9 Feb 2023substantial holder notice● Neutral
The Vanguard Group reported a EXPAND ENERGY Corp shareholding of 12,486,696 shares (9.32% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Feb 2023substantial holder notice● Neutral
BX Vine Oil & Gas Aggregator L.P, BX Vine ML Holdco L.P, BX Vine ML Holdco GP L.L.C, BX Vine Intermediate Holdco L.P, BCP VI/BEP II/BEP Holdings Manager L.L.C, Blackstone Energy Management Associates II L.L.C, Blackstone Energy Management Associates L.L.C, Blackstone Management Associates VI L.L.C, Blackstone EMA II L.L.C, Blackstone EMA L.L.C, BMA VI L.L.C, Blackstone Holdings III L.P, Blackstone Holdings III GP L.P, Blackstone Holdings III GP Management L.L.C, Blackstone Inc, Blackstone Group Management L.L.C, Stephen A. Schwarzman reported a EXPAND ENERGY Corp shareholding of 12,665,899 shares (9.50% of votes) in a periodic institutional filing.
9 Feb 2023substantial holder notice● Neutral
BlackRock, Inc reported a EXPAND ENERGY Corp shareholding of 6,666,665 shares (4.97% of votes) in a periodic institutional filing.
3 Feb 2023substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial EXPAND ENERGY Corp shareholding (5.30% of votes).
31 Jan 2023substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr reported a EXPAND ENERGY Corp shareholding of 163,949 shares (0.10% of votes) in a periodic institutional filing.
4 Jan 2023director interest notice● Neutral
EXPAND ENERGY Corp EVP & CFO Mohit Singh had 2,040 shares withheld for taxes on vesting stock.
1 Nov 2022quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $3162.0 million and net income of $883.0 million for the period ended 2022-09-30.
1 Nov 2022quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $3162.0 million and net income of $883.0 million for the period ended 2022-09-30.
12 Oct 2022director interest notice● Neutral
EXPAND ENERGY Corp President and CEO Domenic J Dell'osso Jr. had 2,497 shares withheld for taxes on vesting stock.
12 Oct 2022director interest notice● Neutral
EXPAND ENERGY Corp Executive Chairman Michael Wichterich had 148 shares withheld for taxes on vesting stock.
11 Oct 2022merger communication▲ GoodMajor
The warrant exchange offers closed with roughly half to two-thirds of each class tendered (51% of Class A, 64% of Class B, 65% of Class C), completing the simplification of Chesapeake's post-bankruptcy capital structure that CEO Nick Dell'Osso had targeted.
7 Oct 2022merger communication● Neutral
Chesapeake announced the final exchange ratios for its warrant offers - 0.8636 shares per Class A warrant, 0.8224 per Class B, and 0.7890 per Class C - ahead of the October 7 expiration.
7 Oct 2022securities registration● Neutral
EXPAND ENERGY Corp filed the final prospectus for a registered offering.
7 Oct 2022substantial holder notice● Neutral
BlackRock, Inc reported a EXPAND ENERGY Corp shareholding of 5,705,514 shares (4.70% of votes) in a periodic institutional filing.
30 Sept 2022director interest notice● Neutral
Gregory M. Larson became a EXPAND ENERGY Corp VP-Accounting & Controller and company insider (initial ownership filing).
16 Sept 2022securities registration● Neutral
EXPAND ENERGY Corp filed the final prospectus for a registered offering.
12 Sept 2022security holder rights change● Neutral
Amendment No. 2 is where the warrant exchange stopped being in doubt: holders of 31.31% of the Class A warrants, 40.52% of the Class B and 33.56% of the Class C had signed tender and support agreements committing to exchange. The deadline moved out a week to October 7, 2022, with the pricing window and October 11 settlement shifting with it.
9 Sept 2022substantial holder notice● Neutral
The Vanguard Group reported a EXPAND ENERGY Corp shareholding of 12,288,170 shares (10.17% of votes) in a periodic institutional filing.
31 Aug 2022security holder rights change● Neutral
Amendment No. 1 to Chesapeake's offer to buy in the Class A, B and C warrants handed to creditors when it emerged from Chapter 11 in February 2021 - each still exercisable for 1.12 shares, at strikes from $25.096 upward. The amendment set the timetable: offers close September 30, 2022, the share consideration to be fixed off a ten-day volume-weighted average price, settlement on October 4, with Citigroup, Cowen and Intrepid Partners as dealer managers.
31 Aug 2022merger communication● Neutral
Chesapeake extended its warrant exchange offers to September 30, 2022 and reset the trading-price measurement period used to set the final exchange ratios.
18 Aug 2022security holder rights change● NeutralMajor
Chesapeake offered to buy in all three classes of warrants issued to creditors on its emergence from bankruptcy, paying in common stock. The number of shares is not fixed: for each class it is the sum of daily share amounts over an observation period, so warrantholders take the risk of Chesapeake's share price across that window rather than knowing what they get when they tender. The offers were set to expire on 16 September 2022.
18 Aug 2022merger communication● NeutralMajor
Chesapeake launched exchange offers letting holders of its Chapter 11-emergence Class A, B and C warrants swap them for common stock, aiming to simplify its capital structure and clear the way to resume its $2 billion share and warrant buyback program.
8 Aug 2022director interest notice● Neutral
Blackstone Holdings III L.P. became a EXPAND ENERGY Corp 10%+ owner and company insider (initial ownership filing).
8 Aug 2022director interest notice● Neutral
Vine Intermediate Holdco L.P. Bx became a EXPAND ENERGY Corp 10%+ owner and company insider (initial ownership filing).
2 Aug 2022quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $3520.0 million and net income of $1237.0 million for the period ended 2022-06-30.
2 Aug 2022quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $3520.0 million and net income of $1237.0 million for the period ended 2022-06-30.
28 June 2022director interest notice● Neutral
EXPAND ENERGY Corp President and CEO Domenic J Dell'osso Jr. bought 3,000 shares on the open market at $82.04.
28 June 2022director interest notice● Neutral
EXPAND ENERGY Corp Executive Chairman Michael Wichterich bought 5,000 shares on the open market.
27 June 2022director interest notice● Neutral
EXPAND ENERGY Corp EVP & COO Joshua J. Viets bought 1,700 shares on the open market at $75.19.
21 June 2022director interest notice● Neutral
EXPAND ENERGY Corp EVP & COO Joshua J. Viets bought 2,450 shares on the open market at $84.41.