Expand Energy Q1 net loss $249M, adj. net income $487M; S&P 500 added, credit upgrade

EXPAND ENERGY Corp

2025-Q1 EPS reported -$1.06 revenue$2,196,000,000

Net loss of $249M ($1.06 diluted EPS); adjusted net income $487M ($2.02 per share).
Adjusted EBITDAX $1,395M; net cash from ops $1,096M; production 6.79 Bcfe/d (92% gas).
Added to S&P 500 effective March 24, 2025; Moody's upgraded to Baa3 investment grade.
Quarterly base dividend of $0.575/share payable June 2025, 17th consecutive quarter.
On track for ~$400M in 2025 synergies; targeting $500M annual synergies by year-end 2026.

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