Expand Energy Q1 net income $1.16B ($4.81/diluted); debt reduced by $1.3B

EXPAND ENERGY Corp

2026-Q1 EPS reported $4.81 revenue$4,397,000,000

Net income $1,159M ($4.81/diluted); adjusted net income $923M ($3.83/diluted).
Adjusted EBITDAX $1,968M; net cash from operations $2,402M.
Production ~7.44 Bcfe/d (93% natural gas); FY2026 guidance reaffirmed at ~7.5 Bcfe/d.
Total debt reduced by ~$1.3B via senior note redemption; net debt $2.8B, down $1.6B from YE2025.
Signed 20-year LNG offtake SPA with Delfin FLNG for ~1.15 million tonnes/year.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EXPAND ENERGY Corp reported first quarter 2026 results: net income $1,159 million, or $4.81 per fully diluted share, EPS $4.81 per fully diluted share. Guidance reaffirmed.

Period: first quarter 2026
Net income: $1,159 million, or $4.81 per fully diluted share
EPS: $4.81 per fully diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

2026 financial and operating results. • Net cash provided by operating activities of $2,402 million, reflecting continued strong cash generation from operations • Net income of $1,159 million, or $4.81 per fully diluted share; adjusted net income (1) of $923 million, or $3.83 per diluted share • Adjusted EBITDAX (1) of $1,968 million • Net production of ~7.44 Bcfe/d

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Source: SEC EDGAR

accession 0000895126-26-000027

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