Chesapeake Q1 adj EPS $1.87; $1.18 dividend; Gunvor LNG HOA; Fitch upgrade

EXPAND ENERGY Corp

2023-Q1 EPS reported $9.60 revenue$3,370,000,000

Net income $1,389M ($9.60 GAAP diluted EPS); adjusted net income $270M ($1.87 adj. diluted EPS).
Total dividend $1.18/share ($0.55 base + $0.63 variable) payable June 6, 2023 to holders of record May 18.
Closed over $2.8B in Eagle Ford asset sales YTD; actively engaged on remainder of Eagle Ford position.
Entered HOA with Gunvor for up to 2 mtpa LNG supply indexed to JKM, targeting 2027 start.
Fitch upgraded IDR to BB+ with positive outlook; cash on hand ~$1.2B as of April 30, 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

EXPAND ENERGY Corp reported first quarter of 2023 results: net income $1,389 million, EPS $9.60 per diluted share.

Period: first quarter of 2023
Net income: $1,389 million
EPS: $9.60 per diluted share
Result: reported results

Exact text from the filing

Chesapeake Energy Corporation (NASDAQ:CHK) today reported 2023 first quarter financial and operating results. • Net cash provided by operating activities of $889 million • Net income totaled $1,389 million, or $9.60 per diluted share

View on SEC.gov

Browse all earnings releases →

EXPAND ENERGY Corp filing history →

Source: SEC EDGAR

accession 0000895126-23-000061

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.