Expand Energy Q2 net income $968M, adjusted EPS $1.10; cuts capex guide, boosts synergy target

EXPAND ENERGY Corp

2025-Q2 EPS reported $2.99 revenue$5,886,000,000

Net income $968M ($4.02 diluted EPS); adjusted net income $265M ($1.10/share).
Net cash provided by operations $1.322B; Adjusted EBITDAX $1.176B.
Produced ~7.20 Bcfe/d net (92% natural gas); highest drilled footage in all business units.
Reduced FY2025 D&C capex guide by ~$100M to ~$2.9B; synergy outlook raised to $600M by end 2026.
Announced ~$425M incremental FCF in 2025; net debt paydown increased to $1.0B; returned $585M to shareholders in H1 2025.

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