AcquisitionJul 27, 2026Completed
🇺🇸 United States

Twin Eagle Holdings, N.A., LLCExpand Energy Corporation

Energy › Midstream

Enterprise value$1.25BEnterprise value
AnnouncedJul 27, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

Expand Energy entered into a definitive merger agreement to acquire Twin Eagle Holdings, N.A., LLC, a private asset-backed natural gas marketing and optimization business, from Five Point Infrastructure for $1.25 billion, subject to purchase price adjustments.

Deal rationale

The acquisition is meant to turn Expand into an integrated natural gas producer and marketer, adding marketing earnings and synergies and expanding its customer and market reach.

AI-generated from the SEC filing
CompletedEnergy › MidstreamUnited StatesNorth America

Timeline

  1. AnnouncedJul 27, 2026

    Imported from prototype record 33, unverified

    Filing
  2. ClosedSep 16, 2026

    Closing reported in Form 8-K filed 2026-09-16.

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise value$1.25BHeadline figure
ConsiderationCash

Advisors

Buy-side
PPPJT Partners
Sell-side
LLazard

Parties

Target
Twin Eagle Holdings, N.A., LLC
Headquarters
United States
Ticker
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Acquirer
Expand Energy Corporation
Headquarters
United States
Ticker
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EDGAR company page
Seller
Five Point Infrastructure
Headquarters
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Ticker
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