---
schema_version: "secwatch.filing_event.v1"
accession: "0000895126-23-000061"
form_type: "8-K"
ticker: "EXE"
cik: "0000895126"
company_name: "EXPAND ENERGY Corp"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:24:30.638053+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000895126-23-000061
- form_type: 8-K
- ticker: EXE
- cik: 0000895126
- company_name: EXPAND ENERGY Corp
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895126/000089512623000061/0000895126-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895126/000089512623000061/chk-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895126-23-000061
- JSON: https://secwatch.observer/filing/0000895126-23-000061.json
- Plain text: https://secwatch.observer/filing/0000895126-23-000061.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/895126/000089512623000061/0000895126-23-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.