EXPAND ENERGY Corp. Files 8-K on Material Agreements
Ticker: EXE · Form: 8-K · Filed: Dec 2, 2024 · CIK: 895126
Sentiment: neutral
Topics: material-agreement, financial-obligation, corporate-action
TL;DR
EXPAND ENERGY Corp. (fka CHESAPEAKE ENERGY) filed an 8-K on Dec 2, 2024, reporting material agreements and financial obligations.
AI Summary
On December 2, 2024, EXPAND ENERGY Corp. (formerly CHESAPEAKE ENERGY CORP) filed an 8-K report detailing several material events. These include entering into a material definitive agreement, creating a direct financial obligation, and other events. The company, incorporated in Oklahoma, is involved in crude petroleum and natural gas extraction.
Why It Matters
This filing indicates significant corporate actions and potential financial commitments for EXPAND ENERGY Corp., which could impact its operational and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates material definitive agreements and financial obligations, which inherently carry risk, but the specific details and impact are not fully disclosed in this summary.
Key Players & Entities
- EXPAND ENERGY Corp. (company) — Filer of the 8-K report
- CHESAPEAKE ENERGY CORP (company) — Former name of EXPAND ENERGY Corp.
- December 2, 2024 (date) — Date of the earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by EXPAND ENERGY Corp. on December 2, 2024?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What are the specific direct financial obligations or off-balance sheet arrangements created by EXPAND ENERGY Corp.?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not detailed in the provided text.
What other events are reported in this 8-K filing by EXPAND ENERGY Corp.?
The filing lists 'Other Events' as a category, but the specific nature of these events is not detailed in the provided text.
When did EXPAND ENERGY Corp. change its name from CHESAPEAKE ENERGY CORP?
The date of the name change from CHESAPEAKE ENERGY CORP to EXPAND ENERGY Corp. was November 29, 1994.
What is EXPAND ENERGY Corp.'s primary business as indicated by its SIC code?
EXPAND ENERGY Corp.'s Standard Industrial Classification (SIC) code is 1311, which corresponds to Crude Petroleum & Natural Gas extraction.
Filing Stats: 1,078 words · 4 min read · ~4 pages · Grade level 12.1 · Accepted 2024-12-02 16:11:07
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share EXE The Nasdaq
- $750,000,000 — blic offering (the "Notes Offering") of $750,000,000 aggregate principal amount of its 5.700
Filing Documents
- tm2429756d1_8k.htm (8-K) — 45KB
- tm2429756d1_ex4-1.htm (EX-4.1) — 332KB
- tm2429756d1_ex4-2.htm (EX-4.2) — 222KB
- tm2429756d1_ex5-1.htm (EX-5.1) — 20KB
- tm2429756d1_ex5-2.htm (EX-5.2) — 14KB
- tm2429756d1_8kimg001.jpg (GRAPHIC) — 15KB
- tm242975d1_ex5-1img01.jpg (GRAPHIC) — 4KB
- tm242975d1_ex5-1img02.jpg (GRAPHIC) — 3KB
- 0001104659-24-124578.txt ( ) — 1026KB
- exe-20241202.xsd (EX-101.SCH) — 4KB
- exe-20241202_def.xml (EX-101.DEF) — 27KB
- exe-20241202_lab.xml (EX-101.LAB) — 38KB
- exe-20241202_pre.xml (EX-101.PRE) — 25KB
- tm2429756d1_8k_htm.xml (XML) — 7KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 4.1 Indenture, dated as of December 2, 2024, by and between Expand Energy Corporation and Regions Bank, as Trustee. 4.2 First Supplemental Indenture, dated as of December 2, 2024, by and between Expand Energy Corporation and Regions Bank, as Trustee (including the form of the Notes). 5.1 Opinion of Latham & Watkins LLP regarding the enforceability of the Notes. 5.2 Opinion of Derrick & Briggs, LLP regarding the legality of the Notes. 23.1 Consent of Latham & Watkins LLP (included in Exhibit 5.1 hereto). 23.2 Consent of Derrick & Briggs, LLP (included in Exhibit 5.2 hereto). 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EXPAND ENERGY CORPORATION By: /s/Chris Lacy Chris Lacy Executive Vice President, General Counsel and Corporate Secretary Date: December 2, 2024