secwatch.observer — SEC 8-K summary
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Issuer:     EXPAND ENERGY Corp (EXE)
CIK:        0000895126
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0000895126-24-000106
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chesapeake Energy reports Q2 net loss of $227M, lowers 2024 capex guidance by ~4%
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- Net loss of $227M ($1.73 diluted EPS); adjusted net income of $1M ($0.01 EPS).
- Adjusted EBITDAX of $358M; net cash from operations $209M.
- Quarterly base dividend maintained at $0.575/share, payable Sep 2024 (14th consecutive quarter).
- Net production 2.75 bcf/d (100% natural gas); 75 combined DUCs and deferred TILs at quarter end.
- Lowered 2024 capital expenditure guidance ~4% and production expense guidance ~8% on efficiency gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895126/000089512624000106/0000895126-24-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895126/000089512624000106/chk-20240729.htm
  HTML page:      https://secwatch.observer/filing/0000895126-24-000106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer