3 Nov 2021director interest notice● Neutral
EXPAND ENERGY Corp 10%+ owner Blackstone Capital Partners Vi-q L.P. disposed of 13,017,653 shares via option/appreciation-right settlement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Nov 2021director interest notice● Neutral
EXPAND ENERGY Corp 10%+ owner Blackstone Capital Partners Vi-q L.P. disposed of 13,017,653 shares via option/appreciation-right settlement.
3 Nov 2021director interest notice● Neutral
Vine Investment LLC became a EXPAND ENERGY Corp 10%+ owner and company insider (initial ownership filing).
3 Nov 2021director interest notice● Neutral
EXPAND ENERGY Corp 10%+ owner Blackstone Capital Partners Vi-q L.P. disposed of 13,017,653 shares via option/appreciation-right settlement.
3 Nov 2021director interest notice● Neutral
Blackstone Energy Partners II Q (pub) L.P. became a EXPAND ENERGY Corp 10%+ owner and company insider (initial ownership filing).
2 Nov 2021asset acquisition disposition▲ GoodMajor
Chesapeake completed its acquisition of Vine Energy, finalizing the Haynesville consolidation announced in August and adding Vine's Louisiana gas acreage to its portfolio.
2 Nov 2021quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $890.0 million and a net loss of $345.0 million for the period ended 2021-09-30.
2 Nov 2021quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $890.0 million and a net loss of $345.0 million for the period ended 2021-09-30.
13 Oct 2021director interest notice● Neutral
EXPAND ENERGY Corp Executive Chairman Michael Wichterich received 1,520 shares and a 6,080-share option grant as part of the equity award.
13 Oct 2021director interest notice● Neutral
EXPAND ENERGY Corp President and CEO Domenic J Dell'osso Jr. received 16,980 shares and a 67,918-share option grant as part of the equity award.
1 Oct 2021securities registration● Neutral
EXPAND ENERGY Corp filed the final prospectus for a registered offering.
22 Sept 2021business combination● Neutral
The amendment that made the Vine vote a formality on paper as well as in practice: it fixed the special meeting for October 28, 2021 off a September 22 record date and disclosed that the Legacy Vine Holders - the private equity owners from before the IPO - controlled about 72.8% of the voting stock. It also refreshed the implied value of the $1.20-plus-0.2486-share consideration to September 17 prices.
10 Sept 2021substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a EXPAND ENERGY Corp shareholding of 19,816,803 shares (17.70% of votes) in a periodic institutional filing.
1 Sept 2021business combination● NeutralMajor
Registration statement for Chesapeake's purchase of Vine Energy, the Haynesville gas producer: $1.20 in cash plus 0.2486 Chesapeake shares for each Vine Class A share, leaving Chesapeake holders with about 84% of the combined company and Vine's with 16%. Vine owes a $45 million break fee if its board switches sides - a small one, and there is no reciprocal fee from Chesapeake.
1 Sept 2021director interest notice● Neutral
Benjamin Russ became a EXPAND ENERGY Corp EVP-General Counsel and company insider (initial ownership filing).
12 Aug 2021merger communication▲ Good
Chesapeake's second-quarter 2021 earnings call reiterated strong free cash flow and touched on the newly announced Vine Energy acquisition.
11 Aug 2021business combination▲ GoodMajor
Chesapeake's investor materials on the Vine Energy acquisition detailed the deal's rationale and flagged a planned 27% dividend increase to $1.75 per share once the deal closes.
11 Aug 2021merger communication▲ Good
A duplicate filing of the same Vine Energy acquisition press release, required because it doubled as an offering communication during the pending stock-for-stock deal.
11 Aug 2021business combination▲ Good
Chesapeake filed the same-day Vine Energy merger agreement, including registration rights for the roughly 13.6 million new shares to be issued to Vine's Blackstone-affiliated holders.
11 Aug 2021merger communication▲ GoodMajor
Chesapeake agreed to acquire Vine Energy, a Blackstone-backed Haynesville gas producer, in a $2.2 billion, mostly-stock deal that consolidates the Haynesville play, adds roughly 370 premium drilling locations, and is expected to lift Chesapeake's five-year free cash flow outlook by about $1.5 billion.
10 Aug 2021quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $693.0 million and a net loss of $439.0 million for the period ended 2021-06-30.
10 Aug 2021quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $693.0 million and a net loss of $439.0 million for the period ended 2021-06-30.
14 June 2021material agreement● Neutral
The reorganized Chesapeake amended its new post-bankruptcy credit agreement to temporarily waive a minimum-hedging requirement.
4 May 2021director interest notice● Neutral
EXPAND ENERGY Corp Interim CEO Michael Wichterich received a stock option grant for 9,204 shares.
23 Apr 2021listing compliance notice▼ BadMajor
EXPAND ENERGY Corp deregistered its securities, ending its obligation to file reports with the SEC.
10 Mar 2021substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc disclosed a new substantial EXPAND ENERGY Corp shareholding (23.90% of votes).
23 Feb 2021director interest notice● Neutral
EXPAND ENERGY Corp director Matthew Gallagher acquired 7,594 shares at $43.71 under a company stock plan.
23 Feb 2021director interest notice● Neutral
EXPAND ENERGY Corp director Brian Steck acquired 7,594 shares at $43.71 under a company stock plan.
23 Feb 2021director interest notice● Neutral
EXPAND ENERGY Corp director Benjamin Duster acquired 6,864 shares at $43.71 under a company stock plan.
23 Feb 2021director interest notice● Neutral
EXPAND ENERGY Corp director Timothy S. Duncan acquired 7,156 shares at $43.71 under a company stock plan.