---
schema_version: "secwatch.filing_event.v1"
accession: "0000895126-24-000053"
form_type: "8-K"
ticker: "EXE"
cik: "0000895126"
company_name: "EXPAND ENERGY Corp"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:13:38.218919+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chesapeake Q1: net income $26M, adj net income $80M, dividend $0.715/share

## Summary
- Net income $26M ($0.18 diluted EPS); adjusted net income $80M ($0.56 per share).
- Production 3.20 bcf/d (100% natural gas); building 46 DUCs/deferred TILs; plans to drop Marcellus rig mid-year.
- Declared combined base ($0.575) and variable ($0.14) dividend totaling $0.715/share, payable June 5 to May 16 record.
- Credit facility commitments increased by $500M to $2.5B; LC sublimit up $300M to $500M.
- Signed LNG SPAs for 0.5 mtpa from Delfin LNG with Gunvor offtake, targeted start 2028.

## SEC filing metadata
- accession: 0000895126-24-000053
- form_type: 8-K
- ticker: EXE
- cik: 0000895126
- company_name: EXPAND ENERGY Corp
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/895126/000089512624000053/0000895126-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895126/000089512624000053/chk-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895126-24-000053
- JSON: https://secwatch.observer/filing/0000895126-24-000053.json
- Plain text: https://secwatch.observer/filing/0000895126-24-000053.txt

## Key facts
- Earnings Releases
  EXPAND ENERGY Corp reported first quarter 2024 results: net income Net income of $26 million, or $0.18 per fully diluted share, EPS $0.18 per fully diluted share.
  - Period: first quarter 2024
  - Net income: Net income of $26 million, or $0.18 per fully diluted share
  - EPS: $0.18 per fully diluted share
  - Result: reported results
  source text: Chesapeake Energy Corporation (NASDAQ:CHK) today reported first quarter 2024 financial and operating results. • Net income of $26 million, or $0.18 per fully diluted share; adjusted net income (1) of $80 million, or $0.56 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/895126/000089512624000053/0000895126-24-000053-index.htm

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