CHK-SWN merger to create largest US natural gas producer, Q2 2024 – how to play

- Following Chesapeake Energy since January, acquired SWN (Southwestern Energy) for $7.4 billion - CHK has been acquiring regional rivals and has over $1 billion in cash - Planning to ride SWN stock upwards until merger with CHK in Q2 2024 - Merger will create largest US natural gas producer - SWN expected to continue rising as interest increases closer to merger - Acquisition value provides price floor, limiting downside risk - Natural gas demand increasing, profits rising - SWN has potential for growth if Canada lifts fracking ban - FTC monitoring merger for antitrust concerns - Biden administration likely to approve merger - No news since Jan, on track for Q2 merger - Position in SWN Jan 2025 $10 strike leaps and shares, consider shorter expirations for higher risk. Not financial advice.