earnings
confidence high
sentiment positive
materiality 0.85
Expand Energy reports Q3 net loss $114M; provides 2025 plan, new $1B buyback
EXPAND ENERGY Corp
2024-Q3 EPS reported
-$2.39
revenue$2,234,000,000
- Net loss $114M ($0.85 EPS); adjusted net income $22M ($0.16 EPS).
- Produced 2.65 bcf/d net (100% natural gas); Adj. EBITDAX $365M.
- 2025 capex ~$2.7B, net production ~7 bcf/d (~91% gas).
- New $1B share repurchase authorization; quarterly dividend $0.575/share.
- Synergy target raised to ~$500M by 2027; upgraded to investment grade (BBB-).