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A $1.25 billion merger agreement, disclosed in an 8-K filed with the U.S. Securities and Exchange Commission, is the headline transaction for Expand Energy Corporation.
Expand Energy (Nasdaq: EXE), incorporated in Oklahoma and based in Spring, Texas, signed the Agreement and Plan of Merger on July 24, 2026, to acquire Twin Eagle N.A., LLC, which the filing describes as an independent asset-backed natural gas marketing and optimization business.
Structure of the deal Under the agreement, Eikon AW Holdings, LLC, a wholly owned Expand Energy subsidiary formed as the merger vehicle, will merge with and into Twin Eagle.
Twin Eagle survives as a wholly owned subsidiary of Expand Energy once the transaction closes.
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