Expand Energy

Expand Energy Corporation
Company typePublic
IndustryPetroleum industry
PredecessorChesapeake Energy
Southwestern Energy
Founded1989; 35 years ago (1989)
Founders
HeadquartersOklahoma City, Oklahoma, U.S.
Key people
ProductsNatural gas
Production output
3,470 MMcf of natural gas per day (2023)
RevenueDecrease US$8.721 billion (2023)
3,780,000,000 United States dollar (2022) Edit this on Wikidata
Increase US$2.419 billion (2023)
Total assetsDecrease US$14.376 billion (2023)
Total equityIncrease US$10.729 billion (2023)
Number of employees
c. 1,000 (December 2023)
Websitewww.expandenergy.com
Footnotes / references
[1]

Expand Energy Corporation is a natural gas exploration and production company headquartered in Oklahoma City. It was previously known as Chesapeake Energy Corporation.

In 2023, the company produced 3,470 MMcf of natural gas per day.[1] As of December 31, 2023, the company had 9,688 Bcf of proved reserves.[1]

The company operates in the Appalachian Basin of the Marcellus Formation in Pennsylvania and West Virginia, as well as the Haynesville Shale in Northwestern Louisiana. The company also controls 2,518,519 net undeveloped acres in New Brunswick, Canada, which are subject to an indefinite moratorium on hydraulic fracturing due to public opposition and cannot be developed.

  1. ^ a b c "Chesapeake Energy 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 21, 2024.