Expand Energy Corporation

Latest Results (24.10.2025):

Expand Energy Corporation reported strong financial and operational performance for the second quarter of 2025, demonstrating significant growth in net income and operational efficiencies. The company achieved notable production milestones and enhanced its financial outlook through strategic capital management and increased shareholder returns.

Financial Performance

In the second quarter of 2025, Expand Energy Corporation achieved a net income of $968 million, or $4.02 per fully diluted share, and an adjusted net income of $265 million, or $1.10 per share. The company also reported net cash provided by operating activities of $1,322 million and an adjusted EBITDAX of $1,176 million.

Operational Achievements

Expand Energy Corporation produced approximately 7.20 Bcfe/d net, with 92% of this being natural gas. The company delivered the highest average drilled footage per day across all three business units, highlighting its operational excellence and efficiency in the second quarter of 2025.

Capital Expenditure and Synergies

The company reduced its full-year 2025 drilling and completion capital expenditures guidance by approximately $100 million, targeting a total of around $2.9 billion. Additionally, Expand Energy increased its annual synergy outlook to $600 million by the end of 2026, leveraging operational efficiencies from integration efforts.

Shareholder Returns

Expand Energy Corporation returned $585 million to shareholders in the first half of 2025 through quarterly base dividends, variable dividends, and share repurchases. The company also announced an incremental free cash flow of approximately $425 million for 2025 and increased its net debt paydown target to $1.0 billion.

Sustainability Initiatives

In the second quarter of 2025, Expand Energy Corporation released its inaugural Sustainability Report for the combined company, underscoring its commitment to responsible development and sustainable value creation for its stakeholders.