin Eagle’s marketing, storage and transportation platform. The deal promises recurring cash flow, but integration, working capital and renewed borrowing will determine whether the strategy creates durable value.
Expand Energy expands gas marketing reach with $1.25bn Twin Eagle purchase
Expand Energy will buy Twin Eagle for $1.25 billion, targeting $750 million in annual cash flow from an integrated gas strategy.