earnings
confidence high
sentiment positive
materiality 0.80
Expand Energy Q2 net income $522M ($2.19 EPS); acquires Twin Eagle, $1B buyback authorized
EXPAND ENERGY Corp
- Net income $522M ($2.19 diluted EPS); adjusted net income $317M ($1.33 diluted EPS).
- Net production ~7.48 Bcfe/d (92% gas); full-year 2026 guidance reaffirmed at 7.4-7.6 Bcfe/d.
- Total debt $3.7B, down ~$1.3B from year-end; net debt $3.1B; leverage ratio ~0.5x.
- Q2 share repurchases ~$530M; YTD total ~$850M (4% of shares); new $1B buyback authorization.
- Announced acquisition of Twin Eagle Holdings to create North America's leading integrated natural gas company.