Expand Energy, formerly Chesapeake Energy, has announced its relocation to Houston by mid-2026, following a similar move by Devon Energy. This decision is strategic, aiming to access international markets and potentially enhance the company’s value, even if the majority of employees remain in Oklahoma City. The move also accompanies a leadership change, with Michael Wichterich replacing CEO Nick Del’Osso.
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Second Oklahoma City-based energy company announces move to Houston
Expand Energy, formerly Chesapeake Energy, has announced its relocation to Houston by mid-2026, following a similar move by Devon Energy. This decision is strategic, aiming to access international markets and potentially enhance the company’s value, even if the majority of employees remain in Oklahoma City. The move also accompanies a leadership change, with Michael Wichterich replacing CEO Nick Del’Osso.