Chesapeake, Southwestern deal announced

Jack Burke Senior Editor, Compressor Tech2

January 11, 2024

Combined firms would be one of the largest U.S. natural gas producers

Chesapeake Energy said it will merger with smaller rival Southwestern Energy in an all-stock transaction valued at US$7.4 billion.

The new firm—which will operate under a new name—would be one of the largest U.S. natural gas producers. The announcement is another in a series of recent deals in the U.S.…

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