Chesapeake Energy鈥檚 $7.4 billion merger with Southwestern Energy closed on Oct. 1, ending a push-pull dynamic with federal regulators that delayed the deal by a quarter. The newly dubbed Expand Energy is now trading on the Nasdaq with the ticker symbol 鈥淓XE.鈥�

The two natural gas players said they had cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in late September. Expand Energy will become the largest gas producer in the U.S. with its massive dual footprints in both the Appalachia and Haynesville shale plays.

The all-stock acquisition of Southwestern by Chesapeake was first announced in January; Chesapeake exchanged Southwestern shares on a 0.0867:1 basis, but additional scrutiny and information requests by the U.S. Federal Trade Commission caused some delays. The new Expand name was only announced in late September.

Chesapeake Energy’s $7.4 billion merger with Southwestern Energy closed on Oct. 1, ending a push-pull dynamic with federal regulators that delayed the deal by a quarter. The newly dubbed Expand Energy is now trading on the Nasdaq with the ticker symbol “EXE.”

The two natural gas players said they had cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in late September. Expand Energy will become the largest gas producer in the U.S. with its massive dual footprints in both the Appalachia and Haynesville shale plays.

The all-stock acquisition of Southwestern by Chesapeake was first announced in January; Chesapeake exchanged Southwestern shares on a 0.0867:1 basis, but additional scrutiny and information requests by the U.S. Federal Trade Commission caused some delays. The new Expand name was only announced in late September.