earnings
confidence high
sentiment positive
materiality 0.75
Chesapeake Q2 net income $391M ($2.73 EPS); adjusted EPS $0.64; dividend raised 4.5%
EXPAND ENERGY Corp
2023-Q2 EPS reported
$12.36
revenue$5,261,000,000
- Net income of $391M ($2.73 diluted EPS); adjusted net income of $92M ($0.64 adjusted EPS).
- Production of 3,653 mmcfe/d (96% gas); adjusted EBITDAX $524M; operating cash flow $515M.
- Base dividend increased ~4.5% to $0.575/share payable Sept 6, 2023; repurchased ~$125M in Q2.
- Entered HOA with Lake Charles LNG to supply gas for up to 1.0 mtpa LNG for 15 years; credit upgraded to Ba1/BB+.