When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SWN - Southwestern Energy Remains On Track For The Merger With Chesapeake
Southwestern Energy Company
2024-05-23 07:30:00 ET
Summary
Southwestern Energy has curtailed production in the face of a challenging natural gas market as it prepares to merge with Chesapeake Energy.
The FTC continues to push back on O&G mergers, causing potential delays and challenges for the Southwestern-Chesapeake merger.
Despite the challenges, Southwestern is engaging with the FTC's requests and expects the merger to close in 2H24, which could lead to operational efficiencies and a larger natural gas footprint.