Group 1: Company Overview - Expand Energy Corporation (NASDAQ:EXE) was formed in 2024 through the merger of Chesapeake Energy Corporation and Southwestern Energy Company, operating as an independent natural gas production company in the United States [2] - The company announced a significant leadership change on February 9, with Nick Dell'Osso stepping down as President, CEO, and director, replaced by chairman Michael Wichterich as interim CEO [3] Group 2: Leadership and Corporate Changes - The company is currently searching for a permanent CEO following Dell'Osso's departure and plans to relocate its corporate headquarters from Oklahoma City to Houston [3] Group 3: Market Performance and Industry Context - The share price of Expand Energy fell by 5.80% between February 3 and February 10, 2026, making it one of the energy stocks that lost the most during that week [1] - The company has faced pressure from declining natural gas prices due to increased production and forecasts of warmer weather, which reduces demand for heating and energy production [4] - Expand Energy was included in a list of the 10 Best American Oil and Gas Stocks to Buy, with 77 hedge fund investors reported at the end of Q3 2025 [4]
Expand Energy (EXE) Announces Change of Leadership