Light a gas stove, and the fuel may have started its journey at a well like those Expand Energy drills. The company runs wells in the United States that produce mainly natural gas, plus some oil and natural gas liquids (NGL, liquid fuels separated from gas). It sells that output. A second business, Marketing, sells gas and arranges its transport, both for the company and for other well owners. Buying Twin Eagle, a gas marketing and logistics firm, in September 2026 made Marketing larger.
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