secwatch.observer — SEC 8-K summary
======================================

Issuer:     EXPAND ENERGY Corp (EXE)
CIK:        0000895126
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0000895126-26-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895126/000089512626000027/0000895126-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895126/000089512626000027/exe-20260428.htm
  HTML page:      https://secwatch.observer/filing/0000895126-26-000027

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