New addition Expand Energy
$CHK (-0.94%)

Expand Energy was recently formed through the merger of Chesapeake Energy and Southwestern Energy. It is now one of the largest natural gas producers in the USA.

Expand Energy is active in the field of fracking, particularly in the extraction of natural gas. The company uses hydraulic fracturing (fracking) to extract gas from shale formations and other unconventional reservoirs. This process is a key part of their strategy as it enables them to efficiently extract large quantities of natural gas and maintain their production capacity.

The original companies before the merger:

Chesapeake Energy: A pioneer in the shale gas revolution, focused on the exploration and production of natural gas. It was a leader in the development of unconventional energy resources and was an early investor in the export of liquefied natural gas (LNG).

Southwestern Energy: Strong presence in shale gas areas with a stable base in the exploration and production of natural gas and crude oil.

The new company Expand Energy is largely controlled by institutional investors. The largest shareholders include:

Vanguard Group, Blackstone Inc. and Blackstone, BlackRock Inc. and T. Rowe Price

The merger has not only increased operational efficiency, but has also positioned Expand Energy to capitalize on growing global energy demand and LNG exports.

Donald Trump pledged extensive support for fracking as part of his 2024 election campaign. His key promises include the expansion of fracking activities, particularly on federal land, and the simplification of approval procedures for energy projects.

I can imagine increasing the position twice more in 2025.

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