Chesapeake and Southwestern agree on $7.4 billion merger

Deal will create the first US-based independent that can compete on an international scale

Merger spree: Bill Way, CEO of Southwestern Energy, has closed a tie-up with fellow US shale player Chesapeake Energy.
Merger spree: Bill Way, CEO of Southwestern Energy, has closed a tie-up with fellow US shale player Chesapeake Energy.Photo: Southwestern Energy
Published 11 January 2024, 12:59Updated 11 January 2024, 15:04